Akil_Stokes
Long

AUDCAD: Part 1 worked. Now will part 2?

FX:AUDCAD   Australian Dollar/Canadian Dollar
Following up on the idea I posted this morning, AUDCAD             has rolled over nicely completing my earlier prediction. Now it's time to execute the second part of this trade and go from seller to buyer as I look to take advantage of the Bullish Cypher pattern.


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For those who stuck with this trade throughout the pain. Time to RING THE REGISTERS GREAT JOB!!
+2 Reply
sky2020 Akil_Stokes
was your target 1 still 1.01701? I adjusted my target 1 to 1.0154. DId you do something similar?
+1 Reply
Yes, I had to adjust mine as well so that dip ate into my profit. Stinks, but anything earned is better than anything lost I suppose
Reply
What a beautiful rally.
+1 Reply
+37pip... tnxs again Akil
:D
+1 Reply
Gave us a lot of pain, but worked out extremely well!
+1 Reply
Still in this one, go bulls!
+2 Reply
Akil_Stokes PRO Josh_Marshburn
Me too josh, targets are a lot smaller now, but any type of profit is better than any type of drawdown. let's see what we can get out of this one.
+3 Reply
Price went through the floor below bullish cypher pattern, so I think it is invalidated now?
Reply
If you were involved at the original entry you should still be in the trade and in the black now, if you're late I certainly wouldn't look to re-enter as the risk/reward is just horrible now for a fresh entry
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