About Pick of the Day

Pick of the Day Author

Each day, I will try to find what I believe is the best looking short term trade setup for the upcoming trading day or week. 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. I will post my ideas and/or reviews through out each session right here, on Twitter and on Facebook.

Read First: My Trading Framework!!

Latest Posts

February 2010

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Archives

February 2010
Monthly Archive

Return to AUDUSD weakness? - Trade Closed

Good morning to all you Asia session traders and welcome back to another fabulous week of FX trading! It looks like my trade triggered and moved my way, but it looks like I couldn't get a big enough move on this trade. Check it!… More…

Another Short Opportunity on EURUSD? - Trade Closed

Good morning friends! And what a wonderful morning it is to open up the charts and see that my second profit target was hit! Euro weakness persisted throughout the morning European trading session and the EURUSD hit 1.3550 to close me out.… More…

Another chance to jump in EURUSD downtrend? - Close Trade

Good evening! My trade was triggered during yesterday's European trading session and it looked like sellers jumped in by the bunches after the market hit 1.4000. It was pretty much downhill from there for the euro, and with some nice profits and major news coming up, I have decided to… More…

USDJPY - Close Trade

Good morning! I've been holding on this short USDJPY for while, but I've failed to get the break and follow through that I have been hoping for. With the NFP data coming out this week, and the continued uncertainty of the current market/political environment, I have decided to close this trade down for now.… More…

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