Akil_Stokes

$EURUSD: Maybe some Day Trading Action

FX:EURUSD   Euro Fx/U.S. Dollar
As I look at the recent movement on the $EURUSD we seem to be sandwiched between support & resistance . I still won't be convinced of any continued bullish action until we break and close above $1.1718's so for now I'll be looking for day trading opportunities to take advantage of our current consolidation.

As a trader I have no bias or care for whether the market goes up or down, I just want to be involved when it does. So as we open our live trading rooms today I'll be looking for selling opportunities at resistance and buying opportunities if we retrace back down to previous structure support .

It may look small on our price charts, but a range of over 250pips exists between the two levels of structure giving us plenty of opportunities for potential profits.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com -The Premier Online Trading Education Company
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Trade active: Long @ 1.1506
Trade closed: stop reached
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hi been following your trades and videos for 4 months still new to forex markets trying to get and understanding of what u see in the charts and how the markets move thank you sia kelley bronx ny


+1 Reply
Thanks for the support!
Reply
Eu 114220?
+1 Reply
I'm not sure what you're question is Oscar
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CapnOscar Akil_Stokes
sorry my bad... I misread... thank you
+1 Reply
No problem
Reply
CapnOscar Akil_Stokes
yes I think I was confused because I thought I read pullback at 114220 anyway.. thank you
+1 Reply
You're welcome
Reply
so Akil, you didn't enter at 38.2 as you planned? you bought the outside return??
+1 Reply
Akil_Stokes PRO juklangel11
I'm sorry but I'm not sure what you mean by "didn't enter at the 38.2 as I planned?"
Reply
juklangel11 Akil_Stokes
i meant the retracement that falls on that previous structure you highlighted ...you long at 1.15 area no?
+1 Reply
Akil_Stokes PRO juklangel11
Yes I got long at 1.15's. I guess I'm confused about your question regarding the 38.2
Reply
juklangel11 Akil_Stokes
i see a bullish gartley at 4h and i'm interested in buying at 61.8 at 1.1370 if we come stronger on friday.. or sell the 1.618 extension of the harmonics at 1.16 level
Reply
juklangel11 juklangel11
i guess you see a low number...but i like your analysis .
+1 Reply
Akil_Stokes PRO juklangel11
I have not concern about the number. I trade purely based off of the technicals. I'll adjust accordingly before the NFP release if the trade hasn't completed by then but I simply look to trade the plan.
Reply
Thanks
+1 Reply
Akil_Stokes PRO PrinceAbsent
You're welcome
Reply
hey anil,
thanks..so ur SL is around 1.1455?
Reply
I think you may have put this comment under the wrong chart. I'm Akil not Anil
+3 Reply
roadtogo Akil_Stokes
Hello Akil,

I mistyped:) and still waiting for you answer.. thanx
+1 Reply
Correct
Reply
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