$EURUSD: "Structured Consolidation" Breeds Pattern Opportunity

FX:EURUSD   Euro / U.S. Dollar
It's been a very slow week for Jason Stapleton & the Trend Continuation side of the Syndicate, yet a very busy week for those who trade advanced             patterns.

The majority of advanced             patterns are formed when the market is in what we like to call "Structured Consolidation" and this week more than a handful of the pairs in my portfolio are doing so.

I'm currently short the $EURUSD on the bearish Cypher and if everything plays out the way I'd like, then I'll also be collecting profits and getting long at the potential bullish one in green (assuming it stays valid).

It's Thursday so that means my FOREX WEEKEND REVIEW video will be coming out on YouTube. Make sure that your a SUBSCRIBER that way you'll be the first to know when it's released. In today's video i plan on talking about the grind of trading, my best trade ever and what i learned from it, and of course we'll be looking at a potential trading setup that you can add to your watchlist. See you then!

Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered,com -The Premier             Online Trading Education Company
YouTube https://goo.gl/Afk5sG
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You Can Also Follow Me On Instagram, Periscope & StockTwits @AkilStokesRTM

Trade active
Trade closed: target reached
Trade closed: target reached: 2nd targets off
Trade active: Now long on the 2nd Cypher
Trade closed: target reached: This pairs been bleeding money this week
Trade closed: target reached: And woke up to target 2's being smashed. Well done Euro
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Tier One Trading Royale Ball
Akil, when price makes HH-HC and then retraces,is there any indication that tells us that may be a false breakout? Or we handle everything as a potential TC until it not be validated in the end? Thanks
+1 Reply
It depends on the retracement and how quickly price action was reject and corrected after the initial HHHC
Nice one!,
Please check our analysis about USOIL!

Let us know what you think!
Hi Akil, This is beautifully done and Eur/usd played out as per your Chart. I trade with http://www.nseindia.com and you need to select Eur/inr Jan 2016 series to know more. I deal in futures and Eur/inr expiry correlates with Eur/usd and there was upside Eur/inr movements and market hours are limited and 0330 gmt-11.30 GMT. I did trade today and got away with closing Eur/inr longs. regards
+1 Reply
Well done
very nice)
+1 Reply
Akil_Stokes Alexander_Nikitin
EU has been beautiful structurally!
+1 Reply
Could you make a video going into more detail about structure consolidation?
+1 Reply
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