Akil_Stokes
Short

$EURUSD: Potential Bearish Advanced Bat Formation

FX:EURUSD   Euro Fx/U.S. Dollar
I'm still involved in a $EURUSD short from last week, so I'm secretly wishing that this doesn't complete. But IF we break & close above previous structure THEN my next shorting opportunity on the $EURUSD will be a Bearish Advanced Bat Formation completing at a previous level of structure. (Look Left, Structure Leaves Clues)

I've gotten a lot of new followers since this originally came out, but if you haven't read it already here's a link to an article that I recently wrote for Forex Trader Magazine titled "Take Control of Your Trading" Feedback as welcomed as I'm rather new to the writing world (aside from personal blogging). I had a lot of fun writing it and if the you guys like my style, I'd love to create some more content

http://content.yudu.com/Library/A3zabl/Englishedition29/resources/58.htm


Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company


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Akil Stokes -Head FOREX Trading Coach at Trade Empowered
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"Plan Your Trade, Trade Your Plan"




Jimdandy
6 months ago
It's always a good sign when I see that your chart is marked up like mine. I am watching this level as well with the 1.13 close above as a good backstop beyond which to put our stops. However, Im also hoping the cypher on the 5m turns it south before we get that far north. Perhaps we will get a turn at 1.1280 and short it back to the .618 of the move setting us up for a 2618 long to the 1.1340 area.. While I'm waiting and watching I will give your article a read and see if I think you should write again....LOL..
+1 Reply
Akil_Stokes TOP Jimdandy
6 months ago
Thanks Jim, i too wouldn't mind a bearish continuation.
+1 Reply
dlane20 PRO
6 months ago
Hey Akil.. What rules do you follow for the C point in a bat pattern?
+1 Reply
Akil_Stokes TOP dlane20
6 months ago
I require a minimum 38.2 hit
+1 Reply
Your writing skills are mint, i am for one that follows your actual blog. But you should make a few weekly Vlogs on Youtube about beeing in the Akil zone =D My god that joke is still stuck in my head. But more Real Estate stuff pleaseee, i know you´ve giving a few small advatisers but i need more. Your Snap chat game is stepping up, i enjoy that. I´m looking to go short on a small cypher at 12,300 resistance
+1 Reply
Akil_Stokes TOP ThomasJeff_DCM
6 months ago
Thanks, I was actually planning a real estate video for tonight, but it looks like business partner is going to be running late. I told him that we can do one after the event we're heading to, but seeing how it's an open bar event, doing a live video afterwards may not be the best idea
+1 Reply
Akil_Stokes TOP ThomasJeff_DCM
6 months ago
Got to love that "Akil-Zone" i should trademark that lol
+1 Reply
HussienRyad
6 months ago
This will turn into shark very soon
Reply
HussienRyad HussienRyad
6 months ago
sorry meant cypher
+1 Reply
Akil_Stokes TOP HussienRyad
6 months ago
I'd be careful with using words like "will" We never know 1005 what the markets will do
+1 Reply
Akil_Stokes TOP HussienRyad
6 months ago
*100% From my experience, price tends to do whatever it wants, whenever it wants to
+1 Reply
HussienRyad Akil_Stokes
6 months ago
sorry not my main language "this could turn into a cypher very soon" i think this is the correct one
+1 Reply
Akil_Stokes TOP HussienRyad
6 months ago
No worries, but yes you're correct if price violates "A" we could be looking at an entirely different setup. Well done!
Reply
HussienRyad Akil_Stokes
6 months ago
Thanks alot Appreciate your support very much .. by thE way i took your chart lol
Hope u the best and GL
+1 Reply
Akil_Stokes TOP HussienRyad
6 months ago
Feel free, that's what it's here for
+1 Reply
HussienRyad
6 months ago
Not A bat
Reply
rit29
6 months ago
when will it reach 1.14..i have buy @ 1.14..will it recover in near future..stop somewhere around 1.10..
need your expert advise..
+1 Reply
Akil_Stokes TOP rit29
6 months ago
My expert advice is to trust your plan and follow it. Your trading plan should tell you if it is a buying opportunity that meets your rules and based on that opportunity there should be no need to wonder where stops need to be. If you don't have a plan then my advice is to not execute the trade
+1 Reply
Hey, Akil. Nice setup. I had the same on my radar))
+1 Reply
Akil_Stokes TOP Alexander_Nikitin
6 months ago
Nice! Great minds!
Reply
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