Akil_Stokes
Short

AUDCAD: back to back cypher patterns

FX:AUDCAD   Australian Dollar/Canadian Dollar
back to back cypher pattern completions on the AUDCAD             hourly Timeframe. Stops need to be above the X leg beyond 9555's with initial targets resting around 9493's. be aware of that 9500 psychological number though.

Akil
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WSM
2 years ago
cheers Akil,
thanks
+1 Reply
Akil_Stokes TOP WSM
2 years ago
No problem
Reply
IanMFX
2 years ago
Nice
+1 Reply
Akil_Stokes TOP IanMFX
2 years ago
thanks
Reply
fx1
2 years ago
Just wanted to ask - whats your approach to Risk Reward ratio for this entry ?
+1 Reply
Akil_Stokes TOP fx1
2 years ago
I wouldn't do anything different with this trade. I fully understand that most cyphers will have an inverse risk to reward ration on them.
Reply
mustard
2 years ago
I'm sorry? I must have missed the first bullish cypher pattern. When did you first point it out?
+1 Reply
Akil_Stokes TOP mustard
2 years ago
I pointed this out in Wednesday night's Syndicate video. If not that then I shot it out on the TradeFloor
Reply
Akil_Stokes TOP mustard
2 years ago
I try to share a few trades a week here on trading view, but the majority of my trading ideas aren't shared on this sight as it wouldn't be fair to the clients I works with.
Reply
moneymaking
2 years ago
Hey akil, Cyphers yes, love them. It's good the market is at the entry point. I didn't had the time to look at this earlier. As always great job and Good luck. Enjoy your weekend :)
+1 Reply
Hey Akil, I was in the second cypher by closed it out for the weekend as it only moved about a pip. Will be eyeballing Sunday night for the open.
+1 Reply
Akil_Stokes TOP J_Graystone
2 years ago
Smart move, that paid off last week on the EURJPY, maybe we'll see the same thing here
Reply
J_Graystone PRO Akil_Stokes
2 years ago
Back in the Trade!
+1 Reply
snapshot

RangePlay :)
+1 Reply
Fib.The.Gentleman PRO Fib.The.Gentleman
2 years ago
snapshot

Were on the way :)
Reply
fx1
2 years ago
congratulations. i guess take profit 1 is hit.
Reply
Akil_Stokes TOP fx1
2 years ago
Indeed it has. Second targets as well. AUDCAD has been good to us giving us back-to-back-to-back winners
Reply
ThomasJeff_DCM PRO Akil_Stokes
2 years ago
I missed the entry on this one but there is actually an smaller Cypher formed after this one moved down from the X point. I´m waiting for that right now to either hit the X or the C point to invalidate it.
Reply
Akil_Stokes TOP ThomasJeff_DCM
2 years ago
Nice, good luck!
Reply
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