Posts

FOMC Rate Decision today - Market Analysis & Setups

FOMC Rate Decision today - Market Analysis & Setups

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In today's live trading session, we mainly focused on the FOMC rate decision that is occurring later today. We then concluded the session by going over possible trade setups. Today, the Federal Reserve will announce key aspects of its monetary…
Forex Trading Room - Gold Pushes to 1981 + USDJPY Ready to Short?

Gold Pushes to 1981 + USDJPY Ready to Short?

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In today's live trading session, we went over the current status of our EURUSD trade and what we expect next for the US Dollar Index (DXY). During yesterday's live session, we went over EURUSD and determined the pair still had a sizable amount…
Live Forex Trading - Gold Reaches Historic High + EURUSD Long

Gold Reaches New Highs + EURUSD Long

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In today's live trading session, we went over the continuing US Dollar weakness and setups we can trade to take advantage of the depreciating currency. The US Dollar Index continues to tumble as buyers pile on with their longs for the majors.…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In 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…
Live Forex Trading - Gold Almost at 1900 + Silver to $25?

Gold Almost at 1900 + Silver to $25?

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In today's live trading session, we went over our GBPJPY and EURCAD trades that were taken yesterday. We then spoke about last-minute setups for Silver, Gold, and GBPAUD. During yesterday's live trading session, we identified a long trade…
Live Forex Trading - Gold and Silver Look to Push Higher!

Gold and Silver Look to Push Higher!

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In 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…
Live Forex Trading - EURUSD and EURJPY Profits + DXY Ready to Melt?

EURUSD and EURJPY Profits + DXY Ready to Melt?

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In 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…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In today's live trading session, we did a recap of how our week went, and then we completed price action analysis to determine trades for next week. The current market choppiness appears to be here to stay. For this reason, we reduced the…
Live Forex Trading - US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

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In today's live trading session, we went over the results of the US unemployment claims and then completed analysis for the Dollar Index to determine the direction of the majors. This morning the US economy printed a result of 1.314 million…
Live Forex Trading - Gold Almost at 1800 + CADJPY Short Ready?

Gold Almost at 1800 + CADJPY Short Ready?

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In 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…