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

December 2012

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Archives

December 2012
Monthly Archive

Reflecting on My Q4 and 2012 Performance

Good afternoon forex friends! It's the end of 2012 already?! Time does fly by, doesn't it? Well, it's that time again where I take a moment to look back at how I did over the quarter, and reflect on how I did in 2012. … More…

Buying GBP/USD on a Pullback - Close Open Orders

Good evening forex friends! It looks like another case of deja vu as Cable pushed higher without a retracement. With the pair already hitting my max profit target and beyond, I've decided to close my open orders. … More…

Short-term Range to Hold on GBP/JPY? - Stopped Out

My day trade was stopped out as we saw a broad market rally in risk thanks to a positive surprise from German investor confidence data. … More…

Watching USD/JPY for a Technical Trade - Review

Good morning forex friends! While I didn't take a trade on it, I thought I'd review the setup for myself as it was a good lesson on trade psychology. … More…

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