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 typicially don't trade on Non-Farm Friday's, but we've seen a number of valid opportunities arise after the release in our live room and well...if it meets the rules of the plan, we've got to take the trades. Also my apologies for not putting out a video yesterday, I had a meeting that went long, but I'll be sure to get one out today! Akil Stokes Chief...
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...
Advanced Pattern Formations on GOLD
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)
I just posted a video explanation of this as well. But something I like to do each night is to work on my trading skills by picking out random charts & performing some technical analysis on them. Tonight I decided to share my analysis with you and I CHALLENGE YOU to get in the habit of hitting the gym (the charts) each night and doing the same. IF you do THEN...
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...
I just fired off a similar trade on the AUDUSD, but this opportunity looks even better. What I'll be looking for is an opportunity to get long the AUDCAD has price action comes down to test previous structure support. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube...
Pain free targets on our Kiwi trade from last night however we're now faced with an interesting dilemma as we inch closer to our bearish Cypher Formation completion point at 6793. In last night's video we looked at a handful of potential opportunities, but took a closer look at NZDUSD. Not only did we have the bullish Gartley Formation, but when doing our...
Since last week's trading was pretty rough I'm ooking forward to the opportunities that present themselves this week. For you NBA fans out there this has got to be how the Golden State Warriors feel tonight after suffering the biggest upset in NBA history to the Lakers yesterday. Her eon the USDJPY is a potential bullish Bat Formation completing at 112.42. i'm...