2ndSkiesForex's Blog – February 2012 Archive (6)

4 Keys To Improving Your Trading Process

In a constant effort to refine the trading and educational process in helping traders become profitable, I have put together this article which will give you five keys to improving your trading and particularly help with the learning process to becoming a successful trader.



 

Key #1:  The Zone of Proximal Development



 

This is the idea that learning works best when you the trader tackle something that is just beyond your current…

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Added by 2ndSkiesForex on February 27, 2012 at 11:28pm — 13 Comments

How Many Patterns Do You See Here? A Forex Trading Quiz - Chris Capre

I have been working really hard lately on my upcoming book 'Trading Price Action' which I am seriously looking forward to finish and deliver to the world at large.  Currently I am dissecting a chapter on pattern recognition and came across this interesting chart.  In trading, we often look for fixed patterns we are trained to see, such as;…





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Added by 2ndSkiesForex on February 21, 2012 at 1:08am — 25 Comments

Ode to The 4hr Charts...

I want to share with you some results and tell me if you think these would be considered professional grade, or highly impressive to say the least;



110% gain for 2011

124 Trades, 74 winners, 50 Losses

59.67% Accuracy Rate

Largest Win: $14,360

Largest Loss: $8,180

Max Win = 43% larger than Max Loss

Max Consec. Wins: 16

Max…

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Added by 2ndSkiesForex on February 15, 2012 at 5:30pm — 23 Comments

Forex Trade Setups, 5 Years, and the Competition

Just finished our newest Forex Price Action Setups where we go in depth on the AUDUSD and EURUSD.  To learn more, visit the link above.

Looking forward to your feedback on what you are seeing with them as well.

Kind Regards,
Chris 

Added by 2ndSkiesForex on February 14, 2012 at 12:59am — No Comments

Your Brain, Trading and Finding 'The Zone' - Chris Capre

I just wrote my newest article called Your Brain, Trading and Finding 'The Zone'.  







In the article, I explore what you need to do to develop that…

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Added by 2ndSkiesForex on February 9, 2012 at 10:42pm — 10 Comments

Intraday Price Action Trading - Chris Capre

Today had produced some interesting price action plays, so I wanted to share with you two trades that I took today.  I am going to break down exactly what I was reading  from a price action perspective, what my analysis was, how I took each trade, including the entries, stops and limits, and why I chose them based on what I was seeing in the price action.

...excerpt…

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Added by 2ndSkiesForex on February 3, 2012 at 12:48am — 2 Comments

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