FX:AUDJPY   Australian Dollar / Japanese Yen
1071 9
Hey, guys. A cypher is setting up. If price goes a bit lower I will enter long. If traded correctly cyphers are very accurate. I attach a screenshot of this trade with entries, stops and targets in comments.
Apr 10
Trade active
Apr 10
Trade closed: target reached: first target is hit
✅ This pattern was found by MPS-v5.5 pattern recognition software: https://mps-trade.com

✅ Join my free trading channel: https://t.me/mpstrade
wasnt the target here 83.338? It did not hit the target.
@azm1, This is the diffenrence between successful traders and losers. Successful traders no the methodology in its full: http://ps-software.net/learn-the-patterns/ while losers only know the part of it.

In this particular case we had target adjustment as price reversal took place lower than the predicted D-point: http://prntscr.com/euzp9v
azm1 Alexander_Nikitin
@Alexander_Nikitin, Thank you for reply! Indeed my fault not reviewing it before trading. Lesson learned.
@azm1, You are welcome:)
In the screenshot you have two blue marks. Are you buying from both or are they just defining the buying rage? Thank you.
Alexander_Nikitin vladverbovskii
@vladverbovskii, Here are the rules: http://ps-software.net/learn-the-patterns/
Read it till the end. There're trading tips in the end.
The first mark is 90% CD leg completion. The second one is full completion and order place.
I was wondering... our software's stop loss accounts for spreads?
Thank you.
@ivnamei, No. It gives the exact fib number. PatternTrade accounts for spread when it places orders. It places 1 spread above bullish stop or 1 spread above bearish targets.
This pattern was found by Pattern Search Software: http://ps-software.net/pattern-search-software/

PS Software draws patterns with entries, stops and targets in your my4 platform automatically. Here's the screenshot of this trade: http://prntscr.com/euizdl
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