About Pick of the Day

Each day, I will try to find what I believe is the best looking short term trade setup for the upcoming trading day or week. 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. I will post my ideas and/or reviews through out each session right here, on Twitter and on Facebook.

Read First: My Trading Framework!!

Del.icio.us Bookmark

Technorati Favorite

Latest Posts

June 2006

S	M	T	W	T	F	S
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30

Trade Review: EUR/USD

Posted 7 years ago | 11:05 PM | 08 Jun 2006 | Comments

Well, the ECB raised rates 25 basis points to 2.75% and we did not see the highly unlikely raise of 50 basis points that would have caused EUR/USD to hit our entry. After the report was released we saw the dollar gain a lot of ground today, and it moved far, far away from our entry point. Oh well...on to the next trade!

No trade entered.