Posts
EURUSD Short Profits, GBPUSD and NZDUSD Next?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from our EURUSD trade, and then we discussed the possibility of shorting the other majors.
Since last week, we have had a bearish bias for many of the majors, including EURUSD.…
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…
Weekly Trade 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 we completed technical analysis to determine trades for next week. This was the slowest week RP Forex has encountered in his fourteen-month tenure with Forex…
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…
Intraday Setups for NZDCAD and AUDCAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our pending setups and determined if an entry is imminent. We then spent the rest of the session discussing potential intraday setups for NZDCAD and AUDCAD.
Since the end…
Strong US Sales Date as Catalyst for Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the US Core Retail sales data and the impact it may have on our setups for the major currency pairs.
This morning, the US economy published its retail sales data and the results were spectacular.…
Eyes Set on Forex Majors To Slip This Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we took a look at the setups we devised for the major currency pairs last Friday. A quick look shows that many of the majors have retraced quite a bit, but have provided opportunities to enter short.
Last…
Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of the trades that were taken this week along with analysis for trades to take next week. We have continued our high accuracy trading this week as out of the seven trades called, only one resulted…
USDCHF Profits + The Yen Ready To Buy?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Markets Await FOMC Economic Projections
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a complete overview of the FOMC press conference that is occurring later today at 2:00 PM EST. Most of the financial markets are awaiting this all-important press conference as it will not only include…