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.
Chris current open positions: GBPCHF, EURCHF, EURGBP, PLUS, BIR
NOTE: Want to trade forex breakouts? Learn more by reading my free article on trading breakouts.
EURGBP – Back at ST Support After Strong Selling (4h chart)
The MT resistance we covered in our daily trade ideas on Monday was well defended by the bears who after a few attempts by the bulls to push through, did send price back to the ST support zone (0.8710 – 0.8730).
As mentioned in our mid-week quiz conclusion this ST support is located right above a wider MT support zone (0.8665 – 0.8700) and IMO, both can offer solid potential trading locations to bulls, depending on aggressiveness and holding time, with closest resistance being …... Keep reading