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 | Oct 14 - Oct 19

gold breaks key resistance level 2ndskiesforex

Chris Capre’s current price action and ichimoku trades: EURCHF, USDMXN, BIR, TLS

NOTE: Want to get a job trading for our hedge fund? Interested in knowing ‘before‘ you actually make your trades whether you’re more likely to win or lose your next trade? Click here to learn about our new Peak Performance Trading program with NeuroTrader & 2ndSkiesForex.

XAUUSD – MT Key Resistance Taken Out (4h chart)

Price Action Context

After roughly 2 months of consolidation, bulls took control this week and cleared the key resistance zone ~1215 which changes the price action context and structure.

Trending Analysis

MT bias changed to bullish after the break of this key resistance which now should act as support. Looking …

... Keep reading