Posts

+350 Pip Week + USDJPY Swing Trade

+350 Pip Week + USDJPY Swing Trade

, ,
Another eventful and profitable week is in the books for traders. Due to the Dollar's ability to trend this week, many traders were able to rake in serious profits from both the majors and minors. Last Friday's price action on the daily time…
NZDJPY Almost at TP3 + EURUSD Breakout Pending

NZDJPY Almost at TP3 + EURUSD Breakout Pending

, ,
After spending much of the at 90.200, the US Dollar Index has pushed up to the upside, but the rally was short-lived. Price has since then created a new lower high and should head lower. While the DXY battles immense selling pressure, GBPUSD…
GBPUSD and NZDJPY Swing Longs Active For Next Week!

GBPUSD and NZDJPY Swing Longs Active For Next Week!

, ,
As expected, the US Dollar Index took a tumble and went as low as 90.170 for the day. Price action analysis forecasts further Dollar weakness for next week. As a result of the weakening Dollar, the Pound has started to resume its previous…
GBPUSD and NZDJPY Long Before FOMC

GBPUSD and NZDJPY Long Before FOMC

, ,
The trend is usually your friend, especially on the higher timeframes. Despite the recent rallies, the US Dollar Index is conforming to the long-term downtrend and is headed lower. With the Dollar down -0.26% for the day, many majors are…
NZDJPY Longs + BTC Has Hit 40,000!

NZDJPY Longs + BTC Has Hit 40,000!

, ,
This morning the US Dollar Index (DXY) has created a new high for the year near 90.00. Some of this can be attributed to the chaos that occurred at the Capitol. Also, Donald Trump has conceded the 2020 election this morning which may also have…
EURUSD Swing in Profit + AUDUSD Ready to Enter

EURUSD Swing in Profit + AUDUSD Ready to Enter

, ,
In today's live trading session, we went over the status of our EURUSD swing trade, and then we discussed our pending AUDUSD trade idea. During yesterday's live session, we describe why we believe EURUSD will rally to new highs for the year.…
EURJPY and NZDJPY Short Ideas

EURJPY and NZDJPY Short Ideas

, ,
In today's live trading session, we went over possible trade ideas for EURJPY and NZDJPY. This morning we noticed the US Dollar Index (DXY) continuing its path to 92.50. Despite this, many of the major currency pairs are staying put. We were…
AUDUSD and NZDJPY Long Trade Ideas!

AUDUSD and NZDJPY Long Trade Ideas!

, ,
In today's live trading session, we went over possible trade ideas for AUDUSD and NZDJPY. This morning the US Dollar Index continued its selloff to 92.50. This move may be attributed to Moderna announcing their vaccine being 94.5% effective…
NFP Trading Results (140 Pips) + 2 Promising Setups!

NFP Trading Results (140 Pips) + 2 Promising Setups!

, ,
In today's live trading session, we went over the trades we took this week to achieve +140 pips. We then determined two key setups to trade next week. As previously mentioned, Non-Farm Payroll week could go in two directions, full of life…
Trade Setups for NFP, US Dollar Looking to Hit 94.00

Trade Setups for NFP, US Dollar Looking to Hit 94.00

, ,
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…