GBPUSD: 4 Hour Potential Bullish Cypher Formation

FX:GBPUSD   British Pound / U.S. Dollar
Potential Bullish Cypher Formation @ 1.4398. Because of the amount of risk on this trade I won't be entering at the normal "D" completion point, rather a lower level within the killzone.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com -The Premier Online Trading Education Company

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Comment: The other pairs on my radar for today are EURUSD, EURJPY, GBPJPY (Involved) & USDCAD. Also News events on my watch list are the ADP Non Farm (USD) at 8:15, Trade Balance (CAD) at 8:30 & ISM Manufacturing (USD) at 10:00
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Akil is this trade still active??
+1 Reply
No targets were already hit
trade activate???
+1 Reply
Yes I'm active in this trade
hi akil , i have a question why dont you publish this trade(gbpusd) bullish cypher at the syndicate?
+1 Reply
I did, it's in the video I gave you guys on Tuesday
how many pair in your portfolio akil if you don't mind asking and can you tell us what is it :)thanks
+1 Reply
Akil_Stokes PRO faisalhasnoon
I currently trade EU, GU, EJ, GJ, UJ, UC, AU, NU, AC
faisalhasnoon Akil_Stokes
Is that it ... Wow .. I thought more is better but I guess less is more now :) I guess u come up with this portfolio after a lot of back testing is that all your portfolio or u change every year ?
+1 Reply
Akil_Stokes PRO faisalhasnoon
I tell my clients that it all depends on a the trader. If you're trading a limited amount of strategies, it's easier to handle a larger portfolio and if you're trading a lot you probably want to minimize your portfolio. I've traded as much as 15 in the past and it's just too overwhelming as it's hard to build that needed relation with each pair. It also leads to a lot of missed or miss managed trades and of course a lot more exposure in the markets. I make changes every now and then, for example I dropped 2 pairs this past October, but for the most part it stays concrete.
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