Hi, I'm Chris Capre, founder of 2ndSkiesForex. I'm a verified profitable trader and trading mentor. As a professional trader, I specialize in trading Price Action and the Ichimoku cloud. As a trading mentor, I have one goal: to change the way you think, trade and perform using 18 years of trading experience and cutting edge neuroscience to wire your brain for successful trading. Want to improve your trading edge and mindset? Check out my trading courses here.
Price Action Skills
“It is absolutely amazing to see how close the market behaved today when compared with your Daily Commentary from yesterday. Your ability to read price action is inspirational!”
Zoran V – Canada
Many students wonder how I see price action and market the way I do. They wonder what ‘special sauce’ I have.
From day 1, I observed price action. 45,000 hours later, and you could say I’ve picked up a few things.
However, my best price action skill for forex trading is probably surprising to you.
That skill (and all other ones I have) stem from one seed, root and source.
What is the root of all my price action forex trading skills?
The ability to read Impulsive vs. Corrective Price Action.
How is impulsive and corrective price action so special?
Think about it, what is conveyed in those impulsive and corrective moves?
I’ll make it easy for you and list all the things below:
1) Who’s in control of the market, and who is not
2) How much strength (or weakness) the buyers and sellers have
3) When they are getting in the market
4) Where they are getting in the market
5) Is momentum fading, increasing, or staying the same
6) Is the breakout likely to continue, or create a false break
7) Should I be looking for with trend, or counter trend signals
There is a lot more, but you get the point – a ton of critical information becomes available by understanding impulsive and corrective moves.
Now contrast this to what you learn from observing a pin bar. Can you tell all of the above by studying one pin bar? Can you even get close to this information by observing a pin bar at a key level?
No, or highly unlikely. You only get so much information from a pin bar, and that information doesn’t lead you to build other price action skills.
However, learning to spot impulsive vs. corrective moves does lead to other price action skills.
In fact, all of my price action skills come from this core model of understanding PA and order flow.
What Skills You Ask?
Do you have a hard time trading trends, waiting for pullbacks that never come, or breakouts that fail?
Read this article and learn how to really understand price action trends.
Are you relatively new to trading price action? Having a hard time spotting the correct direction?
Learn two quick tips for seeing the price action clearly and trading in the right direction.
Not sure how to spot Key Support and Resistance Levels?
Watch this video on finding key support and resistance levels like a pro.
Want to know When to Trade Breakouts (& When Not To)?
Learn 3 keys for identifying and trading breakouts by reading this article.
Would you like to use some cool trading software that Accelerates Your Learning Curve?
Make sure to watch this video on how to build your price action skills and enhance your forex trading strategy.
Have a Full Time Job & Have Limited Time to Trade?
You’ll need to learn set-and-forget trading. Read this article on how to maximize this strategy.
Getting Caught in a Lot of False Breakouts? You’ll Need to Learn This Strategy…
Breakouts are some of the trickiest setups to trade. Here is a method to trade the false break strategy.
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