EURAUD Long Trade Idea + DXY at Key Level
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 found a trade idea for EURAUD.
This morning the US Dollar Index showed a great deal of movement as price dropped 0.42% to the downside. This…
Weekly Trade Recap + Trade Ideas for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we completed analysis to find trades to take next week.
This week we took two trades, one was a short for AUDJPY and the other was a short for EURAUD. Our…
AUDJPY Profits (+110 Pips) + EURAUD Trade Idea
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our profits made from our AUDJPY trade, and then we discussed a possible trade idea for EURAUD.
During yesterday's live session, we broke down why we thought AUDJPY was set to head lower. It was…
The Secret of Life
Forex MotivationAs the great Alan Watts once said:
This is the real secret of life - to be completely engaged with what you are doing in the here and now. And instead of calling it work, realize it is play.
USD Fakeouts Confirmed + AUDJPY Sell Signal
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fakeouts in the major currency pairs, and then we discussed a possible sell setup for AUDJPY.
During yesterday's live session, we covered the important topic of identifying fakeouts. We used…
NZDCAD and AUDJPY Trade Ideas + USD Fakeouts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over possible trade setups for NZDCAD and AUDJPY. We then discussed the fakeouts that are occurring in the major currency pairs.
This morning the DXY surged 0.50% to the upside without any clear indication…
EURUSD, GBPUSD and CADJPY Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we went over trade ideas for EURUSD, GBPUSD, and CADJPY that we could take next week.
Much of this week was spent on deciding where the DXY was headed, to…
CADJPY Long and NZDCAD Short Trade Signals
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our current and pending trade setups. We then went over trade setups for NZDCAD and CADJPY.
In yesterday's session, we covered the lack of movement in the DXY, and that we were shifting…
EURNZD Intraday Setup + CADJPY Long Signal
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our pending trades, and then we identified trades for EURNZD and CADJPY.
To not much of our surprise, the US Dollar Index (DXY) has yet to move from 93.30. The consolidation has…
DXY and NZDCAD Head and Shoulders Pattern
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our pending trade setups, and then we discussed a possible head and shoulders for NZDCAD.
The US Dollar Index (DXY) has yet to move from support at 93.40. The Dollar is stuck…