Ichimoku Kinko Hyo – USDJPY, GBPAUD – December 16th

USDJPY This pair is close to first resistance area 121.90-122.04 set by Tenkan-sen and Kijun-sen. These lines crossed lately giving sell signal and Chikou Span...

Al Brooks Price Action – Learn how to trade a sell signal

Monthly S&P500 Emini futures candlestick chart: Double top The monthly S&P500 Emini futures candlestick chart traded below the November low. This triggered a monthly sell signal...

Ichimoku Kinko Hyo – GBPUSD, NZDUSD, EURGBP – December 14th

GBPUSD This pair is close to Senkou Span B 1.5201. Chikou Span B for the first time is above the screen, what can be a...

Price Action Daily Setups – GBPCAD, USDCHF, USDJPY – December 14th

GBPCAD There was quite clear Pin Bar pattern on this pair on H4 chart. Unfortunately buy limit order was not activated and price reached to...

Al Brooks Price Action: Online day traders will watch for a breakout

The Emini continued its trading range price action from yesterday. Day traders need to see a strong breakout with follow-through up or down. The...

Price Action Daily Setups – EURAUD, GBPCAD, GBPJPY, USDCHF – December 11th

EURAUD I noticed that on this pair there was Inside Bar setup in the progress. It finally showed up in form of fake breakout. This...

Ichimoku Kinko Hyo – NZDUSD, AUDUSD, USDCHF, GBPUSD – December 10th

NZDUSD Yesterday, after RBNZ decision about interest rates cut NZDUSD gained quick to resistance at 0.6775. Markets reacted like this because everyone expect that this...

Price Action Daily Setups – EURAUD, GBPAUD, GBPCAD, GBPJPY, USDCHF, USDJPY – December 10th

EURAUD Yesterday there was a strong correction on this pair. Price was just above the support and now I will watch H4 chart in looking...

Ichimoku Kinko Hyo – WTI crude oil, heating oil – December 9

You can read Ichimoku strategy description here. WTI crude oil After the last meeting of OPEC countries, when daily oil production limits were raised, crude oil...

Al Brooks Price Action – Learn how to trade a sell signal on the...

The Emini gapped below yesterday’s low and sold off on the 1st bar, but reversed up strong strongly. The follow-through has been disappointing, which...

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