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.

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Pick of the Day: None

Posted 22:58 28 August 2007 | 1

With the lack of any major events within the next 12 to 24 hours, I don't see much movement for tomorrow. We will probably see more range trading or maybe more risk aversion throughout the day. So no trade tonight, but stay tuned as we may have something to roll with if any surprises comes in global events.

Comments (1)

Im personally short EUR tonight. :)
swordofrue | Posted 23:35 28 August 2007

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Forex Blog: Pick of the Day

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