Posts
Gold Bulls Rewarded + Crypto DCA Strategies
Forex Trading Analysis, Live Trading Room, Technical AnalysisGOLD has rewarded bulls by reaching the first targets, and we’ll be watching for it to keep climbing higher for our next upside target. What a nice gift for the holidays!
The DXY stayed in a trading range during the festive period. This is…
All Targets Hit on AUDCAD + Potential Long for SOL
Forex Trading Analysis, Live Trading Room, Technical AnalysisAUDCAD reached all targets today, a nice early gift as we enter the holiday countdown. We also sent out a potential long trade idea for a SOL today. In a world where most Layer 1's (like AVAX and LUNA) are pumping, SOL is the farthest behind…
Final Profit Reached on LUNA Long + OIL and BTC in Pullback
Forex Trading Analysis, Forex Trading Blog, Live Trading Room, Technical AnalysisToday we hit final profit on yesterday’s LUNA levered long. We entered at $78.50, and enjoyed a nice +11% move to reach our final take profit of $87. We trailed our stop loss a few times to secure our position and protect profits, and rode…
Bank of England Raises Rates Again + LUNA Long Opportunity
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Bank of England has raised rates again to 0.25%- that’s a hike of 15bps. This could be a bullish indicator for bears on GBP, and it’s possible that the earlier months of 2022 may bring a rise to the upside against EUR and JPY.
We are…
Targeting Longs On GOLD + BTC Target Achieved
Forex Trading Analysis, Live Trading Room, Technical AnalysisWe close out the week bullish on GOLD and with a sell opportunity on USOIL. We have achieved our BTC target, and remain bearish. We will also be monitoring FOMC Member Christopher Waller (the Federal Reserve Governor), who is scheduled to speak…
Bank of England Raises Rates + AUDCAD Hit TP2
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday, the Bank of England became the first central bank to raise rates since the pandemic started, while USOIL remains in consolidation. Our Smart Money AUDCAD trade idea hit TP2 yesterday, we encourage taking partial profits while we set our…
Big Picture Unchanged Post Fed Rates + Spotting Imbalance
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe DXY Fed rate announcement came in today with unchanged rates for the Dollar Index. Prior to the news, price went to our initial target of 96.644. We were expecting them to take out the 96.943 level as well. However, price has failed to take…
Momentum on Positive PPI Data + USOIL Targets Reached
Forex Trading Analysis, Live Trading Room, Technical AnalysisPositive PPI data came in this morning for the Dollar Index, nudging it into the position we are looking for. Tomorrow’s USD fundamentals will be a key driver to the strategies that we have been discussing for the past few weeks in the live…
COT Analysis + DXY Stuck in Range
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn todays live session, we did a breakdown of the latest COT report. We also referred to our Past Live session from October 12th , where we went over how to read the Commitment of Traders report. In addition, we are currently keeping an eye…
Parched US CPI Data + GBPUSD Nearing TP 3
Forex Trading Analysis, Live Trading Room, Technical AnalysisWe have taken partial profits on GBPUSD this week, and still have one more Take Profit #3 to hit for Smart Money’s trade idea.
Today's CPI data gave a mixed sentiment for DXY. Our HTF direction still remains. We are in a consolidation. Consolidation…