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- About Myself
- Price Action Trader, Ichimoku Trader, Philologist, Archer, Business Coach, Fund Mgr, Buddhist, Forex Educator, Micro-Loaner, Soon to be Author
http://2ndskiesforex.com/
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- Deadly
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- Barclays, HSBC, FX Pro
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Forex Price Action Setups - China Slowing, Fear & Loathing in Europe - May 24th
Posted on May 24, 2012 at 11:00pm 0 Comments 12 Likes
China Slowing Down, Fear & Loathing in Europe
Prior to the London open, the China HSBC Flash Manufacturing came out worse than expectated, alarming investors globally since the motherland slowing down is a big concern as the weakening output affects all. This initially sent the AUD and NZD lower but both recovered shortly after to hold modest gains throughout the day.
The situation did not get any better with German manufacturing also…
Continue Forex Price Action Setups - Euro Hits Near 2-YR Low, Grexit Fears Persist May 23rd
Posted on May 24, 2012 at 12:11am 4 Comments 13 Likes
Euro Hits Near 2-Yr Low, Grexit Fears Persist
The Euro got hammered in NY trading dropping 120+pips in about 3 hours as the EU summit didn't really calm any fears of an eventual Grexit from the EZ. Of course EZ officials telling members of the currency bloc to prepare contingency plans for an exit are not helping.
Oh yeah, did we forget to mention European banks have the highest loan-to-deposit ratio in the world (3x that of the US banks)?…
Meet my new IT Support Staff...
Posted on May 23, 2012 at 11:56pm 4 Comments 14 Likes
Definitely need to keep him happy :-)
Talk about security...
Choose the Webinar 2ndSkiesForex.com
Posted on May 21, 2012 at 2:58pm 0 Comments 6 Likes
In conjunction with FXStreet, I am doing a webinar whereby you get to choose the topic!
Just go to the facebook page for the webinar here;
Chris Capre FXStreet.com Facebook Webinar Choose the Topic
Choose from any subject related to trading so make sure to cast your vote.
You have from May 28th to vote so make sure to do it soon.
The webinar will be on Thursday June 7th…
Comment Wall (10 comments)
- At 12:46am on July 4, 2011, Lisa said…
I really enjoy your work & presentation skills
- At 6:40am on July 4, 2011,
ADEEB SARTAWI said… - I found your last discussion very interesting and positive.
- At 7:53am on July 5, 2011,
Francesc Riverola said… Hi Chris
Love your blog... Thanks for sharing it here at Forexstreet.net
Francesc
- At 11:41am on August 16, 2011,
oluwasegun agoro said… - i love this aticule, it will really help me to make the necessary adjustment where needed..thanks
- At 11:52am on August 16, 2011, 2ndSkiesForex said…
- Hello Oluwasegun,
I am glad you liked the article and hope it helps you with your trading.
Kind Regards,
Chris Capre
- At 12:58pm on May 8, 2012, skeptical successful said…
lets meet in the fxsteet webinar today at 10am ^_^
- At 5:22pm on May 8, 2012, Raj said…
Hi Chris,
On average how long would you say it will take an average person to become consistently profitable if they follow say, some of the systems in the PA course with discipline. And is it realistic to expect to end every week profitably if one only trades 4hr and daily timeframes?
Thanks!
- At 4:36pm on May 17, 2012, Raj said…
Hi Chris,
When you test systems, what is more important, the amount of time or the number of trades? And how many trades is good enough as a test?
- At 4:46pm on May 17, 2012, 2ndSkiesForex said…
Hello Raj,
Both are equally important but obviously depends upon the frequency the system trades. Regardless, I'd want nothing less than 3yrs of testing for any system before using it on a live forward test. But there is no set amount of trades as each system has different trading frequencies. Ideally the min would be about 500+ on the low end and several thousand on the upper end.
Hope this helps
Kind Regards,
Chris
- At 2:56pm on May 18, 2012, Raj said…
Thanks, that helps a lot :)
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