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 morning forex friends! And it's definitely a good morning for risk-on players as we saw a surprising string of catalysts, most notably the monster news of a coordinated central bank effort to provide liquidity to European banks. Unfortunately, this was not good for the Greenback... … More…
Good evening forex friends! It looks like volatility is slowing down a bit as we head into the holiday season, and EUR/USD is shaping up to be the best market to play a range if it is. Check it out!… More…
Good afternoon! It looks like my trade idea for this week is a "no-go" as European fears and weak BOE rhetoric continued to push capital into the Greenback without a hiccup. Check out how it all played out in Cable this week. … More…
Good afternoon forex friends! I left my open orders to short Cable on past Wednesday's trading session as I thought the setup was still valid, but maybe a little early. Today, Cable pulled back as hoped, but it looks like Dollar bulls are way too strong... … More…
Good afternoon! It looks like the price action played out pretty much as I had hoped as the pair did have a chance to retest my area of potential resistance. Check it my trade review for more. … More…
Good morning! It looks like the Greek referendum was a game changer for the day as sellers jumped on the euro like gangbusters! Was I able to jump into the extended downtrend? … More…
