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.
EURUSD – Will the Uptrend Continue?
For the last 17 days, the EU on the 4hr chart has held above the dynamic support and 20ema. We went 3-for-3 last week on our buy reco’s using this, so hopefully you profited from this, but will the uptrend continue? Although the daily charts show downside wicks and rejections (communicating a buy on dips order flow), the intraday charts are starting to look a little tired. So watch for a potential range or deeper pullback to emerge before the next direction comes. Key support comes in at 1.3200/3181 while resistance at 1.3384. I’ll look for buy signals towards 1.3181 if it pulls back correctively.
GBPUSD – Stronger of the Two?
Between the Euro …