Akil_Stokes
Long

USDJPY: Bull Pattern In Bear Market (Part II)

FX:USDJPY   U.S. Dollar/Japanese Yen
6 months ago
Traditionally there are 3 ways to trade a breakout all depending on your level of aggression as a trader. The before the breakout and actual break has already completed which means waiting for the retest is the only option left for those looking to get involved.

I'm saving it for my Weekend Review, but I've been recording the analysis of this trade as well for those who learn better from seeing and not just reading. I'm not sure if I'm going to use it or not (it all depends on what lessons we discuss in the live Trading Room this week) but keep an eye out for it on my YouTube page.

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


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@AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
6 months ago
Trade closed: target reached: T1 Hit, taken out this morning on Trails. Would have been better off with a single Target on this one.
Akil Stokes -Head FOREX Trading Coach at Trade Empowered
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"Plan Your Trade, Trade Your Plan"




Tarantababu
6 months ago
Hello !
What's your stop and tp on this potential trade ?
+1 Reply
Akil_Stokes TOP Tarantababu
6 months ago
below previous structure support & and below previous structure resistance. My apologies for not being more detailed, but I've learned in the past that when i do so, people will blindly follow the trade based on the numbers I provide
Reply
CryptoTraderOne
6 months ago
Retest failed?
+2 Reply
Akil_Stokes TOP CryptoTraderOne
6 months ago
Nope
Reply
lzardoya
6 months ago
Hey How can I set up the rsi on trading view? I made the same analysis of a smaller triangle but it is correct too. Im long and with same target. Chek it out! I love yout posts and videos bro!!!!
+1 Reply
Akil_Stokes TOP lzardoya
6 months ago
Thanks! If you go to the "indicators" tab you should be able to add the RSI from in there
Reply
IAmAgainst
6 months ago
I was long from before but got out after seeing all those failed attempts to pass through that top, probably it was too conservative.. I'll buy again if it breaks it.
+1 Reply
Akil_Stokes TOP IAmAgainst
6 months ago
Nice! Congrats on your previous long as well
Reply
AhsanKhan
6 months ago
I really Like your idea.. But I am looking for G7 meeting impact on this trade. What is your view about it?
+1 Reply
Akil_Stokes TOP AhsanKhan
6 months ago
Thanks, I have no view on the G7, it doesn't affect my trading at all
Reply
bunah2
6 months ago
well done Akil
+1 Reply
Akil_Stokes TOP bunah2
6 months ago
Thanks
Reply
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