Posts

USDCHF Profits + NZDCHF Trade Next?

USDCHF Profits + NZDCHF Trade Next?

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In today's live trading session, we went over the current status of our USDCHF trade idea. We then gave an update on our pending NZDCHF trade idea. During yesterday's session, much of our focus was on EURNZD and AUDNZD. Our entry criteria…
US Election Day - How will the Forex Market React?

US Election Day - How will the Forex Market React?

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In today's live trading session, we went over how the Forex market may react during today's US Election. Voters that haven't voted yet are out and are getting their ballots in. The first round of results won't be known until around 7:00 PM…
Forex US Dollar Election Prediction and Analysis

Forex US Dollar Election Prediction and Analysis

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In today's live trading session, we went over the various scenarios pertaining to the US Election and the US Dollar Index (DXY). The US Election is four days away and the world as well as the financial markets are anxious to see who wins.…
3 Strike Rule + DXY Rockets to 94.20

3 Strike Rule + DXY Rockets to 94.20

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In today's live session, we discussed the '3 strike rule', and then we discussed our outlook for the US Dollar Index (DXY). The 3 strike rule does not only apply to baseball, but it applies to trading as well. We believe that once three trades…
USD Preferred Safe Haven + CADJPY Swing Short

USD Preferred Safe Haven + CADJPY Swing Short

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In today's live trading session, we went over the current status of the US Dollar, and then we discussed a possible swing trade for CADJPY. We started the week with a bullish bias for the US Dollar. The Dollar had its struggles with resistance…
GBPUSD and GBPAUD Trade Ideas

GBPUSD and GBPAUD Trade Ideas

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In today's live trading session, we determined our bias for the US Dollar Index (DXY), and then we discussed trade ideas for GBPUSD and GBPAUD. The DXY is still within the descending channel that it had formed back in September. Currently,…
AUDJPY and USDCHF Possible Swing Trades

AUDJPY and USDCHF Possible Swing Trades

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In today's live trading session, we briefly went over the US Dollar Index, and then we found swing trades for AUDJPY and USDCHF. This morning we noticed that the US Dollar Index was desperately trying to rally off support at 92.55. On the…
Silver Long Developing and Trader Psychology

Silver Long Developing and Trader Psychology

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In today's live trading session, we went over a possible long setup for Silver, and then we discussed the importance of trader psychology. This morning the US Dollar Index (DXY) continued its selloff by reaching the 93.00 psychological level.…
EURAUD Long Trade Idea + DXY at Key Level

EURAUD Long Trade Idea + DXY at Key Level

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In today's live trading session, we determined our bias for the US Dollar Index (DXY) and then we found a trade idea for EURAUD. This morning the US Dollar Index showed a great deal of movement as price dropped 0.42% to the downside. This…
Weekly Trade Recap + Trade Ideas for Next Week

Weekly Trade Recap + Trade Ideas for Next Week

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In today's live trading session, we went over the trades we took this week, and then we completed analysis to find trades to take next week. This week we took two trades, one was a short for AUDJPY and the other was a short for EURAUD. Our…