EURUSD: 2 Potential buying Opportunities on My Radar 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 continues to bounce back and forth.
If a valid trading opportunity does not show itself at the blue kill-zone, I would then be looking to involve myself in the Bullish Cypher pattern at would complete down at 1.033.
Not noted on my chart, but for those looking to get short, that resistance level comes in at 1.350's
Good luck int he markets this week traders! And thanks for all of the great feedback on my "9 Habits of High Achievers" video. Good to see that a video like that does have your interest. I'll look to do more like that down the road.
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)
Ilovetrading
GBPUSD: Advanced Cypher Formation at Previous SupportLast 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 it as a Cypher Formation
B) Just use the Cypher Formation as the entry reason for the bigger structure based trade
C) Both
If you haven't seen it, make sure you check out the Live Periscope that I did yesterday called\
"9 Habits of High Achievers" www.youtube.com
Wishing you all a GREAT WEEK in the markets.
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)
GOLD/US DOLLAR: Potential Bullish Advanced Gartley Formation 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 Instagram, Periscope & StockTwits @AkilStokesRTM
AUD/JPY BUY!Even though prices are below KUMO they have just broken a trend line suggesting bullish momentum.
Prices also hold pretty well above the KS (purple line) which is a strong support.
Prices could move to higher levels from here.
tp1: 84
tp2: 85.813
Stop loss should be placed on the KS at around 81.950
Good luck y'all
EURUSD: How To Make A Trading Prediction (with Video Link)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 www.youtube.com
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