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This Non-Farm Payrolls live event, held at FXstreet.com was attended by 400 FOREX traders! This is a summary of the 3 hours of forex training. Live FOREX Training | EVERYDAY! www.fxbootcamp.com

The forex uptrend was still in place, but showing signs of weakness. Retracement is becoming more and more possible. MACD Divergence, rejection at a Reversal Pivot Point, a 61.8% Retracement and a Triangle break eventually all pointed down. Target was the 138.2% Fibonacci Extension which over lapped with a Support Pivot Point.

The US FOREX Trading Session started flat for the USD, so we focused on the Canadian Dollar today. After a break of resistance, price topped out at the R1 Pivot Point for a very technical trade. Oil is at a 17 monthly low and with CAD having an 80% correlation to the price of oil, [...]

In the first full day of trading following yesterday’s FOMC decision, a risk aversion theme defined moves across multiple financial asset classes. The EUR/USD currency pair saw its biggest one-day move since July 1.

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Comments made during a speech by European Central Bank president Jean-Claude Trichet triggered a lower low for the EUR/USD during the first hour of today’s New York session. Although the pullback did provide a logical entry point for a short trade, the euro failed to extend lower on a day devoid of major US news. [...]

Great forex currency correlation today. This helped us trust our forex pivot points when creating our forex trade plan for the day. Once the M4 held the GBP up, the EUR was cleared for take off. Resistance was broken and profit levels at the forex Fibonacci Extensions of 138.2% and 161.8% were achieved. Live FOREX [...]

Consumer confidence is way down! But pips for us are way up! We traded very conservatively today, waiting for the first five minute candle to close before we went long. Even if you missed that entry, a second opportunity was given at the swing high breakout. In either case, the sky was the limit for [...]

No currency correlation today amoungst the majors. We scanned the market cautiously, looking for an isolated conservative/repeatable trade. The EUR/USD was our best shot. Live FOREX Training | Everyday! www.fxbootcamp.com