In today’s live trading session, we went over our game plan for the upcoming trading week. We did this by first analyzing this week’s fundamental schedule, followed by the completion of technical analysis for the US Dollar and certain currency pairs. The fundamental schedule for this week starts off really slow with virtually zero events […]
In today’s live trading session, we went over the trades we took this week, and then we completed analysis to determine trades for next week. Much of the moves that occurred this week, occurred during the latter part of it as there was no major fundamental news until Friday morning. We started the week off […]
In today’s live trading session, we went over the status of the signals that were called yesterday. We then went over a possible buy scenario for Gold (XAUUSD). During yesterday’s session, we noted the short-term presence of buyers surging back into the US Dollar. In light of this development, we were able to call three […]
In today’s live trading session, we went over the resurgence of the US Dollar and whether there were any setups we could take as a result. We then ended the session with a lesson on trading consolidation. This morning the US Dollar Index (DXY) surged back to the upside as it used 92.10 as support. […]
In today’s live trading session, we went over the current status of the trades we covered yesterday. We then spent the last bit of the session going over setups for some cryptocurrencies. During yesterday’s live session, we speculated that if EURUSD could close above 1.19000, price would be ready for its next leg up. Earlier […]
In today’s live trading session, we did an overview of possible setups that we could take this week. We did this by first analyzing the US Dollar Index (DXY) and then determining where the majors/minors would go. As discussed during last Friday’s live session, we expect the US Dollar Index to break below 93.00 and […]
In today’s live trading session, we went over the trades that we took this week to accumulate around +225 pips. We then prepared for next week by identifying possible trade setups and biases. This week started off fairly slow as the markets awaited this Wednesday’s US CPI data. We got a quick +25 pips from […]
In today’s live trading session, we went over the status of our EURUSD and GBPUSD trades. We then found trades for Gold (XAUUSD), Silver, and GBPJPY. During yesterday’s live session, we identified long setups for both EURUSD and GBPUSD. We waited patiently throughout the day to get entry, but the markets were in the mood […]
In today’s live trading session, we went over the US CPI data release, and then we went over the current status of our trades. This morning the US released it’s Consumer Price Index (CPI) with a result of 0.6% versus a forecast of 0.3%. The CPI measures inflation and typically when the result is greater […]
In today’s live trading session, we went over the current status of the trades we discussed yesterday. We then went over the US Dollar Index (DXY) to determine where the majors are headed. During yesterday’s live session, we found several setups for pairs containing the Canadian Dollar. We had a bullish bias on the Loonie […]