Monday & Tuesday were excellent trading days for me. Yesterday...well not so much. Today, however, is CYPHER DAY! as I'm currently involved in two bearish ones and now have the 
EURUSD on my radar for a bullish opportunity.
In the bottom left-hand corner I pointed out an area that you may want to consider when thinking about stop placement. And if you're a trader that doesn't use stops, or like's to move them...I highly recommend checking out the Trading Blog Link below as a conversation with a trader right here on Tradingview, lead to a fantastic lesson about the Dangers of either not using stops, or adjusting them. In my opinion, you need to do your homework on the position, find an area that tells you when you're wrong and stick to that price. Don't let the Trading Ego get in the way and cost you more money than you're willing to lose. Anyway.....
This trading idea also works well with theEURUSD shared earlier this week. Although I'm still not sold on a continuation higher, the opportunity for extended targets is much better than it previously was.
Akil Stokes
Trade Empowered
EURUSD on my radar for a bullish opportunity.In the bottom left-hand corner I pointed out an area that you may want to consider when thinking about stop placement. And if you're a trader that doesn't use stops, or like's to move them...I highly recommend checking out the Trading Blog Link below as a conversation with a trader right here on Tradingview, lead to a fantastic lesson about the Dangers of either not using stops, or adjusting them. In my opinion, you need to do your homework on the position, find an area that tells you when you're wrong and stick to that price. Don't let the Trading Ego get in the way and cost you more money than you're willing to lose. Anyway.....
This trading idea also works well with the
EURUSD shared earlier this week. Although I'm still not sold on a continuation higher, the opportunity for extended targets is much better than it previously was.Akil Stokes
Trade Empowered
Note
Today's news spike just filled me short on a smaller bearish bat formation on this pair
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tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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Coaching, Courses & Community
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.