New opportunity to jump in the Cable downtrend? - Trade Closed
Good afternoon! My remaining position in Cable closed at 1.4620 for a profit during yesterday's return to positive sentiment towards global growth. … More…
About Pick of the Day
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.
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Another shot at the Cable downtrend? - Trade Closed
It looks like I couldn't catch a break on this trade as it seem traders took the proposed austerity measures in the UK as a good sign to buy up British Pounds… More…
