Akil_Stokes
Long

NZDUSD 1HR: Bullish Potential Garltey & Bat Patterns

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Not a lot out there today, for me at least. We've got a handful of fundamental events coming out once the New York             session starts so maybe the markets are waiting for them but keeping it short and simple we've got 2 potential advanced patterns that would complete at the exact same level here on the NZDUSD             . Despite the underlying trend being heavily bearish , we are a a weekly support zone which may cause some relief and consolidation.

The only other trade I'm in is the USDCAD             position from yesterday, but I know Jason Stapleton has a few ideas that he'll share with us when we do our morning Warroom meeting.

If you haven't done so yesterday make sure you check out my latest video "A 200+ Pip Trading Day" https://www.youtube.com/watch?v=s9GF0AYzajw and I wish you the best of luck as always in today's trading.

Akil Stokes
Chief Currency Analyst
www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM / Forex Weekend Review Videos:
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Akil Stokes -Head FOREX Trading Coach at Trade Empowered
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"Plan Your Trade, Trade Your Plan"




This one might work well.
Not sure about a drop under the bigger pattern's B though.
+1 Reply
Akil_Stokes TOP IvanLabrie
a year ago
yup that's why "potential" is the key phrase
+1 Reply
IvanLabrie PRO Akil_Stokes
a year ago
And it's validated.
+2 Reply
Akil_Stokes TOP IvanLabrie
a year ago
yeah but it's right before news
+1 Reply
AhmadHassan745
a year ago
cool
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ErrolMuller
a year ago
A 3 drives pattern might also be an option
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Akil_Stokes TOP ErrolMuller
a year ago
agreed
+1 Reply
Hi Akil, I have similar yet different idea involving 3drives and fib confluence
#NZDUSD Long Idea
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Akil_Stokes TOP TradeYodha
a year ago
Nice I know ErrolMuller was looking for a potential 3 drives as well. Curious though why are stops where they are?
+1 Reply
TradeYodha PRO Akil_Stokes
a year ago
Akil, actually I have been experimenting with combination of supply demand (RBR zone) and fibonacci/harmonics. So in my analysis those 2 horizontal lines are my PRZ and stop is below them.
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Akil_Stokes TOP TradeYodha
a year ago
ahh Nice!
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TradeYodha PRO Akil_Stokes
a year ago
JUst got stopped out :) but it has worked beautifully in a lot of cases.
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Akil_Stokes TOP TradeYodha
a year ago
I'm sorry to hear that, but like you said losses are a part of this business. if a trader can't handle taking a losses then they shouldn't be trading
+1 Reply
SmartTradingFX
a year ago
Time to long NZD/USD?


This is my take on the pair at the minute! Lets see how it plays out!

Any comments on my idea would be appricated!
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HamzaLeith
a year ago
Hi Akil, I love your work, I will start by stating that not only because it is true (it is you and Jason who made me start trading because with your youtube channels) but also so I don't get told that I am giving you destructive criticism. I think on this one these patterns didn't pay off because of the bigger picture. The move up from the 7th of July was corrective and we all know that is when patterns usually appear. However we didn't get a proper retest of that blue line we broke until today. I am expecting a little bit more to the downside due to fib-extensions ratio confluence and Elliott wave (which I know is not your method of trading). I love your work and please keep on publishing and benefiting this community.
snapshot
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Akil_Stokes TOP HamzaLeith
a year ago
Thanks for the kind words HamzaLeith, I agree this pair was extremely bearish and if it weren't for my advanced pattern rules (trade it if it's valid) I would have stayed away from anything bullish. Fortunately the move came during Yellen's testimony so i didn't get caught up in the loss, but it was one of those situations where I didn't really want to take it but had to remember process over outcome. Thank you for the comment
+1 Reply
HamzaLeith Akil_Stokes
a year ago
And that level of psychological toughness which you exert in these situations is admirable and I guess it is what separates the pro's like yourself from the rest.
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Akil_Stokes TOP HamzaLeith
a year ago
Psychology is key, trading is a skill so enough time in the market working on the right things will make anybody better, but being able to execute and deal with the emotional highs and lows is what separates the pros from the average joe's
+1 Reply
Divination by coffee grounds
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your prognosis is very good buuuuuuuu-gaaaaaa
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Akil_Stokes TOP alexander.gorodynsky
a year ago
Thank you!
+1 Reply
Tijmen_K
a year ago
Good evening akil, I wonder do you have A tutorial video for bat patterns?
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Akil_Stokes TOP Tijmen_K
a year ago
No, i have a lot of videos that involved Bats, but all of my training specific video only come in my training course, sorry.
+1 Reply
Tijmen_K Akil_Stokes
a year ago
No need to apologize man i Thank you for the good video's! I discoverd your YouTube account like 2 weeks ago (and subscribed) and learnt alot already great explenations! I will do some research about bat patterns to understand! Thanks again
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Akil_Stokes TOP Tijmen_K
a year ago
That's awesome, have you looked at any of the free videos I have on www.Tradempowered.com ?
+1 Reply
Tijmen_K Akil_Stokes
a year ago
Yes sir i have not all of them But ive been bussy with my work and stuf i Will water them all when i got some time :)
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Tijmen_K Tijmen_K
a year ago
Watch *..
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alexander.gorodynsky Tijmen_K
a year ago
what does this mean? nonsense
-1 Reply
Tijmen_K alexander.gorodynsky
a year ago
Beleave what you want mate.. Dont even care. Some People are bussy sometimes...
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Akil_Stokes TOP Tijmen_K
a year ago
make sure you get to the "Into The Grey" & "Turning Point" training videos
+2 Reply
Tijmen_K Akil_Stokes
a year ago
Okee nice, I am currently on Day 3 of turning point ;) Thanks again i really appriciate your and Jason's work!
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Akil_Stokes TOP Tijmen_K
a year ago
Sweet, that's one of my favorite ones. Looks like you made an enemy by the way, remind me not to make you mad hahaha
+2 Reply
Tijmen_K Akil_Stokes
a year ago
Hahaha indeed XD
+1 Reply
riskmode TOP
a year ago
will you take the crab now?
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Who here can show the work on forex, all just guessing.
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Akil_Stokes TOP alexander.gorodynsky
a year ago
You're correct, this is a business where we never know for sure what will happen. All we can do is make guesses. The key is to make educated guess and having an edge over the market, meaning that our guesses are not only more likely to be right than wrong (over time) but when we are right we benefit more than what we lose when we're wrong. Against what many traders believe, thanks to a lot of the junk out there on the internet most professional traders are about 60/40 max when it comes to their win/loss percentage. So I agree at the end of the day it certainly is a guessing game.
+3 Reply
alexander.gorodynsky Akil_Stokes
a year ago
you can give an indication for not knowing exactly that proizoydet.Ne ashamed?
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very bullish potential ha ha ha
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Who here can show your earnings on forex for 6 months?
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Akil_Stokes TOP alexander.gorodynsky
a year ago
You're probably not going to get much of a response from that question because anybody that is serious about trading isn't worried about sharing their earnings. I've discovered that the people who brag about how much they're making usually are the ones not making any money. If you check out our Syndicate program Jason Stapleton and myself share with you each and every trade we're looking at and taking. IT'S NOT A SIGNAL SERVICE but if gives you a chance to see how 2 professional traders handle themselves day in and day out of trading. I'll give you a clue, it's not always pretty. Lots of ups and downs. Some very glorious months and some months that are just a pure grind, but I think "real" traders need to see that it isn't all rainbows and unicorns, it's tough. Anyway here's the link if you want to check it out. http://promos.tradeempowered.com/syndicate-1-trial/
+3 Reply
alexander.gorodynsky Akil_Stokes
a year ago
Let's open competition Open Demo Account Champion will receive $ 5,000 Play for at least 3 months.Deposit = $ 5,000
+1 Reply
Akil_Stokes TOP alexander.gorodynsky
a year ago
That sounds fun, unfortunately most competitions do harm to a trader in the long run. Fun idea though. If you up the winnings some I'm sure you can attract some big dogs in the game.
+1 Reply
Comment removed
Akil_Stokes TOP alexander.gorodynsky
a year ago
As I mentioned before, nobody in their right mind is going to show you there money. If you want to see live results just talk to those who take part in my educational programs. We do it everyday wins and losses. Every trade we take is shown and every result is shared. I'm sorry for those who commit suicide due to forex. It's a very hard market to be successful at and although i believe that anyone CAN be a successful trader, so people just won't take the correct action needed to do so and I guess it can end badly. Sometimes you have to know when to call it quits I guess and try something else.
+1 Reply
Millions of people go bankrupt in Forex
Thousands commit suicide
but silent
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Tijmen_K alexander.gorodynsky
a year ago
How comes that you reply on trading view while you dont beleave of succes in trading?
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Akil_Stokes TOP alexander.gorodynsky
a year ago
I sleep very well at night so although it's tragic that people out there do that, due to trading or for whatever other reasons, it has no effect on me. And trust me, I've had freinds that have taken there lives so I have some first had experience on the topic
+2 Reply
dangap alexander.gorodynsky
a year ago
Don't let the door hit you in the arse on the way out
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dangap
a year ago
Am i on tradingview or T2W?
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Comment removed
Akil_Stokes TOP alexander.gorodynsky
a year ago
Come see for yourself http://promos.tradeempowered.com/syndicate-1-trial/
+1 Reply
dangap alexander.gorodynsky
a year ago
Dude take you and your crack pipe somewhere else champ, serious people on here are trying to learn off Akil and others alike. If you don't like forex then simply don't trade it or take the time to look at the link provided instead of running your mouth about crap you know jack s@#t about. Have a good morning/night.
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