Posts

Live Forex Trading - Euro PMI Bolsters Euro Strength, But For How Long?

Live Forex Trading - Euro PMI Bolsters Euro Strength, But For How Long?

, ,
In today's live trading session, we discussed the Euro PMI manufacturing data release and the implications it can have on our pending trade setups. During the London session, the European Union printed a bullish result across the board for…
Live Forex Trading - Weekly Trade Recap + Next Week Market Insight

Weekly Trade Recap + Next Week Market Insight

, ,
In today's live trading session, we went over the trades we took this week, and then we completed technical analysis to determine trades for next week. This was the slowest week RP Forex has encountered in his fourteen-month tenure with Forex…
Despite 7.1% Unemployment Rate AUDUSD Stays Put

Despite 7.1% Unemployment Rate AUDUSD Stays Put

, ,
In today's live trading session, we went over the Australian unemployment data release and the lack of effect it had on the Aussie. We then went over the current status of our GBPJPY and GBPUSD trades. Last night the Australian government…
Intraday Setups for NZDCAD and AUDCAD

Intraday Setups for NZDCAD and AUDCAD

, ,
In today's live trading session, we went over the current status of our pending setups and determined if an entry is imminent. We then spent the rest of the session discussing potential intraday setups for NZDCAD and AUDCAD. Since the end…
Live Forex Trading - Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight

Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight

, ,
In today's live trading session, we did a recap of the trades that were taken this week along with analysis for trades to take next week. We have continued our high accuracy trading this week as out of the seven trades called, only one resulted…
Markets Await FOMC Economic Projections

Markets Await FOMC Economic Projections

, ,
In today's live trading session, we did a complete overview of the FOMC press conference that is occurring later today at 2:00 PM EST. Most of the financial markets are awaiting this all-important press conference as it will not only include…
NZD Profits + Bearish Outlook for FOMC

NZD Profits + Bearish Outlook for FOMC

, ,
In today's live trading session, we went over the profits made from our trades taken yesterday. We then explained why we have a bearish bias for the major currency pairs in relation to tomorrow's FOMC rate decision. During yesterday's session,…
Live Forex Trading - Trade Setups for FOMC Week + New Zealand Reopens

Trade Setups for FOMC Week + New Zealand Reopens

, ,
In today's live trading session, we did a brief overview of the possible trade setups for the week. We took note that this Wednesday is the  FOMC rate statement and that many of the major currency pairs may consolidate until then. Eyes are…
Weekly Profit Recap (+300 Pips) + Next Week's Market Insight

Weekly Profit Recap (+300 Pips) + Next Week's Market Insight

, ,
In today's live trading session, we did a recap of the trades that we took this week to gain +300 pips. We then discussed the Non-Farm Payroll release and how that may affect trade setups for next week. This week was another great week as…
1.9 Million US Unemployment Claims + GBPNZD Shorts Continue?

1.9 Million US Unemployment Claims + GBPNZD Shorts Continue?

, ,
In today's live trading session, we went over the fundamental news that occurred earlier this morning. We then completed technical analysis to find trades to enter before the week comes to a close. Early this morning, the European Central…