Merlin Rothfeld
Online Trading Academy
On his last visit with us on Power Trading Radio, Roger was talking about trade setups, and how he plans out trades with his students live in class. This time, roger shares 3 of the setups that his class worked on from December 11th, all of which worked out very well! The duo looks at probability and risk management as a function of planning as well.
This content is intended to provide educational information only. This information should not be construed as individual or customized legal, tax, financial or investment services. As each individual's situation is unique, a qualified professional should be consulted before making legal, tax, financial and investment decisions. The educational information provided in this article does not comprise any course or a part of any course that may be used as an educational credit for any certification purpose and will not prepare any User to be accredited for any licenses in any industry and will not prepare any User to get a job. Reproduced by permission from OTAcademy.com click here for Terms of Use: https://www.otacademy.com/about/terms
Editors’ Picks
EUR/USD rises to near 1.0850 ahead of PMI data from both economies
EUR/USD pauses its three-day decline, trading around 1.0840 during Asian hours on Monday. The pair gains as concerns over a US economic slowdown, driven by trade policies under President Donald Trump, weigh on the US Dollar.
GBP/USD trades with positive bias around 1.2930 amid modest USD weakness
GBP/USD gains some positive traction on Monday amid the emergence of fresh USD selling. The divergent Fed-BoE outlook and the recent breakout above the 200-day SMA favor bulls. Traders look to flash UK/US PMIs for some impetus ahead of BoE Governor Bailey’s speech.
USD/JPY trades with positive bias above the mid-149.00s; upside seems limited
USD/JPY climbs back above mid-149.00s during the Asian session on Monday amid a generally positive risk tone. The divergent BoJ-Fed policy expectations should help limit JPY losses and cap the pair amid the emergence of some USD selling. Traders now look forward to the release of flash global PMIs for a fresh impetus.
Editors’ Picks
AUD/USD gains momentum above 0.6250 on RBA’s cautious tone, China support
The AUD/USD pair gains momentum to near 0.6280 during the early Asian session on Monday. The Australian Dollar edges higher as the Reserve Bank of Australia keeps interest rates high and the Australian economy benefits from expected Chinese stimulus.
USD/JPY trades with positive bias above the mid-149.00s; upside seems limited
USD/JPY climbs back above mid-149.00s during the Asian session on Monday amid a generally positive risk tone. The divergent BoJ-Fed policy expectations should help limit JPY losses and cap the pair amid the emergence of some USD selling. Traders now look forward to the release of flash global PMIs for a fresh impetus.
Gold holds below $3,050 amid hopes for Ukraine peace deal
Gold price extends the decline to around $3,025 during the early Asian session on Monday. The precious metal edges lower after reaching an all-time high on Thursday amid hopes for a Ukraine peace deal.
Week ahead: Flash PMIs, US and UK inflation eyed as tariff war rumbles on
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and Australia also on the agenda.
Week ahead – Flash PMIs, US and UK inflation eyed as tariff war rumbles on
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and Australia also on the agenda.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.