Akil_Stokes
Short

EURJPY: Back to Back Bat Patterns & A Video on Money Management

FX:EURJPY   Euro Fx/Japanese Yen
a year ago
Consolidation often breeds harmonic patterns & that's exactly what we're seeing here on the EURJPY             hourly chart. Now we're still holding a partial position on yesterday's bullish bat pattern and if price action were to push up to our second targets that would give us the opportunity to put in an SAR             and get involved in the bearish one that looks to be forming as well.

Also I've been getting a lot of questions about money management lately. If you haven't seen this video already make sure you check it out as it should give you a better idea of the money management strategy that I use in my trading.
https://youtu.be/jSFYOLLYM60?t=1m42s

Akil Stokes
Chief Currency Analyst & Trading Coach\
www.Tradeempowered.com
a year ago
Comment: The bat pattern is now technically invalid and has turned into a potential Gartley Pattern. Also here's the link to watch Mario Draghi's Open Forum https://www.periscope.tv/w/aRM3OTkyNzA2NzF8MURYR3lrZ3ZhTll4TSr0NStXgc4H7E_qPwPtBcatpe59XfpClRMGcLluXtkb
Akil Stokes -Head FOREX Trading Coach at Trade Empowered
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"Plan Your Trade, Trade Your Plan"




Nice man!
I've got a few open position on this one and expect a biger move up for this pair.I took some profits off at T1 and T2 is where that bat completes.GL
snapshot
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hamedoza
a year ago
Hey akil , i was wondering its a valid bat because point C didnt touch 61.8
+1 Reply
hamedoza hamedoza
a year ago
Also there is a potential cypher to be completed at 131.724
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VenDemilo hamedoza
a year ago
Like your triangle drawings, is it possible to get it for mt4? thanks.
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dangap VenDemilo
a year ago
MT4 has a triangle you can use
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Akil_Stokes TOP hamedoza
a year ago
Yes
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PouryaMakhmali7e Akil_Stokes
a year ago
Gartley or bat?...looks like garrtley..
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dangap PouryaMakhmali7e
a year ago
Both actually depending on how you want to draw it out, also a cypher in there.
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PouryaMakhmali7e Akil_Stokes
a year ago
Bat...sorry///
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fxprodigy
a year ago
Same trade on my radar Akil. But for this one ill be making the .886 a "sell zone". Thanks for posting.




-Prodigy
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RamdzanY
a year ago
now there is bullish cypher pattern forming as well X=131.600
Reply
There is also a bearish cypher on the 15 min. Also check out the Bearish Gartley on EURUSD. Greets!
Bearish Gartley EURUSD within Trend 60 min
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