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.
Now that I’ve moved, am settling down and almost have my new office setup, I’ve been a little more actively trading the markets. I wanted to share with you a live price action trade setup on the Nikkei 225 I opened on the 27th and closed early on the 28th.
The setup was actually a counter-trend setup. As a general rule, counter-trend setups have two consistent characteristics;
1) They are often a lesser probability setup (being pre-dominantly against the trend, thus against the order flow)
2) They often turn around faster (as with trend players will often step up to buy/sell on the cheap, trading with the trend)
Keep the above in mind as I show …... Keep reading