Akil_Stokes
Long

EURJPY: 1 Hour Advanced Gartley Formation Completion

FX:EURJPY   Euro Fx/Japanese Yen
I typically don't pay much attention to the market open on Sunday's but there were a few opportunities that I had on the radar from Friday which are offering a better price point for entry.

One of those opportunities is right her eon the EURJPY             Hourly time frame where we had an Advanced Gartley Formation complete late Friday. Currently price is below the initial entry of 127.20 so (opening gaps aside) we're looking at a better entry on the Sunday open.

As always, wish all of you guys a great week of trading and continued success along your trading journey!

Oh and Go Everton, Beat Man U!!

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com -The Premier Online Trading Education Company
YouTube https://goo.gl/Afk5sG
Facebook: https://goo.gl/VTQngr
Twitter: https://goo.gl/FlH33l
@AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)

Trade closed: stop reached
2618 FREE TRAINING http://buff.ly/2udJgeT

THE 100K DISCOUNT ENDS SOON http://buff.ly/2tngsBV

FREE Training Lessons & Workshops http://buff.ly/2udJgeT

Follow My Journey & Recieve Daily Trading Tips- The Trading Blog Video - http://buff.ly/2v58xWu
Nice one! I was wathcing this one too.

Good luck! keep up the good work
+1 Reply
Thank you, best of luck to you as well!!
+1 Reply
Gluckmann PRO Akil_Stokes
even though I was short as I saw a double top:
EURJPY (1h) Double top

thoughts?
+1 Reply
Well, Gartley formation profits are not that big as your stoploss. So, both scenarios can easily work))
+1 Reply
Gluckmann PRO Alexander_Nikitin
made it to target :^)
Reply
Follow what your trading plan tells you to do. Have confidence in the setups that you're supposed to take and ignore those that you're not.
Reply
Very nice Akil. I took that Gartley Formation on Friday as a trend continuation setup. Looking for it going up to 1,272 target. If it goes there I will be very happy to sell it with my Bear Gartley formation that I have on Daily. The chart is here
EURJPY downtrend continuation + Forex Weekly Forecast Video

+2 Reply
Germaine_Mills Alexander_Nikitin
I took the short on this ~ Wednesday or Thursday. I'm thinking buy limit at NSH from Akil's chart for the eventual trend reversal
+1 Reply
Akil_Stokes PRO Germaine_Mills
Well done!!
Reply
Akil_Stokes PRO Alexander_Nikitin
Awesome ALexander!!
Reply
metrbmanmax Alexander_Nikitin
Also looks like we could be on our way to completing a 3rd leg of the 3 drives pattern with the 161.8 at the weekly R2
+1 Reply
nice setup agree.. but i think it will test its 1hr double bottom 126.8 before going high..

https://www.tradingview.com/chart/90WEIvDu/
+1 Reply
newbie2016 newbie2016
wrong link earlier.. here is correct link..

Eurjpy Buy Setup
+1 Reply
Thanks for the idea share!
+1 Reply
I've got my eye on that usdjpy as well!
Reply
newbie2016 Akil_Stokes
usdjpy i think will remain supported above 111 and any down move below 111 will be taken as buy but if 110.7 remains. For now i think it will walk turtle walk as it is going to test support again.. and on other hand euro is close to big resistances.. so eurjpy will be good play.
+1 Reply
Good stuff
+1 Reply
Making predictions are a great way to practice our analysis
+1 Reply
newbie2016 Akil_Stokes
yes indeed.. keeping different angles always good! Now Lets see how things work out..
Reply
Keeping different angles is not good. sticking to your plan is good. don't let a "different angle" influence your trading decision.
+1 Reply
newbie2016 Alexander_Nikitin
Totally agree... thats why i only sticked to my plan and buy limit filled at 126.8 with stop 1.26 and tp above 128.
+1 Reply
No need to tell me your numbers, mate. I hope you have tested your plan and you are indeed confident that over time it produces some profits. Because of that confidence you don't need my confirmation. But if you DO need my confirmation - this means you have some doubts in your trading plan. In this case you should remember: "Have doubt - stay out."
On the other hand, I have my own trading plan, that tells me what to do. In this case, again, your numbers are not needed. They cannot anyhow influence my views, because of the confidence I have.
See what I mean?
+1 Reply
newbie2016 Alexander_Nikitin
lol.. sticking to plan and strategy is always good!
+1 Reply
This is what I see:----https://www.tradingview.com/x/oT8hb2qC/
+1 Reply
Thanks for sharing your trading idea!
Reply
Didn't that Gartley violate the C point? I thought a Gartley in TE's interpretation is 61.8, 61.8, 1.272. But the CD leg on this pattern is way beyond a 61.8 retracement of AB.
+1 Reply
SvyatoslavH SvyatoslavH
I meant the BC leg, not CD*
+1 Reply
Akil_Stokes PRO SvyatoslavH
No the "C" point was not violated. Not sure what course you went through but I recommend going through the material again. With all of the different fibonacci ratios being used in these advanced formations, I can certainly understand the confusion
Reply
SvyatoslavH Akil_Stokes
OK, will do. Thanks for the quick reply. Let's watch that AKILL Zone then ;-)
+1 Reply
Akil_Stokes PRO SvyatoslavH
No problem, and yeah we'll see if we can hold it
Reply
Agree with you. Im currently long on this pair since I also saw gartley forming on a channel with rsi shown oversold. 
+1 Reply
drin drin
snapshot
+1 Reply
Thanks for the share!
Reply
Nice!
Reply
nice one akil, had this on my radar also, looking to hop on after the open. I'll also stop and reverse on my demo which i was able to get in on the bearish move around the c leg point. (took it as a double top)
Good Luck!!! and see ya tuesday in the live room..
+1 Reply
Well done Ron, see you Tuesday!
Reply
hi Akil, this pattern now conforms to a BULLISH CRAB pattern on the 1hr and 4hr.
am i correct ?
regards
tony
+1 Reply
I don't trade Crabs, so i'm not the best person to confirm them for you. Sorry
Reply
feel sorry
Reply
Akil_Stokes PRO Bob_B_Northman
Thanks Bobb, question for you. Do you ever provide anything constructive to this community or do you simply troll for losing trades so that you can attempt to make people feel bad. I personally don't care, but I hope that you're not doing this to other traders as well because it's not helping the cause at all
Reply
Bob_B_Northman Akil_Stokes
got it...I am not a troll for sure since i try to learn few things from your charts and video too. i will never comment bad things... only good things no matter what actually happened. thanks for good reminder.
+1 Reply
Akil_Stokes PRO Bob_B_Northman
You're welcome, i'm sorry if i offended you or misjudged your comment. There's often a language difference when dealing with forex. Your history has shown to have only commented on losing trades in a way that seems like you're mocking them. If this was not your intention then I apologize, there are just a lot that do that.
Reply
Bob_B_Northman Akil_Stokes
You are ok. BTW English is not my native language. I will be careful when comment here in TV.
+1 Reply
Akil_Stokes PRO Bob_B_Northman
No problem, I'm glad that we were able to clear that up! Good luck with your trading journey!
Reply
Bob_B_Northman Akil_Stokes
You too!
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out