EURUSD and GBPUSD Long Setups + DXY to 93
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 trade setups for EURUSD and GBPUSD.
This morning we saw the DXY slip 0.38% to the downside and then hit the key level of 93.40. At this…
Fed Confidence - Slow and steady, wins the race
Forex MotivationFed is prepared to use the tools that it has to foster achievement of its goals. - Jerome Powell
Expected to keep policy interest rates near zero until inflation rises to 2%, and economy reaches maximum employment.
Lets see what happens…
Trading Like a Sniper + Trades For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how our trading week went and then we prepared for next week.
This week taught our members a very important lesson. The lesson is that you need to be a sniper in the markets, not a machine gun.…
Trading Consolidation + NFP DXY Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the consolidation in the markets and how to trade it. We then went over our brief prediction for tomorrow's NFP release.
This morning we went over several examples of consolidation and indecision…
Positive ADP Job Numbers But DXY Bias Still Mixed
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over this morning's ADP employment numbers and the current situation with the US Dollar Index.
This morning the US economy released its ADP employment numbers. These numbers represent all the jobs…
NFP Week Predictions and Trade Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our predictions for the NFP release and consequently, trade setups for the week.
A new month is approaching and that means another NFP week. The current forecasts speculate the unemployment rate…
+454 Pips on 85% Accuracy Since August Using Price Action
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 technical analysis to prepare for next week.
We had another great trading week as we were able to enter three solid trade setups that were all…
EURUSD Profits + USDCHF Trade Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made by our EURUSD trade. We then identified a possible entry for our USDCHF trade.
During yesterday's session, we finally received price action confirmation to enter short for EURUSD.…
GBPUSD Profits + USDCHF and EURUSD Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made by our GBPUSD trade. We then talked about trade setups for USDCHF and EURUSD.
Shortly after yesterday's market close, we were able to get entry into our GBPUSD short setup. This…
US Dollar Index Pushing to 95 + GBPUSD Short Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our pending trades. We then went over our predictions for tomorrow's Euro PMI release.
In yesterday's live session, we discussed possible trade setups for EURUSD and GBPUSD. We wanted…