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Akil

Potential BatHey all, Been a little quiet in the markets lately for me with my patterns - but as long as were not forcing trades that's completely fine. Seen a potential Bat pattern here on NZDUSD that's still a while from completing, however I always like to draw them on early so I can easily see them later. I will become a lot more interested if the green dotted line becomes broken (the lowest point of the B leg) which signals a break of structure downwards. This means the pattern is much more likely to complete based on my experience. Will be paying attention to it for the rest of this week. Fibsii
Long
by FIBSII
AUDUSD BatHey all, Heres a recently completed Bat pattern we were entered in Long this morning. This completed just above the 88.6% completion zone so you may or may not have been filled on this depending on your broker and spreads. Will be looking for a usual push up to a 38.2 and a 61.8 retracement of A-D. We've started to make a move in that direction with some buying pressure but we shall see what happens on the coming days! Fairly small pattern so shouldn't take too long to decide what its going to do. Any questions just ask, Fibsii
Long
by FIBSII
AUDUSD Prediction...Hey all, Been watching this Potential Bat pattern for a while now. Recently we have had a break of structure to the upside indicated by the break of the first green box, and we are now retracing back down into it. I would now be expecting the market to again make a NSH into the bat completion zone, before rolling over for some profits. If we get up there that is our plan, and if it never does it then we simply don't take a trade and look for another opportunity. Fibsii Team
by FIBSII
GBPJPY: Some Longer Term Analysis (Long & Short)I apologize for the sloppy chart but this was the trade that I recently discussed in my Forex market Preview video & didn't want to erase anything just yet. (Link to my youtube page is in the "signature" box below) But essentially there are two potential trading opportunities that I have my eyes on for this pair. A potential counter trend trade (SHORT) if the market were to make it's way up to previous structure resistance. And a trend continuation trade (LONG) if we were to see some relief, in anticipation of a continued move up towards previous structure resistance. Either way i'm predicting that the market has room for more bullish movement, the question is "How Will It Get There?" and How/IF I will be able to get involved. We shall see!
by Akil_Stokes
6
USDCAD: Gartley, Gartley. Gartley & Canada NewsHey traders, take a look at the USDCAD and you'll see that we have 3 Advanced Gartley Formations showing up on the chart. I'm already long the higher time frame pattern formation in yellow. but for those who are not, be sure to keep an eye on the potential bearish & bullish setups that may complete today. NOTE Today at 10:30am We have Crude Oil Inventories being released along with a Bank of Canada Press Conference at 11:15am & Governor Poloz speaking at 4:15pm Good luck in the markets today traders! Trust your plan and trade it!
by Akil_Stokes
44
AUDCAD: Another Successful 2618 Turned Potential Gartley We saw this earlier in the week on the DAX, but chart above features a completed 2618 trade that is now looking to potentially complete a bullish Advanced Gartley Formation down at the .9957 level. This type of trade represents a perfect example of when to use a "Stop and Revers" (SAR) in order to liquidate the remained of the original positions and immediately get involved in the new one. With this being the last trading day of the week I'm interested to see how things play out. I'm having a good week thus far BUT I've got a few positions open on YEN pairs that are holding a lot of risk so the numbers can easily flip. As always I'll keep you guys updated in my next video. Good luck out there today traders. TRADE SMART
Long
by Akil_Stokes
28
DAX: PERFECT 2618 TRADE TURNING INTO A POTENTIAL BAT FORMATIONNot too much on my Forex watchlist so I took a few minutes to scan through a few other markets just to get the eyes warmed up for today's trading (going off of Charles Warroom Topic of "hitting the trading gym"). Price action on the DAX typically works very well with my style of trading so I love performing analysis & making predictions on it. What we have is a picture perfect 2618 trade (in pink) that is now setting up a potential Bullish Advanced Bat Formation. For traders who take secondary targets on the 2618 this is a perfect example of when to use that "Stop & Reverse" technique to liquid one position and involved yourself in the next. Good luck in the markets this week traders as we begin our final stretch of the 2016 trading year.
FX:GER30
by Akil_Stokes
11
AUDCAD: The Right ShoulderLooking 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 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
Long
by Akil_Stokes
9
EURUSD: Potential Longs before the Advanced Pattern Part 2LOT'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 Analysis ) as trader mentioned that they saw a potential advanced cypher formation completing in the killzone that I had on my radar and you know what....it looks like an excellent opportunity to get involved. IMPORTANT LESSON I mentioned above that I have about 8 potential (or current) opportunities on my radar, which is nearly my entire portfolio. This is where money management and correct position sizing come into play. It's very important that we're not overexposed in the market and do major damage to our account if the worst case scenerio occurs. 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 Instagram: goo.gl Periscope: goo.gl
Long
by Akil_Stokes
22
EURUSD: Potential Longs before the Advanced Pattern 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 retest of that broken resistance which may now act as support for the new trend. Also for anybody looking to see what the "Reality of Trading" really brings. I've just uploaded a very emotional video to my youtube channel. If you're a newer trader this is a MUST WATCH! goo.gl 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
Long
by Akil_Stokes
8
CADJPY: CTS Trade From This Morning's Training Lesson 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 evaluation of a price chart & this was the example that I used to show them how I still use it without actually using it (if that makes sense) Anyway, what we have above is a level of potential structure support that has been tested a few time is the recent past as both support & resistance. We also have an AB=CD patter, Fibonacci Ratio confluence & a potential advanced Bat Formation resting in that zone as well. This makes for a great example of taking the clues that the market provided with and putting them together in order to find quality trading opportunities. 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 @AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
Long
by Akil_Stokes
EURAUD: Consolidation Between Structure LevelsNothing 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 first and even a retest of the channel lows. 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 @AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
Short
by Akil_Stokes
10