Akil_Stokes
Long

AUDCAD: Nothing Fancy Just Pure Structure Trading

FX:AUDCAD   Australian Dollar/Canadian Dollar
No fancy shapes or anything like that today just a pure structure based setup for you guys. We'll be looking for long opportunities on this pair today in my Live Trading Room looking to hop on the current outside return. We're actually inside the killzone as we speak but I'll be waiting for a lower place of entry since I'm more or a trend continuation trader not a trend following trader in these types of situations.

We do have a Fibonacci cluster in this zone as well but what caught my attention was looking at price action and how resistance has recently turned to support around this psychhological level of 0.9950.

If you find that you're unfamiliar with the basics of reading a price chart make sure you watch the FREE Training video called "Into The Grey" http://goo.gl/5e8Jcr


Thanks for all of the support traders and continue to "LIKE" "SHARE" & "COMMENT" under these posts!

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com

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Trade closed: target reached: Sorry forgot to update this
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Lol nothing fancy????? No buttterflies
+1 Reply
Akil_Stokes PRO Vostiothenjo
Nope no funny winged creatures today
+1 Reply
ezajaan032 Akil_Stokes
Tq akil..
+1 Reply
TQ?
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morshedul.sazid Akil_Stokes
thank you
Thank Q lol :P
U got it Akil :P
+1 Reply
Akil_Stokes PRO morshedul.sazid
Thanks man
Reply
I'm in. Thanks Mr. Akil :D
+1 Reply
No problem and please no "Mr." next time, makes me feel old
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Vostiothenjo Akil_Stokes
Old is GOLD Akil lol.. anyway ur a cool dude!
+1 Reply
Akil_Stokes PRO Vostiothenjo
lol thanks man, I just try to make the best out of life. We only get one shot at that trade afterall
Reply
Vostiothenjo Akil_Stokes
Pretty nice trade though we waz in earlier and wouldn't be a bad idea to hold it with targets of 1.04015
snapshot
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Vostiothenjo Vostiothenjo
Cheerz!
Reply
Amina66 Akil_Stokes
haha! Okie dokie.
+2 Reply
Lolest...
Reply
I appreciate it man. #ForeverYoung
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Vostiothenjo Akil_Stokes
Nice to pump some iron along with some cardio when you aint on the charts. Good for ur soul too!!!
+1 Reply
Akil_Stokes PRO Vostiothenjo
Coaching track and field has certainly kept me active. Plus being a former athlete I still compete in various events throughout the year. That motivates me to stay in good shape or at least try to
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Vostiothenjo Akil_Stokes
Awsome!!!!
+1 Reply
Nothing wrong with "Nothing Fancy"
+1 Reply
Akil_Stokes PRO MichaelClemson
Indeed, simple is better
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Very nice Structure Trade Akil!
+1 Reply
Thanks Kenny, simple price action trades (including breakouts) are still my favorite type of trades. I don't know what it is about them but I love it
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PateSkpate Akil_Stokes
Yea me too!.. It's like working a puzzle and trying to figure out where everything goes, its a true art! :)
+1 Reply
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