Posts

DXY and NZDCAD Head and Shoulders Pattern

DXY and NZDCAD Head and Shoulders Pattern

, ,
In today's live trading session, we went over the current status of our pending trade setups, and then we discussed a possible head and shoulders for NZDCAD. The US Dollar Index (DXY) has yet to move from support at 93.40. The Dollar is stuck…
Trading Consolidation + NFP DXY Analysis

Trading Consolidation + NFP DXY Analysis

, ,
In today's live trading session, we went over the consolidation in the markets and how to trade it. We then went over our brief prediction for tomorrow's NFP release. This morning we went over several examples of consolidation and indecision…
Positive ADP Job Numbers But DXY Bias Still Mixed

Positive ADP Job Numbers But DXY Bias Still Mixed

, ,
In today's live trading session, we went over this morning's ADP employment numbers and the current situation with the US Dollar Index. This morning the US economy released its ADP employment numbers. These numbers represent all the jobs…
+454 Pips on 85% Accuracy Since August Using Price Action

+454 Pips on 85% Accuracy Since August Using Price Action

, ,
In today's live trading session, we went over the trades we took this week, and then we completed technical analysis to prepare for next week. We had another great trading week as we were able to enter three solid trade setups that were all…
EURUSD Profits + USDCHF Trade Setup

EURUSD Profits + USDCHF Trade Setup

, ,
In today's live trading session, we went over the profits made by our EURUSD trade. We then identified a possible entry for our USDCHF trade. During yesterday's session, we finally received price action confirmation to enter short for EURUSD.…
US Dollar Index Pushing to 95 + GBPUSD Short Trade

US Dollar Index Pushing to 95 + GBPUSD Short Trade

, ,
In today's live trading session, we went over the status of our pending trades. We then went over our predictions for tomorrow's Euro PMI release. In yesterday's live session, we discussed possible trade setups for EURUSD and GBPUSD. We wanted…
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 Trading Week Profits + Trades for Next Week

ECB Trading Week Profits + Trades for Next Week

, ,
In today's live trading session, we went over the trades we took this week. We then completed technical analysis to determine viable trade setups for next week. This week was another great week for us in the Forex Trading Room. We took four…
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…