Obviously there's a lot going on here as I looked at this chart from a handful of perspectives so instead of trying to explain it here, check out the video that I just posted to my Youtube Page. The analysis on this pair starts a little after the 11:00 mark www.youtube.com Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The...
Deep Potential Bullish Gartley Formation seeting up on the $EURUSD Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Trade Empowered on YouTube goo.gl Facebook: goo.gl Twitter: goo.gl Instagram: goo.gl Periscope: goo.gl
Looking at a potential head & shoulders buy set up on the AUDCAD coming into a structure filled level. We also have a 61.8 fibonacci retracement with HTF confirmation at that level as well. Certainly a trade I'll be keeping my eye on tonight and tomorrow for a change to get long. Syndicate Members: Tonight's video will be discussing this opportunity. Akil...
We've had this one on our radar for a while now & finally price action has reached the completion point for our Bearish Advanced Bat Formation. (There's also a potential Bearish Advanced Cypher Formation hanging out a little higher) Because this pattern formation is to large for my liking, I'll be keeping an eye on the Pre-Brexit highs for a structure based...
Hey traders, the USDCAD as recently just broken a level of previous structure support opening the doors to some new analysis & new predictions. As I break down this price chart the opportunities that I have on my radar are LONG: A bullish Advanced Gartley Formation and a CTS trade featuring an AB=CD pattern at previous structure support. SHORT: If we get a...
Interesting situation that we have here on the EURUSD dollar. 1st and foremost the long that I took on the Sunday achieved initial targets at 1.1148, stops have moved to lock targets in & I'm shooting for 1.1220's to remove the next part of my position. (I'll walk you through this trade in Thursday's Video, if you haven't seen it already) However, we also have a...
Not a lot of time to explain in detail, but we're short at structure here on the GBPUSD looking for a TCT move to the bearish side. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Trade Empowered on YouTube goo.gl Facebook: goo.gl Twitter: goo.gl Instagram: goo.gl Periscope: goo.gl
Here's a chart of the analysis that I did in tonight's video showing you how I would conduct my technical analysis on the EURUSD prior to tomorrow's Jobs report. I don't even pretend to know or predict what the outcome will be. All I can do is attempt to stay one step ahead of the markets by preparing any potential trading opportunities before hand instead of...
LOT's of trades on the radar today. I'm currently long on 3 pairs and have another 5 on the radar. One of those pairs on the radar is the EURUSD which I originally posted yesterday, looking for a retracement back into previous structure support & an opportunity to go long. As I was responding to comments this morning (before starting my morning round of Top-Down...
Here's a look at one of the trades that we're going to look at in tonight's Syndicate video (just emailed out!) on the EURUSD and a great example of putting our I.P.D.E. thought process to work. Price has just broken above previous structure resistance, giving us the indication that we're likely to see a continuation higher. The buying opportunity would come on a...
One of the trades looked at in this morning's Live Trading Room session. Long USDCAD at 1.3019's on a retest of previous structure support. Used an aggressive entry, but this opportunity as an excellent risk to reward on it. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Trade...
Just checked in on the Kiwi this morning & price action has made it's way back to retest the double top. I'm now currently short looking for a move lower. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Trade Empowered on YouTube goo.gl Twitter: goo.gl Instagram: goo.gl Periscope: goo.gl
Just shot a video breaking this one down to our Syndicate members. What we're looking at is a potential 2618/Structure short opportunity on the NZDUSD. IF we get a break & close below our previous structure lows (see last bearish candle), we will be given multiple ways to enter this short opportunity, both involving waiting for a retracement back into our...
Talk about a great week of trading. (without jinxing) it we've been able to erase all of our summer drawdown & achieve new equity highs for the trading year (assuming we don't do anything dumb today). With that being said I'm certainly taking a cautious approach to the markets & and ensuring that I don't get sucked into any type of overconfidence type of trades....
Each Monday I hold a private training lesson for our Transformation members and today the topic was the Combined Technical Scoring System (CTS) During the lesson I talked to them about my personal journey & how I went from a very conservative CTS trader to someone who no longer requires a score. With that being said I've ingrained the process into my daily...
Nothing much on the pairs in my trading portfolio, so looking at a few of my bench warmers in order to get some reps in before our Live Trading Day starts at 8. We've had some decent back and forth action recently on the EURAUD and although this type of formation typically breaks out to the bullish side, I wouldn't be surprised to see a ppush down to 1.4700's...
Bullish Advanced Gartley Completion on Silver at 19.706 Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Trade Empowered on YouTube goo.gl YouTube goo.gl Facebook: goo.gl Twitter: goo.gl @AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
Potential Bearish Advanced Bat Formation setting up on the GER30 Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Trade Empowered on YouTube goo.gl YouTube goo.gl Facebook: goo.gl Twitter: goo.gl @AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)