About Pick of the Day

Pick of the Day Author

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!!

Latest Posts

February 2012

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Archives

February 2012
Monthly Archive

Will Dovish MPC Minutes Continue to Push Cable Lower? - Trade Closed

Good afternoon! It looks like the market moved in my favor as Cable rallied and briefly touched my short order level before moving back below the 1.5700. See how it my day played out. … More…

Range Play on USD/CHF - Trade Closed

Good morning forex friends! It looks like USD/CHF bears couldn't push the pair any lower in Friday's trading session. With the weekend quickly approaching, I've closed down my position to avoid weekend risk. Check it!… More…

Playing the EUR/USD Range - Trade Closed

It was the combination of events from both Europe and the US to finally push traders to finally break the 1.3200 level. … More…

"Many of life's failures are people who did not realize how close they were to success when they gave up."
Thomas Edison
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