Akil_Stokes

EURJPY: Counter Trend & Trend Continuation Opportunities of 1HR

FX:EURJPY   Euro Fx/Japanese Yen
After being stuck at the "D" completion point of a daily Bat pattern completion we've finally seen a break to the upside on this pair. We've not run into higher time frame ( HTF             ) structure and I wouldn't be surprised if we saw some relief in price action.

This trade setups offers something for both counter trend and trend continuation traders. For the counter trend trader, "look left structure leaves clues" We also have bearish divergence between price action and the RSI . For the trend continuation trader we currently have Fibonacci ratio confluence lining up in our potential reversal zone (or as my Live Trading Room members like to call it our "A-Kill Zone")

It's THURSDAY so that means that my WEEKLY FOREX TRADING video will be out today. If you're not a subscriber make sure you head over to my youtube channel and do so. I don't have a fancy title yet but I'll be talking about a report that was conducted a few years ago giving statistical proof on WHY TRADERS FAIL.

Good luck out there today and do me a favor. GIVE THIS POST A LIKE, It takes less than a second ;-)

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
You Can Also Follow Me On Instagram, Periscope & StockTwits @AkilStokesRTM



SEE MY BEST TRADING IDEAS DAILY
https://buff.ly/2x7U6kT

FREE WORKSHOPS & TRAINING VIDEOS
https://tradeempowered.com/

WATCH MY LATEST TRADING VIDEO
https://www.youtube.com/akilstokes

CHECK OUT MY LIVE TRADING ROOM
https://buff.ly/2x8c2kt

Hi there : SO HAPPY TO USE STOPLOSSES ! ALWAYS USE THEM ! THE KEEP YOU ALIVE ! DON'T TUNE THEM TOO MUCH ! FOR SURE NEVER DURING A TRADE ! HEREBY AN EMOTION PICTURE FOR THIS TRADE. FIRST FRUSTRATION BUT THE BIG RELIEF AS I TRADED THE PLAN A N D D I D N O T A L T E R I T as I did too many times before.... Yes maybe I lost a small amount but gained a huge amount of confidence. The price for that is unaffordable ;) ; ) ; ) especially one your account got broke before ;) At the end of this trade I am still alive trading and move on to the next trade ....
snapshot
+1 Reply
Stops are very important.
Reply
vduquenne Akil_Stokes
like ;)

Reply
Equal vduquenne
I was also stopped after break res. And overhappy now.
Reply
Hi Guys, made also my little plan... small educated guess for this pair... when one's look left, indeed you see a harmonic bearish pattern. Also the last support became Resistance (in 1h timeframe) . A down move is likely to occur... with following T1 & T2 as appetizer ;) Let's wait & see... ;)
snapshot
Reply
vduquenne vduquenne
Support became Resistance on the daily timeframe ! sorry being incorrect in above text :(
snapshot
Reply
I was trying to buy the last pullback but the market didn't quite pull back far enough for me!
+1 Reply
Yeah we just missed it this morning Kenny. We had the right analysis though which is a win in itself
Reply
Hey Akil, What do you think about this set up
+1 Reply
Akil_Stokes PRO Tecnologia_Financiera
I don't really have an opinion on it
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out