Akil_Stokes
Long

XAUUSD: 1 AT MARKET & 2 POTENTIAL GARTLEY'S

FX:XAUUSD   Gold / U.S. Dollar
Obviously we want to be very cautious going into tomorrow's trading session which features our monthly Non-Farm Employment change aka the Fireworks show. but was digging through some different markets tonight and noticed the abundance of opportunity setting up on gold             . The orange Gartley pattern is technically completed but features a very shallow "D" leg which significantly increases the risk and reduces the reward of the move. With multiple harmonic moves and Fibonacci confluence featured in that area it's worth taking a zoomed in view on a lower timeframe inside that "Killzone" and waiting for an alternate entry technique to see if you can grab a better price. Perhaps something to watch and not trade going into Friday.

SEE MY BEST TRADING IDEAS DAILY
https://buff.ly/2x7U6kT

FREE WORKSHOPS & TRAINING VIDEOS
https://tradeempowered.com/

WATCH MY LATEST TRADING VIDEO
https://www.youtube.com/akilstokes

CHECK OUT MY LIVE TRADING ROOM
https://buff.ly/2x8c2kt

ABCD on 4H and D1
+1 Reply
If anyone knows where i can get historical economic data, please send me a link, i'd appreciate it. thanks, have a successful day folks!
Reply
Excited about this new strategy i'm testing feel free to check it out, don't mean to clog your page.
NZDUSD Testing strategy Again
Reply
DayFarrell DayFarrell
i believe that the economic releases can be predetermine by the market also, i haven't started to work on it, but it's something that jumped out at me this week. that is my next course of study, which i don't think will be that difficult.
Reply
Maybe the Cypher on 4hr will give some insightful clues
snapshot
Reply
Hey Bekkerm, just wanted to say that what you have there is not a valid Cypher pattern as the C leg is too shallow
Reply
bekkerm Akil_Stokes
Thanks for the correction!
+1 Reply
bekkerm bekkerm
See where I made the error now. Everyday is a schoolday.
+1 Reply
I'm riding the downtrend on this one on my demo account trying out some stuff from the harmonics @ Fib levels lesson of the Pro Trader course.
Target is set at 1242, a little above the 1.618 extension, with some support structure in Januari & Februari at that level (right in the kill zone you defined).
+2 Reply
Akil_Stokes PRO Nico.Muselle
Nice, in my Live Trading room I always say when looking for places to take profits "think like the other trader" good stuff!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out