Get started

Akil_stokes

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
USDCAD: Retest of previous structure SupportOne 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 Empowered on YouTube goo.gl Facebook: goo.gl Twitter: goo.gl Instagram: goo.gl Periscope: goo.gl
Long
by Akil_Stokes
10
NZDUSD: Potential 2618/Structure ShortJust 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 previous double top formation. Ultimately based off of my daily chart analysis, I would predict a bearish day tomorrow and a potential move down to the 0.7120's to 0.7060's level before seeing some more bullish involvement. I'm not currently involved in this move, but will certainly have it high on my trading radar as we move into Tuesday's trading session. I'll keep you guys updated if anything changes that is worth noting. Traders looking to potentially get involved tonight just keep an eye out for NZD Inflation Expectations news 11pm NY Time (as there are still high expectations of a Rate Cut in a few weeks) & RBA Cash rate/ Rate Statement Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Akil@TradeEmpowered.com Trade Empowered on YouTube goo.gl Facebook: goo.gl Twitter: goo.gl Instagram: goo.gl Periscope: goo.gl
Short
by Akil_Stokes
18
USDCAD: Potential Bullish Gartley & Bearish Bat FormationsTalk 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. (Think when Klay Thompson got hot against OKC & just started shooting from anywhere). What we have on the charts above are 2 potential advanced pattern formations. A potential bullish Gartley & a potential bearish bat. Also have you ever heard of the saying "You Can't Go Broke Taking Profits" Well if I released a video yesterday explaining why I think this statement is false. Along with some technical analysis on a USDJPY trade that made up for the though loser that I posted here last week. Also a look at our Syndicate equity curve. Please check it out as it may give a little more insight on my trading process & philosophy. www.youtube.com HAVE A GREAT WEEKEND!! Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company Trade Empowered on YouTube goo.gl
by Akil_Stokes
31
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
CYPHER FINISHING ON NZDUSD 4HA bullish Cypher pattern coming to a finish on NZDUSD 4H. Took the CD leg with target @ 786 retracement. Previous structure suggests a better entry near the 886, however rules are rules and are used for specific reasons. T1 @ 382 of CD leg, secondary target @ 618 nearing previous structure resistance (inside). Overall uptrend on this pair plays for a favorable pattern, perhaps a TCT larger trade. SL below X and slightly below previous structure low. Two Gartleys have worked out nicely on this pair. A missed pivot on .70550 makes for a good case of this pattern coming to a finish. Good trading.
Long
by Carlos_LL
AUDJPY: Advanced Bat Formation & Double TopAs the AUDJPY works it's way up towards previous structure highs, it's also created the potential for a Bearish Advanced Bat Formation as well as a potential double top (With the RSI overbought/showing bearish divergence) Looking left on the Daily timeframe it's also at a previous level of structure adding more for those looking to build a case for entry. 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)
Short
by Akil_Stokes
17
EURUSD: Two Levels on my Radar Part IVSorry for the late update I got caught up in England v. Wales, our PPT Event & then a 5 mile run. But as earlier today (after just missing a nice short opportunity grr!) one of my Live Trading Room members pointed out a potential bullish Advanced Bat Formation on the 4 Hour Chart that completed at the exact level that I'd been eyeing up all week. This provided me an opportunity to get long at 1.1132's and once again proved how important having a community of traders to work with each day is. Many will assume that everyone in the Live Room is a novice trader, which isn't true. We do have plenty of them, but we also have some very experienced traders in the room as well which allow us all to have extra eyes on the market. Now to pass out for a while (the legs are on FIRE!) 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)
Long
by Akil_Stokes
7
EURUSD: Two Levels on my Radar Part IIIThe Euro is still one of the main pairs on my trading radar as it has been all week. Although we've yet to reach the level where I have buying interest we have been able to take a few bearish day trades in anticipation. (If you missed my rant yesterday on the USD Bulls and the game they played during the FOMC yesterday make sure you check out yesterday's Syndicate video. Very Sneaky!) In today's day trading session I'll be looking for yet another bearish TCT opportunity in anticipation of us reaching our lower levels of structure support as there looks to be about a 40 pip range which is more than enough for the lower time frames. Swing trading wise, I'm still looking to buy starting at our Green box, but not aggressively so I'll have to wait for price action to dictate my decision making as I watch it test that level. 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)
by Akil_Stokes
27
EURAUD: Looking for a Bearish RunIf we end up getting a LLLC here on the EURAUD, my prediction for the next place that we'd see some buying pressure at is down at the 1.5050's-1.4950's level. As a buyer, that's where I would look next if I'm interested in trying to catch a pullback. If I'm a seller, then I'm looking for a retest of previous structure & a chance to hop on the downward move in anticipation of the level mentioned above. 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)
by Akil_Stokes
13