Posts

Live Forex Trading - Canadian Monetary Policy Boosts CAD

Canadian Monetary Policy Boosts CAD

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In today's live trading session, we went over the Canadian monetary policy statement and its consequent effects on the Forex market. We then spent the rest of the session looking for trades to take to finish the week off. This morning the…
Live Forex Trading - EURUSD and EURJPY Profits + DXY Ready to Melt?

EURUSD and EURJPY Profits + DXY Ready to Melt?

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In today's live trading session, we went over the status of our Euro trades, and then we gave our members an update on the US Dollar Index (DXY). In yesterday's live trading session, we discussed the possibility of taking an intraday short…
Live Forex Trading - COT Report Hints Bullish Euro and Bearish Dollar

COT Report Hints Bullish Euro and Bearish Dollar

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In today's live trading session, we determined the bias for many of the major and minor currency pairs. This was achieved by first analyzing the US Dollar Index (DXY) and then looking at the rest of the Forex pairs. After analyzing the US…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In today's live trading session, we did a recap of how our week went, and then we completed price action analysis to determine trades for next week. The current market choppiness appears to be here to stay. For this reason, we reduced the…
Live Forex Trading - Beware of Smoke Screens + AUDJPY Short Setup

Beware of Smokescreens + AUDJPY Short Setup

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In today's live session, we focused on the fundamentals behind the recent rallies for the Euro and whether if these rallies are here to stay or if they are all smokescreens. At the start of the week, many of the European pairs seemed to be…
Live Forex Trading - Gold Almost at 1800 + CADJPY Short Ready?

Gold Almost at 1800 + CADJPY Short Ready?

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In today's live trading session, we spoke about Gold's journey to 1800 as well as trade setups for CADJPY and NZDCAD. Back in December 2019, RP Forex made a bold prediction that Gold would reach at least $1800 by the end of 2020. Fast forward…
Live Forex Trading - 4.8 Million Jobs Added in June + GBPUSD Short

4.8 Million Jobs Added in June + GBPUSD Shorts

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In today's live trading session, we went over the all-important Non-Farm Payroll (NFP) release and what that may entail for the Forex market. We then spent some time finding trade setups and arrived at the possibility of shorting both GBPUSD…
Live Forex Trading - US Dollar Bullish for Fourth of July Week?

US Dollar Bullish for Independence Week?

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In today's live trading session, we discussed the important events in the week ahead of us as well as viable trade setups to take. Not only do we have NFP this week, but we also have Canada Day and Independence Day (Fourth of July). Since…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In today's live trading session, we went over the trades we took this week and then completed analysis to determine setups for next week. Similar to last week, this week we had identified numerous potential setups to enter. Despite more volume…
Live Forex Trading - Weekly Trade Recap + Next Week Market Insight

Weekly Trade Recap + Next Week Market Insight

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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…