A good example of a 2618 opportunity here on NZDJPY. If you're unfamiliar with this technique check out the Free training that we have for it on our website. www.Tradeempowered.com Not much else catches my interest in the markets today gang so I'm looking forward to the weekend. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com...
The Euro has finally broken out of it's consolidation, which may not be a good thing since us pattern formation traders had a pretty decent run over the past few days. Anyway the LLLC leads me to make new predictions about the market and how I want to get involved. Technically speaking there are two opportunities that are on my radar. 1) A retest of previous...
Now that we've closed the New York session by putting in a LLLC below the 128.30's level, I'm now predicting to see a bearish continuation here on Canada. When will it happen? How will it happen? Who knows, that's the markets decision. All i can do is use my skills of technical analysis to try and make the best prediction that I can. After being broken, previous...
We have a potential Advanced Bat Formation forming on the hourly that comes in at a previous level of structure support that may now act as resistance. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl @AkilStokesRTM (Instagram,...
Following up on the video that I shared with you guys last week, making a few predictions on the GBPJPY. We are now approaching a retest of the "B" leg for this potential Advanced Gartley Formation. (By the way well done 2618 traders!) If you remember I was looking for a trend continuation opportunity & this advanced pattern formation would be a perfect entry...
Advanced Bearish Bat Formation on XAUUSD
I just recorded a video walking through the process of how I make predictions in the markets and try to stay one step ahead of them. In the video you'll see ideas for both counter trend, trend continuation & advanced pattern formation traders. *While you on my Youtube Chanel, I'd appreciate it if you hit the like button, shared the video with a fellow trader...
1st of all thanks for all of the great feedback on my recent article in FX Trader Magazine. You guys are great!!! Now to the charts! GBPUSD is making it's way down to a key decision point level. I call this level a decision point because how I decide to trade this will be determined on what type of decision is made by price action at this level. If you've been...
Depending on your trading style you can look at consolidation in one of two ways. 1) choppy boring & full of false signals or 2) choppy, boring & full of potential opportunities. For traders of these advanced pattern formations, it's usually the later and on the EURUSD, we have 3 of those advanced formations potentially setting up. I'll be keeping the 2 bigger...
I typically don't pay much attention to the market open on Sunday's but there were a few opportunities that I had on the radar from Friday which are offering a better price point for entry. One of those opportunities is right her eon the EURJPY Hourly time frame where we had an Advanced Gartley Formation complete late Friday. Currently price is below the initial...
Nothing fancy here, just short at structure Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl @AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
It's been a week since I've found anything to trade on the Euro, but maybe that will change soon as I have 2 potential buying opportunities on my radar heading into today's trading day. Still in consolidation I'm not predicting any type of continuation move, rather I'm looking for previous support and resistance levels that I can take advantage of as this market...
Last week I shared with you a video of a prediction made on the GBPUSD and what you could be looking for if you didn't get involved at the original entry. Well we never got the double bottom, however there is now a chance that we could see an advanced pattern formation complete in that same area. The three ways to attack this trade would be A) Strictly trade...
A potential bullish Advanced Gartley Formation that (depending on the reversal) may end up being the "C" leg for a potential Bearish Advanced Gartley Formation. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl You Can Also Follow Me On...
Bullish Cypher Formation on the GBPJPY Hourly Chart
Busy day today...now that the dust has settled it's time to ask ourselves "What's Next?" I took this opportunity to record a video going over the I.P.D.E. thought process that I use when performing technical analysis & walk you through how I go about making my trading predictions before looking for entry opportunities. Here's the link to the video...
Potential Bearish Gartley Pattern. With the completion being so close to the "X" leg it provides a really good risk reward ratio. Hope to see all of you guys for tomorrow's "Paradigm Shift" event. If you're not signed up shoot me a private message and I can get you the link to do so. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com...
Wssentially the EURJPY is providing both bullish & bearish signals depending on the HTF & TTF respectively. Because of this we opted to take a conservative approach to entries and depending on the close of our current candle we may get just that. The red & green boxes are the different ways you can look to place both stops & targets. Syndicate Members the...