Live Forex Trading - EURAUD and USDCHF Profits + How Do I Know When To Get Out of a Trade?
Live Forex Trading - EURAUD and USDCHF Profits + How Do I Know When To Get Out of a Trade?
Welcome, to another daily #Forexmarketbreakdown. In today’s #livetrading session, we went over the analysis and profits made for our #EURAUD, #USDCHF and #CADCHF trades. We also spoke about today's CPI numbers for the US Economy and what it may suggest about the Federal Rate decision. The session was concluded with a lesson on When To Exit a Trade.
Yesterday, we did an in-depth trade analysis on CADCHF and USDCHF and determined a bullish bias on the these 2 currency pairs. Both trades are currently in small profits, and we can expect further upside, We have to take note of the fundamental news that will be releasing later today in the London session, as the Swiss National Bank will be doing a Monetary Policy Assessment at 4:30 AM EST. Ideally, we would like to be out of both trades by the end of the Australian session. As always, we will provide updates about these trades on Telegram during that time.
This morning the #ConsumerPriceIndex which is a major indicator for inflation came out at 0.3% vs. the 0.2% expectation for the US Economy. This is favorable news for the US Dollar, as the United States was able to add 266,000 additional jobs in the month of November. We have the Federal Rate decision and Conference later today starting at 3:00 PM EST. With the recent job growth, drop in unemployment to a 50-year low and positive #CPI data, we have a bullish sentiment on the rate decision. Powell will most likely speak about these recent positive developments for the economy, and that maybe the catalyst for a bullish US Dollar.
Our #XAUUSD trade from yesterday was an example of How To Know When To Exit a Trade. This lesson will be available on our Instagram (link) as well as our YouTube (link). As a reminder for tomorrow, we have the #ECBRateDecision as well as the UK Elections, so please trade with caution. We will discuss all of the fundamental news events with you all in tomorrow's live session As always be safe traders and trade responsibly!
Sign up for a TradingView Pro Account using our affiliate link below to receive $30 from them and $30 credit from us -- $60 in total savings!
https://www.tradingview.com/gopro/?share_your_love=forexlens
CONNECT WITH US ONLINE:
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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
Welcome, to another daily #Forexmarketbreakdown. In today’s #livetrading session, we went over the analysis and profits made for our #EURAUD, #USDCHF and #CADCHF trades. We also spoke about today's CPI numbers for the US Economy and what it may suggest about the Federal Rate decision. The session was concluded with a lesson on When To Exit a Trade.
Yesterday, we did an in-depth trade analysis on CADCHF and USDCHF and determined a bullish bias on the these 2 currency pairs. Both trades are currently in small profits, and we can expect further upside, We have to take note of the fundamental news that will be releasing later today in the London session, as the Swiss National Bank will be doing a Monetary Policy Assessment at 4:30 AM EST. Ideally, we would like to be out of both trades by the end of the Australian session. As always, we will provide updates about these trades on Telegram during that time.
This morning the #ConsumerPriceIndex which is a major indicator for inflation came out at 0.3% vs. the 0.2% expectation for the US Economy. This is favorable news for the US Dollar, as the United States was able to add 266,000 additional jobs in the month of November. We have the Federal Rate decision and Conference later today starting at 3:00 PM EST. With the recent job growth, drop in unemployment to a 50-year low and positive #CPI data, we have a bullish sentiment on the rate decision. Powell will most likely speak about these recent positive developments for the economy, and that maybe the catalyst for a bullish US Dollar.
Our #XAUUSD trade from yesterday was an example of How To Know When To Exit a Trade. This lesson will be available on our Instagram (link) as well as our YouTube (link). As a reminder for tomorrow, we have the #ECBRateDecision as well as the UK Elections, so please trade with caution. We will discuss all of the fundamental news events with you all in tomorrow's live session As always be safe traders and trade responsibly!
Sign up for a TradingView Pro Account using our affiliate link below to receive $30 from them and $30 credit from us -- $60 in total savings!
https://www.tradingview.com/gopro/?share_your_love=forexlens
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
