CONVERGENCIA PARA COMPRA Estamos viendo un testeo de la estructura alrededor de los 0.736 como opción de compra. Este movimiento va junto con una tendencia alcista de las últimas semanas.
Structuretrading
CADJPY: Price Action & StructureHey traders! As you know I like to work on my craft my scrolling through a few pairs that are outside of my trading portfolio and practice my chart reading and predictive analysis.
Her eon the CADJPY 1 hour I would a potential trend continuation setup as price as recently created new structure lows and has started to retrace back into a previous level of support which we'll look to act as resistance.
It's Thursday and I just released my Weekend Review Trading video titled "Trading Consolidation/Breakout Patterns" going over the USDJPY trade that I posted earlier in the week. www.youtube.com
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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3/06/16 SHORT GBP/NZDBreak of 23.60% indicates downwards direction
Watch 2.1050 psychological level to see if structure holds
If it doesn't I have my targets placed at
38.2%
50.0%
EURNZD: Potential Bullish Opportunity at Structure SupportAs mentioned in a previous post, I try to make a habit of looking at pairs outside of my trading portfolio in order to stay sharp and work on my technical analysis skills.
Today I found a nice potential opportunity on the EURNZD. Syndicate members I'll be talking about this setup in a little more detail in the video I'm about to produce for you, but essentially what I would be waiting for is a buying signal once we've been given confirmation that this level of support has importance.
I'm not sure if I'm going to do this or not, but keep an eye out for me on social media as I'm thinking about broadcasting the first 30 minutes of tomorrow's Live Trading Room session on Youtube. If that is the case I'll get the word out tomorrow morning for you.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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Facebook: goo.gl
Twitter: goo.gl
@AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
EURGBP Daily Double TopJust a simple Double top on The Daily, which we also have on the 4hr and 1 hr charts
AUDNZD: Structure Trading & A Trading Challenge for YOUI 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 you'll be amazed at how much you'll shorten that learning curve.
Here's the video link & please remember to LIKE, SHARE & SUBSCRIBE!!
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
@AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
AUDNZD Structure TradeAs price action puts up Lower lows and Lower highs followed by lower low and another probably lower high, I am expecting the price to reverse and reach 1.06826. Price action reached the previous structure resistance followed by hidden Rsi divergence which gives an indication that it may thrust downwards.
Entry level: 1.07381
Stop loss : 1.07937
Target : 1.06826
BAT PATTERN GBPJPY H4 BEARISH: VERY NICE RISK REWARD SITUATIONBat pattern Setup!!
Hello guys Errol here,
We are looking at a possible bearish bat pattern here.
We might also see a 3 Drives pattern if we get a completion at the top of the third leg which also lines up with previous structure.
We aslo have some Ratio congfluence at the D leg completion where we are looking to get short.
Very nice risk to reward situation right here.
Stops above X
TGT 1 0.382%
TGT2 0.618%
Best of luck out there!!!!
USDJPY: Potential Bat Pattern (Confirmed by structure?!)Potential Bat pattern with a nice structure at 120.681
T1 - 38.2
T2 - 61.8
Risk/Reward - 1/2.6, I like it.
EURAUD: Got the breakout, now Looking for the pullbackAlthough I don’t day trade on Monday’s I have a handful of pairs on my radar for my swing trading portfolio. Multiple patterns on the EURUSD, a few setups on USDJPY, NZDUSD and of course the chart above on EURAUD.
We were watching this pair last week for the bullish breakout and now that we’ve gotten it, the next chance to hop on would be at a pullback. Looking on the hourly we also have a potential bullish bat pattern setting up as well which lines up with what my top down analysis is telling me.
If the buyers want to maintain control over this pair then we shouldn’t see a dip below that 1.48 level as that even handled number would be a cheap price to reinvest.
I’m expecting a busy week in the markets so be careful out there. Lots of news coming out, especially between Tuesday & Wednesday.
Good luck this week traders and if you didn’t get a chance to this weekend, make sure you check out my latest YouTube video talking about market Psychology & why we see the movements that we do.
www.youtube.com
Akil Stokes
Chief Currency Analyst
www.TradeEmpowered.com
Akil@Tradeempowered.com /@AkilStokesRTM / Forex Weekend Review Videos:
