Pick of the Day: No Trade

I’ve been reading news reports and looking at charts all day and to be honest, there really isn’t a trade jumping out at me. It’s been a range bound week for many pairs with the lack of significant economic reports and I think tomorrow is probably going to be the slowest day of the week. Also, I do not see any chart patterns that has a high enough probability of being profitable. So, I am going to hold off on a trade idea until tomorrow evening and hopefully then we’ll see something form.

P.S. – Don’t forget to check out Big Pippin’s and Pipcrawler’s new signal blogs!