Akil_Stokes

EURUSD: Two Levels on my Radar Part III

FX:EURUSD   Euro Fx/U.S. Dollar
The Euro             is still one of the main pairs on my trading radar as it has been all week. Although we've yet to reach the level where I have buying interest we have been able to take a few bearish day trades in anticipation.

(If you missed my rant yesterday on the USD Bulls and the game they played during the FOMC yesterday make sure you check out yesterday's Syndicate video. Very Sneaky!)

In today's day trading session I'll be looking for yet another bearish TCT opportunity in anticipation of us reaching our lower levels of structure support as there looks to be about a 40 pip range which is more than enough for the lower time frames.

Swing trading wise, I'm still looking to buy starting at our Green box, but not aggressively so I'll have to wait for price action to dictate my decision making as I watch it test that level.


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 at 1.1132
Trade closed: target reached: 1st target hit for +102
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What do you think is gonna happen now Sir? After that law maker is murdered? What today holds for EuroUSD?
+1 Reply
I'm not sure how the market will react to that. I wouldn't think it would have any affect but you never no. The charts will tell us I suppose.
Reply
Well done mate, caught good pips myself. thank you for sharing as always :)
+1 Reply
Akil_Stokes PRO moneymaking
Well done!
+1 Reply
moneymaking Akil_Stokes
Thank You, appreciate it :)
Reply
awesome man
+1 Reply
Thanks
Reply
evo8fx Akil_Stokes
Its not always that quick and painless. Thanks Akil.
+1 Reply
You're welcome and yeah usually they aren't, but every once in a while you need one like that
Reply
is this an aggressive entry on the 1hr chart akil, you don't wait for a double bottom?
+1 Reply
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