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Forex Trading Room - Technical Analysis Suggests Bullish NFP

Technical Analysis Suggests Bullish NFP

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In today's live trading session, we completed technical and fundamental analysis for the US Dollar to predict tomorrow's Non-Farm Payroll (NFP) result and reaction. Many traders and investors alike are waiting for tomorrow's NFP report released…
Forex Trading Room - EURUSD and EURJPY Longs + DXY Bearish Again

EURUSD and EURJPY Longs + DXY Bearish Again

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In today's live trading session, we went over the ADP employment numbers and which setups we could take for the rest of the week. This morning the US economy printed a lackluster result of adding 160,000 jobs versus the forecast of 1.20 million.…
315 Pips Weekly Recap with RP Forex (July 31)

315 Pips Weekly Recap with RP Forex (July 31)

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In today's live trading session, we went over the trades we took this week to notch +315 pips. We then did an analysis of trades to take next week. We concluded last week on a good note as we indicated to our members that the markets were…
Live Forex Trading - Gold Reaches Historic High + EURUSD Long

Gold Reaches New Highs + EURUSD Long

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In today's live trading session, we went over the continuing US Dollar weakness and setups we can trade to take advantage of the depreciating currency. The US Dollar Index continues to tumble as buyers pile on with their longs for the majors.…
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 how the week played out and then completed analysis for trades to take next week. Similar to last week, this week consisted of five trades. Our first two trades were a long for EURUSD and a short…
Live Forex Trading - Euro to 1.17000? Silver, Gold and Oil Long Trades!

Euro to 1.17000? Silver, Gold and Oil Longs!

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In today's live trading session, we discussed the meltdown of the US Dollar Index (DXY) and where many pairs and commodities are headed as a result. Since yesterday, the DXY is down 0.64%. The current daily timeframe suggests the US Dollar…
Live Forex Trading - Gold and Silver Look to Push Higher!

Gold and Silver Look to Push Higher!

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In today's live trading session, we went over the US Dollar Index (DXY) and several other pairs to determine which trades would be taken this week. The DXY is continuing its downtrend as Coronavirus cases continue to grow rapidly in the United…
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 - US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

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In 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…