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- Chris Capre replied Jan 24, 2013
Hello Coondawg, whoa, those charts are a little...messy for me to really understand. But, if it works for you, I support it and hope you consistently profit from it. Kind Regards, Chris Capre
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- Chris Capre replied Jan 23, 2013
Hey Traders, Although I'm not totally convinced the GBPJPY has formed a short term bottom, it is showing some signs of it near term with a few pin bars and a HL (higher low) off the recent 139.50 area. First hurdle is 141, but after that, all clear ...
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- Chris Capre replied Jan 23, 2013
Hello Traders, While a majority of the pairs have remained range bound, I have been focusing on Gold as of late, which is forming a pre-breakout price action squeeze on the 4hr chart. Looking at the chart below, the pair has definitely come up ...
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- Chris Capre replied Jan 23, 2013
Hello Hwaand, Thank you for the positive comments and sharing your experience. I take great pride in my work, so comments like these just reflect back to me that I am doing my work well, and continue to inspire me to work with people like you. ...
Price Action, Pro, And Ichi Trading with 2ndskiesforex
- Chris Capre replied Jan 22, 2013
Hello Traders, I just wrote an article called 'Trading is Not a Fashion Contest' which you can read some below; There seems to be some fascination with newer/beginning traders to find this perfect setup, this small set of circumstances that give ...
Price Action, Pro, And Ichi Trading with 2ndskiesforex
- Chris Capre replied Jan 21, 2013
Hello Traders, With the US Markets closed today for MLK day, price action has been slow, so will not make any moves till London starts spinning the tires. But am looking at Gold which is in a range that should break soon (likely tomorrow). Chart ...
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- Chris Capre replied Jan 16, 2013
Hey Traders, I'm looking at several of the major indices, particularly the S&P 500 which is not really inspiring bulls by the price action just under the multi-year highs at 1475. I'm anticipating a possible bull trap breakout, so if you see an ...
Price Action, Pro, And Ichi Trading with 2ndskiesforex
- Chris Capre replied Jan 16, 2013
Hello Traders, Watching a few things today, one that has caught my eye along with many today, is Silver. $31.51 is a key upside level for the precious metal, as its a swing high resistance level for almost a month now, and formed a pin bar rejection ...
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- Chris Capre replied Jan 15, 2013
Hello Traders, As mentioned in my weekly market commentary, the EURJPY has been showing a lot of price action signs of breaking down and reversing the long uptrend. Earlier today, it formed an engulfing bar, but to mark the intraday lows, it formed ...
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- Chris Capre replied Jan 14, 2013
Hello Traders, I'm also watching the GBPJPY as its exhibiting similar behavior to the AUDUSD chart I posted above. Bull trends tend to pullback towards the dynamic support and 20ema, along with to a prior swing high, which often becomes a breakout ...
Price Action, Pro, And Ichi Trading with 2ndskiesforex
- Chris Capre replied Jan 14, 2013
Hello Traders, Just wanted to share some potential price action setups on the AUDUSD. The pair failed at the key 1.0600 resistance area, then pulled back to the role reversal level at 1.0522 where it found support before bouncing higher (chart ...
Price Action, Pro, And Ichi Trading with 2ndskiesforex
- Chris Capre replied Jan 13, 2013
Hello Traders, Here are a couple of charts I'm looking at for the week as offering some good price action setups in the near term. EURJPY Recently breaking into the stratosphere as of late, the EURJPY the pair is approaching a big figure at 120.00, ...
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- Chris Capre replied Jan 11, 2013
Crude Oil On Wednesday this week, I opined in my forex commentary that Crude Oil was prime for a breakout around the $93.75 level which had acted as resistance during this recent uptrend. In my commentary, my suggestion was to look for a breakout ...
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- Chris Capre replied Jan 9, 2013
Hello Traders, I'm looking at the price action on crude oil which is offering several possibilities to get in with trend, including several pin bars, key support and resistance levels, and a possible breakout pullback setup. Chart below. image
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- Chris Capre replied Jan 1, 2013
While the market is closed, I still find it a great time to study and learn, taking things to the next level. Normally I am sharing my live price action trades, but I wanted to share some live price action and ichimoku setups from my members. Many ...
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- Chris Capre replied Dec 29, 2012
Hello Misterboy, Correct, most of the ichimoku systems do not have a fixed take profit, but work to capture as much of the trend as possible. In regards to the shadow systems, some of them have a fixed TP, some do not - similar to the Ichimoku ...
Price Action, Pro, And Ichi Trading with 2ndskiesforex
- Chris Capre replied Dec 26, 2012
Hello Misterboy and Knucklehead, First off, Knucklehead is one of my top students (not just in the Ichimoku Course, but all of them). He's been with me a long time and has really developed into a damn good trader. Although you do not need to combine ...
Price Action, Pro, And Ichi Trading with 2ndskiesforex
- Chris Capre replied Dec 25, 2012
Hola Misterboy and Feliz Navidad to you as well! In regards to your questions; 1) min. risk/reward is 1:1, but many of the trades can go for large runners, with some students posting 1:4, some up to 1:9! 2) min. accuracy over 54%, highest around 75% ...
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- Chris Capre replied Dec 20, 2012
Hello Traders, Am watching the EURUSD which has made an impressive lift-a-thon lately climbing 400+ pips in about 11 days. It has formed a LH and pin bar in the process, so the uptrend may stall here and start to reverse lower. 1.3300 is a critical ...
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- Chris Capre replied Dec 17, 2012
Hola Traders, Today i'm checking out Crude Oil which has been showing signs of accumulation buying and formed two intraday breakouts. Am watching pullbacks towards $87.66 and $87.10 to possible get long. Chart below; image
Price Action, Pro, And Ichi Trading with 2ndskiesforex