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!!
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Looks like lady luck was on my side today as my long Cable day trade managed to pull out positive pips. Check out today's price action and my trade review after the jump!… More…
During the European trading session, the euro rallied against the majors on a strong Spanish bond auction, pushing EUR/JPY up to my short orders at 119.50 and higher. How did it turn out from there? … More…
Good evening! Looks like Cable bears were out of the game today as the risk aversion sentiment turned as quickly as it pushed risk takers out of the market on Monday. Not good for the Greenback and my trade!… More…
Looks like I caught a break with this one as EUR/USD did rally enough during the Asia/European trading session to trigger my short order at 1.4500. That area held as I hoped and the pair dropped like a rock through the morning European trading session.… More…
Good afternoon to all you Asia session players! Here's a review of my AUD/USD day trade as I only managed to snag just a few pips for the day. Check it out!… More…
Good morning! We saw USD/JPY spike lower after another earthquake hit Japan yesterday morning. The pair dropped enough to trigger my long trade and then we saw the market rally back higher within the same hour. As the weekend was quickly coming to a close, I decided to close my trade to avoid weekend risk. … More…
