Al Brooks Price Action – Learn how to trade a break above a wedge...

The Emini gapped up, but it quickly formed doji bars. This increased the chances of trading range price action for the next hour or...

Ichimoku Kinko Hyo – GBPUSD, USDJPY, AUDUSD – December 28th

GBPUSD Third session of bearish trend on GBPUSD. Testing of resistance area 1.4995-1.5057 seems probable (there is Tenkan-sen, Kijun-sen and (3/8)P). However as long as...

Ask Al Brooks: Trading range breakout failures

Odds of breakout failures Yeah. As you can tell from listening to me, I was hopeful at every breakout. A lot of them I bought...

Al Brooks Price Action – Learn how to day trade a trend reversal

The Emini sold off from above yesterday’s high, but the follow-through bars were bad for the bears. This increases the chances that the selloff...

Ichimoku Kinko Hyo – EURNZD, NZDJPY, GBPCAD – December 23rd

EURNZD For two sessions we can see confirmation of sell signal after crossing Kijun-sen by Tenkan-sen, both lines created resistance area on this pair 1.6205-1.6256....

Ichimoku Kinko Hyo – EURUSD, USDJPY – December 22nd

EURUSD This pair found strong support again, this time on (1/8)P 1.0803 line. So far price reached to Senkou Span B 1.0931 resistance and the...

Al Brooks Price Action – S&P500 sell signals!

Monthly S&P500 Emini futures candlestick chart: Sell signal The monthly S&P500 Emini futures candlestick chart last month formed a double top with the all-time high...

Ichimoku Daily Update – EUR/USD, NZD/USD, USD/CAD – December 21st

You can read Ichimoku strategy description here. Due to the holiday season and small volatility of the currencies, we should take a closer look at...

Ichimoku Daily Update – USDCHF, AUDUSD, NZDUSD – December 18th

USDCHF This pair is in consolidation after last decreases and price stays above support 0.9888. Here is Senkou Span B, Tenkan-sen and (5/8)P line. Resistance...

Ichimoku Kinko Hyo – GBPUSD, GBPJPY, NZDUSD, EURUSD – December 17th

GBPUSD On GBPUSD for three sessions we have another sell signal after breaking Tenkan-sen support. Yesterday area created by this line and Kijun-sen 1.5097-1.5115 was...

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