Posts
Weekly Trade Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Weekly Profit Recap (+371 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week that led to a potential gain of up to +370 pips. We then completed technical and fundamental analysis for various pairs to determine what kind of setups could be taken…
US Oil and EURAUD Profits + Pending GBPJPY Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we talked about the status of the four trades that were taken yesterday. We then went over trade setups for GBPJPY and AUDJPY.
During yesterday's session, we went over several trades to take. After some consideration,…
Mixed US Data, Which Way Will the Majors Go?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fundamental releases that occurred earlier in the London session. We then went over the current status of our NZDUSD trade and trades to take before the week comes to a close.
German and French…
Jerome "By Any Means" Powell + Forex Markets React to the End of Covid-19?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session we went over Jerome Powell's comments regarding the US Economy as well as trade setups for the week.
Early this morning, Jerome Powell indicated that the Federal Reserve will take a "by any means necessary"…
Weekly Profit Recap (+140 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week as well as trade setups to potentially take next week. Although, we didn't reach out +300 pip per week goal, we had a total of 6 trades, with 5 being winners. Quality…
US Dollar Bulls Back in Action? Gold Flirts With 1700
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over this weeks fundamental schedule along with trade setups to take. This week will be heavily predicated around the US Dollar.
Tomorrow morning, the US Economy will release its April inflation report…
US Unemployment Claims Come out Bearish, Signs NFP Will Be the Same?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed how our NZDUSD trade played out, this mornings US Unemployment claims and trade setups for the NFP release.
During yesterday's session, we analyzed NZDUSD and determined a bearish bias for the…
EURJPY Provides While EURAUD Short Setup Develops
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our current trades, the ADP release and setups to take for the rest of the week.
During yesterday's live session, we looked at several potential setups to trade. Only one however,…