In today’s live trading session, we went over a possible long setup for Silver, and then we discussed the importance of trader psychology. This morning the US Dollar Index (DXY) continued its selloff by reaching the 93.00 psychological level. At the moment, the price is resting at this level, but we are predicting that it […]
In today’s live session, we went over the status of our EURAUD trade, and then we found a trade idea for GBPAUD. During yesterday’s live session, we discussed a potential long setup for EURAUD. This was based on the 4hr candle at the time pushing above last week’s high. We let our members know that […]
In today’s live trading session, we determined our bias for the US Dollar Index (DXY) and then we found a trade idea for EURAUD. This morning the US Dollar Index showed a great deal of movement as price dropped 0.42% to the downside. This type of movement is rare for a Monday morning, but the […]
In today’s live trading session, we went over the trades we took this week, and then we completed analysis to find trades to take next week. This week we took two trades, one was a short for AUDJPY and the other was a short for EURAUD. Our short for AUDJPY was based on simple price […]
In today’s live trading session, we went over our profits made from our AUDJPY trade, and then we discussed a possible trade idea for EURAUD. During yesterday’s live session, we broke down why we thought AUDJPY was set to head lower. It was mainly based on what price action was telling us, along with forecasts […]
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 the US Dollar Index (DXY) and the major currency pairs to illustrate this phenomenon. Yesterday’s price […]
In today’s live trading session, we went over possible trade setups for NZDCAD and AUDJPY. We then discussed the fakeouts that are occurring in the major currency pairs. This morning the DXY surged 0.50% to the upside without any clear indication or reason for the move. This deliberate move may have been manipulation done in […]
In today’s live trading session, we went over the trades we took this week, and then we went over trade ideas for EURUSD, GBPUSD, and CADJPY that we could take next week. Much of this week was spent on deciding where the DXY was headed, to not much of our surprise, it really wasn’t going […]
In today’s live trading session, we went over the status of our current and pending trade setups. We then went over trade setups for NZDCAD and CADJPY. In yesterday’s session, we covered the lack of movement in the DXY, and that we were shifting our focus on to trading the minor currency pairs. But, we […]
In today’s live trading session, we went over the status of our pending trades, and then we identified trades for EURNZD and CADJPY. To not much of our surprise, the US Dollar Index (DXY) has yet to move from 93.30. The consolidation has trickled down to EURUSD, GBPUSD, and some of the majors who have […]