Posts

USDCHF and USDCAD Shorts Ready as Dollar Drops

USDCHF and USDCAD Shorts Ready as Dollar Drops

, ,
As we get into the midst of the trading week, the Dollar has chosen its path and so have many of the majors. A weaker Dollar should lead other currencies such as the Swiss Franc and Canadian Loonie to edge higher. The US Dollar Index has…
CADJPY Long and NZDCAD Short Trade Signals

CADJPY Long and NZDCAD Short Trade Signals

, ,
In today's live trading session, we went over the status of our current and pending trade setups. We then went over trade setups for NZDCAD and CADJPY. In yesterday's session, we covered the lack of movement in the DXY, and that we were shifting…
EURUSD and GBPUSD Long Setups + DXY to 93

EURUSD and GBPUSD Long Setups + DXY to 93

, ,
In 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…
85% Win Rate for Past Month + Two Solid Setups for Next Week

85% Win Rate for Past Month + Two Solid Setups for Next Week

, ,
In 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

US Dollar Index Touches 93.60 But Bearish Bias Still Remains

, ,
In 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…
NFP Trading Results (140 Pips) + 2 Promising Setups!

NFP Trading Results (140 Pips) + 2 Promising Setups!

, ,
In today's live trading session, we went over the trades we took this week to achieve +140 pips. We then determined two key setups to trade next week. As previously mentioned, Non-Farm Payroll week could go in two directions, full of life…
Forex Trading Room - DXY Fights Back + Trading Consolidation!

DXY Fights Back + Trading Consolidation!

, ,
In today's live trading session, we went over the resurgence of the US Dollar and whether there were any setups we could take as a result. We then ended the session with a lesson on trading consolidation. This morning the US Dollar Index…
Forex Trading Room - Euro to 1.20500 + LINK and ETH Setups

Euro to 1.20500 + LINK and ETH Setups

, ,
In today's live trading session, we went over the current status of the trades we covered yesterday. We then spent the last bit of the session going over setups for some cryptocurrencies. During yesterday's live session, we speculated that…
DXY Next Leg Down + USDJPY & USDCAD Short

DXY Next Leg Down + USDJPY & USDCAD Short

, ,
In today's live trading session, we did an overview of possible setups that we could take this week. We did this by first analyzing the US Dollar Index (DXY) and then determining where the majors/minors would go. As discussed during last…
EURCAD, AUDCAD and CADCHF Trade Setups

EURCAD, AUDCAD and CADCHF Trade Setups

, ,
In today's live trading session, we went over the current status of the trades we discussed yesterday. We then went over the US Dollar Index (DXY) to determine where the majors are headed. During yesterday's live session, we found several…