Posts
Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
US Dollar Bulls Are Back? + CADJPY and CADCHF Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the results of the US unemployment claims and then completed analysis for the Dollar Index to determine the direction of the majors.
This morning the US economy printed a result of 1.314 million…
Gold Almost at 1800 + CADJPY Short Ready?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
4.8 Million Jobs Added in June + GBPUSD Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
US Dollar Bullish for Independence Week?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Weekly Profit 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 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…
EURUSD and EURAUD Profits + CADJPY Ready to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from our EURUSD and EURAUD trades. We then spent the rest of the session looking at our next batch of trades that are almost ready to enter.
Earlier during the London session,…
Live Forex Trading - Euro PMI Bolsters Euro Strength, But For How Long?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Are the Majors Ready to Fall? GBPNZD and GBPAUD Are!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the pairs we discussed last Friday and determined which setups are valid to enter this week.
During last Friday's live session, we went over the majors as well as a few minors. EURUSD and GBPUSD…
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…