Posts

FOMC Rate Prediction and Trade Signals

FOMC Rate Prediction and Trade Signals

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In today's live trading session, we went over the forecasts for this week's FOMC rate statement. We then found possible scenarios for the US Dollar Index and consequently its effect on the major currency pairs. This week the Federal Open…
ECB Keeps Interest Rate Unchanged + Setups for the Euro

ECB Keeps Interest Rate Unchanged + Setups for the Euro

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In today's live trading session, we went over the ECB rate statement and what it may entail for our current and pending setups. We then found a swing short for GBPUSD. The European Central Bank (ECB) has decided to keep interest rates unchanged…
EURUSD Long Setup + GBPUSD Intraday Profits

EURUSD Long Setup + GBPUSD Intraday Profits

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In today’s live trading session, we went over the current status of our trades. We then identified a long setup for EURUSD and a short for EURGBP. During yesterday’s live session, we determined a bearish bias for the US Dollar Index (DXY).…
Forex ECB Predictions + DXY at Reversal Point

Forex ECB Predictions + DXY at Reversal Point

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In today's live trading session, we went over our predictions for the European Central Bank (ECB) rate statement. We then found trade setups for USDCHF and USDJPY. This week is the ECB rate statement which represents the interest rate decision…
Trade Setups for NFP, US Dollar Looking to Hit 94.00

Trade Setups for NFP, US Dollar Looking to Hit 94.00

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In today's live trading session, we went over the possible setups we can take before tomorrow's Non-Farm Payroll release. We then did a lesson on how to determine directional bias. This morning the US Dollar continued its dominance as the…
EURNZD Profits + USD Dollar Unfazed From Poor ADP Numbers

EURNZD Profits + USD Dollar Unfazed From Poor ADP Numbers

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In today's live trading session, we went over the current status of our trades, and then we discussed today's ADP employment numbers. During yesterday's live session, we looked at several pairs containing the New Zealand Dollar. We determined…
Forex Lens Youtube Live Forex Trading Room USD Fights Back On Positive PMI Data Plus AUDJPY long

USD Fights Back on Positive PMI Data + AUDJPY Long

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In today's live trading session, we went over the US manufacturing data that was released this morning. We then discussed a possible long setup for AUDJPY. This morning the Institute for Supply Management published its PMI result which is…
NFP Predictions and Forex Trade Setups! (US Dollar Melts?)

NFP Predictions and Forex Trade Setups! (US Dollar Melts?)

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In today's live trading session, we went over our predictions for this week's Non-Farm Payroll release. More importantly, we focused on the fate of the US Dollar and consequently the major currency pairs. As discussed last Friday, we have…
Weekly Profit Recap (100% Win Rate) + Trades for Next Week

Weekly Profit Recap (100% Win Rate) + Trades for Next Week

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In today's live trading session, we went over how our trading week went. We then completed technical analysis to find several trade setups for next week. This week was slow and choppy due to the two-day Jackson Hole Symposium. But, that did…
Forex Trading Room - Powell Insists on Lower Rates + GBPJPY Trade

Powell Insists on Lower Rates + GBPJPY Swing Trade

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In today's live trading session, we went over Powell's speech as well as our predictions for the US Dollar moving forward. We then found swing trades for GBPJPY and EURNZD. This morning Fed Jerome Powell spoke about his plans for the monetary…