Posts

Forex Trading Room - Powell Insists on Lower Rates + GBPJPY Trade

Powell Insists on Lower Rates + GBPJPY Swing Trade

, ,
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…
USD Awaits Jackson Hole Symposium + USDJPY Short

USD Awaits Jackson Hole Symposium + USDJPY Short

, ,
In today's live trading session, we went over our predictions for the Jackson Hole Symposium. We then found a sell setup for USDJPY. Tomorrow is the Jackson Hole Symposium which is an annual event sponsored by the Federal Reserve where members…
Forex Trading Room - USDCAD Intraday Profits + Long Term Trades for NZD

USDCAD Intraday Profits + Long Term Trades for NZD

, ,
In today's live trading session, we went over the profits made from our USDCAD intraday trades. We then found swing trade setups for EURNZD and AUDNZD. We decided to hold our USDCAD short from last week over the weekend because we were confident…
Forex Trading Room - Fundamentals Indicate Slow + DXY Retrace to 93.90

Fundamentals Indicate Slow Week + DXY Retrace to 93.90

, ,
In today's live trading session, we went over our game plan for the upcoming trading week. We did this by first analyzing this week's fundamental schedule, followed by the completion of technical analysis for the US Dollar and certain currency…
Forex Trading Room - Quick Intraday Profits + Gold Long Setup

Quick Intraday Profits + Gold Long Setup

, ,
In today's live trading session, we went over the status of the signals that were called yesterday. We then went over a possible buy scenario for Gold (XAUUSD). During yesterday's session, we noted the short-term presence of buyers surging…
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…
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 and GBPCAD in Profit + US Dollar Bulls are Back?

EURCAD and GBPCAD in Profit + US Dollar Bulls are Back?

, ,
In today's live trading session, we went over the US CPI data release, and then we went over the current status of our trades. This morning the US released it's Consumer Price Index (CPI) with a result of 0.6% versus a forecast of 0.3%. The…
Canadian Dollar Bulls are back, US Index at Standstill

Canadian Dollar Bulls are back, US Index at Standstill

, ,
In today's live trading session, we went over several pairs to determine which trade setups we will take this week. We first analyzed the US Dollar Index (DXY) and then moved on to the major and minor currency pairs. The DXY had a bullish…
Bullish NFP as Expected + Next Week Market Insight

Bullish NFP as Expected + Next Week Market Insight

, ,
In today's live trading session, we went over the Non-Farm Payroll employment data and then determined trade setups to take next week. As predicted, the NFP results came out far greater than expected. The US economy was able to drop the unemployment…