GBPUSD: 4 Hour Potential Bullish Cypher Formation Long

British Pound/U.S. DollarFXCM

Description

⋅ May 4, 2016 9:53 AM

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
TradeEmpowered.com -The Premier Online Trading Education Company

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Comment

⋅ May 4, 2016 11:20 AM

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

Comments

OsamaAbouzeid

⋅ May 4, 2016 12:31 PM

I short the pair in higher time frame as there is major structure level

Akil_Stokes

⋅ May 4, 2016 12:31 PM

Nice!

AzadAryan

⋅ May 15, 2016 10:20 PM

Akil is this trade still active??

Akil_Stokes

⋅ May 16, 2016 11:26 AM

No targets were already hit

AzadAryan

⋅ May 9, 2016 12:00 PM

trade activate???

Akil_Stokes

⋅ May 9, 2016 12:29 PM

Yes I'm active in this trade

wissam1982

⋅ May 5, 2016 11:08 AM

hi akil , i have a question why dont you publish this trade(gbpusd) bullish cypher at the syndicate?

Akil_Stokes

⋅ May 5, 2016 11:29 AM

I did, it's in the video I gave you guys on Tuesday

faisalhasnoon

⋅ May 5, 2016 5:29 AM

how many pair in your portfolio akil if you don't mind asking and can you tell us what is it :)thanks

Akil_Stokes

⋅ May 5, 2016 10:01 AM

I currently trade EU, GU, EJ, GJ, UJ, UC, AU, NU, AC