Gold Almost at 1800 + CADJPY Short Ready?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we spoke about Gold's journey to 1800 as well as trade setups for CADJPY and NZDCAD.
Back in December 2019, RP Forex made a bold prediction that Gold would reach at least $1800 by the end of 2020. Fast forward…
Positive USD Manufacturing Data + EURUSD Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed this morning's US manufacturing data and then completed analysis to determine possible trades for the week.
This morning the US economy printed a result of 57.1 versus an expectation of 50.0 for…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took during this short week and then focused on trades to take next week.
Usually, the Non-Farm Payroll week is a busy and volatile week to trade. But, this week was different. We…
Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took during this short week and then focused on trades to take next week.
Usually, the Non-Farm Payroll week is a busy and volatile week to trade. But, this week was different. We…
4.8 Million Jobs Added in June + GBPUSD Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the all-important Non-Farm Payroll (NFP) release and what that may entail for the Forex market. We then spent some time finding trade setups and arrived at the possibility of shorting both GBPUSD…
US Dollar Bullish for Independence Week?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the important events in the week ahead of us as well as viable trade setups to take.
Not only do we have NFP this week, but we also have Canada Day and Independence Day (Fourth of July). Since…
Weekly Profit Recap + 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 and then completed analysis to determine setups for next week.
Similar to last week, this week we had identified numerous potential setups to enter. Despite more volume…
EURUSD and EURAUD Profits + CADJPY Ready to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from our EURUSD and EURAUD trades. We then spent the rest of the session looking at our next batch of trades that are almost ready to enter.
Earlier during the London session,…
EURUSD Short Profits, GBPUSD and NZDUSD Next?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from our EURUSD trade, and then we discussed the possibility of shorting the other majors.
Since last week, we have had a bearish bias for many of the majors, including EURUSD.…
Live Forex Trading - Euro PMI Bolsters Euro Strength, But For How Long?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the Euro PMI manufacturing data release and the implications it can have on our pending trade setups.
During the London session, the European Union printed a bullish result across the board for…