Last night I shot out a video to some traders looking at this opportunity to take a short on EURAUD. The trading idea was based off of a read of price action and a prediction of a continuation of the short-term trend. The idea was to wait for price action to reach that level of resistance and see if we could get some type of confirmation of a hold. (Double Top).
As you can see we got the double top (along with bearish divergence) and the market decided to roll over. Well the question is, for a trader like myself who is fast asleep during the London open, how do I get involved? You know what you need in order to take the trade however you don’t want to wake up every hour stalking it….so what do you do?
Well this is when the 2618 trading technique comes in handy. No it won’t replace the double top entry that you wanted, however it does provide another opportunity to get involved.
Now I’m not looking to get involved in this trade today because it’s Non-Farm Friday and I won’t be actively training. But hopefully this answered a few questions about how and when to use the 2618 strategy. Here’s the link to the free training if you haven’t seen it. tradeempowered.com/learn-to-trade/
Lastly make sure you join me today for my Live Q&A session starting at 8am New York. www.youtube.com/watch?v=9jOp3Jgk... As mentioned above, I have no intentions of trading today so I figured we’d hangout and let you guys get to know a little bit about THE MAN, THE MYTH, THE LEGEND!....Oh and myself to hahaha. See you there.
Akil Stokes
As you can see we got the double top (along with bearish divergence) and the market decided to roll over. Well the question is, for a trader like myself who is fast asleep during the London open, how do I get involved? You know what you need in order to take the trade however you don’t want to wake up every hour stalking it….so what do you do?
Well this is when the 2618 trading technique comes in handy. No it won’t replace the double top entry that you wanted, however it does provide another opportunity to get involved.
Now I’m not looking to get involved in this trade today because it’s Non-Farm Friday and I won’t be actively training. But hopefully this answered a few questions about how and when to use the 2618 strategy. Here’s the link to the free training if you haven’t seen it. tradeempowered.com/learn-to-trade/
Lastly make sure you join me today for my Live Q&A session starting at 8am New York. www.youtube.com/watch?v=9jOp3Jgk... As mentioned above, I have no intentions of trading today so I figured we’d hangout and let you guys get to know a little bit about THE MAN, THE MYTH, THE LEGEND!....Oh and myself to hahaha. See you there.
Akil Stokes
"The Trading Coach Podcast" - Available on your favorite podcasting app!
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