Non Farm Payroll (NFP) Tomorrow, Can EURUSD Fall Because of ADP, GBPUSD Up +130 pips

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Welcome Traders to another live session. This week has dwindled down and is almost over. We had the ADP release earlier in the morning, the numbers were better than expected and thus, USD strength was observed across most pairs. Last night during…

GBPUSD Awaiting Shorts, EURUSD is Neutral, Don't Get Attached To Trades

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Welcome to the another live session Traders. EURUSD has rallied as did many pairs against the dollar and has now tapped 1.10300. The long term bias for the Euro is short as it is contained with a descending channel. If we want to get in on the…

EURUSD Shorts Stalled, GBP Still Weak, Gold Seeking New Highs

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Like all good things, our long weekend has come to an end. Happy Tuesday Traders! I'm RP Forex back with another live session. In today's live session we discuss our beautiful GBPJPY short that was analyzed during yesterday's live session. This…

EURUSD Forecast 1.08600, Gold To 1600? + Weekly Recap

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Welcome to our FREE live session. We will recap how our trades went this week and why they were taken. We took around 7 trades, with our only loss being USDCHF which was stopped out by a unscheduled news release. We made around 240-250 pips…

U.S. China Trade War Update, EURUSD Forecast, XAUUSD Dropping from 1550 + More

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Welcome back Traders to another live session. Last night during the London session, China dropped a bombshell by saying that they would like to work out a deal with the US in their ongoing trade war. This caused USD strength and CHF & JPY…

Pound GBP Still Weak, CHF Swiss Franc is Safe Haven as Trade War Continues

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Welcome back traders to another live session. Last night GBPCAD brought in an additional +100 pips of profit. We finally have EURUSD on the way to 1.10700. Yesterday, we took GBPUSD longs, but because of the price action I decided to exit…

US Dollar Index - Technical and Fundamental Analysis Update

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It’s been a while since we last took a look at the US Dollar Index (DXY), so I thought it was time we analyzed the USDX technically and fundamentally. As I’ve stated countless times on my blog posts, there are two sides to every Forex trade.…

Why You'll Never Make Money In Forex

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In this article, we have outlined 3 reasons why you will NEVER make money in Forex.  You've probably heard the saying that goes, "90% of traders lose 90% of their capital in the first 90 days."   Well sadly, it's true. However... If you…

How to use Forex Signals as a Tool?

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Even though I preach every trader to strive to become an independent trader, it’s a much easier thing to say than do. Everyone needs to start somewhere, right? Some start their Forex career blowing multiple accounts, entering a mentorship…

Top 3 Most Important Aspects of Technical Analysis

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In today’s blog post I will be going over (briefly) the top 3 most important aspects of technical analysis. The topics covered today need to be mastered before you make an attempt to learn more advanced TA, or place a trade on a live account.…