morshedul.sazid
Short

ADVANCE BEARISH CYPHER PATTERN DUE TO NFP

FX:EURUSD   Euro / U.S. Dollar
447 2 26
We have got news coming within minutes. We will sure see some violent moves. I want to trade this Bearish Cypher pattern if it completes. I will enter at 1.09549 and set my stops at 1.09970 and target to 1.08707. We have a new structure low followed by a lower high, as we are trading the Cypher pattern , Its based on false impulse trend. So If I am saved by the spikes then I would expect a good short from the completion.

Unbreakable Rules
1. Never add to a losing position.
2. Never risk more than 5 percent of your trading capital on any one trade.
3. Always have a protective stop in the market.

Guidelines
1. Never close a trade without a reason.
2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
Comment: Pattern invalidated! closed below 1414.
Missed the entry by a few pip, could have hit the targets, the idea was perfect.
Thanks....
+1 Reply
morshedul.sazid rajenderam40
Welcome!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out