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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Good evening! It was fast and furious price action during Thursday's US trading session as the markets flipped around on weak US data. My trade was triggered, and after a few quick decisions to adjust to price action, my trade was closed. Check out my review after the jump!… More…
After a couple of missed trades, I finally caught a break on Friday as European debt issues returned to the spot light and pushed the euro down before trading closed for the weekend. With the pair now testing strong support, I've decided to close my trade out.… More…
Looks like my swing trade is gonna be a 'no go' this week as Cable failed to break resistance this week 1.6300. Check out how GBP/USD has moved so far this week!… More…
Good evening forex friends! Looks like I missed out on another good move as the market never got up to my short orders at 1.6400. Here's a review of price action and other missed trade opportunities through out the day. … More…
I closed my open orders for a short position on EUR/USD today as a surprise downgrade on Greece from S&P sent the euro tumbling. Here's a review of today's price action. … More…
Good evening evening! It was a wild day in the markets as weak economic data and Trichet's comments sent risk aversion flows into overdrive. It took Cable down to my long entry levels, but unfortunately previous major support wasn't able to push risk aversion back. … More…
