Live Price Action Trades of the Week | Aug 30th

We had several trades this week which definitely qualified, but will share 4 excellent trades, with the top one gaining over +500 pips! These are all trades as shown from the brokers chart – showing the exact entry and exit points our students took using our price action methods. How many of these trades did you spot?

#1 +79.2 Pips GBPJPY 1hr Chart
gbpjpy live price action trade breakout 2ndskiesforex

This is an excellent example of a breakout trade capturing the 3hrs of strong momentum.

#2 4R trade on USDJPY 1min chart
intra-day trading 1min chart price action 2ndskiesforex

Who says there are not good setups on the intraday time frames under 1hr? You can click on the image to see the entry and exit arrows, which are yellow and blue on the right side of the chart. This is an excellent with trend setup on the 1min chart, capturing +25 pips on less than a 7 pip stop.

#3 _121 Pips GBPJPY SBar Setup
live price action trade gbpjpy +121 pips 2ndskiesforex

Using our SBar setup, this trader captured an excellent with trend setup on the GBPJPY, while catching the virtual bottom in the swing for the week.

#4 +510 Pips EURNZD Trade!
eurnzd live price action trade chris capre course 2ndskiesforex

Capturing a 4R setup and over +500 pips, one of our newer students found this great setup on the EURNZD, holding it for a long bull run, showing patience and good skills reading the price action.

In Closing
Congrats to all the students this week who made some excellent trades. These are the types of trades we find on a daily basis. As you will see, many of them are not based on a single bar pattern, nor are they only on the higher time frame charts. They are anywhere from the 4hr to the 1hr to the 1m. This is because there are high quality A+ setups on any time frame. When you learn to read price action, the skills can be done on any time frame, instrument or environment.

Also keep in mind, none of these traders had to sit around for days waiting for setups. They are finding them daily all the time, often several setups a day. This not only keeps your more engaged and gives you more opportunities to make money, but also increases your learning curve tremendously.

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Buddhist, Trader and Philanthropist

I'm Chris Capre, Founder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action. As a teacher, my passion lies in showing you how to re-wire your brain for successful trading. Want to improve your edge right now? Visit my Price Action Course page.

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  • ferb

    Great Trades!

    • Thanks Ferb.

      Glad you liked them.

      Kind Regards,
      Chris Capre

  • Gen

    Thoroughly enjoyed the EUR/NZD
    Didn’t get the 510 pips but took home a good amount

  • ekele

    Wow,awesome trades,
    pls on a very different note,im a newbie to fx and looking for a good broker could you recommend any.im considering fxcm but dnt knw if they have tight and stable spreads,and if they allow trades with micro lot-0.01 lot.thanks

    • Hello Ekele,

      They have quite stable spreads as they have great liqudity. As to the micro lots, not sure, but Oanda does for sure.

      Hope this helps.