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+200 Pips From Major Trades, More on the Way

+200 Pips From Major Trades, More on the Way

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As the US Dollar Index (DXY) makes its way down to 90.00, traders are securing profits from trades against the Dollar. Price action analysis indicates that the DXY will have a small rebound from 90.40 before the price continues its path down…
US Oil Swing Trade in Profit + Dollar Falls on NFP

US Oil Swing Trade in Profit + Dollar Falls on NFP

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Today's Non-Farm Payroll release did not disappoint as the US Economy was able to add 49,000 jobs and drop unemployment to 6.3%. Despite the positive result, the Dollar finds itself down -0.57% for the day. Traders should not put too much…
CADJPY Longs Pending + US Oil Continues to Push

CADJPY Longs Pending + US Oil Continues to Push

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The day before the Non-Farm Payroll (NFP) release, the Dollar is confidently bullish. Price has pushed and closed above 91.200 and is on its way to 91.750.  In most cases, it's not recommended to take trades for the majors right before the…
GBPUSD Profits +US Oil Long in Profit

GBPUSD Profits + US Oil Long in Profit

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After breaching 91.00, the DXY had a hard time going any higher than 91.20. With this brief moment of weakness, trade setups for GBPUSD and US Oil were able to move into profit. Price action analysis for GBPUSD showed a potential rally back…

USDJPY & GBPJPY Swing Longs for Next Week

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This was a peaceful week to trade and was a fantastic way to end the first month of 2021. Other than the FOMC rate decision, this week was clear of fundamental news. These stable conditions will be short-lived as we have the Non-Farm Payroll…
GBPJPY Priming for Long + DXY Edging Higher

GBPJPY Priming for Long + DXY Edging Higher

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The US Dollar Index (DXY) made one last honest attempt at attaining 91.00, but once again, price came up short. This failure was then followed by a sharp selloff back down to 90.40. As a result of the Dollar's indecisiveness, certain pairs…
NZDUSD Profits + GBPJPY Long

NZDUSD Profits + GBPJPY Long

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Since yesterday, the US Dollar Index has gone from giving signs of weakness to surging strongly to the upside. Despite the DXY failing to meet 91.00, the brief bullishness allowed traders to cash in on shorts for the majors. One major that…
GBPUSD and NZDJPY Long Before FOMC

GBPUSD and NZDJPY Long Before FOMC

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The trend is usually your friend, especially on the higher timeframes. Despite the recent rallies, the US Dollar Index is conforming to the long-term downtrend and is headed lower. With the Dollar down -0.26% for the day, many majors are…
DXY Fighting to 90.72 + Major Shorts

DXY Fighting to 90.72 + Major Shorts

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The last week of January is upon us, and this week in contrast to previous weeks is rather calm in terms of fundamental news. This week may help traders end the first month of 2021 on a good note. Aside from the FOMC rate decision on Wednesday,…
Weekly Trade Recap + USDCHF Range Setup

Weekly Trade Recap + USDCHF Range Setup

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Another eventful trading week of 2021 is in the books. With numerous high-impact news releases, there was an abundance of viable trade setups for traders to take. A pair that was particularly popular among price action and smart money traders,…