EURUSD: Bullish Gartley (Repost)/How To Grow Your Account Video Hey guys, we've been watching this potential setup for a while & price action is finally in striking distance of you D point completion. Therefore I wanted to repost this chart just as a heads up. Keep an eye out for the *ADP Number at 8:15 Eastern.
I'm heading out of town so there will be no more post from me this week, however I did leave you guys a short video addressing a common question that I get about "How To Grow Your Trading Account" of course my answer probably isn't what you'd expect to hear, but I'm also not like most traders. Here's the link www.youtube.com
Please let me know what you think by leaving a comment under the youtube video. Don't forget to LIKE, SHARE & SUBSCRIBE too, that helps me out a lot.
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Akil Stokes
Chief Currency Analysis at Trade Empowered
Click Here for 20+ hours of FREE Training
tradeempowered.com
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Learntotrade
USDJPY: Rising Wedge Into Previous Structure (read description)I’m looking at a rising wedge type of pattern forming here on the USDJPY that is working it’s way toward a pretty significant level of structure (look left). We typically see a breakout to the downside with this type of setup as it represents the market losing steam after a high volume move.
I’ll be looking for short opportunities on this pair in the Live Trading Room, but we might want to keep out eyes on the 8:15 ADP number as we are still looking at a very bullish dollar.
This is my last active trading day for the week as I’m headed out of town but I didn want to leave you guys with a short video titled “How to Grow Your Trading Account” Here’s the link Here's the link to my youtube video "How To Grow Your Trading Account" here’s the link.
www.youtube.com
Hitting the LIKE button, leaving a comment and sharing on my youtube page would be a BIG HELP!
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Akil Stokes
Chief Currency Analysis at Trade Empowered
Click Here for 20+ hours of FREE Training
tradeempowered.com
Facebook: www.facebook.com
Twitter: twitter.com
EURJPY: Potential 2618 Trade with (How to video in description)Here on the EURJPY we have a potential 2618 setup in the works. I say potential because I have no clue what the future of this current leg is, all I can do is Identify, Predict, Decide & then Execute. Here’s a link where you can take the FREE training on this particular strategy (tradeempowered.com ) but essentially, what I’m looking at is a double bottom signaling a reversal and a retest of that that simple pattern as a way to hop on the next leg of the move.
Slow trading this morning were you guys over in London fast asleep? Anyway, aside from this setup all I’ve got is the GBPUSD, EURAUD and GBPAUD on my radar this morning. I think GBPAUD is a steal of an opportunity, hopefully I’ll have a reason to get involved this week before I head out of town. The last thing I want to do is be worried about how my trade is going while up in the air.
As always good luck today traders and below are some links if you’re interested in any more free trading content.
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Akil Stokes
Chief Currency Analyst at www.TradeEmpowered.com
Click the link below to subscribe for more FOREX TRADING videos
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EURUSD: Potential Bullish Gartley Pattern w/ Great Risk v RewardNot a lot on my radar this morning which is perfect seeing how Monday’s are typically days where I let the markets wake up after the weekend. One pair that I’ve been continuing to watch closely has been the EURUSD which has provided a lot of opportunity over the past month or so.
The chart before you shows a potential bullish Gartley pattern completing extremely close to the “X” leg. As I shared with my Syndicate members in this morning’s trading video, this is a really good thing, because it puts us in a situation where we don’t have to risk as much and can potentially receive a greater reward if the trade goes in our direction.
I usually don’t take patterns too seriously until the “B” leg is broken so there may be a few bullish opportunities beforehand, but that’s something I won’t be interested in until tomorrow.
Good luck in the markets this week traders and as always, if you like this post PLEASE HIT the THUMBS UP button, and if you have any question, comments or would like to share your views on this pair don’t hesitate to type in below.
Akil Stokes
Chief Currency Analysis at Trade Empowered
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Click Here for 20+ hours of FREE Training
tradeempowered.com
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Click the link below to subscribe fto my Youtube page
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NZDUSD: New Structure Low, Outside Return, New Structure Low?Hey gang, first of all thank you for all of the great comments on yesterday's youtube video "How Do Know If My Trading Strategy Is Failing" (www.youtube.com) You guys said that you've learned a lot and please continue to let me know exactly what that was in the comments section on Youtube.
Today I've got bearish cypher patterns on both EURJPY and EURAUD on my radar, but felt like sharing a structure based trade with you this Friday to mix things up. Similar to the AUDUSD (but not the same), the Kiwi has just broken and closed below a level of structure, with a much more significant level resting below. I like to say that structure acts like a magnet so I'm predicting that the market will be pulled towards that lower level. Therefore I'll be looking for reasons to short the Kiwi this morning in the Live Room as the market creates a pullback.
Obviously there;s no way to tell now if I'll actually get involved in the trade or not, but my eyes will be glued to this one on the lower timeframes. Wishing all of you a great weekend and do me a favor, if you liked the video above, make sure you subscribe to my channel. I'd like to inspire as many traders as possible so tell your trading buddies to check it out!
Akil Stokes
Chief Currency Analyst
www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM /
Forex Weekend Review Videos: www.youtube.com
EURUSD: Bull Gartley w/ Great Risk Reward*Just realized we have an ECB Press Conference Today at 8:30am NY. Be careful with this one up to that point* Great day of trading yesterday as I ended the day with a single win (usdcad) and a singles loss (eurjpy). For those familiar with those two trades, I'll take that any day of the week. For those looking for more information on yesterday's USDCAD trade make sure you subscribe to my youtube channel as I'll have a video up at some point today looking at it. (www.youtube.com)
Today's radar is thin, only the usdjpy, audusd and this eurusd trade (Dark Blue Gartley). This is a sloppy one (I'm watching it on the 4hr but wanted to show the bigger one as well) but it's a deep gartley pattern which if completed would provide an entry right near our X leg aka previous structure lows. Now, we know that FX data is often different depending on your broker so make sure you double check you "B" leg. Remember if it hits that 78.6 it's no longer a gartley pattern. Risk reward is great on this one 1:2 min for me and for some of you using less forgiving stops it's probably a lot more.
I've got some time before the Live Room kicks off so i'm going to do some reading and catch a little bit of the British Open before the opening bell. Good luck today traders and thanks again for all of the love shown yesterday.
Akil Stokes
Chief Currency Analyst
www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM /
Forex Weekend Review Videos: www.youtube.com
NZDUSD 1HR: Bullish Potential Garltey & Bat PatternsNot a lot out there today, for me at least. We've got a handful of fundamental events coming out once the New York session starts so maybe the markets are waiting for them but keeping it short and simple we've got 2 potential advanced patterns that would complete at the exact same level here on the NZDUSD. Despite the underlying trend being heavily bearish, we are a a weekly support zone which may cause some relief and consolidation.
The only other trade I'm in is the USDCAD position from yesterday, but I know Jason Stapleton has a few ideas that he'll share with us when we do our morning Warroom meeting.
If you haven't done so yesterday make sure you check out my latest video "A 200+ Pip Trading Day" www.youtube.com and I wish you the best of luck as always in today's trading.
Akil Stokes
Chief Currency Analyst
www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM / Forex Weekend Review Videos:
www.youtube.com