2ndSkiesForex's Blog – October 2011 Archive (8)

Trading Lessons from the Archery Range pt. 2

Yesterday was the most interesting class at the range in the last year and a half.  Not because it was the last class before I move to another country, but because of the exercise we practiced for an hour and a half. It required an absolute sense of awareness with one's technique, feeling and positioning, but it required something else.  It required one to go against temptation.



 

The Exercise

After…

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Added by 2ndSkiesForex on October 30, 2011 at 9:34pm — 1 Comment

Willingness, Responsibility and Ownership

Willingness

One of the key qualities you will find behind all successful people (across all fields of work and craft) is a 'willingness'.  A willingness to take full responsibility for their efforts, actions and results.  A willingness to take ownership of every step along the way from training, to the process, to daily actions and the…

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Added by 2ndSkiesForex on October 23, 2011 at 10:30pm — 2 Comments

Forex Trade Signals and Setups Oct. 17th

We have a good one that we just completed covering price action setups on the EURUSD and an Ichimoku Analysis on the DJIA.

To learn more, click on the link Forex Trade Signals and Setups

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

Added by 2ndSkiesForex on October 18, 2011 at 12:16am — No Comments

Your Equity Threshold and The Psychology of Money

A Brief Story

We had this one trader (we'll call him James) at the broker who had been trading a small mini account (about $3,000) for several years. James could consistently bring it to about $10,000 in a matter of months. As he got to $10,000, James would then take $7,000 out and start all over again, only to do it again and again.



 

Eventually we all noticed James's ability to do this.  Some of the people on the prop trading desk checked…

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Added by 2ndSkiesForex on October 16, 2011 at 9:31pm — 7 Comments

Forex Price Action Trade Setups Oct. 10th

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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Added by 2ndSkiesForex on October 11, 2011 at 12:43am — No Comments

Trading Lessons from the Archery Range (pt. 1)

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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Added by 2ndSkiesForex on October 9, 2011 at 8:35pm — 3 Comments

Spot Silver Forming a Bottom?

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

Added by 2ndSkiesForex on October 6, 2011 at 3:17pm — No Comments

Forex Trade Setups and Signals Oct. 3rd

Yep, our weekly Forex Trade Setups and Signals is out along with some really good commentary on the Euro and Silver.

To learn more, click on the link above.

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

Added by 2ndSkiesForex on October 3, 2011 at 5:30pm — No Comments

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