Akil_Stokes
Short

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

FX:AUDCAD   Australian Dollar/Canadian Dollar
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.

Trade active: Filled short at 1.0125
Trade closed: target reached: First targets Hit +44
2618 FREE TRAINING http://buff.ly/2udJgeT

THE 100K DISCOUNT ENDS SOON http://buff.ly/2tngsBV

FREE Training Lessons & Workshops http://buff.ly/2udJgeT

Follow My Journey & Recieve Daily Trading Tips- The Trading Blog Video - http://buff.ly/2v58xWu
Pattern frenzy, good luck.
+1 Reply
Akil_Stokes PRO johan.larsson
Thanks johan,
+1 Reply
Hi, have the same idea
Cypher pattern + video explanations
+1 Reply
Akil_Stokes PRO Alexander_Nikitin
Great minds!!!
Reply
Yup:)
Reply
cha-ching:))
+1 Reply
Akil_Stokes PRO Alexander_Nikitin
Indeed!!
Reply
Hanu727 Alexander_Nikitin
Hi Alex, Is your your SL at 1.0183 for this short trade?

Look forward to your reply.

Good luck
Reply
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
Hmm, I've never heard of that Ian, but it doens't sound right at all
Reply
Hi Akil, at what price is the SL set for this trade?

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

Thanks.
+1 Reply
Akil_Stokes PRO chartmaster
Thank you, i use fibonacci ratios for my target taking on advanced pattern formations
Reply
chartmaster Akil_Stokes
Which leg do you refer to for your fib? XA or CD?
+1 Reply
Akil_Stokes PRO chartmaster
C-D
Reply
chartmaster Akil_Stokes
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 PRO chartmaster
No technical reason, that's just the amount of pips that were offered at that target level for this particular trade.
Reply
Well done!
+1 Reply
Thanks
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out