GBPUSD Similar to how the Euro I discussed on Tuesday reversed with an engulfing bar + pin bar combo, the Cable is possibly attempting to bottom after losing ground for six days in a row. After forming a final flag pattern to end yesterday and start ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

EURUSD As I had discussed in yesterday's market commentary, the pin bar and engulfing bar combo highlighted did produce higher prices for the Euro, and went to the first resistance level I mentioned yesterday (around the 1.2763 area). Some of the ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hello Traders, I spotted an ii pattern on the daily charts for Silver. This is unlikely to go on much longer so a likely break soon. Check out the chart below; image

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hello Traders, Just wanted to share some commentary on the Dow Jones which is below: Skynet was offline today, along with all human traders as hurricane Sandy forced US exchanges to close today. Regardless, a key support level in 13000 is coming ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

EURUSD Staying put inside a channel/triangle, the Euro continues to oscillate virtually on a weekly basis since early Sept. Since we are still midway through the triangle, I expect it to continue as we generally do not exit triangles till later on ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Silver As I had noted two days ago, Silver was showing reducing price action spreads which communicated it was likely bottoming out around $31.50. That is exactly how it played out, and has now broken above the dynamic resistance for the last 12hrs. ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hello Traders, Just wanted to share with you a price action trade I took earlier in the day on the AUDUSD which you can see below. image Good setups like these show up daily if you have a trained eye. I recently read a post whereby their 2-to-1 ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Gold Getting pummeled every which way but loose, Gold resumed its sell-off today, now at 6 week lows and barely holding above $1700. I am noticing how the buybacks have been getting shorter and weaker in angle each time. This would generally ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hola Traders, Just wanted to show you a couple trades me, and some of my students took today. The first one is on Gold, catching a with trend pullback which you can see in the chart below. image The second one is Oil, taking a counter-trend play ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hey Traders, Just spotted a large bullish pin bar setup on the Dow Jones with the chart below. What do you think and would you take this trade? image

Price Action, Pro, And Ichi Trading with 2ndskiesforex

GBPJPY After a 5 day rally, the GBPJPY found resistance at 128.25 forming a pin bar rejection in the process. Although the last major swing was down and formed a LL (lower low), the last upswing formed a HH suggesting an increase in volatility. Key ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hello Traders, Spotted this inside bar setup on Gold which gives both bears and bulls some play for the short term. Check out the commentary and chart below; Gold Today, Gold has continued its sell-off, losing its luster as it shed over $15 breaking ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hello Traders, Am back now from vacation so expect a full week of commentary and updates, starting with my weekly highlights which are below; GBPJPY Stuck in a short term channel, the GBPJPY has had more impulsive selling than buying within this ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

AUDUSD The Kumo Break discussed last week has found its way lower as expected, even coming back towards the flat bottom and rejecting off of it twice. The pair also formed a tenkan-sen kijun-sen cross downward (medium), so the downside move could ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Yep, been traveling and in Puerto Rico now looking at some new houses Will put pics on the forum But yes, good to be back. Aussie has been interesting for sure and some of the traders made some good money on it lately so hopefully you did the same. ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hello Traders, Gold has continued what I call a 'Price Action Squeeze' over the last two days, with today forming back to back 2-way outside bars. But notice how the 20ema is carrying the price action and the 2nd 2-way outside bar formed a HL. This ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hey Traders, Just landed a few hours ago from a long intercontinental flight, but wanted to show what looks like a price action squeeze happening on Gold, possibly in anticipation of the ECB or NFP which could provide the fuel for the breakout. Take ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Hey Traders, Gold has formed a daily outside bar which can be an interesting reversal signal, especially when it forms a 2-way outside bar like this one. What is interesting is how the sell-off ensued as it has formed two pin bars suggesting the ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Weekly Price Action & Ichimoku Highlights | Sept. 30th-Oct. 5th — EURJPY After peaking at 103.50 about a week and a half ago, the EURJPY has formed two N waves down which is leg 6 of the wave count. This is hinting there is likely another ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Nicely done Dart. There was a similar play in the EURUSD as well using the same method but glad to hear you did well on this play. Kind Regards, Chris

Price Action, Pro, And Ichi Trading with 2ndskiesforex