Here on the EURJPY we have a potential 2618 setup in the works. I say potential because I have no clue what the future of this current leg is, all I can do is Identify, Predict, Decide & then Execute. Here’s a link where you can take the FREE training on this particular strategy (tradeempowered.com/learn-to-trade/ ) but essentially, what I’m looking at is a double bottom signaling a reversal and a retest of that that simple pattern as a way to hop on the next leg of the move.
Slow trading this morning were you guys over in London fast asleep? Anyway, aside from this setup all I’ve got is the GBPUSD, EURAUD and GBPAUD on my radar this morning. I think GBPAUD is a steal of an opportunity, hopefully I’ll have a reason to get involved this week before I head out of town. The last thing I want to do is be worried about how my trade is going while up in the air.
As always good luck today traders and below are some links if you’re interested in any more free trading content. ------------------------------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------- Akil Stokes Chief Currency Analyst at TradeEmpowered.com
Decent work as always Akil... I posted this idea yesterday but obviously wasnt around to get on it as it was early hours for me when the double bottom formed... Il be keeping a close eye on this set up... Hers my chart
Akil_Stokes
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Nice, well that's what 2618's are there for, to provide a second chance at entry. Good looking chart