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Akil_Stokes
Mar 29, 2016 10:23 AM

EURUSD: 2 Potential buying Opportunities on My Radar  Long

Euro Fx/U.S. DollarFXCM

Description

It's been a week since I've found anything to trade on the Euro, but maybe that will change soon as I have 2 potential buying opportunities on my radar heading into today's trading day.

Still in consolidation I'm not predicting any type of continuation move, rather I'm looking for previous support and resistance levels that I can take advantage of as this market continues to bounce back and forth.

If a valid trading opportunity does not show itself at the blue kill-zone, I would then be looking to involve myself in the Bullish Cypher pattern at would complete down at 1.033.

Not noted on my chart, but for those looking to get short, that resistance level comes in at 1.350's

Good luck int he markets this week traders! And thanks for all of the great feedback on my "9 Habits of High Achievers" video. Good to see that a video like that does have your interest. I'll look to do more like that down the road.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com -The Premier Online Trading Education Company
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Comments
ramkirshnavarma
Hi Akil,

Do you use or suggest any RSI Divergence EA/Alert
Akil_Stokes
I don't personally use EA's so i would say no. Not that there's anything wrong with it, just not my cup of tea
ramkirshnavarma
Thanks Akil
arif_awan
Akil_Stokes
Thanks for sharing your idea!
arif_awan
Welcome Akil, Big fan of your ideas and youtube videos, feel so pround to have comment from you. thank you
Akil_Stokes
No problem, and thanks for being a supporter!
CROforce
I have entered this trade yesterday based on 618 retracement which also had decent SR in the past around that area. I do realize that this was aggressive trade but I took it anyway with SL below previous swing Low.
Akil_Stokes
Nice! Aggressive, non-aggressive. All that matters is that it met the rules of your trading plan. That's all we need to quality a "good trade"
thulasi
Thanks
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