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.
Live Price Action Trades of the Week | Dec. 22nd
While we are not writing any market commentary articles this week as we are not trading, we wanted to share some great trades from our students over the last few weeks. Some of them show some fantastic entries, some showing some aggression and maturity making several trades in the same move, while others capturing the lion’s share of the momentum. But they are all good trades and thus made this week’s winners.
Here the student uses one of our order flow reversal models capturing a reversal setup & trading with the trend closing the first trade for +15 pips each lot, then re-entering grabbing +44 pips across their two lots.
Here is a great tailed bar setup with a tight stop loss grabbing +3.3R & +30 pips in less than 2 hours.
Here is some excellent intra-day price action trading on the AUDUSD 5m chart taking two entries trusting their key level, grabbing +6.1 and +6.5R on two trades. Keep in mind, those trading only daily chart time frames would have to capture +1200 pips on two trades just to match this performance.
And the winner for this week is a great example of maturity and aggression attacking the same momentum move with three separate trades. This is why its far superior to trade price action order flow and context instead of trading pure patterns (such as pin bars, inside bars, and engulfing bars) by themselves.
But when you learn to read the price action context intra-day in real time, you can spot several opportunities in one momentum move. Excellent work here.
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