December 2011 Monthly Archive

Reflecting on My Performance for 2011

Good morning forex friends! With 2011 quickly winding down and trading pretty much a wrap for the year, it’s time to do the most beloved (or hated) of trading tasks: reflecting on your trading performance. I’ll share with you an example of how I reflect in hopes that it will help you do your own. Check it! Read more

Bearish Price Action on EUR/USD? – Trade Closed

Good morning forex friends! No luck on my day trade today as we saw strong euro buying and risk-on sentiment at the European session open. It looks like euro bears never stood a chance, and neither did my day trade. Check it! Read more

Looking for a Day Trade in Cable – No Trade

Good afternoon! It looks like Cable’s behavioral tendencies that I mentioned yesterday played out like clockwork. Unfortunately, the market didn’t pop high enough after the UK data to trigger my shorts. Grrrrrr! Check out Cable’s price action today… Read more

S&P Downgrade Warning Gonna Be a Downer for the Euro? – Trade Closed

As expected, we had a range bound day in EUR/USD, but with economic updates and major news reports, there was enough price action to trigger one of my trade setups and close it out. Read more