Majors Gain On Memorial Day + US Oil Time to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Majors Set to Go Lower This Week + US Oil to $40?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Weekly Profit Recap (+150 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Mixed US Data, Which Way Will the Majors Go?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
USDJPY & USDCAD Intraday Trades + Euro Longs Back on Table?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Jerome "By Any Means" Powell + Forex Markets React to the End of Covid-19?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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"…
Weekly Profit Recap (+140 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
US Unemployment Claims Surprise Again + EURJPY and CHFJPY Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from the trades taken yesterday, the US Unemployment Claim numbers and setups to take before tomorrow's market close.
During yesterday's session, we determined a bearish bias…
AUDJPY and EURCAD Profits + GBPAUD Ready to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took yesterday and then completed technical analysis for several pairs. In particular, we found setups for GBPUSD, GBPJPY and GBPAUD.
During yesterday's session, we discussed a possible…
US Inflation Down, EURJPY Trade Setup and GBPAUD Pullback
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades discussed in yesterday's session, the US Inflation report and what trades to take next.
During yesterday's session, we looked at several setups to trade for this week. NZDUSD and GBPAUD…