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. We based this conclusion after the price cleared the high made back in […]
In today’s live trading session, we went over the bearish US Dollar Index (DXY) and then gave an update on our EURUSD long trade. As expected, the DXY has continued its bearish momentum as price action continues to respect the current downtrend. We are moments away from our short-term target of 91. This morning’s ADP […]
In today’s live trading session, we went over our NZDCAD trade idea, and then we discovered a possible long for EURUSD. Our NZDCAD swing long has hit its first take profit. We will secure 30% of profits here, and leave the remaining position open for our other targets. We will continue our bullish bias for […]
In today’s live trading session, we went over our pending Gold trade and where the US Dollar Index (DXY) is headed. Last week, Gold made its move down to 1790. Gold is under pressure with several successful vaccine trials. This morning Moderna released that it had a 100% effective vaccine against Covid-19. Over the weekend, […]
In today’s live trading session, we went over the trades we took this week and the AUDNZD swing trade we have planned for next week. This week we focused on EURUSD, AUDUSD, NZDCAD, EURNZD, and CADJPY. We were able to enter EURNZD, NZDCAD, and CADJPY. EURNZD has hit its first target and we are looking […]
In today’s live trading session, we went over the current status of our EURNZD trade. We then discussed a possible short for CADJPY. During yesterday’s live session, we broke down our swing trade for EURNZD. This idea is based on the weekly time frame and price action that was seen yesterday warranted an entry. We […]
In today’s live trading session, we entered our EURNZD trade idea, and how NZDCAD is almost ready to go as well. For a few weeks, we have been eyeing a potential short for EURNZD. After waiting and being patient, we have finally gotten entry into the trade. We believe this pair will continue to fall […]
In today’s live trading session, we went over our current Gold trade and the current status of the US Dollar Index (DXY). For months we waited for Gold to breach 1845 on the daily timeframe, and finally, it occurred yesterday. We wanted to see if yesterday’s daily closure before we entered. The candle closed as […]
In today’s live trading session, we went over our swing trade for Gold and how the DXY has reacted to the vaccines for Covid-19. This morning the US Dollar Index (DXY) surged right at the open of the New York session. The index made its way back to the highs of 92.705. We are waiting […]
In today’s live trading session, we went over how our trading week went, and then we found a trade idea for EURNZD. This week was fairly slow for us but we were still able to make some profit. Our first trade was a short for USDJPY. This trade hit our first take profit, but then […]