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2ndSkiesForex
440 followers -
Professional Forex Trader using Price Action and Ichimoku Models for trading the FX Markets.
Professional Forex Trader using Price Action and Ichimoku Models for trading the FX Markets.

440 followers
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2ndSkiesForex's posts

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4 hours in, sweat on my forehead, a sore left knee and one feeling of exhilaration, I completed the 10,000th mantra. Yes, for over 240 minutes (minus the necessary 1 minute ‘loo break’) I chanted the same 9 Tibetan words 10,000 times in a row. Personally,…

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EURUSD – Larger Range in Play, ST Bullish Bias Building (daily chart) Climbing for 6 of the last 8 days, the Euro is in a large range between 1.0825 and 1.1435 with the lower boundary holding 3x now. ST the bias is slightly bullish in the face of such…

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Nikkei 225 – Range Support Holds, Breakout on Hold (4hr chart) Earlier this week we noted the potential pre-breakout scenario on the Nikkei forming. That didn’t happen, and shortly after, the PBOC intervened, weakening the Yuan vs. the USD. Needless to…

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In this video I show two live price action setups where I am using the pyramiding trading strategy to trade with the trend, maximizing profit. You can learn more about pyramiding into trading positions in my price action course where I use these exact…

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USDJPY – Volatile Trend, Still Looking to Buy (4hr chart) Making a new monthly high today after China intervened in the FX market, the USDJPY continues to find buyers on pullbacks while forming a volatile price action trend. For now, there is a decent…

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Nikkei 225 – Building For An Upside Breakout (4hr chart) Minus the spike low on July 7/8, the Nikkei 225 has remained above the key support at 20045 with the Japanese index building a higher base for the last two weeks straight. This upside pressure in…

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NOTE: NFP is tomorrow so be mindful of the normal event risk parameters. Gold – Corrective Structure Near Key Support Still Holding (4hr chart) After getting hammered in the earlier part of this month, Gold has formed a corrective price action structure…

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EURUSD – Breaks Key Support, Bearish Bias (4hr chart) The Euro took out the key support today around 1.0895. This level had held for the last two weeks with the prior two bounces creating a 200 pip bounce. The break and close below it today suggests more…

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Being the last in a line of 6 kids, my closest brother growing up (Mike) was 2.5yrs older. This translated into him being a lot bigger (and taller) than me. In my early years, my parents would often go to the movies and leave us home. Back then, cable TV…

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AUDUSD – Pin Bar Rejection At Key Level Holds Again (4hr chart) Last week we talked about shorting the AUDUSD at the key level and RRL – role reversal level at 7350. As you can see from the chart below, this level has held 3x offering profitable trades…
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