Akil_Stokes
Long

USDJPY: Potential Bullish Advanced Cypher Formation

FX:USDJPY   U.S. Dollar/Japanese Yen
6 months ago
Happy 1st official NFL             weekend to you traders! During halftiem of the Cowboys v. Giants game I decided to perform a quick round of analysis to see if anything needed to be watched prior to my trading week and I actually found a handful of pairs that interest me.

One of which is the USDJPY             where we have a potential bullish Advanced Cypher formation in the works, looking at a "D" completion at the 101.75 area. Also if you look left...and even lefter, you'll notice the previous levels of structure that we're coming in to.

For those who have a weekend left I hope you enjoy the rest of it and hopefully my Cowboys can pull off a win tonight, and my Toffes can earn 3 points and climb to second on the table tomorrow.

Akil
6 months ago
Trade active
6 months ago
Trade closed: target reached
6 months ago
Trade closed: target reached: Secondary targets smashed. All Flat. Good trade gang!
Abozahra PRO
6 months ago
Thx for sharing!
+1 Reply
Akil_Stokes TOP Abozahra
6 months ago
No problem!
Reply
BloomDavies
6 months ago
I think ive heard look left this weekend about 100 times. As i have just spent the weekend watching your youtube vids by jason!

Thanks !
+1 Reply
Akil_Stokes TOP BloomDavies
6 months ago
If you're anything like me then you'll be dreaming about it too very soon
+1 Reply
TomPower BloomDavies
6 months ago
Bloom, to be honest I'm tired of structure leaves Clues as well . like hey you've got a real secret here.
+1 Reply
BloomDavies TomPower
6 months ago
Ha we could almost make a sound board with all the lines he drills into your head!
+1 Reply
Cpierrot
6 months ago
Go Cowboys! And go cyphers! Lol...best of luck trading this week!
+1 Reply
Akil_Stokes TOP Cpierrot
6 months ago
Thanks, hopefully trading this week goes better than the Cowboys finish. (No Dumb Mistakes)
Reply
pvfernandes20
6 months ago
thanks for sharing your thoughts i noticed that as well and hopely we are right

Best luck trading!
+1 Reply
Akil_Stokes TOP pvfernandes20
6 months ago
Thank you, and best wishes right back at you as well
Reply
moestaples
6 months ago
Just seeing this thanks for posting
+1 Reply
Akil_Stokes TOP moestaples
6 months ago
No problem!
Reply
Kareem
6 months ago
I think there is a valid bat pattern on the 15 min, D leg @ 102.10, is this something you would look at taking before the cypher?
+1 Reply
Kareem Kareem
6 months ago
I meant a Gartley.
Reply
Akil_Stokes TOP Kareem
6 months ago
If it's a valid pattern and during my day trading hours then yes
Reply
gadzmustbecrazy
6 months ago
USD/JPY Bearish Gartley? just a chart. Trade at your own risk
what about this sir? Is this not a valid pattern?
+2 Reply
Akil_Stokes TOP gadzmustbecrazy
6 months ago
It's not for me. Could be if the cypher fills but currently no
Reply
gadzmustbecrazy Akil_Stokes
6 months ago
ty sir :)
Reply
ChandanaHerath
6 months ago
Thank you for sharing Akil
+1 Reply
Akil_Stokes TOP ChandanaHerath
6 months ago
You're welcome Chandana
Reply
Ian.Watts
6 months ago
come on you Dolphins
+1 Reply
Akil_Stokes TOP Ian.Watts
6 months ago
Man I thought you guys were going to pull that off
Reply
Ian.Watts Akil_Stokes
6 months ago
i missed the result Akil
+1 Reply
Akil_Stokes TOP Ian.Watts
6 months ago
Seattle won, which was good for me
+1 Reply
Ian.Watts Akil_Stokes
6 months ago
I will give you that one as a present for your contribution for teaching me the tricks of the trade
+1 Reply
Akil_Stokes TOP Ian.Watts
6 months ago
I appreciate it Ian!
Reply
SinatraFX
6 months ago
Thanks for the chart. Works like charm.
+1 Reply
Akil_Stokes TOP SinatraFX
6 months ago
You're welcome
Reply
YoussefRazak
6 months ago
snapshot


Trade on.. Hope for a nice week ...
+1 Reply
YoussefRazak YoussefRazak
6 months ago
snapshot
+1 Reply
Akil_Stokes TOP YoussefRazak
6 months ago
Thanks for the share
Reply
Akil_Stokes TOP YoussefRazak
6 months ago
Nice! Good luck
Reply
victor.marquez
6 months ago
Thanks Akil!
+1 Reply
Akil_Stokes TOP victor.marquez
6 months ago
No problem Victor
Reply
Gozie
6 months ago
Hello Akil, Thanks for Sharing. I want to clarify something with you. I have the constellation software that provides me with the Pattern as they occur but the Cypher that I can see on the USDJPY pair is different from the one you just published. My X point is at around 101.193 and my D completion is at 101.59. Is the difference because of the way you drew yours or is what?

Thanks for clarifying.

cheers
+1 Reply
Akil_Stokes TOP Gozie
6 months ago
hey Gozie! Yes constellation looks to have chosen a lower "X" leg than the one that I identified
Reply
Gozie Akil_Stokes
6 months ago
Thanks Akil, I thought as much, I see that Constellation is conservative in its approach and I like that as the X point is exactly at the lower bound on my 240 DSR point (yes I bought DSR too), Tradeempowered has made my trading learning curve a smooth one. Hopefully my next purchase, I will get a Discount when I want to join the syndicate programe.

cheers
+1 Reply
Akil_Stokes TOP Gozie
6 months ago
Thanks Gozie, I don't think there's going to be an discounts on the Syndicate. being under %50 a month is as low as we can go aside from the 50% discount for those who sign up for a year. Now that you're filled let's see if we can rally again
Reply
Gozie Akil_Stokes
6 months ago
My Target 1 reached @ 38.2Fibs, fingers crossed for target 2 @ 61.8Fibs
+1 Reply
Akil_Stokes TOP Gozie
6 months ago
Well done! We're not too far away from seconds targets so i'm right with you hoping we see a bump to 102.40
Reply
Akil_Stokes TOP Gozie
6 months ago
Talk about a great start to the week! 4 for 4...however we no the losses are coming
Reply
Gozie Akil_Stokes
6 months ago
Yeah, I know. Had a one last week. In all, my investment on constellation and DSR is a perfect one.just so glad I bumped into Tradeempowered.com by chance..
+1 Reply
Akil_Stokes TOP Gozie
6 months ago
Thanks for the love!!
Reply
Gozie Akil_Stokes
6 months ago
My second target just got hit with 88 pips in the bag. (up Advance pattern trade :))
+1 Reply
Akil_Stokes TOP Gozie
6 months ago
Well done, that's the reward for executing and sticking with a "good" trade. Now to find the next!
Reply
Gozie Akil_Stokes
6 months ago
just got filled at 101.600
Reply
SiamSamuhatananon
6 months ago
Sir what expext SL?
+1 Reply
Akil_Stokes TOP SiamSamuhatananon
6 months ago
On advanced pattern formations stops need to go beyond the "X" leg
Reply
SiamSamuhatananon
6 months ago
Sry what expected TP?
+1 Reply
Akil_Stokes TOP SiamSamuhatananon
6 months ago
38.2 & 61.8 fibonacci retracement
Reply
amitbnl07 PRO
6 months ago
snapshot
Reply
Wallstreet_CCCC
6 months ago
Hey akil, good spotting, but this one didnt play well, at least in short term. lets see what it does today, should sky rocket today :)
+1 Reply
Akil_Stokes TOP Wallstreet_CCCC
6 months ago
Thanks, it actually worked out well for be achieving first targets overnight. Hopefully you're able to get a continued move in your direction today
Reply
Wallstreet_CCCC Akil_Stokes
6 months ago
Yeah that was good, but its so annoying that it takes time to pull off :D but okay haha. I'm a leveraged trader, so I have to position myself in pretty good. And yeah akil, that was good :) went out at 102.30 and doubling my stake. Cheers :)
+1 Reply
Akil_Stokes TOP Wallstreet_CCCC
6 months ago
Well done!!
Reply
mcarl42
6 months ago
Well that went way down , I found it hard to enter wasn't finding bottom . how to you find to bottom , higher highs I suppose
+1 Reply
Akil_Stokes TOP mcarl42
6 months ago
With advanced pattern formations I enter aggressively that the "D" completion
Reply
mcarl42
6 months ago
Just entered usdchf. Short on a head and shoulder . looking like its following complex pattern down , and comments .
+1 Reply
Akil_Stokes TOP mcarl42
6 months ago
That's not a pair I trade so i'm not familiar with what's happening on that chart sorry. In general, if what's on the charts meets what your trading plan tells you that you need to see. Then I'd call in a good trade
Reply
mcarl42
6 months ago
Any**
Reply
mcarl42
6 months ago
Kewl .
Reply
DrorShabo
6 months ago
T1 FILD! BIG UP!
Stop loss go to break-even

Thanks to the set-up
+1 Reply
Akil_Stokes TOP DrorShabo
6 months ago
Well done!
Reply
imdbesttrader
6 months ago
USDJPY - Head and Shoulders Pattern in making- Short is the call
+1 Reply
Akil_Stokes TOP imdbesttrader
6 months ago
Thanks for sharing your idea!
Reply
Loizosantonas1
6 months ago
Perfect!!
+1 Reply
Akil_Stokes TOP Loizosantonas1
6 months ago
Thank you
Reply
gadzmustbecrazy
6 months ago
nice! the pattern did materialize! However, it went beyond 88.6% as well. Can we also treat this as a bullish shark pattern? When do we say if it's going to be a cypher or a shark pattern?
+1 Reply
Akil_Stokes TOP gadzmustbecrazy
6 months ago
The 88.6% has nothing to do with the Cypher Formation, but referring to your shark question, I'm not too familiar with that pattern formation so you may want to ask that question to a different trader. Sorry, it just wouldn't be right to give any advice on something I don't know.
Reply
Wallstreet_CCCC
6 months ago
Bearish divergence RSI on 4H
Reply
Wallstreet_CCCC Wallstreet_CCCC
6 months ago
Oh sorry, wrong here haha, I meant USDCAD :)
Reply
PHL
6 months ago
left, lefter, the leftest! :)
+1 Reply
Akil_Stokes TOP PHL
6 months ago
I like, i like! "look leftest structure leaves clues"
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out