I have been working on a thought experiment for traders here that I will be doing a webinar on in about a month, but before that, wanted to ask all of you traders a question which I think will produce some interesting answers.

 

The question is the following;

 

What would you feel like if you were a highly successful trader?

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We have been getting a lot of questions from newer traders to price action on what is price action and how can one do price action trading.  What we are going to cover is the traditional definition of price action, how we approach it differently than others, and how can one trade price action in the forex market.



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Our weekly report with some great price action and ichimoku setups is out.  To learn more, click on the link above.

Kind Regards
Chris Capre
2ndSkiesForex.com
Twitter; 2ndSkiesForex 

Before anything else, preparation is the key to success.

-Alexander Graham Bell

Many times I talk to my private course students and ask them what they do to prepare for the day's trading. These are the general responses I get;

-Drink a cup of coffee, maybe two

-Check out what announcements are coming out

-Look at the markets and then get ready to trade



 

And it ends about there.  To me, this is somewhat shocking.  Perhaps…

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Our new site is live along with our new Forex Trade Setups on the AUDUSD and USDCAD.  To learn more, check out our link Forex Price Action Setups Oct. 10th.  



Enjoy!



Kind Regards,

Chris…

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Yesterday was my first day back at the range in a week.  I had some problems with my shoulder so was resting it, but yesterday it felt better.  Even though I've been shooting for over a year now and won two competitions, there is still a lot of work to do.

I was shooting decently consistent to start off yesterday...scoring a 10 (perfect), a 9 (in the gold center) and an 8 (red - one level off from the gold center) for every 3 shots (round) from 18m which =…

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After taking a beating via the CME margin hikes along with some mutual fund redemptions, Spot Silver is starting to show price action signs it is forming a bottom.  



As we blogged about this Monday talking about the pinbar setup, with the key rejections off of the $29 level holding, we suggested taking longs there targeting the 20ema and then $33.… Continue