Posts

Forex Trading Room - Gold Pushes to 1981 + USDJPY Ready to Short?

Gold Pushes to 1981 + USDJPY Ready to Short?

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In today's live trading session, we went over the current status of our EURUSD trade and what we expect next for the US Dollar Index (DXY). During yesterday's live session, we went over EURUSD and determined the pair still had a sizable amount…
Live Forex Trading - Gold Reaches Historic High + EURUSD Long

Gold Reaches New Highs + EURUSD Long

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In today's live trading session, we went over the continuing US Dollar weakness and setups we can trade to take advantage of the depreciating currency. The US Dollar Index continues to tumble as buyers pile on with their longs for the majors.…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In today's live trading session, we went over how the week played out and then completed analysis for trades to take next week. Similar to last week, this week consisted of five trades. Our first two trades were a long for EURUSD and a short…
Live Forex Trading - Weekly Profit Recap + Next Week's Market Insight

Weekly Profit Recap + Next Week's Market Insight

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In today's live trading session, we went over the trades that were taken as well as the ones that weren't, and then we determined setups for next week. Similar to the past few weeks, the market conditions have been ranging and choppy. We…
Live Forex Trading - Canadian Monetary Policy Boosts CAD

Canadian Monetary Policy Boosts CAD

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In today's live trading session, we went over the Canadian monetary policy statement and its consequent effects on the Forex market. We then spent the rest of the session looking for trades to take to finish the week off. This morning the…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In today's live trading session, we did a recap of how our week went, and then we completed price action analysis to determine trades for next week. The current market choppiness appears to be here to stay. For this reason, we reduced the…
Live Forex Trading - US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

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In today's live trading session, we went over the results of the US unemployment claims and then completed analysis for the Dollar Index to determine the direction of the majors. This morning the US economy printed a result of 1.314 million…
Live Forex Trading - 4.8 Million Jobs Added in June + GBPUSD Short

4.8 Million Jobs Added in June + GBPUSD Shorts

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In today's live trading session, we went over the all-important Non-Farm Payroll (NFP) release and what that may entail for the Forex market. We then spent some time finding trade setups and arrived at the possibility of shorting both GBPUSD…
Live Forex Trading - EURAUD Profits + CADJPY Ready to Short?

EURUSD and EURAUD Profits + CADJPY Ready to Short?

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In today's live trading session, we went over the profits made from our EURUSD and EURAUD trades. We then spent the rest of the session looking at our next batch of trades that are almost ready to enter. Earlier during the London session,…
Live Forex Trading - EURUSD Short Profits, GBPUSD and NZDUSD Next?

EURUSD Short Profits, GBPUSD and NZDUSD Next?

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In today's live trading session, we went over the profits made from our EURUSD trade, and then we discussed the possibility of shorting the other majors. Since last week, we have had a bearish bias for many of the majors, including EURUSD.…