US Election Day - How will the Forex Market React?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how the Forex market may react during today's US Election.
Voters that haven't voted yet are out and are getting their ballots in. The first round of results won't be known until around 7:00 PM…
Forex US Election Prediction and Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we gave our insight into how tomorrow's US Election will affect the Forex market.
Although national polls show Joe Biden as the favorite to win the election, many speculators are giving Donald Trump a punchers…
Forex US Dollar Election Prediction and Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the various scenarios pertaining to the US Election and the US Dollar Index (DXY).
The US Election is four days away and the world as well as the financial markets are anxious to see who wins.…
3 Strike Rule + DXY Rockets to 94.20
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we discussed the '3 strike rule', and then we discussed our outlook for the US Dollar Index (DXY).
The 3 strike rule does not only apply to baseball, but it applies to trading as well. We believe that once three trades…
USD Preferred Safe Haven + CADJPY Swing Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the US Dollar, and then we discussed a possible swing trade for CADJPY.
We started the week with a bullish bias for the US Dollar. The Dollar had its struggles with resistance…
USDCAD Profits + Pound Pairs are Priming
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our USDCAD trade from yesterday, and then we went over the lack of movement in the Pound pairs.
During yesterday's live session, we discussed the two possible scenarios for the US Dollar Index.…
GBPUSD and GBPAUD Trade Ideas
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we determined our bias for the US Dollar Index (DXY), and then we discussed trade ideas for GBPUSD and GBPAUD.
The DXY is still within the descending channel that it had formed back in September. Currently,…
AUDJPY and USDCHF Possible Swing Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we briefly went over the US Dollar Index, and then we found swing trades for AUDJPY and USDCHF.
This morning we noticed that the US Dollar Index was desperately trying to rally off support at 92.55. On the…
Silver Long Developing and Trader Psychology
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over a possible long setup for Silver, and then we discussed the importance of trader psychology.
This morning the US Dollar Index (DXY) continued its selloff by reaching the 93.00 psychological level.…
EURAUD in Profit + GBPAUD Trade Idea
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we went over the status of our EURAUD trade, and then we found a trade idea for GBPAUD.
During yesterday's live session, we discussed a potential long setup for EURAUD. This was based on the 4hr candle at the time…