Posts

DXY and NZDCAD Head and Shoulders Pattern

DXY and NZDCAD Head and Shoulders Pattern

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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…
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…
Trading Like a Sniper + Trades For Next Week

Trading Like a Sniper + Trades For Next Week

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In today's live trading session, we went over how our trading week went and then we prepared for next week. This week taught our members a very important lesson. The lesson is that you need to be a sniper in the markets, not a machine gun.…
Trading Consolidation + NFP DXY Analysis

Trading Consolidation + NFP DXY Analysis

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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

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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…
NFP Week Predictions and Trade Setups

NFP Week Predictions and Trade Setups

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In today's live trading session, we went over our predictions for the NFP release and consequently, trade setups for the week. A new month is approaching and that means another NFP week. The current forecasts speculate the unemployment rate…
+454 Pips on 85% Accuracy Since August Using Price Action

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

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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…
Trade Signals for EURUSD and GBPUSD + DXY to 94?

Trade Signals for EURUSD and GBPUSD + DXY to 94?

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In today's live trading session, we went over the US Dollar Index and as a result, have found trade setups for EURUSD and GBPUSD. This morning the US Dollar Index surged to the upside, with the index being up 0.76% for the day. Based on technical…
85% Win Rate for Past Month + Two Solid Setups for Next Week

85% Win Rate for Past Month + Two Solid Setups for Next Week

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In today's live trading session, we went over how our trading week went and we then completed analysis to prepare for next week. This week was fairly quiet in the Forex Trading Room as the markets weren't providing us entries into our pending…
FOMC Prediction and Trade Setups to Take Advantage

FOMC Prediction and Trade Setups to Take Advantage

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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…