Akil_Stokes
Short

AUDCAD: Back -to-Back-to-Back? Here's What's Next

FX:AUDCAD   Australian Dollar/Canadian Dollar
2 months ago
After being one of my top performing pairs a year ago AUDCAD             has been someone disappointing in 2016 when it comes to providing opportunities. But finally it looks as if it's getting back to form giving us a 3rd potential trading opportunity in a row. This time in the form on a potential Bearish Advanced Cypher Formation.

2 months ago
Trade active: Filled short at 1.0125
2 months ago
Trade closed: target reached: First targets Hit +44
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Pattern frenzy, good luck.
+1 Reply
Akil_Stokes TOP johan.larsson
2 months ago
Thanks johan,
+1 Reply
Alexander_Nikitin
2 months ago
Hi, have the same idea
Cypher pattern + video explanations
+1 Reply
Akil_Stokes TOP Alexander_Nikitin
2 months ago
Great minds!!!
Reply
Alexander_Nikitin Akil_Stokes
2 months ago
Yup:)
Reply
Alexander_Nikitin Akil_Stokes
2 months ago
cha-ching:))
+1 Reply
Akil_Stokes TOP Alexander_Nikitin
2 months ago
Indeed!!
Reply
Hanu727 Alexander_Nikitin
2 months ago
Hi Alex, Is your your SL at 1.0183 for this short trade?

Look forward to your reply.

Good luck
Reply
Ian.Watts
2 months ago
Akil i must say i look on my platform and i do not see that cypher at all so it just goes to show how different platforms can be. i been told by another trader that my brooker adds a candle into the 4 hr chart for some reason. any idea?
+1 Reply
Akil_Stokes TOP Ian.Watts
2 months ago
Hmm, I've never heard of that Ian, but it doens't sound right at all
Reply
Hanu727
2 months ago
Hi Akil, at what price is the SL set for this trade?

Thanks
+1 Reply
Akil_Stokes TOP Hanu727
2 months ago
For advanced pattern formations stops should always be beyond the "X" leg.
Reply
NunoNascimento
2 months ago
This is are 2 great trades
+1 Reply
Akil_Stokes TOP NunoNascimento
2 months ago
Thank you
Reply
chartmaster
2 months ago
Dude, great idea! How did you set your target? Still learning. ..

Thanks.
+1 Reply
Akil_Stokes TOP chartmaster
2 months ago
Thank you, i use fibonacci ratios for my target taking on advanced pattern formations
Reply
chartmaster Akil_Stokes
2 months ago
Which leg do you refer to for your fib? XA or CD?
+1 Reply
Akil_Stokes TOP chartmaster
2 months ago
C-D
Reply
chartmaster Akil_Stokes
2 months ago
Thanks very much appreciated. I would have expected a lower target, sth btw 0.5-0.8. Any technical reason for +44 "only"?
+1 Reply
Akil_Stokes TOP chartmaster
2 months ago
No technical reason, that's just the amount of pips that were offered at that target level for this particular trade.
Reply
dangap
a month ago
Well done!
+1 Reply
Akil_Stokes TOP dangap
a month ago
Thanks
Reply
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