Second Skies

EURUSD – Had a Feeling… As mentioned in the members commentary yesterday, we didn’t like the way the EURUSD pin bar trade was behaving, so we exited for a tiny tiny profit. Turns...

WTI Crude Oil – Offering With Trend Breakout Pullback Setup In our weekly market commentary, we talked about how Crude Oil had formed two accumulation periods that suggested likely higher...

EURUSD – Pin Bar Signal Active, But… Our Euro pin bar signal that we posted last Friday is active on the pullback into the 1.3689/70 area. The pair ended last week with some mild selling...

Gold – Tentative Price Action, But Still Holding 1275 Key SupportGold has climbed two of the last three days, and formed three consecutive higher low rejections, with two of them being false...

GBPJPY – Ascending Triangle Support HoldsYesterday in our members commentary, we talked about the GBPJPY potentially finding support at the ascending triangle / rising support line. Today the...

EURUSD – Heavy Selling From Large Engulfing Bar + False BreakLast week during the ECB rate announcement, the Euro spiked, then fell heavily on Draghi’s comments, forming a large engulfing...

NZDUSD – Expanding Triangle, Likely BreakoutThe Kiwi sold off heavy today after making a new high for the year. The overall structure as you can see via the chart below is an expanding triangle...

GBPUSD – 1.6820 Buy Setup Now Up Over +150 PipsIn our May 1st commentary, we offered up a buy signal at 1.6820 as we felt trading with the trend was still the play, and we had our level. Sure...

GBPUSD – Breaking Out From Yearly HighsAs discussed in our members commentary yesterday, the cable was forming a price action squeeze and pre-breakout structure continually printing higher lows...

Gold – Pullback Held After 2 Bar ReversalAfter bouncing heavily off the 1269 yearly lows from the large engulfing bar & false break + live trade we talked about last week, the precious...

GBPUSD – Knockin on Major Resistance, But…Stuck in an 80 pip range for the last 7 days, the GBPUSD has formed two pin bars off the key resistance at 1.6840 that we’ve been talking...

Gold – At Major Support AreaFor the last week or so, the precious metal has been getting hammered, losing over $47 from the pin bar swing highs back on April 14th. On the 4hr chart below, the...

AUDJPY – Breakout Structure Following Impulsive Price Action​Posting an impressive 10 day bull run in late March this year, the AUDJPY has been relatively tame, forming a corrective...

GBPUSD – Pin Bars @ ResistanceWhile the Euro continues to be the sleepiest major out there, the GBPUSD has been more active, pressing up against the yearly resistance level at 1.6820 that we...

GBPUSD – Looking MeanerAfter forming a long tailed pin bar signal off the daily 20 EMA, the pair has skyrocketed higher directly into the wolves den. Near term resistance is 1.6820, but the...

GBPUSD – Approaching Multi-Year ResistanceIf you look at the daily chart, what you’ll see is the yearly resistance coming in around 1.6820. But step back to the weekly chart, and...