Here is my weekly trade setups and signals report. Just click on the link Price Action and Ichimoku Trade Signals to view the report.
Added by 2ndSkiesForex on August 2, 2011 at 9:04am — No Comments
Thought I'd share some of the most interesting articles of the week regarding the markets and trading:
Jesse Livermore - the trials, successes and lessons from one of the greatest traders of all time
GDP grows at 1.3% - worse than…
Added by 2ndSkiesForex on July 29, 2011 at 3:16pm — No Comments
After pretty much doing what we said it would last week bouncing to the 20ema and the look for sells after the price touches it, the pair sold off after retracing and rejecting off the 20ema and 50% fib of the last major down-move.
The pair did not dis-appoint as it sold off 233pips from high to low and was selling from market open with not even a wink higher…
Added by 2ndSkiesForex on July 27, 2011 at 8:53pm — No Comments
I just posted my new weekly article on forex price action and ichimoku setups.
To view the article, click on the link Forex Price Action and Ichimoku Trade Setups.
I also love feedback and comments so feel free to write yours and comment on this post.
For the latter part of 2011, the CHF has been beating up any currency inside the G8 and taking absolutely no prisoners. Just look at these facts;
-All time low printed in the last month for EURCHF
-All time low printed against GBP in last 30 days
-Clocked in an all time low against the USD (well - maybe this is not that special since even the Uruguayan Peso is gaining against the USD. When a country of barely 3+ million people has their currency appreciate 33% against the…
Added by 2ndSkiesForex on July 20, 2011 at 12:22am — No Comments
Added by 2ndSkiesForex on July 1, 2011 at 5:30pm — No Comments
Spot Gold vs. USD
For the first time since early February, spot gold is entering the daily Kumo which is an interesting prospect. Since the previous date, it had only 3 glances off the Kumo top but it looks poised to close insde the Kumo which would be an interesting move. This is coming on the heels of a sharp two day sell off which has taken out the gains for all of June and giving it the lowest print since late May. This could be a sign of some weakening in the shiny metal since it…
Added by 2ndSkiesForex on June 24, 2011 at 6:44pm — No Comments
Added by 2ndSkiesForex on June 23, 2011 at 4:36pm — No Comments