About Pick of the Day

Pick of the Day Author

At the end of each trading day, I will find what I believe is the best looking short term trade setup for the upcoming trading day. 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. Trades will be posted by 1 am ET, Monday through Thursday evening.

Read First: Trade Rules!!

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August 2006

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Last Week in Review

Posted 21:28 27 August 2006 | 0
Monday: -18 pips
Tuesday: +75 pips
Wednesday: +20 pips
Thursday: -40 pips
Total: +37 pips

It was a little bit of a frustrating week as there weren’t many market moving reports and traders are still unsure on what to do with the greenback.We still managed to grab 37 pips out of the markets…Not bad!This week should bring many traders back to the markets as we have major releases everyday except on Monday.Let’s get prepared and have a great week!

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Forex Blog: Pick of the Day

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