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! I stepped away from the markets for a quick break, and during that time is looks like my EUR/USD short worked out thanks to technical resistance and last weekend's Spanish bank bailout plan. … More…
Good morning! It looks like another shallow pullback thwarted my dreams of my first win of the quarter...Grrrr! With the FOMC statement come and gone, and the weekend quickly approaching, it's time to make an adjustment to my account. … More…
Good morning forex friends! Now that I have that rough second quarter behind me, I'm ready to rock out the rest of 2012! USD/CHF has to potential to get it started right on a potential retest of a major psychological level. If retested, will it hold? … More…
From the outside, it looked like the trading gods were all against me, but after reviewing all of my trades and reflecting on my second quarter performance this weekend, it looks like my negative tendencies from Q1 were hard to shake. Here's how it all went down...… More…
