In today’s live trading session, we went over the trades we took shortly before the FOMC press conference. We then discussed trade setups for AUDJPY, NZDJPY, CADJPY, and EURJPY. During yesterday’s live session, we completed technical analysis and found a long setup for GBPUSD and a short for USDCHF. We entered both trades shortly before […]
In today’s live trading session, we did a complete overview of the FOMC press conference that is occurring later today at 2:00 PM EST. Most of the financial markets are awaiting this all-important press conference as it will not only include the interest rate decision, but also the economic projections for the US economy. During […]
In today’s live trading session, we went over the profits made from our trades taken yesterday. We then explained why we have a bearish bias for the major currency pairs in relation to tomorrow’s FOMC rate decision. During yesterday’s session, we determined a promising setup for EURNZD. This trade was a short for EURNZD. The […]
In today’s live trading session, we did a brief overview of the possible trade setups for the week. We took note that this Wednesday is the FOMC rate statement and that many of the major currency pairs may consolidate until then. Eyes are set on the Federal Reserve this Wednesday as they are set to […]
The first step to minimizing risk in forex trading is to understand the factors that drive currency prices. In this article, we’re going to take a look at the recent decline of the USD and what may be causing it. COVID-19 It’s been almost six months into the pandemic and there are bound to be […]
In today’s live trading session, we did a recap of the trades that we took this week to gain +300 pips. We then discussed the Non-Farm Payroll release and how that may affect trade setups for next week. This week was another great week as out of the 7 trades called, 6 were winners. Our […]
In today’s live trading session, we went over the fundamental news that occurred earlier this morning. We then completed technical analysis to find trades to enter before the week comes to a close. Early this morning, the European Central Bank stated that they were going to keep interest rates at 0.00%. This wasn’t much of […]
In today’s live Forex trading session, we went over the present status of our US Oil long trade that was taken yesterday. We then discussed the ADP employment numbers for the US economy and trade setups for the Non-Farm Payroll release this Friday. During yesterday’s live session, we discovered a possible long for US Oil. […]
In today’s live trading session, we went over the status of the trades we took yesterday. We then discussed potential trades to take for tomorrow’s ADP release for the US economy. During yesterday’s live session, we covered a wide range of potential trades to take. Out of the handful of trades we discussed, only two […]
In today’s live trading session, we completed technical and fundamental analysis for the majors as this week is Non-Farm Payroll (NFP) week. As if the US economy wasn’t dealing with enough on its plate with the pandemic and tensions with China, it now has another problem. Racial tensions are rising in the nation as protests […]