Earlier in the month I shared a trading idea on the DXY looking at potential buying opportunities based on a Bullish Cypher & test of structure. There was some negative feedback from that original idea, simply because the trade didn't reverse "right away" - Today, I'm going to update you on this idea as well as share with you some thoughts on how instant...
In today's video we're looking at a secondary opportunity to enter a double bottom. A double bottom is a classic price action pattern where tests & holds a level twice before reversing in the opposite direction calling for the end of the trend. In this opportunity, price has confirmed the double bottom by breaking and closing above the peak & now we're looking...
A follow up on my previous trading video looking at a potential rising channel coming into a previous level of structure resistance on the EURUSD. In this follow-up we take a look at what I needed for entry, how I placed targets & alternative methods for you to get involved if you'd like. Please leave any questions, comments or trading ideas below! Akil
Today we're taking a look at a potential reversal setting up on the EURUSD. In this video I'll walk you through how to identify where to look for reversals at. Where to expect those reversals to go to. And talk about different pattern setups that we can use for entry reasons to get us in the trade. Topics include: Reading a Trend Identifying Structure Rising...
A full breakdown of the US. Dollar Index looking at recent trading opportunities for both those who want to get long or get short. In this video we'll take a look at the Cypher Pattern, Support & Resistance, Trend Trading, Fibonacci Tools & Psychological Numbers. If you have any questions about the analysis or want to share your views, please do so below. Akil
Trading divergence in the Forex or Stock market can be an important tool. Learn how to identify divergences & practically apply them to your technical analysis to increase your edge & profits in the financial markets. In this video you'll learn What is a bullish and bearish divergence How to use divergence to spot potential reversals in the market How to use...
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