2nd Skies Trading

Forex Strategies

Reversals are one of the most common elements in markets traders are wanting to either know of to avoid or confirm their trade. The clues to whether a reversal is in play are hidden in the price action and easily […]

In one of our previous forex tip articles, we wrote about the inside bar and how it is an important price action formation that can offer great trading opportunities.  However it is important to note not all inside bars are

The Breakout-Retest Trade Here is a simple price action strategy anyone can trade on almost any time frame. This forex breakout strategy is based upon a simple price action formation called the Breakout-Retest formation. The key element involves price breaking

Effective Trailing Stops One of the most common questions I get from traders is how to trail a trade.There are several solutions and one of them is to have two targets whereby the 1st one gets easily hit and then

One of the most difficult challenges for traders is finding forex entries and exits. It’s an important question that needs to be answered and can determine if you are; 1. getting in at the correct location 2. can have your

We have gone over one method to use the 20ema for getting into trends after they have materialized and gotten underway. In this article, we will talk about another common setup trends often form giving us as traders another method

  One of the amazing things about the Ichimoku Cloud trading strategy is the actual Cloud or ‘Kumo’ which is something unique wherein nothing like it was created before and nothing sense has come after. The Ichimoku Cloud or Kumo

Using the Ichimoku Cloud to discover Reversals One of the amazing things about the Ichimoku Cloud is the actual Cloud or ‘Kumo’ which is something unique wherein nothing like it was created before and nothing sense has come after.The Ichimoku

Traditionally, the Ichimoku Cloud is known for its ability to pick up trends and keep traders in them until they are over.It should be noted that any system or method which is good at finding trends is also good at

Tenkan Line

This is by far the most popular of the trading methods in the Ichimoku Cloud trading arsenal. It is simple, elegant and great at picking up trends and trend reversals. If you like trading trends or momentum trading, the Tenkan/Kijun cross

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