@market Cypher pattern + Forex Weekly Forecast video

FX:GBPJPY   British Pound / Japanese Yen
Well, hello traders. Welcome back to another edition of the Forex Weekly Forecast. Here's the link to YouTube video explaining the setup and giving some tips on how to stay disciplined
is it get stop lose or what ?

thank you Alexander
Alexander_Nikitin MatarAlmutairi
Well, it all depends on what your trading plan says. To my rules the patern was invalidated and hit stoploss.
+1 Reply
Thanks Alex. 100 pips on this one till now.
Hi Alex, can i gently ask why the stoploss is @ X and not below the X? Thank you for the good pattern spotting
Stops are commonly placed below X. But I consider the pattern to be invalid as soon as price touches X. In this particular case I would have been stopped if I ever traded Daily's.
Hi Alex,
Thanks for your sharing. I have the same idea, but I am looking to enter more deeper around 152.50.
You are welcome.
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
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