Akil_Stokes

Akil_Stokes Wizard

A Gtartley Pattern completion with a double bottom and now 2618 opportunity on the lower time frame. I wouldn't trade it was a gartley and attempt to use 2618 stops, but you can certainly look to protect profit or shoot for extended targets based off of the higher timeframe pattern including the potential bearish cypher that still exists

Akil_Stokes Wizard

Bear Cypher pattern completion @ 119.10. Minimum stops would need to be above 119.35's. Key word minimum. Technically speaking we've been seeing a series of NSH's so one would think that this previous OR would be a good source of resistance. But it's also trading we''re talking about so you never know. Akil Stokes Chief Currency Analyst...

Akil_Stokes Wizard

IF XAUUSD rises THEN we'll have a bearish Cypher pattern completing up at 1215. We also have a harmonic move (ab=cd pattern) with some fibonacci confluence around the same level) Akil Stokes Chief Currency Analyst www.TradeEmpowered.com Akil@TradeEmpowered.com

Akil_Stokes Wizard

Looking at a very deep potential bullish Gartley here on XAUUSD that if completed would come right into previous structure support. The wicks created in that previous support zone made this an opportunity that I like regardless and having an advanced pattern complete at the same level just put icing on the cake. Very low risk opportunity compared to the potential...

Akil_Stokes Wizard

*IF YOU"RE LOOKING FOR THE CORRECT RULES ON HOW TO TRADE THE CYPHER PATTERN PLEASE READ THIS ENTIRE POST. ..It's been a busy week on the Euro, with the next big potential setup being a bullish bat pattern completion if the market pushes down to the 1.0527s area. I put on initial targets so that you guys have an idea of where to look for but remember that targets...

Akil_Stokes Wizard

We currenty have an AT MARKET bearish Cypher pattern on the hourly timeframe, but if that pattern gets busted...or hits targets and rolls up (which would be my preference) we have a very deep bearish Gartley setting up here on the 4hr chart. Whether you use an ATR, 113, or 10-20pip stop loss the risk reward should still be fantastic since the completion is so...

Akil_Stokes Wizard

Looking at a bear gartley pattern on USOIL 240m chart. The pattern completion was at $54.41 and the initial target area would be $50.16. For those looking for an extended bearish move this "D" point also represents the ":C" leg of a bigger bullish bat pattern.

Akil_Stokes Wizard

I'm looking at a potential bullish Gartley pattern here on the AUDUSD hourly chart completing at the 88.6 (0.7553). If the gartley were to complete I'd expect a move back into our 38.2 fibonacci retracement locate at 0.7605. With that level being so close to the 76 even handle it's probably worth front running your targets a little more. Do be aware that we have...

Akil_Stokes Wizard

I've already written my "Trading Recap" blog post for today but I wanted to share something with you guys. For you guys that have been following along with my blog you know that I've been working on an article looking at professional athletes and professional traders. One of my main comparisons is the amount of preparation and review that both do. Just like...

Akil_Stokes Wizard

Just shot this to my Syndicate members but wanted to give you guys a look as well. Playing for a simply low risk high reward breakout on EURAUD as we've just created a HHHC above previous structure (looking left). Normally I play for a bigger move to the 1.272 but the even handle and next resistance level doesn't make it worth the risk.

Akil_Stokes Wizard

Just broke this pair down in my Live Trading Room. After looking at the LLLC of the triple top highs, our traders were gearing up for a potential 2618/Kiss of Death trading opportunity. As we dug a little deeper into things we noticed that if we got the retracement back into previous structure then that 2618/KOD would be bet with a bearish bat which could be used...

Akil_Stokes Wizard

3 potential patterns here on the German Dax Index. Instead of writing a big paragraph explaining it. Attached is a link to a video with my thoughts. www.youtube.com

Akil_Stokes Wizard

A bearish Gartley pattern on the 240m timeframe with a potential bearish Bat pattern inside of it on the hourly. If you haven't signed up for my FREE 1 Week Trading Workshop then check out the link on my profile page & secure your seat

Akil_Stokes Wizard

This pair has just put in New Structure Highs (NSH) on the higher time frames which immediately has be thinking bullish, bullish. bullish until we hit our next resistance level or until some crazy Aussie news comes out and ruins my analysis. For you guys that consistently follow some of the Aussie crosses, you know exactly what I'm talking about. Fortunately it...

Akil_Stokes Wizard

THIS IS NOT A TRADING IDEA, more of a recap. Earlier this week I posted a chart of the EURUSD that had three potential bearish patterns setting up in the same area. In that post I mentioned that I was also involved in a long position on the Euro. Well after 24 hours of doing absolutely nothing this pair finally decided to rally and move in my favor. Throughout the...

Akil_Stokes Wizard

After yesterday's FED Fun (unless you were on the other side of it) a lot of currency pairs are showing similar movement. A complete retracement from yesterday's spikes back into previous structure. We've been rolling through charts all morning in both the live trading room and the Warroom meeting trying to fish out which opportunities are worth taking and which...

Akil_Stokes Wizard

Before checking out what's in store for us on the fundamental side of things I would have called this a no-brainer trading opportunity. On the daily chart we have recently put in a LLLC and presently we're retracing back into the previous 2 days highs. Not to mention we've had the completion of a bearish Cypher pattern at 1.3828 which I'd be looking to use as an...

Akil_Stokes Wizard

I don't involve myself in the stock market as much as I used to but every once in a while I like to look about and see what's going on. AT&T caught my attention on the technical side (which is my specialty) for a few reasons. Big picture (weekly) we're in consolidation in a pattern that is very similar to a bullish flag. Working our way down to the lower...