Akil_Stokes

EURUSD: Technical Analysis before tomorrow's News Releases

FX:EURUSD   Euro / U.S. Dollar
Here's a chart of the analysis that I did in tonight's video showing you how I would conduct my technical analysis on the EURUSD             prior to tomorrow's Jobs report.

I don't even pretend to know or predict what the outcome will be. All I can do is attempt to stay one step ahead of the markets by preparing any potential trading opportunities before hand instead of reacting emotionally.

Video of this analysis: https://www.youtube.com/watch?v=jcrS4RO15Cc

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com -The Premier             Online Trading Education Company
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Trade active
Trade closed: target reached
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are you thinking about trading the bat that just completed?
+1 Reply
fxtrader1980 fxtrader1980
it is on the 60 min chart. Should have mentioned that. Sorry.
+1 Reply
Akil_Stokes fxtrader1980
No, it's not a bat formation per how I trade, but I do plan on trading the bearish cypher
Reply
Akil_Stokes fxtrader1980
I apologize, I just relooked and you were correct, that was a bearish bat formation. I'm sorry I should have looked closer before typing FXTrader1980
Reply
fxtrader1980 fxtrader1980
Haha. You had me wondering what it was that made it not a bat. I didn't want to bother you though so I just left it alone. Good to stay away anyways. The pattern failed and it took out my stop at the 1.13 retrace of the xa leg
Reply
Not in on this trade, but looks like a winner winner chicken...miss the live room...hope to be back one day!!!
+1 Reply
Hope to have you back
Reply
So wait for the kill zone and then buy right?
Reply
Wait until price action meets what your rules of engagement are to enter the trade
Reply
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