Posts

USDCHF Profits + The Yen Ready To Buy?

USDCHF Profits + The Yen Ready To Buy?

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In today's live trading session, we went over the trades we took shortly before the FOMC press conference. We then discussed trade setups for AUDJPY, NZDJPY, CADJPY, and EURJPY. During yesterday's live session, we completed technical analysis…
Weekly Profit Recap (+300 Pips) + Next Week's Market Insight

Weekly Profit Recap (+300 Pips) + Next Week's Market Insight

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In today's live trading session, we did a recap of the trades that we took this week to gain +300 pips. We then discussed the Non-Farm Payroll release and how that may affect trade setups for next week. This week was another great week as…
1.9 Million US Unemployment Claims + GBPNZD Shorts Continue?

1.9 Million US Unemployment Claims + GBPNZD Shorts Continue?

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In today's live trading session, we went over the fundamental news that occurred earlier this morning. We then completed technical analysis to find trades to enter before the week comes to a close. Early this morning, the European Central…
USD Slips on Mixed News + US and China Cold War?

USD Slips on Mixed News + US and China Cold War?

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In today's live trading session, we discussed the cold war brewing between two superpowers and its potential effects on the Forex market. We then identified two setups for the major currency pairs. In particular, long setups for both NZDUSD…
Majors Gain On Memorial Day + US Oil Time to Short?

Majors Gain On Memorial Day + US Oil Time to Short?

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In today's live trading session, we went over the status of the trades discussed in yesterday's session. We then looked for new setups to enter, in particular a short for US Oil and a short for XAUUSD (Gold). As expected, the markets were…
Jerome "By Any Means" Powell + Forex Markets React to the End of Covid-19?

Jerome "By Any Means" Powell + Forex Markets React to the End of Covid-19?

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In today's live trading session we went over Jerome Powell's comments regarding the US Economy as well as trade setups for the week. Early this morning, Jerome Powell indicated that the Federal Reserve will take a "by any means necessary"…

EURJPY Provides While EURAUD Short Setup Develops

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In today's live trading session, we went over the status of our current trades, the ADP release and setups to take for the rest of the week. During yesterday's live session, we looked at several potential setups to trade. Only one however,…

GBPJPY and USDCHF Profits + What is Happening with the US Dollar?

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Welcome to another live trading webinar. In today’s session, we went over our profits for GBPJPY, USDCHF, and NZDUSD. We also went over our losing trades in USDJPY and XAUUSD to see exactly what happened. Yesterday we decided to take a…

Why are Interest Rates so Important to a Currency?

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Novice Forex traders soon start to learn that in addition to technical analysis, fundamental analysis is a huge driver of a currency’s strength. If you haven’t read my previous blog post on Technical vs Fundamental Analysis, check it out…

Why You'll Never Make Money In Forex

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In this article, we have outlined 3 reasons why you will NEVER make money in Forex.  You've probably heard the saying that goes, "90% of traders lose 90% of their capital in the first 90 days."   Well sadly, it's true. However... If you…