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Chris Capre
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Chris Capre is a professional forex, index futures and commodities trader, specializing in Price Action & Ichimoku trading. Chris applies his methods to the markets both intraday and medium term swing trading, and has been trading for over 13 years. He is also the manager for a private fund... More
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Trading Price Action and Pivot Points
  • Is The Euro Starting To Reverse? Feb 27th 0 comments
    Feb 27, 2013 8:24 PM

    Hello Traders,

    The Euro has been gaining ground as of late, building a case for a short term bull run. However, looking at the 4hr chart below, we can see the bulls have been trapped by sellers on every rally. Thus, I'll stick with the downtrend, and look to sell higher at the 1.3303 level which is where the last round of impulsive price action selling began.

    (click to enlarge)

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