LIVE PRICE ACTION FOREX TRADING - EURUSD, GBPUSD, GOLD, USDJPY TRADE SETUPS
LIVE PRICE ACTION FOREX TRADING - EURUSD, GBPUSD, GOLD, USDJPY TRADE SETUPS

Welcome to another live trading session. In today's live trading session we did a full price action analysis of the majors: #EURUSD, #GBPUSD, #USDJPY and #Gold. We were able to find setups for all four pairs, and we did a live entry on #EURUSD and #Gold. We are currently waiting for our entry criteria to be confirmed for #GBPUSD and #USDJPY.

We had a very successful #NFP week and thankfully for us, this week isn't as news intensive as last week. That is the reason why we were able to enter two different setups on a Monday morning. We can accredit most of the movement in the majors due to Tehran (Iran) violating it's Nuclear Deal. Among many of the violations, Iran decided to make a centrifuge that is 50 times faster than allowed under the nuclear deal with world powers. This has caused some tension among the European Union and Iran

Last week we took a short on #AUDCHF, which has stayed near and around our entry. Taking another look at the pair, we can see the technical analysis has stayed practically the same, We will continue to hold this trade, despite the correlation between #AUDCHF and Gold. We expect a +100 pip drop on the pair.

Now that we have a few trades entered for the week, we will avoid over-trading by letting them play out. I will see you all tomorrow at 11:00 AM EST for another live trading session.

RP Forex comes on live during New York Trading Session with our members from Monday through Friday starting at 11:00 AM Eastern Standard Time, breaking down the markets. RP Forex in an expert in #TechnicalAnalysis and #FundamentalAnalysis, and have been trading in the financial markets for over 6 years. He has a passion for teaching beginner traders how to start trading and navigate the markets.

Join us today and trade with the best. Find high probability trade setups and trade with confidence.


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