In Fridays trade, we saw the pair drift lower as expected, but without any retracement. No trade entered.
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Every day, I will try to find what I believe is the best looking short term currency trade setup for the upcoming trading day or week. If you're a forex newbie, it can be tricky trying to figure out how to look at charts and draw lines. My goal is help you understand the psychology behind price movements in the foreign exchange markets, so you can learn to analyze your own currency 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.
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Thanks to the Cowabunga System rules, I was able to avoid two potential losing trades today. See how it all went down in today's Cowabunga Surf Report. ...Read More