Posts

FOMC Prediction and Trade Setups to Take Advantage

FOMC Prediction and Trade Setups to Take Advantage

, ,
In today's live trading session, we went over the possible outcomes for today's FOMC press conference in relation to the US Dollar Index. We then discussed trade setups for GBPUSD and GBPJPY. This afternoon at 2:00 PM EST the FOMC is unveiling…
US Dollar Mixed Bias + EURNZD Possible Long

US Dollar Mixed Bias + EURNZD Possible Long

, ,
In today's live trading session, we went over the current status of the US Dollar Index before tomorrow's FOMC rate decision. At the moment the US Dollar Index is having a tug-of-war at the 93.00 psychological level. We will continuously…
FOMC Rate Prediction and Trade Signals

FOMC Rate Prediction and Trade Signals

, ,
In today's live trading session, we went over the forecasts for this week's FOMC rate statement. We then found possible scenarios for the US Dollar Index and consequently its effect on the major currency pairs. This week the Federal Open…
ECB Keeps Interest Rate Unchanged + Setups for the Euro

ECB Keeps Interest Rate Unchanged + Setups for the Euro

, ,
In today's live trading session, we went over the ECB rate statement and what it may entail for our current and pending setups. We then found a swing short for GBPUSD. The European Central Bank (ECB) has decided to keep interest rates unchanged…
EURUSD Long Setup + GBPUSD Intraday Profits

EURUSD Long Setup + GBPUSD Intraday Profits

, ,
In today’s live trading session, we went over the current status of our trades. We then identified a long setup for EURUSD and a short for EURGBP. During yesterday’s live session, we determined a bearish bias for the US Dollar Index (DXY).…
Forex ECB Predictions + DXY at Reversal Point

Forex ECB Predictions + DXY at Reversal Point

, ,
In today's live trading session, we went over our predictions for the European Central Bank (ECB) rate statement. We then found trade setups for USDCHF and USDJPY. This week is the ECB rate statement which represents the interest rate decision…
EURNZD Profits + USD Dollar Unfazed From Poor ADP Numbers

EURNZD Profits + USD Dollar Unfazed From Poor ADP Numbers

, ,
In today's live trading session, we went over the current status of our trades, and then we discussed today's ADP employment numbers. During yesterday's live session, we looked at several pairs containing the New Zealand Dollar. We determined…
NFP Predictions and Forex Trade Setups! (US Dollar Melts?)

NFP Predictions and Forex Trade Setups! (US Dollar Melts?)

, ,
In today's live trading session, we went over our predictions for this week's Non-Farm Payroll release. More importantly, we focused on the fate of the US Dollar and consequently the major currency pairs. As discussed last Friday, we have…
USD Awaits Jackson Hole Symposium + USDJPY Short

USD Awaits Jackson Hole Symposium + USDJPY Short

, ,
In today's live trading session, we went over our predictions for the Jackson Hole Symposium. We then found a sell setup for USDJPY. Tomorrow is the Jackson Hole Symposium which is an annual event sponsored by the Federal Reserve where members…
Forex Trading Room - Fundamentals Indicate Slow + DXY Retrace to 93.90

Fundamentals Indicate Slow Week + DXY Retrace to 93.90

, ,
In today's live trading session, we went over our game plan for the upcoming trading week. We did this by first analyzing this week's fundamental schedule, followed by the completion of technical analysis for the US Dollar and certain currency…