Akil_Stokes

Akil_Stokes Wizard

Yesterday’s news gave us a lot of continued strength in the GBP blowing right past previous structure without a pause it seems. So the question is what’s next? Well going off of the basic price action principles of higher high, higher close, I’m expecting the bullish move to continue. The next stopping point that I have on my radar is around 1.6200 even handle...

Akil_Stokes Wizard

In last night’s video we talked about Wednesday being a busy news day and how one of the major releases to keep an eye on was the GBP Average Hourly Earnings. Well, waking up and seeing big spikes in the GBP pairs I can assume that this number came out better than expected. I’ll make my news rounds after getting this post out to you. Now before we get into the...

Akil_Stokes Wizard

If you're new to following me, yesterday I decided to dedicate an entire week to keeping you guys updated on a single pair. Below is a link to the Day 1 chart if you missed it or just need a recap on what I was looking at. The cable was very bullish yesterday an nearly pushed up to our projected bat pattern completion. Since then we've retraced and are setting up...

Akil_Stokes Wizard

Taking inspiration from one of my followers who messaged me this weekend, I wanted to try something different here on Tradingview and concentrate on a single pair this week instead of randomly posting charts when I have the time. (Let me know what you think of this idea by the way). This week I wanted focus on the GBPUSD as there are a few potential trading...

Akil_Stokes Wizard

After creating new structure highs last week, the USDJPY is now putting in an outside return back into previous structure setting up a decent looking trend continuation opportunity. I yet have a reason to get long per my rules of engagement, but I will certainly be keeping a very close eye on this setup as the risk to reward is a no brainer for me with stops...

Akil_Stokes Wizard

Dear cypher pattern traders, After seeing this for a while now and having a discussion with one of the moderators on this site, I wanted to clarity something about the CYPHER PATTERN. Typically I don’t like to comment on how other traders are trading but seeing how our vice president is the founder of it, I’m comfortable correcting commenting on this particular...

Akil_Stokes Wizard

To follow up on last week's EURUSD idea, the pair has finally reached higher level of structure that I liked during yesterday's Euro rally. We've now double topped at that level and have broken structure to the downside setting up for a potential 2618 opportunity for those traders looking for a conservative approach to get involved. We do have A LOT of news on...

Akil_Stokes Wizard

I've explained this trade in detail during my latest Weekend Review video (link below), so i'll try to be brief. Like everyone else, I want to buy Dollars & Sell Euros based off of the fundamentals. With that being said it's important that we don't try and jump on the bandwagon because that's how a lot of rookie traders get burnt. Rather, we should stick to what...

Akil_Stokes Wizard

Bullish Bat Pattern here on XAUUSD that's looking to be putting in a double bottom at the completion point. (You may hav eone already on the LTF). I say looking because on this 4hr timeframe the current candle won't close for another 2 hours or so and as we all know the close is very important to the story that the market is telling us. If you take a look at...

Akil_Stokes Wizard

Bullish Bat Pattern completion at previous structure support

Akil_Stokes Wizard

Sorry for being quiet this week trading view but I've been running things on the road. Also the markets have been pretty quiet this week so there just hasn't been a lot to share. Today seems to be a little bit better and I wanted to bring a potential buying opportunity on AUDUSD to your attention. I'm already long this pair from earlier in the week. My position...

Akil_Stokes Wizard

I don't place trades off of the daily timeframes but I do watch them on a consistent basis as part of my top-down analysis and GBPJPY has been one that has been in some what of a fight as of late. After easily rallying up into structure it's come to a halt and it looks as if the bulls may be running out of steam. Just look at the wicks, they're trying to push...

Akil_Stokes Wizard

If you missed the initial analysis here's a video where I go over it. I think it starts at about the 20 minute mark, but you might as well watch the entire thing ;-) Weekend Review: "The Most Important thing You Can Do Is..." www.youtube.com We've been tracking this index for the past few weeks in the Live Room and so far we've been spot on with our...

Akil_Stokes Wizard

The Forex markets have been kicking my tail this week so I decided to take a look at some other markets simply to clear my mind. Conducting technical analysis is actually a stress reliever to me, when I get do it on something that I don't trade. A few of my clients have expressed that they trade many of the indices, which lead me to the Nikkei. Initially the...

Akil_Stokes Wizard

We placed NZDUSD on our radar during yesterday's Live Room session and have been tracking it ever since. I apologize in advance, but the analysis that I did on this pair is somewhat advanced so I'm not going to attempt to duplicate what I shared with you in last night's Syndicate video. Honestly speaking it's a lot clearer on the 13 period range bar charts (as...

Akil_Stokes Wizard

In yesterday's interview/webinar I got asked the question about my outlook on Bitcoin. At the time I responded by saying that all I see is consolidation and didn't have a real prediction to make. (Here's a link to the recorded webinar if you missed it www.youtube.com) As I look at the chart today, although we're still consolidating, the candlesticks are telling...

Akil_Stokes Wizard

I wanted to hold this for my webinar with Tradingview today, but it looks like we're already starting to move so I'll give it a share as well. By the way if you haven't registered here's the link blog.tradingview.com Live Room members, if you remember last week we talked a lot about waiting for opportunities where the risk reward is heavily in our favor,...

Akil_Stokes Wizard

Bullish Bat Pattern