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.
GBPUSD – Price Action Trade Setup Profits | Nov 3
NOTE: We are now down to 14 seats left for our London Trading Seminar on Nov 14/15 so make sure to get your’s as this event has a max capacity and will fill up.
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GBPUSD – Sell Setup Rejects & Profits (4hr chart)
In our weekly members trade setup commentary, we talked about a sell setup at 1.5500 with a tight stop offering a good risk to reward trade. As you can see from the chart below, this is exactly what happened with the pair dropping about 150 pips pips before bouncing.
We actually did a trade video on this which we’ll be publishing tomorrow (assuming the video editor completes it) showing my entry, stop loss, take profit and price action context behind the trade so stay tuned.
For now, I’m keeping my range bias till we get a daily close above the ‘big figure’ at 1.55.
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