Posts
Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
EURUSD and GBPJPY Profits + CHFJPY Long?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our EURJPY and GBPJPY trades. We then completed technical analysis for some of the minors and found a setup for CHFJPY.
During yesterday's live session, we went over the US Dollar…
Gold and Silver Look to Push Higher!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Euro Needs to Clear Key Resistance Before Buying!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading webinar, we went over the European Central Bank's (ECB) rate decision and what effect it may have on the Euro. We then identified a few last-minute setups to take before Friday's market close.
Like many other banks…
Canadian Monetary Policy Boosts CAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the Canadian monetary policy statement and its consequent effects on the Forex market. We then spent the rest of the session looking for trades to take to finish the week off.
This morning the…
EURUSD and EURJPY Profits + DXY Ready to Melt?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our Euro trades, and then we gave our members an update on the US Dollar Index (DXY).
In yesterday's live trading session, we discussed the possibility of taking an intraday short…
COT Report Hints Bullish Euro and Bearish Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Gold Almost at 1800 + CADJPY Short Ready?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we spoke about Gold's journey to 1800 as well as trade setups for CADJPY and NZDCAD.
Back in December 2019, RP Forex made a bold prediction that Gold would reach at least $1800 by the end of 2020. Fast forward…
Positive USD Manufacturing Data + EURUSD Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed this morning's US manufacturing data and then completed analysis to determine possible trades for the week.
This morning the US economy printed a result of 57.1 versus an expectation of 50.0 for…
Live Forex Trading - Weekly Profit 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 during this short week and then focused on trades to take next week.
Usually, the Non-Farm Payroll week is a busy and volatile week to trade. But, this week was different. We…