Posts

Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In today's live trading session, we did a recap of how our week went, and then we completed price action analysis to determine trades for next week. The current market choppiness appears to be here to stay. For this reason, we reduced the…
Live Forex Trading - US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

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In today's live trading session, we went over the results of the US unemployment claims and then completed analysis for the Dollar Index to determine the direction of the majors. This morning the US economy printed a result of 1.314 million…
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 - Positive USD Manufacturing Data + EURUSD Short?

Positive USD Manufacturing Data + EURUSD Short?

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In today's live trading session, we discussed this morning's US manufacturing data and then completed analysis to determine possible trades for the week. This morning the US economy printed a result of 57.1 versus an expectation of 50.0 for…
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…
Live Forex Trading - Are the Majors Ready to Fall? GBPNZD and GBPAUD Are!

Are the Majors Ready to Fall? GBPNZD and GBPAUD Are!

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In today's live trading session, we went over the pairs we discussed last Friday and determined which setups are valid to enter this week. During last Friday's live session, we went over the majors as well as a few minors. EURUSD and GBPUSD…
Live Forex Trading - Weekly Trade Recap + Next Week Market Insight

Weekly Trade Recap + Next Week Market Insight

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In today's live trading session, we went over the trades we took this week, and then we completed technical analysis to determine trades for next week. This was the slowest week RP Forex has encountered in his fourteen-month tenure with Forex…
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…
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.…
Live Forex Trading - Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight

Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight

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In today's live trading session, we did a recap of the trades that were taken this week along with analysis for trades to take next week. We have continued our high accuracy trading this week as out of the seven trades called, only one resulted…