Posts

NZDCAD Profits + DXY To Extend Higher

NZDCAD Profits + DXY To Extend Higher

, ,
As predicted by price action analysis, NZDCAD is on its way lower. Both price action and smart money analysis also predicted a bullish Dollar which is what we are seeing today. Price action traders are up around +80 pips for NZDCAD since…
DXY Back to Bearish Ways + NZDCAD Shorts?

DXY Back to Bearish Ways + NZDCAD Shorts?

, ,
After giving bulls some hope to end last week, the Dollar is back on its way lower. As the DXY figures its self out, traders may look at trading the minors for the time being. Despite hanging around 91.950 and numerous attempts to close bullish…
USD Mixed NFP Reaction + NZDCAD At Key Level

USD Mixed NFP Reaction + NZDCAD At Key Level

, ,
Today's Non-Farm Payroll release results were mixed, but the US Dollar Index (DXY) was set on moving higher. As the majors adapt to the DXY, NZDCAD has found itself in a unique situation. The unemployment rate for the US economy came in at…
EURUSD Ready to Enter + NZDCAD Shorts

EURUSD Ready to Enter + NZDCAD Shorts

, ,
The midweek of the trading week is here and the markets are jumping with volatility. This morning Congress passed a $900 billion stimulus package for the United States. This news led to a rapid depreciation in the US Dollar and several setups…
NZDCAD in Profit + EURUSD Long Trade Developing

NZDCAD in Profit + EURUSD Long Trade Developing

, ,
In today's live trading session, we went over our NZDCAD trade idea, and then we discovered a possible long for EURUSD. Our NZDCAD swing long has hit its first take profit. We will secure 30% of profits here, and leave the remaining position…
Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

, ,
In today's live trading session, we went over the trades we took this week and the AUDNZD swing trade we have planned for next week. This week we focused on EURUSD, AUDUSD, NZDCAD, EURNZD, and CADJPY. We were able to enter EURNZD, NZDCAD,…
EURNZD Trade Entered + NZDCAD Almost Ready

EURNZD Trade Entered + NZDCAD Almost Ready

, ,
In today's live trading session, we entered our EURNZD trade idea, and how NZDCAD is almost ready to go as well. For a few weeks, we have been eyeing a potential short for EURNZD. After waiting and being patient, we have finally gotten entry…
NZDCAD and AUDJPY Trade Ideas + USD Fakeouts

NZDCAD and AUDJPY Trade Ideas + USD Fakeouts

, ,
In today's live trading session, we went over possible trade setups for NZDCAD and AUDJPY. We then discussed the fakeouts that are occurring in the major currency pairs. This morning the DXY surged 0.50% to the upside without any clear indication…
EURUSD, GBPUSD and CADJPY Trades for Next Week

EURUSD, GBPUSD and CADJPY Trades for Next Week

, ,
In today's live trading session, we went over the trades we took this week, and then we went over trade ideas for EURUSD, GBPUSD, and CADJPY that we could take next week. Much of this week was spent on deciding where the DXY was headed, to…
CADJPY Long and NZDCAD Short Trade Signals

CADJPY Long and NZDCAD Short Trade Signals

, ,
In today's live trading session, we went over the status of our current and pending trade setups. We then went over trade setups for NZDCAD and CADJPY. In yesterday's session, we covered the lack of movement in the DXY, and that we were shifting…