Akil_Stokes
Long

GBPJPY: Bullish Bat Pattern

FX:GBPJPY   British Pound/Japanese Yen
Hey traders! Great start to the week thus far with my EURUSD             long from what 2 weeks ago finally banked some profits along with a few other traders that we were in. EURAUD             from Friday got eaten alive but hey we can't win with them all.

Only a few trades on my radar this morning as Monday's are my training day but a simple bat pattern here on GBPJPY             .

Today's Blog Post "A Much Needed Easy Day" http://tradeempowered.com/a-much-needed-easy-day/

Akil Stokes
Chief Currency Analyst
www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM /
Forex Weekend Review 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"




AEB.NL
a year ago
https://foreignexchangeinvestments.wordpress.com/2015/07/25/gbpjpy-long-opportunity/
Reply
korhancakir
a year ago
Monday's are not your trading day :)
Reply
Akil_Stokes TOP korhancakir
a year ago
Nope, aside from the longer term stuff, I don't have much interest in trading on Mondays
+1 Reply
deeme007
a year ago
sir can we long here
Reply
Akil_Stokes TOP deeme007
a year ago
What do your rules say?
+1 Reply
ahmed.barakat1 Akil_Stokes
a year ago
what is the TP ? and ST ? for this one
Reply
Akil_Stokes TOP ahmed.barakat1
a year ago
For advanced patterns 38.2 & 61.8 are the typical targets with the stop being beyond the X leg
+1 Reply
Akil_Stokes TOP ahmed.barakat1
a year ago
So in this case I'm looking at 192.25s to get taken out
+1 Reply
FX_J4YD3N
a year ago
Did you enter this trade or did you not (due to Monday)
Reply
Akil_Stokes TOP FX_J4YD3N
a year ago
I did, what I mean is that I don't actively intraday trade on Mondays meaning I don't actively watch the markets through any set period of the day like I normally do Tues-Fri when i run my live room
+1 Reply
FX_J4YD3N Akil_Stokes
a year ago
Ah ok well it was a brilliant trade has the price hit all targets?
Reply
Akil_Stokes TOP FX_J4YD3N
a year ago
just an advanced pattern, nothing too special about it but thank you. And no, none of my targets have been hit yet, but just moved stops up to insure that profit is the outcome nomatter what
+2 Reply
Gokin Akil_Stokes
a year ago
Hey akil, How can I get access to your live room. Im subscribed to syndicate but cannot get the software downloaded as I have mac and its not compatible..?
+1 Reply
Akil_Stokes TOP Gokin
a year ago
There's no live room on Monday's but a link for the room and password will be emailed out tomorrow morning
+1 Reply
Akil_Stokes TOP Gokin
a year ago
We're also working on moving the TradeFloor to our syndicate website instead of having it be a separate software that way mac users without windows can take full advantage of it. Not sure when that's going to be though
+1 Reply
Gokin Akil_Stokes
a year ago
Other then the software, does the site not have any features to follow live trade info?
+1 Reply
Akil_Stokes TOP Gokin
a year ago
No just the Warroom archives (once Jason gets back), the intro training course and the videos that I post a few times each week.
+1 Reply
Akil_Stokes TOP Gokin
a year ago
Are you able to purchase any type of software where you can run windows from you mac? I know most charting platforms aren't mac ready either which is why i ask
+1 Reply
Gokin Akil_Stokes
a year ago
I use "PlayOnMac" which allows me to run MT4 and few other windows software, but I'm unable to install the trading software on that. Would you have any other suggestions based on your users who may have mac? Im currently on the $1 period, I wouldn't want to continue it if I can't make the most of the programme...
Reply
Akil_Stokes TOP Gokin
a year ago
I'm honestly not sure as I'm not really good with computers. Shoot an email to Charles at Charles@tradeempowered.com and he can provide you with a much better answer than I can about that topic
+1 Reply
Just rolled stops up under the 19150's level as we look to fight off this strong psychological number at 192 even. With us being around 20pips away from targets it's not worth giving back the entire move if the sellers win here
+1 Reply
ArekJP Akil_Stokes
a year ago
great spot! what is your price target? (192.45 that's what im thinking - next structure)
Reply
Akil_Stokes TOP ArekJP
a year ago
I'm looking for 192.25s
+1 Reply
ArekJP Akil_Stokes
a year ago
yes - makes sense - 38.2 retracement . Thanks!
+1 Reply
marcus123
a year ago
great trade!
+1 Reply
Akil_Stokes TOP marcus123
a year ago
Thank you
Reply
petermp25
a year ago
I had this but it missed the entry by 0.006..
snapshot
+1 Reply
Akil_Stokes TOP petermp25
a year ago
I hate when that happens, unfortunately that's part of trading. Sometimes we just miss on getting stopped out as well so I guess it evens itself out
+1 Reply
petermp25 Akil_Stokes
a year ago
Yeah, it's happened quite a few times. The worst was NGAS 1 pip (0.001) away. But oh well.
At first i considered slightly raising/lowering my entry level in accordance with the D point but I thought that that wouldn't be a very good idea simply for a quick entry. As long as it doesn't happen for 90% of my Setups then it's okay.
+2 Reply
MaryJane
a year ago
THX for sharing..this is my opinion:
Bullish Flag?
snapshot
+1 Reply
Akil_Stokes TOP MaryJane
a year ago
Thanks for sharing
+1 Reply
DRK
a year ago
missed entry by 2 pips
Reply
Yahia.Awes
a year ago
I took the long because of this
snapshot
Reply
Yahia.Awes Yahia.Awes
a year ago
Result so far
snapshot
And I see a potential IHS. I know that is rare to happen at tops, but I see this pair going to 198 so I'm taking it. That will fulfill my long term plan, I'm hunting this pair as a predator!
GBPJPY downtrend channel since 1979
+2 Reply
Tijmen_K
a year ago
nice one akil!
+2 Reply
Akil_Stokes TOP Tijmen_K
a year ago
thanks, pain free for the most part
+2 Reply
Spot on .
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out