Akil_Stokes
Short

GBPUSD: Potential Bearish Cypher

FX:GBPUSD   British Pound/U.S. Dollar
Following up on yesterday's idea, IF this market continues to rally (which is what we're hoping for) we're looking at a potential bearish cypher completing at the 1.46 even handle.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
YouTube https://goo.gl/Afk5sG
Facebook: https://goo.gl/VTQngr
Twitter: https://goo.gl/FlH33l
You Can Also Follow Me On Instagram, Periscope & StockTwits @AkilStokesRTM
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"




Andy_Parrish
10 months ago
Was looking at this one yesterday.

+1 Reply
Andy_Parrish Andy_Parrish
10 months ago
snapshot
+1 Reply
perl Andy_Parrish
10 months ago
need to have neaoharmonics of ninja trade
Reply
Akil_Stokes TOP Andy_Parrish
10 months ago
Nice good eye!
+1 Reply
JaouadMorgan
10 months ago
Would you recommend the SALE or BUY !
+1 Reply
Andy_Parrish JaouadMorgan
10 months ago
If I know Akil, I suspect he'd recommend doing what your trade plan and rules say. Obviously he can correct me if I'm wrong though!
+1 Reply
Akil_Stokes TOP Andy_Parrish
10 months ago
Correct you should always follow your plan as well.
+1 Reply
Akil_Stokes TOP JaouadMorgan
10 months ago
This is a bearish pattern
Reply
stratman PRO
10 months ago
What about a Long ;-)

IF the price hit 1,4260 THEN go Long
+1 Reply
Akil_Stokes TOP stratman
10 months ago
Currently that's not a valid pattern bu how I trade, but IF we get the a push to the cypher THEN I'll have that as a potential gartley. I'm not sure if you're in our Syndicate program but if so check out last nights video where we talked about the different ways to approach it
Reply
stratman PRO Akil_Stokes
10 months ago
Unfortunately, I'm not in your Syndicate program... so I don't know what is valid Gartley for you and what is the last nights video content. In any case, thank you for this comment Akil !
+1 Reply
Akil_Stokes TOP stratman
10 months ago
That's fine, for a valid gartley i require a deeper C retracement. I'll be keeping an eye on the same area as you so hopefully we'll get there and we can both ride it up
Reply
woodevlin
10 months ago
G'day, Akil. If I'm not mistaken, C breaks below the 1.414 extension of the XA leg. Is that okay, as long as it doesn't close below it? (as far as how you trade Cyphers)
+1 Reply
Akil_Stokes TOP woodevlin
10 months ago
correct
Reply
I got a smaller Cypher on the 60 min. while waiting for the bigger bearish one if we get there.
snapshot
+1 Reply
ThomasJeff_DCM PRO ThomasJeff_DCM
10 months ago
Now waiting for a possible Bat forming up during the night, or we get the full run to our D completion. Akil i really miss the weekly review videos on youtube, now you make them on Pariscope i know its live and you can interact with people, but there is no chart watching anymore in your videos, or outtakes of good conversation or other gems like it used to be, i miss that. Kind Regards
+1 Reply
Akil_Stokes TOP ThomasJeff_DCM
10 months ago
I still post weekend reviews, just didn't do one last week that's all
Reply
Akil_Stokes TOP ThomasJeff_DCM
10 months ago
https://www.youtube.com/playlist?list=PL3pkGkL2zWpHt7X4ZeT0w0n6hk0C8Lwx1
Reply
Akil_Stokes TOP ThomasJeff_DCM
10 months ago
Nice, easy pickings this morning
Reply
ThomasJeff_DCM PRO Akil_Stokes
10 months ago
There is a lot of pickings, yesterday i had 6 trades on Advanced patterns on a 10 pair portfolio on H1 H4 timeframe. Also notised in my journal that this year almost every winning trades goes to T2. Where as last year i gave up and earned more only trading T1. So if it last the month out i think i will change the stragegy back. just the last 2 weeks i missed 150 pips on T2 profits. The ATR is getting larger.
Reply
antonyde
10 months ago
Akil, what are you doing in case after you entered in any advanced pattern trade on 15min or 60 min and you are not able to watch it how it is evolving because it is time to go to sleep or for any other reason? How can set your targets in case price action goes lower than your first D leg point, looking for TG1?How then correct that level in order to hit 0.382? I would really be glad to hear your reply about this matter because it is worring me for a long time.It is something that prevent me from trading patterns when I don't have any control over them.Thank you
+1 Reply
antonyde antonyde
10 months ago
In addition to that,how can trail stops to B/E if you go for TG2 ? thank u again
+1 Reply
Akil_Stokes TOP antonyde
10 months ago
The majority of the trades that I take are big enough where I would be able to adjust, but other options are setting up an ATM strategy on ninjatrader, or do it from a mobile device .
+1 Reply
Akil_Stokes TOP antonyde
10 months ago
If the D legs moves while I'm asleep or say away from my computer then my targets just stay at there initial positions until i have the opportunity to adjust them
+1 Reply
antonyde Akil_Stokes
10 months ago
Thank you Akil,at last I found the answer!
+1 Reply
Akil_Stokes TOP antonyde
10 months ago
You're welcome
Reply
perl
10 months ago
to learn and use neaoharmonics ihave to use ninjatrade
Reply
Akil_Stokes TOP perl
10 months ago
Is this a question or are you trying to sell something?
Reply
olly_price
10 months ago
Great minds, had this on my radar for a few days
+1 Reply
Akil_Stokes TOP olly_price
10 months ago
nice!
Reply
PetriKleynhans
10 months ago
Nice one!

Quick question, this one turned 20 pips short. Is that considered as a completion, or does it have to hit the number?

Thanks Akil.
+1 Reply
Akil_Stokes TOP PetriKleynhans
10 months ago
No i would not consider it a completion
+1 Reply
PetriKleynhans Akil_Stokes
10 months ago
Thanks Akil.
Reply
Siyabonga_Ngcobo
10 months ago
good looking pattern there
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