Trade Signals for EURUSD and GBPUSD + DXY to 94?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US Dollar Index and as a result, have found trade setups for EURUSD and GBPUSD.
This morning the US Dollar Index surged to the upside, with the index being up 0.76% for the day. Based on technical…
85% Win Rate for Past Month + Two Solid Setups 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 we then completed analysis to prepare for next week.
This week was fairly quiet in the Forex Trading Room as the markets weren't providing us entries into our pending…
US Dollar Index Touches 93.60 But Bearish Bias Still Remains
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the FOMC rate decision and what that may entail for the US Dollar. We then found trade setups for EURUSD and USDJPY.
Yesterday the FOMC decided to keep interest rates unchanged. We predicted this…
FOMC Prediction and Trade Setups to Take Advantage
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the possible outcomes for today's FOMC press conference in relation to the US Dollar Index. We then discussed trade setups for GBPUSD and GBPJPY.
This afternoon at 2:00 PM EST the FOMC is unveiling…
US Dollar Mixed Bias + EURNZD Possible Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the US Dollar Index before tomorrow's FOMC rate decision.
At the moment the US Dollar Index is having a tug-of-war at the 93.00 psychological level. We will continuously…
FOMC Rate Prediction and Trade Signals
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the forecasts for this week's FOMC rate statement. We then found possible scenarios for the US Dollar Index and consequently its effect on the major currency pairs.
This week the Federal Open…
ECB Trading Week Profits + 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. We then completed technical analysis to determine viable trade setups for next week.
This week was another great week for us in the Forex Trading Room. We took four…
ECB Keeps Interest Rate Unchanged + Setups for the Euro
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the ECB rate statement and what it may entail for our current and pending setups. We then found a swing short for GBPUSD.
The European Central Bank (ECB) has decided to keep interest rates unchanged…
EURUSD Long Setup + GBPUSD Intraday Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today’s live trading session, we went over the current status of our trades. We then identified a long setup for EURUSD and a short for EURGBP.
During yesterday’s live session, we determined a bearish bias for the US Dollar Index (DXY).…
Work vs Luck
Forex MotivationVisualizing success is very important, the best way to do so is by being realistic and setting the right expectations for yourself. Don't get lucky, do the work.