Posts

Live Forex Trading - Beware of Smoke Screens + AUDJPY Short Setup

Beware of Smokescreens + AUDJPY Short Setup

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In today's live session, we focused on the fundamentals behind the recent rallies for the Euro and whether if these rallies are here to stay or if they are all smokescreens. At the start of the week, many of the European pairs seemed to be…
Live Forex Trading - Gold Almost at 1800 + CADJPY Short Ready?

Gold Almost at 1800 + CADJPY Short Ready?

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In today's live trading session, we spoke about Gold's journey to 1800 as well as trade setups for CADJPY and NZDCAD. Back in December 2019, RP Forex made a bold prediction that Gold would reach at least $1800 by the end of 2020. Fast forward…
Live Forex Trading - US Dollar Bullish for Fourth of July Week?

US Dollar Bullish for Independence Week?

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In today's live trading session, we discussed the important events in the week ahead of us as well as viable trade setups to take. Not only do we have NFP this week, but we also have Canada Day and Independence Day (Fourth of July). Since…
Despite 7.1% Unemployment Rate AUDUSD Stays Put

Despite 7.1% Unemployment Rate AUDUSD Stays Put

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In today's live trading session, we went over the Australian unemployment data release and the lack of effect it had on the Aussie. We then went over the current status of our GBPJPY and GBPUSD trades. Last night the Australian government…
Intraday Setups for NZDCAD and AUDCAD

Intraday Setups for NZDCAD and AUDCAD

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In today's live trading session, we went over the current status of our pending setups and determined if an entry is imminent. We then spent the rest of the session discussing potential intraday setups for NZDCAD and AUDCAD. Since the end…
FXL-Youtube-Forex-Live-Strong-US-Sales-Data-as-Catalyst-for-shorts-June-16-2020

Strong US Sales Date as Catalyst for Shorts

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In today's live trading session, we discussed the US Core Retail sales data and the impact it may have on our setups for the major currency pairs. This morning, the US economy published its retail sales data and the results were spectacular.…
USDCHF Profits + The Yen Ready To Buy?

USDCHF Profits + The Yen Ready To Buy?

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In today's live trading session, we went over the trades we took shortly before the FOMC press conference. We then discussed trade setups for AUDJPY, NZDJPY, CADJPY, and EURJPY. During yesterday's live session, we completed technical analysis…
Markets Await FOMC Economic Projections

Markets Await FOMC Economic Projections

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In today's live trading session, we did a complete overview of the FOMC press conference that is occurring later today at 2:00 PM EST. Most of the financial markets are awaiting this all-important press conference as it will not only include…
Weekly Profit Recap (+300 Pips) + Next Week's Market Insight

Weekly Profit Recap (+300 Pips) + Next Week's Market Insight

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In today's live trading session, we did a recap of the trades that we took this week to gain +300 pips. We then discussed the Non-Farm Payroll release and how that may affect trade setups for next week. This week was another great week as…

Majors Analysis + US in Deep Waters?

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In today's live trading session, we completed technical and fundamental analysis for the majors as this week is Non-Farm Payroll (NFP) week. As if the US economy wasn't dealing with enough on its plate with the pandemic and tensions with…