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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Trade Review: AUD/USD

Posted 19:07 20 August 2006 | 0

In Fridays trade, we saw the pair drift lower as expected, but without any retracement. No trade entered.

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"There are no secrets to success. It is the result of preparation, hard work, and learning from failure."
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