I'm currently long this pair (1.2950) on an "at Market" Bullish Cypher Formation, but looking ahead, we also have an advanced Gartley Formation which would complete if price were to push lower.
Akil Stokes Chief Currency Analyst & Head Trading Coach TradeEmpowered.com -The Premier Online Trading Education Company
Yellen speaking in Philadelphia (My Home Town) at 12:30 (NY) Let's see how thins effects the USD. We're already under the assumption that rate hikes will be pushed back from June to December. I wonder if she'll bring that up or be asked about it.
Why dont you mention your SL ,, is it because where ever it bounce you will update the idea and say i said so ??? im glad you are loosing by the way
Akil_Stokes
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I can certainly understand your question and here's why I stopped mentioning stops an targets. From what I've experienced in the past, it causes traders to blindly follow my ideas. If you look back at my past ideas you'll see more than a handful of charts where I inform you when I was stopped out.
Akil_Stokes
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I just saw the part that said "I'm glad you're losing by the way" May I ask why? Do you just plain don't like me, or have I done something to upset you?
Bordoc
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Everyone is putting SL on different way, someone like it to be tight, someone leave bit space for price. For me this is still valid trade, But I did not enter on 0.786 % retracement, I was waiting for reversal signal below D point. And i did get signal really close to X, SL is 15 pips below X for me. You dont have any right to attack him, if you do not like his ideas dont fallow him
Akil_Stokes
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Thanks Bordoc, i'm still hanging on in this one as well
johnmad
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Better Set- Up for a Low R/R .
AB=CD with a perfect 161.8 Fib Extension