Second Skies

Gold – Buy Signal Off 1306 Profits Heavy Yesterday in our daily market commentary, we maintained our bullish bias, and suggested looking to get long off 1306, having 1320 as your first...

Crude Oil – Still Holding at 105 SupportLast week we talked about buying on a pullback to the 105.21 – 104.75 area. This trade setup worked out gaining over +150 points in the process...

Gold – Correcting Near the Highs Since the big explosive gains from last week, the precious metal has been correcting near the highs, holding a range between 1306 and 1321. The fact the yellow...

Where’s Draghi when you need him? It seems unless the head of the ECB is speaking, the Euro goes dull. After finding a small base just above 3500, the Euro bounced but ran into sellers in...

S&P 500 – Makes All Time Highs Gaining now for the fourth day in a row, the S&P 500 has made a new all time high, with an intra-day print of 1958, closing just above 1956. Generally...

XAUUSD – Sell Setup Plays Out for Profit, But Strong Rejection In yesterday’s daily market commentary, we talked about the daily pin bar, and suggested selling just under 1273. The pair...

Gold – Daily Pin Bar at Key Level After an impressive run up from 1240 to 1284, Gold found a combination of sellers along with medium term bulls taking profit, and in the process forming a daily...

EURUSD – Line of Least Resistance As we’ve been stating in our members commentary, with the Euro selling off all but one day for the last 5 (now 6), and with the consolidation, plus...

AUD/USD – Approaching Large Range Resistance Today the Aussie formed a daily pin bar near key resistance of the two month range, just poking above 9400 on the day, rejecting lower, but...

NZD/USD – As We Suggested, Bullish Pressure Continues In yesterday’s members commentary, we discussed the dual pin bars, but commented how we did not like to short these in...

EUR/USD – Long Trade In Play, Bullish Bias Above 1.3580After the long tailed pin bar that we discussed last Thursday, the euro pulled back a little bit towards the top of the consolidation...

Gold – Looking Weak, And Possibly a Deeper Breakdown For the last 5 days, Gold has been consolidating on the lows of the recent downtrend, barely holding onto the 1242 support level...

NZDUSD – Sell Signal @ 8515 Profiting Heavily In our members commentary from May 28th and 29th, we suggested getting short at 8515 and the key role reversal level for a move lower. The pair...

GBPJPY – Wide Range to Play After breaking out of the ascending triangle, the GBPJPY has now entered a wide range between 169.60 and 173. With volumes continually declining and the summer...

Dax 30 – Pullback Setup After All Time Highs Printed After 5 days of bullish closes, the German index finally printed a bear bar, which seemed appropriate as it has made all time highs...

GBPJPY – Corrective Structure Suggesting Breakout The GBPJPY which we talked about in our weekly market commentary, has been in a corrective structure after the large engulfing bar + false...