In today’s live trading session, we went over the trades we took this week that led to a potential gain of up to +370 pips. We then completed technical and fundamental analysis for various pairs to determine what kind of setups could be taken next week. As Monday was memorial day, the trading week technically […]
In today’s live trading session, we discussed the cold war brewing between two superpowers and its potential effects on the Forex market. We then identified two setups for the major currency pairs. In particular, long setups for both NZDUSD and AUDUSD. Tensions have been high between the US and China since the escalation of the […]
In today’s live session, we talked about the status of the four trades that were taken yesterday. We then went over trade setups for GBPJPY and AUDJPY. During yesterday’s session, we went over several trades to take. After some consideration, we settled on EURGBP, EURAUD, USDCAD, and US Oil. EURAUD, USDCAD, and US Oil combined […]
In today’s live trading session, we went over the status of the trades discussed in yesterday’s session. We then looked for new setups to enter, in particular a short for US Oil and a short for XAUUSD (Gold). As expected, the markets were moving at a crawl on Memorial Day. The volatility has picked up […]
In today’s live trading session, we tried to get a bias for the majors as this week is set to be a big one for the US Dollar. As today is memorial day, many of the financial markets are practically asleep. Last week the US Dollar ended on a strong note as it practically reached […]
In today’s live trading session, we went over how we won all of our trades this week and then, discussed trade setups to take next week. An important topic discussed this week in the Forex Trading Room was the art of being adaptive as a trader. Although there were numerous potential setups discussed during our […]
In today’s live trading session, we went over the fundamental releases that occurred earlier in the London session. We then went over the current status of our NZDUSD trade and trades to take before the week comes to a close. German and French Manufacturing PMI data came out better than the forecasts had predicted. This […]
In today’s live trading session, we went over the status of our USDCAD and USDJPY trades from yesterday. We then spent the rest of the session looking for new trades to enter. We found a potential long setup for both US Oil and EURUSD. During yesterday’s live session, we found a long setup for USDCAD […]
In today’s live trading session we went over Jerome Powell’s comments regarding the US Economy as well as trade setups for the week. Early this morning, Jerome Powell indicated that the Federal Reserve will take a “by any means necessary” attitude in regards to fighting off economic slowdown caused by Covid-19. He said the Federal […]
In today’s live trading session, we went over the trades we took this week as well as trade setups to potentially take next week. Although, we didn’t reach out +300 pip per week goal, we had a total of 6 trades, with 5 being winners. Quality over quantity, always. Due to the fundamental nature of […]