PRICE ACTION FOREX TRADING - EURUSD, GBPUSD, GOLD & USDJPY ANALYSIS
PRICE ACTION FOREX TRADING - EURUSD, GBPUSD, GOLD & USDJPY ANALYSIS
Welcome to another live trading session. In today's live tradings session, we used our price action strategy to analyze the majors. We had a great week last week, where we made +320 pips with zero losing trades. We seek to replicate that excellence this week.
There was a good amount of movement in the markets today due to some issues with the US-China trade war. Although, there is mixed news about this topic, it seems clear that there are issues regarding phase one of the deal. The details are vague, but it's clear that the trade-war is far from over.
Early this morning we took a short trade on GBPUSD. Currently, we are in some drawdown, but if our current resistance holds, we can expect a significant push down. Using price action we were also able to identify a potential long setup on Gold. As always, we need confirmation of our entry criteria before entering.
During the live session we discussed this week's fundamental schedule. We noticed that this week's schedule is relatively clear, except for a slew of European fundamentals on Friday morning. With that being said, we can expect a slower week than usual. We will take a deeper dive into the markets during tomorrow's session with our paid members.
RP Forex streams live during New York Trading Session with our members from Monday through Friday starting at 11:00 AM Eastern Standard Time, breaking down the charts. RP Forex in a seasoned trader and expert in Price Action. He teaches #TechnicalAnalysis and #FundamentalAnalysis, how to maintain good risk management to trade effectively in the forex market.
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Mandatory Disclaimer: Trading in the #ForexMarket is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in #ForexTrading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.
Risk Warning
By making an investment or by trading in financial instruments, your capital is at risk; As the value of your investment can rise, there is always the potential of losing some or all of your invested capital; Past performance (whether actual or simulated), predicted returns, or likelihood performance scenarios may not reflect future performance and certainly do not guarantee future results; Investing and trading in the forex market is highly speculative and involves a significant risk of loss. Therefore, speculation in the forex market should only be conducted with trading capital you can afford to lose and will not dramatically impact your lifestyle; We believe that you should always be aware of the risks before deciding on trading and investing your capital, consider your risk tolerance, investment objectives and your level of experience in like investments, and seek independent financial advice.
Disclaimer
Information contained in these videos should not be construed as investment advice, or investment recommendation, or an offer of, or solicitation for, any transactions in financial instruments. Market information is made available to you only as a service, and we do not endorse or approve it. The information provided in these videos are not to be viewed as an offer to sell or the invitation of an offer to buy any commodities or financial product described in this video or on the Forex Lens website. The information contained in our website has been obtained from reliable sources but is not necessarily all-inclusive and is not assured as to its accuracy.
Visit our website: http://forexlens.com
Welcome to another live trading session. In today's live tradings session, we used our price action strategy to analyze the majors. We had a great week last week, where we made +320 pips with zero losing trades. We seek to replicate that excellence this week.
There was a good amount of movement in the markets today due to some issues with the US-China trade war. Although, there is mixed news about this topic, it seems clear that there are issues regarding phase one of the deal. The details are vague, but it's clear that the trade-war is far from over.
Early this morning we took a short trade on GBPUSD. Currently, we are in some drawdown, but if our current resistance holds, we can expect a significant push down. Using price action we were also able to identify a potential long setup on Gold. As always, we need confirmation of our entry criteria before entering.
During the live session we discussed this week's fundamental schedule. We noticed that this week's schedule is relatively clear, except for a slew of European fundamentals on Friday morning. With that being said, we can expect a slower week than usual. We will take a deeper dive into the markets during tomorrow's session with our paid members.
RP Forex streams live during New York Trading Session with our members from Monday through Friday starting at 11:00 AM Eastern Standard Time, breaking down the charts. RP Forex in a seasoned trader and expert in Price Action. He teaches #TechnicalAnalysis and #FundamentalAnalysis, how to maintain good risk management to trade effectively in the forex market.
CONNECT WITH US ONLINE:
Get the Latest News on Telegram: https://t.me/ForexLensInc
Follow Forex Lens on TradingView: https://tradingview.com/u/forexlens
Follow Forex Lens on Facebook: https://facebook.com/forexlens
Follow Forex Lens on Twitter: https://twitter.com/forexlens
Follow Forex Lens on Instagram: https://instagram.com/theforexlens
Follow Forex Lens on LinkedIn: https://linkedin.com/company/forexlens
Visit our website: http://forexlens.com
Mandatory Disclaimer: Trading in the #ForexMarket is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in #ForexTrading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.
Risk Warning
By making an investment or by trading in financial instruments, your capital is at risk; As the value of your investment can rise, there is always the potential of losing some or all of your invested capital; Past performance (whether actual or simulated), predicted returns, or likelihood performance scenarios may not reflect future performance and certainly do not guarantee future results; Investing and trading in the forex market is highly speculative and involves a significant risk of loss. Therefore, speculation in the forex market should only be conducted with trading capital you can afford to lose and will not dramatically impact your lifestyle; We believe that you should always be aware of the risks before deciding on trading and investing your capital, consider your risk tolerance, investment objectives and your level of experience in like investments, and seek independent financial advice.
Disclaimer
Information contained in these videos should not be construed as investment advice, or investment recommendation, or an offer of, or solicitation for, any transactions in financial instruments. Market information is made available to you only as a service, and we do not endorse or approve it. The information provided in these videos are not to be viewed as an offer to sell or the invitation of an offer to buy any commodities or financial product described in this video or on the Forex Lens website. The information contained in our website has been obtained from reliable sources but is not necessarily all-inclusive and is not assured as to its accuracy.
Visit our website: http://forexlens.com
