Forex Price Action Trades of the Week | Apr 12th

inside bar price action 2ndskiesforex

Over these last two weeks, we had a lot of contenders (too many) for our trades of the week article. Using both sets of weapons, we had forex price action, and ichimoku trading strategies that profited heavily this week.

Our top winner was a fantastic trade capturing +345 pips on the GBPJPY for +3.83R!

#1 CHFJPY 3 Separate Breakout Trades for +2.1R

Here the student aptly caught a breakout before it cleared the key level. They spotted the momentum build-up and price action squeeze, along with the strong breakout bars, suggesting the pair was forming a breakout. 

They took three trades, the first prior to the major breakout, while adding two more positions after the level was cleared. Taking profit …

... Keep reading