akyong
Long

AUDUSD: Potential Cypher Setup

FX:AUDUSD   Australian Dollar/U.S. Dollar
A potential bullish Cypher setup with completion at 0.7035.

------------------------------------------------------------------

This video (https://www.youtube.com/watch?v=rTuEKAxnyHI), we look into AUDUSD             , EURAUD             and EURNZD             with various potential setups based on Cypher pattern and simple structure trades.

Join us on the 3rd of March 2016 at the Order Out of Chaos workshop at CMC             Markets in Singapore and receive our Trade Signals Service for FREE on the month of March!

Register here: http://onlinetradersclub.org/2016-03-09-wed-order-out-of-chaos-ang-kar-yong/

Have a great pipping week!

http://www.fxpresearch.com/
https://www.facebook.com/fxpipsology

Cheers,
KY
Hey akyong,

Nice set up! Why did you commence cypher pattern from that swing low instead of the fnishing up of impulse leg (about a dozon candles left of cypher).

Thanks TPittard
Reply
akyong TPittard
hi, we select swing low/high based on areas in which price has a clear turning point (on a higher timeframe). Tradingview doesn't have the fractal indicator, but we use it as it is very useful to help identify these swing low/high.
Reply
if you think complete 0.7035 why you mention long ? So your chart shows it is down from 0.7250 to 0.7035 and obviously short
Reply
akyong erkul59
we only trade when the pattern is completed; and we are only interested when price retrace back to the 0.7035 region
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
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