Forex Live Trading Webinar - EURUSD Short Profits, Oil and Gold Profits Due To Iran Aggression
Forex Live Trading Webinar - EURUSD Short Profits, Oil and Gold Profits Due To Iran Aggression
Welcome to another live forex trading webinar. Today, we went over the current status of our EURUSD, XAUUSD, and Crude Oil analysis. We also spent time discussing Iran's ballistic missile attack on US bases in Iraq and how the Forex market reacted.
In yesterday's forex webinar we used our price action trading strategy to identify a short trade for EURUSD. We were able to enter the trade immediately since our entry criteria was confirmed during the session. We had some initial drawdown due to the attack on US bases, but shortly afterward the trade began to move in our favor. We have hit take profit level 1, and are currently up +35 pips in profit. With stops at break-even and partial profits taken, this trade has now become risk-free.
We also did technical analysis on XAUUSD and Crude Oil during yesterday's session. Due to the recent tensions between the US and Iran, we elected to only analyze these pairs and not enter them. After the news got out that Iran had carried out missile attacks on US bases, XAUUSD (Gold) spiked +400 pips to the upside and Crude Oil dropped almost +200 pips. These moves were on par with our analysis for both commodities. Our technical analysis indicated a swing long opportunity for Gold to 1700 and a swing short opportunity for Crude Oil to $55 per barrel.
Today this morning at 11:00 AM EST, Donald Trump addressed the media in regards to the last night's attacks. To much of our surprise, Trump's remarks were indicating an effort to deescalate the situation. Trump stated that the United States military and economic prowess will ensure that Iran will not escalate the situation any further. Trump did insist that the United States will impose increased sanctions on Iran in response to the attack. He also indicated that the US Military is currently weighing options before giving a response to Iran. As this has huge implications for the Forex market, it is key for us to minimize our risk exposure as much as we can. We will continue to hold our EURUSD short as we eye for other trade setups to enter. I will see you all tomorrow for another live session. As always, be safe 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
Welcome to another live forex trading webinar. Today, we went over the current status of our EURUSD, XAUUSD, and Crude Oil analysis. We also spent time discussing Iran's ballistic missile attack on US bases in Iraq and how the Forex market reacted.
In yesterday's forex webinar we used our price action trading strategy to identify a short trade for EURUSD. We were able to enter the trade immediately since our entry criteria was confirmed during the session. We had some initial drawdown due to the attack on US bases, but shortly afterward the trade began to move in our favor. We have hit take profit level 1, and are currently up +35 pips in profit. With stops at break-even and partial profits taken, this trade has now become risk-free.
We also did technical analysis on XAUUSD and Crude Oil during yesterday's session. Due to the recent tensions between the US and Iran, we elected to only analyze these pairs and not enter them. After the news got out that Iran had carried out missile attacks on US bases, XAUUSD (Gold) spiked +400 pips to the upside and Crude Oil dropped almost +200 pips. These moves were on par with our analysis for both commodities. Our technical analysis indicated a swing long opportunity for Gold to 1700 and a swing short opportunity for Crude Oil to $55 per barrel.
Today this morning at 11:00 AM EST, Donald Trump addressed the media in regards to the last night's attacks. To much of our surprise, Trump's remarks were indicating an effort to deescalate the situation. Trump stated that the United States military and economic prowess will ensure that Iran will not escalate the situation any further. Trump did insist that the United States will impose increased sanctions on Iran in response to the attack. He also indicated that the US Military is currently weighing options before giving a response to Iran. As this has huge implications for the Forex market, it is key for us to minimize our risk exposure as much as we can. We will continue to hold our EURUSD short as we eye for other trade setups to enter. I will see you all tomorrow for another live session. As always, be safe 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
