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/FlsZF1
Akil Stokes Chief Currency Analyst & Head Trading Coach TradeEmpowered.com -The Premier Online Trading Education Company Trade Empowered on YouTube goo.gl/IscNch
Akil, curious as to why your killzone was so small, considering all the structure just beneath it? All the best! :D
Akil_Stokes
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It's just the most recent level of structure, there will be more opportunities but I'm only willing to risk so much at each level in order to see that I'm right or wrong at that level
ravegten
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Good morning Akil. There's a Cypher setting up on the hourly to go long in that same structure level!! You will probably see it yourself of course ;) but i thought i mention it this early in the morning (holland-time).
Akil_Stokes
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Great analysis. it's always cool to see multiple strategies/techniques line up at the same area
YoussefRazak
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Taking advantade of the long opportunities
Akil_Stokes
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Nice!
mcpeacocks
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Nice! Getting closer to completion for the BAT pattern.
there also seems to be a Cypher completion 'a bit' higher on the daily...