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 London session, we were able to catch 30 or so pips on GBPJPY before being stopped out at entry. It’s NFP week and we will take what we can get.
Backing our session yesterday, EURUSD has done the break-retest-rejection off 1.10300 and has moved up 50 pips since then. The pair has found itself within the consolidation region from 1.1.1100 to 1.10700. Since the ADP release, EURUSD has feel below the consolidation region, and now our focus shifts to looking for short opportunities.
We also spoke about GBPUSD yesterday, where I presented a intraday long opportunity from 1.22000. Our bread & butter break-retest-rejection occurred and then allowed for a +130 pip move to the upside. We are now making an attempt to push to 1.23730 where we will seek for shorts or longs if we get that break.
Despite the slow week, our signals + live session setups has brought in over +562 pips and +352 (excluding Gold). These live sessions are critical for those that are seeking to earn the most amount of pips while learning how to trade. More often than not, half our pips are made during the setups given in the live session as entries occur at times of the day.
Tomorrow is NFP, so be safe and do not take any unnecessary risks. I will see you all tomorrow at 11:00 AM EST for our FREE live session.
Watch Today’s Live Session by Clicking Here.