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 for GBPJPY. The markets started off the week choppy and […]
In today’s live trading session, we went over our GBPJPY and EURCAD trades that were taken yesterday. We then spoke about last-minute setups for Silver, Gold, and GBPAUD. During yesterday’s live trading session, we identified a long trade for GBPJPY. We entered the trade once we received price action confirmation. The trade initially went into […]
In today’s live trading session, we went over the status of our EURJPY and GBPJPY trades. We then completed technical analysis for some of the minors and found a setup for CHFJPY. During yesterday’s live session, we went over the US Dollar Index and found that the index still had downside potential. We decided to […]
In today’s live trading session, we discussed the meltdown of the US Dollar Index (DXY) and where many pairs and commodities are headed as a result. Since yesterday, the DXY is down 0.64%. The current daily timeframe suggests the US Dollar is headed to 95.00. As a result, we have shifted to a bullish bias […]
In today’s live trading session, we went over the US Dollar Index (DXY) and several other pairs to determine which trades would be taken this week. The DXY is continuing its downtrend as Coronavirus cases continue to grow rapidly in the United States. This morning Congress began to negotiate the next stimulus package, as record […]
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 are seeing a lot less swing type trade setups and more erratic […]
In today’s live trading webinar, we went over the European Central Bank’s (ECB) rate decision and what effect it may have on the Euro. We then identified a few last-minute setups to take before Friday’s market close. Like many other banks in the world, the ECB has decided to keep its interest rates unchanged at […]
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 Bank of Canada revealed that it had no plans of changing its interest […]
In today’s live trading session, we went over the status of our Euro trades, and then we gave our members an update on the US Dollar Index (DXY). In yesterday’s live trading session, we discussed the possibility of taking an intraday short for EURUSD and EURJPY. Shortly after the session, the signal for both trades […]
In today’s live trading session, we determined the bias for many of the major and minor currency pairs. This was achieved by first analyzing the US Dollar Index (DXY) and then looking at the rest of the Forex pairs. After analyzing the US Dollar Index, it was clear that the downtrend for the index was […]