FX Trading Sensei

Hello Traders,

Just a follow-up chart to show how price played out since the last analysis chart last week Thursday.

Price is definitely in a critical place of decision. Bulls are pushing. Can the Bears keep price inside the triangle? Check the news to see what's coming out this week for the USD and the Euro.

Remember...

Analyze>Decide>Trade>Learn...then repeat.

P.S. Getting ready for Live Analysis Sessions coming in September. Very excited about that!!! Who else is excited about live analysis?

Hi Traders,

Non-Farm Payroll is out tomorrow, Friday. Here is the Weekly chart for Eur-Usd. The price has been in a ranging pattern, and that triangular shape, which does not usually give a clear direction as to which way it might break out.

Notice also that the price is in the middle of the height of that triangle...lots of room for the market to song and dance.

Pips can be made within the triangle, but really for the nimble trader as the price has room to twist and turn. It will be interesting to see how price interacts with these lines tomorrow.

Remember...

Analyze>Decide>Trade.>Learn...then repeat.

Hello Traders,

I have continued to experience issues accessing this account...still not sure why yet. However, I have some VERY exciting news:

My website should be up and running by August 31st, 2024...maybe before! That site will have lots of educational content, from Newbie to the Advanced Level. That content will continue to be expanded upon, as there is so much to learn. There will be live analysis sessions as well. Some sessions will be for Andrews Pitchfork traders too.

Lots in the works...so stay tuned! Thank you for your patience.

Website address: https://www.fxtradingsensei.com

Spread the word...See you there soon...

www.fxtradingsensei.com

Here is Eur-Usd before the FOMC rate announcement today. Notice the current price is almost exactly half-way between the resistance and support lines. Take your time. Hopefully your method is sharp enough to allow you to trade this successfully if you decide to trade the volatility.

Remember...

Analyze>Decide>Trade>Learn...then repeat.

FOMC Rate announcement today at 2pm EST. The NASDAQ has been continuing in its uptrend. Certainly a place to be cautious...notice the cliff-hanger before the news today. (Weekly chart shown).

As always...

Analyze>Decide>Trade>Learn...then repeat.

Glad to be back...but, I still encountered an issue uploading the video.

In our group today, a trader had commented on Nasdaq and Silver. Here are the final charts from the analysis video.

Remember...

Analyze>Decide>Trade>Learn...then repeat.

If you can't walk away from your trade and let the market go to work for you, something is wrong somewhere...either it's you or your method. Troubleshoot the area and learn how to "set-it and forget-it". (Scalping is an exception).

Remember...

Analyze>Decide>Trade>Learn...then repeat.

Aud-Jpy is still technically in an uptrend but also in a possible resistance area.

Remember...

Analyze>Decide>Trade>Learn...then repeat.

Hello Traders,

Have had some issues accessing this account. Hoping things are rectified now. Will resume chart posting soon.

Thanks for your patience.

FX Trading Sensei

Good Morning Traders,

At 8:30 a.m. EST, the U.S. CP.I. numbers are expected to be released. Here is an updated chart of the Dollar Index. Price is certainly in a resistance zone but also in an uptrend.

Remember...

Analyze>Decide>Trade>Learn...then repeat.

Employment news on CAD at 8:30 a.m. EST. Price has been in a range...center line was past resistance. Long wicks top and bottom in the yellow box...dangerous. Beware.

Analyze>Decide>Trade>Learn...then repeat.

This is the chart of the U.S. Dollar, showing the aftermath of the Non-Farm Payroll on Friday.

Remember...

Analyze>Decide>Trade>Learn...then repeat.

Here is a pending order that was executed using the entry from my trading method, and in line with the analysis I showed yesterday on Eur-Usd. Currently in profit about 32 pips. TP price was pre-set using my EA. Will adjust as the move progresses if needed.

More news to come at 2PM EST on USD ... Fed's Interest Rate.

Remember...

Analyze>Decide>Trade>Learn...then repeat.

Trade details from a Eur-Usd trade yesterday. That screenshot was a notification sent to my phone. Students in the group saw my chart. Some even traded it on their own.

If you are serious about learning, email me: [email protected] .

NOTE: BEWARE OF PEOPLE TRYING TO SOLICIT PERSONS HERE TO JOIN THEIR GROUPS. I AM NOT AFFILIATED WITH THEM.

Remember...

Analyze>Decide>Trade>Learn....then repeat.

Price on this Eur-Usd Daily chart is still in a fight...not weakening without a tug-o-war. Another cliff-hanger to end the week.

Analyze>Decide>Trade>Learn...then repeat.

That blue trendline is still holding. US news to come in less than an hour. We'll see what the aftermath will look like.

Analyze>Decide>Trade>Learn...then repeat.

Lines in the sand for the US Dollar Index. News to come later this morning.
Remember, this analysis is very preliminary, and is intended to assist you when doing your analysis with your particular trading method.

Analyze>Decide>Trade>Learn...then repeat.

Here is a look at the Dollar Index...Daily Chart. As the Dollar goes, the USD pairs will respond accordingly.

Analyze>Decide>Trade>Learn...then repeat.

Good Morning Traders.

No major US News today. Price on Eur-Usd is still in the cliff-hanger spot, doing its song and dance while it waits. Maybe today we'll get some scalping opportunities. Be careful if trading this pair.

Analyze>Decide>Trade>Learn...then repeat.