Today had produced some interesting price action plays, so I wanted to share with you two trades that I took today.  I am going to break down exactly what I was reading  from a price action perspective, what my analysis was, how I took each trade, including the entries, stops and limits, and why I chose them based on what I was seeing in the price action.

...excerpt…

Chances of QE3 Increasing – $500 Billion in MBS Purchases?

With various dangers lurking to undermine the US recovery – contagion of euro-zone sovereign debt crisis, a persistently high …