Posts
Weekly Trade 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 this week, and then we completed technical analysis to determine trades for next week. This was the slowest week RP Forex has encountered in his fourteen-month tenure with Forex…
Despite 7.1% Unemployment Rate AUDUSD Stays Put
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the Australian unemployment data release and the lack of effect it had on the Aussie. We then went over the current status of our GBPJPY and GBPUSD trades.
Last night the Australian government…
Intraday Setups for NZDCAD and AUDCAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our pending setups and determined if an entry is imminent. We then spent the rest of the session discussing potential intraday setups for NZDCAD and AUDCAD.
Since the end…
Strong US Sales Date as Catalyst for Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the US Core Retail sales data and the impact it may have on our setups for the major currency pairs.
This morning, the US economy published its retail sales data and the results were spectacular.…
Eyes Set on Forex Majors To Slip This Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we took a look at the setups we devised for the major currency pairs last Friday. A quick look shows that many of the majors have retraced quite a bit, but have provided opportunities to enter short.
Last…
Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of the trades that were taken this week along with analysis for trades to take next week. We have continued our high accuracy trading this week as out of the seven trades called, only one resulted…
NZD Profits + Bearish Outlook for FOMC
Forex Trading Analysis, Live Trading Room, Market OpinionIn today's live trading session, we went over the profits made from our trades taken yesterday. We then explained why we have a bearish bias for the major currency pairs in relation to tomorrow's FOMC rate decision.
During yesterday's session,…
Trade Setups for FOMC Week + New Zealand Reopens
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a brief overview of the possible trade setups for the week. We took note that this Wednesday is the FOMC rate statement and that many of the major currency pairs may consolidate until then.
Eyes are…
Weekly Profit Recap (+300 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of the trades that we took this week to gain +300 pips. We then discussed the Non-Farm Payroll release and how that may affect trade setups for next week.
This week was another great week as…
1.9 Million US Unemployment Claims + GBPNZD Shorts Continue?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fundamental news that occurred earlier this morning. We then completed technical analysis to find trades to enter before the week comes to a close.
Early this morning, the European Central…