Akil_Stokes
Long

EURUSD: Potential Bullish Gartley & Trading Week #40 Recap

FX:EURUSD   Euro Fx/U.S. Dollar
I don’t do any active trading on Monday’s but I do make my way around my portfolio to see if there are any advanced patterns that need orders set for the day.

Here on the EURUSD             we have a potential bullish Gartley pattern coming back into a structure zone that I would like for a buying opportunity whether it was a pattern or not.

Trading Recap Week #40 “the Curse Is Over” http://tradeempowered.com/trading-recap-week-40-the-curse-is-over/

Akil Stokes
Chief Currency Analyst at Trade Empowered
Click here for 20+ hours of FREE Training
http://tradeempowered.com/learn-to-trade/

Click the link below to subscribe for more FOREX TRADING videos
https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg?sub_confirmation=1
Facebook: https://www.facebook.com/AkilStokesTrader
Twitter: https://twitter.com/AkilStokesRTM
Nice I was looking at same structure area. Thanks! See you tomorrow in the live room.
+1 Reply
Can't wait to kick off a new week, month and quarter of trading!
Reply
ekinsky911 Akil_Stokes
yeah,so exciting
+1 Reply
Thanks!
Reply
rozela99 Akil_Stokes
Well did you finally descide what pairs you were gonna exchange in your portfolio? Hrm just had a thought. The process you go through to exchange pairs in your portfolio video. I know that I just add this or that pair whenever. It's hard to just trade a certain set. It get boring.
+1 Reply
At this point I'm not adding any, just removing the 2
Reply
If anything I would be putting EURGBP back into the mix, but I didn't have the chance to look into the ATR but that would put me at 10 which sounds a lot better than 9 hahaha
Reply
broken87 Akil_Stokes
Hey Akil, I was looking for the War Room to start at 8:30 today but I never saw it come on. Someone said it did happen today and I was jw if I am doing something wrong? I am a new member
+1 Reply
Yeah it was on at 8:30 this morning, are you certain that you had the correct time conversion? Either way it's recorded each day so head over to the website and click the "On Demand" button underneath it and you can watch todays recording
Reply
Looking good Akil, have the same Gartley Pattern on my radar as well :)
+1 Reply
Akil_Stokes PRO StarProsper
Sweet
Reply
i'm watching too... reload the armo :D
+1 Reply
Nice!
Reply
Akil_Stokes, thank you sir
+1 Reply
No problem
Reply
Why don't you look for 78.6% retracement of XA as the point D?
+1 Reply
Akil_Stokes PRO Eugene_Titov
I'm not a fan of the risk reward that taking it at the 78.6 gives me
Reply
Hey Akil, i think theres also a potential 2618 trade.
Reply
snapshot
+1 Reply
Yes, I also look at 2618 setup instead of gartley.
Reply
I certainly see how you can look at it that way as well. Good stuff
+1 Reply
Thanks a lot for this explication, I want to ask you a question about the stop loss

What's the value you think i should choose ?

Regards
Reply
Robson_Hayashida MahdiTaouss
In a bullish Gartley, the stop loss should be placed just below the initial point (X).
+1 Reply
MahdiTaouss Robson_Hayashida
Thank you
What's the value of the initial point (x) plz ?
Regards
Reply
Robson_Hayashida MahdiTaouss
Looking at Akil's chart, I assume the value of (X) is 1.11492.
+1 Reply
Akil_Stokes PRO MahdiTaouss
Robson is correct the stop loss should go below the "X" leg
+2 Reply
This looks kinda like it should hit new lows to me judging by that second weak rally. I think it's run out of steam.
Reply
Akil, I have been thinking about Mondays. With my limited knowledge the market seems to be more unstable on Mondays, then the rest of the week. Is that why you don´t put in trades on Mondays, or what is the reason?
+1 Reply
Akil_Stokes PRO johan.larsson
On Monday's the markets are still trying to figure things out in my opinion. Friday's are similar as well
Reply
Ok, good to know, it´s not just me then :)
Reply
i think we can have repeated gartley patterns folks :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out