About Chris Capre

Chris Capre (Head Trader - 2ndSkiesForex) provides weekly forex, stocks, futures, commodities, and CFD trade setups, trade ideas, technical analysis and market commentary. Chris Capre uses his core models of trading price action context, the order flow behind it, and the ichimoku cloud. We have free market commentary published on our site every Sunday or Monday, while we offer daily trade ideas and price action analysis 4x per week for the members of our price action course. To learn more about becoming a member, click here.

Weekly Price Action Setups & Trade Ideas | Aug 11-16

Dow_Jones_30_-_False_Break_At_LT_Resistance

Chris Capre’s current live open price action and ichimoku trades: AUDNZD, AUDCAD, SLV, AUS200

New to Forex? Then check out my FREE Learn Forex Trading Course with videos, quizzes and downloadable resources

Did you see my live trade setup on the AUDCAD? Don’t miss how I grabbed a quick +125 pips of profit breakout trading with a near perfect entry.

EURUSD – CT False Break @ Key Support (Daily chart)

Price Action Context

After sellers failed to produce a bearish continuation after the false break below the key support around 1.11, bulls rushed back in, pushing price back above the MT support.

Trending Analysis

LT bias is bearish and sellers can look for potential shorting opportunities on rallies into resistance …

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