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! Price action was a snoozer this week, but it did go my way just enough to get me into my long USD/CHF position and into profit. Unfortunately, today's mixed US data changed that pretty quickly. … More…
Good morning! USD/JPY played out in my favor as the pair retested the previous resistance areas and held. With technicals signaling short term minor support--and the BOJ decision coming soon--I decided to close out my trade. … More…
Good evening forex fans! After sitting on my position for a few days, it looks like it worked out well thanks to the two most powerful figures in the markets holding back from taking action this week.… More…
