Akil_Stokes
Long

EURUSD: A Pullback to Where We Had Our Eyes Glued Yesterday

FX:EURUSD   Euro/U.S. Dollar
Happy Friday traders! A lot of my radar today but I wanted to focus on the EURUSD             since I know that’s a pair that many of you are tracking especially those of you who accepted my challenge from yesterday’s YouTube video. ( https://www.youtube.com/watch?v=tFhkTDewAgU )

Personally I’m still bullish from the Gartley pattern earlier this week, but if I weren’t I’d be all over the bull gartley that just completed & at the time of writing this is still hovering around those entry points. Aside from it being an advanced pattern this gartley also represents a pullback that is coming right back into a previous structure high & a zone that we were heavily watching in the Live Room yesterday. I’m not too certain about seeing a move all the way up to the bigger bat, but that’s where my initial targets are at for what I’m trading so trust me, I would not be upset it that happened. A little lower we have a potential cypher pattern as well.

Best of luck today gang, after killing the markets last week, it’s been a rough go for me over the past 4 days. Yesterday’s eurjpy             trade played out well and like I said in my video, the worst case scenario in my Euro             position is +80pips so that will help, but in general when you win big, you should always expect to donate some back.

Other pairs on my radar today are the gbpusd             (currently long), gbpjpy             , usdjpy             , nzdusd             (currently long) and the euraud             .

See many of you in the live room at 8am eastern!

Akil Stokes
Chief Currency Analyst
http://www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM /
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Good job man
Reply
Nice 1! I was actually shorting it, took my profits right @ 1.0926 and called it an early weekend, so missed move up but - hey not the first and not the last missed trade :D
+1 Reply
EURUSD seems to be struggling at the 1.10000 psychological round number. Break and close above that level would add more confidence for holding positions for long term.
+1 Reply
Akil_Stokes PRO moneymaking
I agree, I'd be pretty confident in a continued bullish move if buyers can break that level
+1 Reply
moneymaking Akil_Stokes
Yes, round numbers are like resistance and after broken could act as support :)
+1 Reply
Akil, thank you so much. Since I followed you, it's 100% winning trade! Amazing figure! Thank you for publishing your idea for free! Have superb weekend !
+1 Reply
Thank you, but I hope you're not blindly following my ideas.
Reply
as always, great posts Akil. have yourself a great weekend and look forward to more insights next week
+1 Reply
Thanks, wishing you a safe and enjoyable weekend as well
Reply
I just realize that I have not wrote in my trading plan rather or not to hold trades over the weekend.
I am long this pair on the daily. I have pips, and of course I don't want to give them back.
Should I hold this over the weekend?
+1 Reply
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