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...
Not all that much on my radar when ti comes to my person trading portfolio so for analysis purposes I went ahead and looked at a few other pairs that weren't able to make the starting lineup. Here on CADJPY 4 Hour we have a potential Bat pattern completion at 86.16's Appearing inside that Bat pattern killzone also exist some fibonacci confluence and a potential...
Not a pair in my portfolio but this is one that Jason Stapleton talked about in yesterday's WarRoom Meeting. Initially he was looking at a potential bullish 2618 opportunity, but we now also have a potential bullish Cypher pattern completing in the same killzone. Syndicate members, remember that there in no Warroom this morning but you do have access to both our...
Looking for a potential bearish gartley pattern on the USDCAD hourly chart. This is one of the only higher timeframe setups on my radar for today as the rest of my portfolio seems to be nose diving (especially those Yen pairs). I would assume that like yesterday we may have to spend some extended time on the range bars charts in order to see if we can hop on the...
After receiving an initial bounce off of last weeks Killzone on Gold. We're now retesting our wedge pattern breakout with an advanced pattern completion. this advanced pattern completion also represents the "C" leg of another potential pattern as well. But at the heart of things this is still a trend continuation trade. Akil Stokes Chief Currency Analyst & Head...
As the USDJPY finally shows some relief from it's tirade last week, we have a potential bearish bat pattern forming at a previous level of consolidation. The HTF structure lies a little higher at the red dotted line, but it would not surprise me at all if we saw a reaction between 114.50's and 116.00's Other pairs that are on my radar today $GBPUSD, $AUDUSD,...
Gold coming back into previous structure support
About a week ago I posted a chart looking at a potential bearish bat pattern on the EURUSD & told you that I'd be looking for reasons in my Live Trading Room to get involved in the move up to that level. Well this week I was able to take advantage of that opportunity & wanted to share with you the video demonstrating how exactly I did so. www.youtube.com I'm...
Potential Bearish Cypher Pattern on the Hourly Chart completing at 7184. 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 Instagram, Periscope & StockTwits @AkilStokesRTM
Following up on yesterday's idea, IF this market continues to rally (which is what we're hoping for) we're looking at a potential bearish cypher completing at the 1.46 even handle. 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...
Potential Bullish Trend Continuation trading opportunity on the GBPUSD. To create my potential reversal zone I've used a combination of structure, market harmonics and Fibonacci tools. Also if you missed it live yesterday I posted a recording of our week 5 trading recap video on my youtube page. If you're new make & you like what you see make sure you give me a...
I initially thought that Thursday & Friday would be our breakout days this week but it looks like the party has started a little early. Setting up on the EURUSD daily chart we have a potential bearish bat pattern completion up at the 1.1393-1.1500 level. I'm not a daily chart trader, but i will be looking intraday for an opportunity to hop on a retracement and...
Earlier in the week we looked at a short opportunity on the EURJPY. After a period of sideways movement the market have finally moved in our direction and is slowly inching towards targets. More importantly stops have now been rolled from an area that offered 100 pips of Risk, to the new worst case scenario being 85 pips of profits. (GREAT FEELING WHEN YOU KNOW...
After catching a pain free 2 target winner on our Bear Cypher pattern from last nights video we're now seeing price continue to roll down setting up 2 new potential advanced pattern setups. In Green is a potential Bullish Gartley pattern and in Blue is a potential Bullish Cypher Pattern. Akil Stokes Chief Currency Analyst & Head Trading...
For those looking to get short the EURJPY we have a potential double top and/or 2618 opportunity setting up. Looking left, price action has made its way back into a previous level of consolidation where the bulls were rejected and are now looking to test for a second time. The two trading opportunities that exist at this level are a double top sell at the candle...
Just a quick follow up from the trade I shared with you guys in last night's video looking at a trend continuation opportunity on GBPUSD. As the market established a double top overnight, counter trend traders will also have an opportunity to involve themselves in a 2618 trade as well. Make sure you check out yesterday's video for an explanation of the TCT...
After being stuck at the "D" completion point of a daily Bat pattern completion we've finally seen a break to the upside on this pair. We've not run into higher time frame (HTF) structure and I wouldn't be surprised if we saw some relief in price action. This trade setups offers something for both counter trend and trend continuation traders. For the counter...