Posts

Forex US Election Prediction and Analysis

Forex US Election Prediction and Analysis

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In today's live trading session, we gave our insight into how tomorrow's US Election will affect the Forex market. Although national polls show Joe Biden as the favorite to win the election, many speculators are giving Donald Trump a punchers…
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 Fakeouts Confirmed + AUDJPY Sell Signal

USD Fakeouts Confirmed + AUDJPY Sell Signal

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In today's live trading session, we went over the fakeouts in the major currency pairs, and then we discussed a possible sell setup for AUDJPY. During yesterday's live session, we covered the important topic of identifying fakeouts. We used…
EURUSD and GBPUSD Long Setups + DXY to 93

EURUSD and GBPUSD Long Setups + DXY to 93

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In today's live trading session, we determined our bias for the US Dollar Index (DXY), and then we found trade setups for EURUSD and GBPUSD. This morning we saw the DXY slip 0.38% to the downside and then hit the key level of 93.40. At this…
Positive ADP Job Numbers But DXY Bias Still Mixed

Positive ADP Job Numbers But DXY Bias Still Mixed

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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…
GBPUSD Profits + USDCHF and EURUSD Trades

GBPUSD Profits + USDCHF and EURUSD Trades

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In today's live trading session, we went over the profits made by our GBPUSD trade. We then talked about trade setups for USDCHF and EURUSD. Shortly after yesterday's market close, we were able to get entry into our GBPUSD short setup. This…
US Dollar Mixed Bias + EURNZD Possible Long

US Dollar Mixed Bias + EURNZD Possible Long

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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…
ECB Trading Week Profits + Trades for Next Week

ECB Trading Week Profits + Trades for Next Week

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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…
Forex ECB Predictions + DXY at Reversal Point

Forex ECB Predictions + DXY at Reversal Point

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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…
Trade Setups for NFP, US Dollar Looking to Hit 94.00

Trade Setups for NFP, US Dollar Looking to Hit 94.00

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In today's live trading session, we went over the possible setups we can take before tomorrow's Non-Farm Payroll release. We then did a lesson on how to determine directional bias. This morning the US Dollar continued its dominance as the…