Today we're looking at a potential bearish trading opportunity on the USDJPY. After a long bullish rally, followed by a lengthy period of consolidation in the form of a rising channel. The &USDJPY has violated the pattern to the downside & with the recent pullback, is giving us an opportunity to jump on the next potential move down. As we venture down to the...
The financial markets are paying attention to three things. The US Jobs report, the Donald Trump Inauguration & US Inflation numbers. In this video, I'll explain why all three are important & how this information can be added to our technical analysis to help produce high-probability trading opportunities in the market. The specific trading opportunity that...
In this video we take a look art a potential bullish bat pattern on the NZDCAD. However, what makes this potential bat pattern different than most is the fact that it aligns with a potential bearish trend continuation setup on the higher timeframe as well. What this allows for is 3 different ways to take this trade. 1) As a normal bat pattern with normal...
This video will teach you how to trade complex pullbacks. Concepts include: how to properly read a trend, breakout patterns, structure recognition & different entry techniques. From the fundamental side, we also examine how recent economic events, such as the FOMC Interest Rate decision, US government shutdown threats, and the Santa Clause Rally, have affected...
After an explosive bullish move due to the US Interest Rates news yesterday the US Dollar Index is showing signs of relief. This relief is also forming a Flag Pattern with the expectation being a breakout to the upside. Not only is this flag pattern a bullish sign, but overall the market is providing us with more bullish signs as well making this a very...
Two trading opportunities for the price of one today as we look at difference scenarios that may play out from out upcoming US monetary policy announcement this Wednesday. The first trading opportunity on the NZDUSD is a bearish trend continuation/breakout trade that would take advantage of US Dollar strength in the market. The second trading opportunity on...
Today we look at both aggressive & conservative ways to trade a completed bearish bat pattern on the USDCAD using both simple & classic chart patterns such as rising channels & double tops to give us confirmation. In this video, we also discuss other elements of technical analysis including the Lower Low, Lower Close candlestick combination, the RSI and more. Akil
I wanted to follow up on the EURUSD idea that we looked at a few weeks ago & share with you how the opportunity has progressed since we last looked at it. From a fundamental perspective we are seeing some big shifts in how the market is valuing the US Dollar due to a handful of upcoming global monetary policy shifts & a brand new threat of tariffs by soon to be...
Let's take both a fundamental & technical look at the EURJPY. On the fundamental side, after a week full of data, the markets are now expecting a larger than normal interest rate cut on December 12th, while on the other side, the Bank of Japan is expected to give us another (rare) rate hike. On the technical side, we have 2 potential setups occurring in the same...
This video is slightly different than the ones that I usually put out, but so is this opportunity. I'm looking for a HOMERUN trade here on the USDCAD & what that means is that I'm attempting to get in a trade that captures a larger profit target than what I would usually take. What's important to pay attention to is the top-down analysis & the why behind the...
A long-term look at the FX:EURUSD and two potential trading opportunities that exist depending on how price reacts at a current "decision point" in the market. Given the amount of dollar strength that we've seen lately, I wouldn't be surprised if the bearish move was the opportunity that we saw come to life. But as mentioned in the video, our job as traders...
A look at TSLA & how technical analysis can be helpful in your decision making even if you're a longer-term investor. In this video we take a look at a Butterfly pattern on Tesla and walk through what opportunities it presents for both bullish & bearish traders/investors. Please leave any questions or comments below & I wish you guys a great trading week. Akil
A walkthrough of how to identify & trade the Cypher pattern on the GBPJPY along with a look at how using higher timeframe analysis can be used to reveal even bigger potential moves. Please leave any questions or comments below! Akil
We have a simple trend continuation opportunity here on the GBPUSD. In this video I'll walk you through what stood out to me about it. What I needed to get involved & how I chose my target levels. If you have any questions or comments please leave them below. Akil
FINALLY we're seeing some movement in the markets. Now the question is "what do we do next?" in this video we're going to break down the EURJPY, looking at both Bullish Trend Continuation 7 Bearish Counter-trend trading opportunities. More importantly I'm going to walk you through how I use various technical tools to take a large prediction zone & make it more...
Bitcoin, like many other markets has been stuck in a sideways shuffle as of late which can be very frustrating for most traders, since most traders tend to look for continuation type of trading opportunities. For those looking for an alternative way to trade, here's a look at how I use advanced (harmonic) patterns, specifically the Gartley patter, to take...
After a wild reaction to end the week, it's time to reevaluate the markets for the week ahead & plan our attack. After violating a previous level of structure to the downside, the EURUSD has ran right back into another level of major structure support & has held. We've already seen a double bottom form at this level so it's a little late to enter based off that...
A follow up on our GBPJPY bullish opportunity from last week recapping what happened since & updating you on what I'm looking for for potential longs. I wish you guys a great trading week. Akil