Akil_Stokes
Short

GBPCHF: 2 Bearish Cyphers

FX:GBPCHF   British Pound/Swiss Franc
Many of you that follow me are aware that I've been testing out a new theory on the Cypher pattern . In fact i initially had 2 theories that I wanted to test but after speaking to the creator we decided to focus on the one. I'm months away from completing this testing since free time is hard to find these days with the new born and all, but this is the first opportunity to get a real life look at the concept.

Anyway, 2 potential Cypher patterns on this pair and both can be traded as the smaller stop/loss won't overlap with the bigger patterns entry. Good luck in 2015 traders.

Akil
http://www.ratiotradingmentor.com

SEE MY BEST TRADING IDEAS DAILY
https://buff.ly/2x7U6kT

FREE WORKSHOPS & TRAINING VIDEOS
https://tradeempowered.com/

WATCH MY LATEST TRADING VIDEO
https://www.youtube.com/akilstokes

CHECK OUT MY LIVE TRADING ROOM
https://buff.ly/2x8c2kt

Thanks Akil for this posts. I'm learning a lot from your videos and posts. Please keep doing it in the future.
+2 Reply
Hello. Could you tell us more about your new cypher theory?
I didn't really paid attention to cypher so far, because I'm uncomfortable with its risk/reward ratio, so I'm very curious about that!
Reply
I still have a long ways to go in my testing so as of now I'm not even sure if what I'm testing is beneficial or not
Reply
Rmarch Akil_Stokes
I see, thank you. Good luck for your testing!
Reply
Thanks for sharing, but can you help me by telling where would be the stop for the bigger cypher ?
I want a good risk reward ratio but I stopped out when I put a smaller stop.
Thanks again for sharing this. :)
+1 Reply
It's often hard to get a good risk reward on Cypher patterns but putting your stop a minimum of 10pips above the X leg is a good place to start testing
Reply
SuperTramp Akil_Stokes
thanks for the reply ;)
Reply
Good to see you back! Best Wishes with your trade
+1 Reply
Hey Akil, is it better to take this trade after the FOMC meeting that is coming up at 2 pm? Thanks!!
Reply
Akil_Stokes PRO moneymaking
The trade has already completed and rolled over to profit targets so i wouldn't look to re-enter. The bigger one is still valid however
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out