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!!
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 |
Good morning! Well, not so good for my trade as the euro crept up higher during Asia and European sessions. While I feel it was a good trade, I did make one small mistake...… More…
Good afternoon traders! Thanks to high-than-expected UK CPI data, and maybe some profit taking, Cable did pull back to the 1.5900 area where sellers jumped right back in. Unfortunately, the retest wasn't long enough to trigger my orders. Doh!… More…
Good morning! Despite weakening Japanese data, the Yen rallied over the past few sessions on risk-off sentiment thanks to weakening global economic data. This was not good for my technical long. … More…
Good afternoon forex friends! There's a technical setup forming on USD/JPY that looks very promising to work out, but with the US elections coming up tomorrow I'll be in "watching" mode for now. … More…
Good afternoon! USD/CHF did make its way back up to the previous area of interest and found resistance, but unfortunately risk aversion turned things around ahead of today's NFP. … More…
