The trading rooms are the opportunity to trade together with our traders!
The rooms are available live three times a week for our traders, both PM and during the level 1 process.
In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, share market visions and trading opportunities.
In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.
Today, we made a global forecast for the following weeks. The Dollar is continuing to strengthen. However, the DXY is on the verge of creating a divergence pattern and starting to go down. The USD pairs will move along the DXY (Dollar Index).
Lastly, the CAD will have a volatile week ahead. Negatively correlated with Oil, the WTI reached a psychological key zone of $60 a barrel. We may expect high movement in the CAD pairs, and most especially the USDCAD.
– Join us at The5%ers Traders Support Group. Come and introduce yourself, share opinions, and publish your trading ideas! Open for everyone.
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