Posts

Live Forex Trading Room DXY Bulls Back At The Table Plus BTC Longs

DXY Bulls Back on Table + BTC Longs!

, ,
After a bearish week last week and starting this week on the same note, US Dollar bulls are showing some fight. Bitcoin is also set to push higher after creating the latest higher low. Despite Powell's harsh comments about the US economy,…
Dollar to Rebound From 91.90? Majors Rise

Dollar to Rebound From 91.90? Majors Rise

, ,
The Dollar is in a tough spot as sellers continue to force the index lower. A possible area where the DXY can rebound is 91.900. If it fails to do this, we can see many majors start to rise once again. After the passing of the 1.9 trillion…
Directory: Sign up for a Free Membership. Login to watch full recorded webinars in our Forex Trading Room. Chat with our traders in the Community Discord Server. Read yesterday’s breakdown: GBPUSD and NZDJPY Swing Longs Active For Next Week!

GBPUSD Hits Target + EURUSD Range Breakout

, ,
The US Dollar Index (DXY) has started to consolidate after reaching the 90.000 psychological level. The long-term trend is still down, so we expect further downside this week. Price action traders entered GBPUSD longs last Friday and are…
AUDNZD and EURNZD Shorts are Almost Ready!

AUDNZD and EURNZD Shorts are Almost Ready!

, ,
In today's live trading session, we went over the status of our pending trade setups for EURNZD and AUDNZD. In yesterday's live session we discussed the possibility of either going long or short for EURNZD, depending on what price action…
NZDCHF and EURNZD Trade Ideas

NZDCHF and EURNZD Trade Ideas

, ,
In today's live trading session, we went over the incoming consolidation for the US Dollar. We then found two trade ideas for NZDCHF and EURNZD. We expect the US Dollar to consolidate from today until Thursday afternoon. For one, we have…
3 Strike Rule + DXY Rockets to 94.20

3 Strike Rule + DXY Rockets to 94.20

, ,
In today's live session, we discussed the '3 strike rule', and then we discussed our outlook for the US Dollar Index (DXY). The 3 strike rule does not only apply to baseball, but it applies to trading as well. We believe that once three trades…
USDCAD Profits + Pound Pairs are Priming

USDCAD Profits + Pound Pairs are Priming

, ,
In today's live trading session, we went over our USDCAD trade from yesterday, and then we went over the lack of movement in the Pound pairs. During yesterday's live session, we discussed the two possible scenarios for the US Dollar Index.…
AUDJPY and USDCHF Possible Swing Trades

AUDJPY and USDCHF Possible Swing Trades

, ,
In today's live trading session, we briefly went over the US Dollar Index, and then we found swing trades for AUDJPY and USDCHF. This morning we noticed that the US Dollar Index was desperately trying to rally off support at 92.55. On the…
DXY and NZDCAD Head and Shoulders Pattern

DXY and NZDCAD Head and Shoulders Pattern

, ,
In today's live trading session, we went over the current status of our pending trade setups, and then we discussed a possible head and shoulders for NZDCAD. The US Dollar Index (DXY) has yet to move from support at 93.40. The Dollar is stuck…
EURUSD and GBPUSD Long Setups + DXY to 93

EURUSD and GBPUSD Long Setups + DXY to 93

, ,
In today's live trading session, we determined our bias for the US Dollar Index (DXY), and then we found trade setups for EURUSD and GBPUSD. This morning we saw the DXY slip 0.38% to the downside and then hit the key level of 93.40. At this…