Private Forex Coaching
342 FOLLOWERS
Private Forex Coaching is a streamlined, no nonsense way to learn everything from the forex trading basics to the advanced techniques.
Private Forex Coaching
1y ago
As panic ensued following the collapse of Silicon Valley Bank, the U.S. government acted in order to protect the depositors and prevent the appearance of possible contagion in the banking system. Goldman Sachs over the weekend predicted the Fed will not raise interest rates next week as a result of the SVB insolvency. The DXY ..read more
Private Forex Coaching
1y ago
In June 2020 Chair Powell stated that the Federal Reserve was “not even thinking about thinking about raising interest rates”. Today he stated, “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes. Restoring price stability will likely require that ..read more
Private Forex Coaching
1y ago
The EURUSD moved higher early in the London session, formed a lower high and began to move lower with momentum and some solid overhead structure. A short was taken risking 15 pips for a potential 46 pips to our daily target at 1.0665. Price moved to its Asian session low, paused awaiting the U.S. economic ..read more
Private Forex Coaching
1y ago
A very bullish candle above its Asian session low set up a long trade in the USDCAD risking 10 pips for a potential 75 pips to our daily target at 1.3455. An hour before the U.S. session overlap often sees a retracement or profit taking. The USDCAD had been very quiet in the U.K. session ..read more
Private Forex Coaching
1y ago
A fairly light news day for economic releases to begin the week and the USD remained strong. There was an initial move lower after the U.K. session got underway, followed by a pullback going into the U.S. session overlap. As the EURUSD began to move lower again, a short was taken risking 20 pips for ..read more
Private Forex Coaching
1y ago
Since October 21st last year the USDJPY has been in a downtrend making lower lows and lower highs. Today as the U.K. session got underway the pair moved lower, retested its Asian session low, before moving lower still, and as the U.S. session got underway, the pair retested its Asian session low one more time ..read more
Private Forex Coaching
1y ago
In 2022, I experienced 2 different health scares which are now behind me. They served as a reminder that nothing is more important than our health. As a result of the two incidents, my trading and teaching were greatly reduced. I will continue to trade and teach in 2023, but will only post trades of ..read more
Private Forex Coaching
1y ago
As the U.K. session got underway the GBPUSD moved lower to test its Asian session low, then broke above its Asian session high leaving a bearish doji candle. Price pulled back to test yesterday’s high before reversing higher leaving a bullish 3 candle reversal pattern. An entry long was taken risking 15 pips for a ..read more
Private Forex Coaching
1y ago
First we had Federal Reserve Vice Chair Lael Brainard saying the central bank should soon moderate the size of interest rate hikes, signaling she is favour of half-point increases as early as December. Today we had PPI data which came in weaker than expected causing the USD to pop to the downside and EURUSD to ..read more
Private Forex Coaching
1y ago
It was a very light economic news calendar today. The DXY moved lower again for a third day in a row and the USDJPY set up for a trade before the other majors today. The pair had moved lower after the U.K. traders began their day, then made a small retracement in advance of the ..read more