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...