Pick of the Day: EUR/USD - Trade Closed
Wowzers! Looks like I underestimated that US Dollar sell off as the Greenback got beat like it stole something this morning! EUR/USD moved well beyond its daily range (around 260 pips) to… More…
About Pick of the Day
At the end of each trading day, I will find what I believe is the best looking short term trade setup for the upcoming trading day. If you're a forex newbie, it can be tricky in the beginning trying to figure out how to look at charts and draw lines. My goal is help you understand the psychology of price movements so you can learn to analyze your own charts and trade on your very own. Trades will be posted by 1 am ET, Monday through Thursday evening.
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December 2008 Monthly Archive
Pick of the Day: EUR/USD - Trade Closed
My trade was closed today as the Euro rallied against the Greenback, reaching highs around 1.4350 and hitting my adjusted stop at break even along the way. … More…
Pick of the Day: EUR/USD - Trade Closed
It looks like 1.3000 was unable to hold the Euro bulls down as the pair broke past and hit my stop loss level. … More…
Pick of the Day: USD/JPY - Trade Closed
My trade was closed at the end of day on Friday as USD/JPY rallied back up to my adjusted stop at 92.60.… More…
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