Akil_Stokes
Long

EURAUD: A Few Potential Advanced Patterns to Keep an Eye On

FX:EURAUD   Euro Fx/Australian Dollar
Happy Friday traders! Just wanted to share a few potential advanced patterns to keep an eye on heading into next trading week. I no longer have this pair in my portfolio, so I won't be able to participate but it's still one of my favorite pairs to do analysis on since it's been offering a massive amount of opportunities this trading year.

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

Check out my most recent trading video "Building a RULES BASED Trading Strategy"
https://youtu.be/G-DHLwMLL0w
Whats you bias over all for this pair
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EUR
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For the Daily?
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vdubus PRO Akil_Stokes
yes the long term consolidation would indicate short on EU but with a push back to the top side of the trend we have yet to see a new lower low with a possible push higher. Just fishing for different perspectives
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I have a similar long perspective on EA
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Longer term for EURAUD if I had to make a prediction I would say a move up to 57's or a move down to 52's are the next possible areas for price action to go
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vdubus PRO Akil_Stokes
LOL A safe enough answer Akil, thank you :)
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No problem, currently we're sandwiched between support and resistance so i don't feel strongly about a move in either direction until we break a key level of structure so until hat happens the only prediction i would feel comfortable making is a move to the next S or R level
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"I no longer have this pair in my portfolio" - what determines if you play pair or not ? (not sure if wasting good ideas is best way to do but you are the boss here)
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Akil_Stokes TOP Grzegorz_Szafranski
I don't see how it's a waste to share an idea, but I removed it from my portfolio after September due to the ATR issues I had with it. Not sure if you're a video follower of mine but it was something I was considering since the summer, but I can only make those changes at the end of each quarter.
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I guess you misunderstood my point, its not waste to share idea... thats the whole point of this site, to share and to discuss - I was just curious what made you remove it from your trading pairs. I am watching both your and Jason videos (well, not like all of them one by one, but I believe I saw more than 50% of all of them ;) ) I had to miss this.

Again, thanks for answering. I do wish you really best.
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Akil, at the moment it seems to be in the middle of nowhere. So I have a short idea too on this pair.
#EURAUD Gartley,Butterfly,ABCD, 200SMA Short #Forextrading
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Sometimes a prediction just can't be made. Just sit back and wait for the market to tell us what it wants to do
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TradeYodha PRO Akil_Stokes
That it true. Following your footsteps, I am trying to capture and plan on both sides :)
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Nice chart by the way
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TradeYodha PRO Akil_Stokes
Thanks Akil
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My boy akil came through stunting with that 1000 pip move, This motivates me so much!
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