EverythingForex

AUDUSD: Cyphers, Cyphers....CYPHERS EVERYWHERE!

FX:AUDUSD   Australian Dollar/U.S. Dollar
Just a quick snapshot of the cyphers I see on this pair......
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harmonic trading dont have a cypher with A-C 2.03!
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My man, you've got to start using the right tools for the job. The pattern drawing tool does NOT have the correct measurement when doing cyphers! Measure the C point extension using the fib extension tool, bro. Then you'll see that it's correct. Don't need to believe me. Just go do it yourself the RIGHT way! Listen to the MAN who works with the man who invented the cypher pattern.....
A COMMON CYPHER PATTERN ISSUE
+1 Reply
Agree.. Akil (and/ or Darren who claims the discovery of the Cypher) note how people are using the tradingview tool incorrectly,

The point C has to be at least 127% to 141.4% the length of the X-A leg
The 78.6% retracement is from X-C
and the point D must be above point B to be valid
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i see the interest rate affected the Cypher and hit stoploss
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dionvuletich ForexEasypips
We will see... that's an opinion - nothing to do with the strategy,

IMO it has a 45% chance of losing - based on my back testing... the cause of a stop loss is largely irrelevant
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