Akil_Stokes
Long

GBPAUD: Hopping On The Bullish Trend Could be the Perfect Storm

FX:GBPAUD   British Pound/Australian Dollar
The radar is light once again with only a few pairs (including yesterday’s NZDUSD             idea) still in my sights, but this opportunity on GBPAUD             looks like a pretty good potential. GBPAUD             has driven straight up since…well early 2013 & although the momentum seems to be slowing down, there’s absolutely nothing on the charts as of yet that says we’re going to stop anytime soon.

When trying to hop on a bullish trend I look for reasons to buy on the pullbacks & in this scenario I’ve got a deep Gartley pattern coming in right at our previous structure lows.

Add to that, on the fundamental side of things GBP has been one of the strongest pairs with BOE expected rate hikes anytime from December ’15-March ’16 while Aussie may be cutting rates. Last week I was able to catch the perfect storm on USDCAD             (Video: https://www.youtube.com/watch?v=noqQm-zSCP8) we’ll see if we can do the same this week.

News wise we have AUD CPI             out tonight at 9:30pm NY Time & A Bank rate Vote for the GBP out Wednesday morning at 4:30am NY Time.

A BIG THANK YOU for the massive response you guys gave me after listening to my interview with Brandon Clay from www.TradingStory.com I had a lot of fun doing it and I’m glad it was informative. I’ll put the link below for anyone that didn’t get a chance to check it out. Also don’t forget about that Syndicate special deal we have going on. Take advantage of it before it’s too late.

Interview w/ Trading Story http://tradingstory.com/podcast/35-akil-stokes-trades-fx-and-coaches-track/

Akil Stokes
Chief Currency Analyst at www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM /
My Videos: https://www.youtube.com/playlist?list=PL3pkGkL2zWpHt7X4ZeT0w0n6hk0C8Lwx1
Akil Stokes -Head FOREX Trading Coach at Trade Empowered
Check Out Our Free Training https://goo.gl/5e8Jcr
TradeEmpowered On Youtube https://goo.gl/IscNch
Akil Stokes on Youtube https://goo.gl/u5kDC3
"Plan Your Trade, Trade Your Plan"




catabondu
a year ago
Deep gartley ? Can you explain me what are the proportions on this pattern? I trade some harmonic patterns but I don't know about this.

Thanks
+1 Reply
Akil_Stokes TOP catabondu
a year ago
By Deep i mean that the D completion (127.2) completes close to the X leg
Reply
it should go up in the next OR you have around 2.0800. i have done perfect calculation for sell setup but i did not took it i was stupid although it was perfect calculation.

The wave done it should be the correction wave A after that we have correction wave B up and after the big pull down wave C. still chances coming i will nail it next time

snapshot
Reply
ForexTrader3f
a year ago
Hello...From where i can get this indicators on your chart ?
Reply
Akil_Stokes TOP ForexTrader3f
a year ago
There are no indicators on my chart aside from the RSI at the bottom
+1 Reply
Akil_Stokes TOP ForexTrader3f
a year ago
I simply drew it out by hand
Reply
ForexTrader3f ForexTrader3f
a year ago
but is there any rules to drew it ? can u give some advise to learn it ?
+1 Reply
Akil_Stokes TOP ForexTrader3f
a year ago
Sure those are just the ebs and flows of how the market moves. Identifying a trend essentially. Here's a link to some free training on some of the basics of technical analysis. I recommend watching "Into The Grey" and "turning Point" http://tradeempowered.com/learn-to-trade/
Reply
Akil_Stokes TOP ForexTrader3f
a year ago
I think learning how to read a price chart is an essential part of trading no matter what strategy a trader wants to follow, so hopefully these videos will help out with how your currently trading
Reply
ForexTrader3f Akil_Stokes
a year ago
Okay..thanks a lot..let me see your link..if any problem..i will ask you for guide me..thanks a lot..
+1 Reply
Akil_Stokes TOP ForexTrader3f
a year ago
Hope you enjoy it
Reply
petermp25
a year ago
Also a nice Cypher "a few" pips lower
snapshot
+1 Reply
petermp25 petermp25
a year ago
Well, i've seen more beautiful cyphers but oh well... ^_^
+1 Reply
Akil_Stokes TOP petermp25
a year ago
hey it's not a beauty competition
+2 Reply
adan3ter
a year ago
Beatiful trade Akil, worked out just as you prdiected. Hopefully by now you are out of your drawdown you were in a few weeks ago. Awesome to see how a professional trader deals with drawdowns, makes a video about it and is able to ride out the storm back to success. Great work Mister.
+1 Reply
adan3ter adan3ter
a year ago
Ooops...this was supposed to go in your other post, in the Aussie trade
+1 Reply
Akil_Stokes TOP adan3ter
a year ago
Thanks, last week helped a lot, but overall this summer has been very bland. Seems like we've been fighting our hindparts off just to stay above breakeven
+1 Reply
deepen
a year ago
mind blowing call Akil bingo tgt achieve
Reply
riskmode TOP
a year ago
Were you able to stay in this trade?
Reply
Akil_Stokes TOP riskmode
a year ago
No, I was stopped out
Reply
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