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

September 2012

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Archives

September 2012
Monthly Archive

Shorting USD/JPY One Mo' Time - Trade Closed

Good evening forex friends! My boy Big Pippin' spotted a nice channel on USD/JPY, so I broke it down to the lower timeframes and saw a nice setup to short again. Check it out!… More…

Shorting the Greenback Ahead of QE3 - Closed Open Orders

Good morning forex friends! It looks like I got pretty lucky with my directional bias, but not so lucky on how deep the pullback would be. Take the jump to checkout how USD/CHF acted ahead of the FOMC meeting. … More…

Playing the USD/JPY Downtrend - Closed Trade

Good afternoon! It looks like the market got an appetite for risk pretty quickly with today's events; not good for the Japanese Yen. Check out how the ECB press conference and surprise ADP data affected USD/JPY today. … More…

"If you don't like something, change it. If you can't change it, change your attitude."
Maya Angelou
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