UnknownUnicorn180388

29 Nov 2016 pukul 14.59

AUD.USD - BEARISH CYPHER SETUP - .7483 Singkat

Australian Dollar/U.S. DollarFXCM

Huraian

⋅ 29 Nov 2016 pukul 14.59

On the AUD.USD 15min chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.

The price reversal zone on this pair is between .7483 & .7497
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around .7440
Stop loss would be placed above X leg structure resistance.

Target 1 - .7463
Target 2 - .7451

Komen

⋅ 29 Nov 2016 pukul 17.23

5 EASY STEPS TO TRADE THE GARTLEY PATTERN

Dagangan ditutup: sasaran tercapai

⋅ 30 Nov 2016 pukul 09.20

Komen

⋅ 30 Nov 2016 pukul 16.57

Consolidation / retracement now expected.

Komen

⋅ 2 Dis 2016 pukul 09.01

Pullback to .7424 / .7440 now expected.

Komen

⋅ 24 Dis 2016 pukul 09.33

AUD.USD - 2016 Results
Executed Positions: 23
Positions Won: 15
Positions Lost: 8
Win Percentage: 65.22%

Komen

reggiecyy

⋅ 30 Nov 2016 pukul 06.39

You are an absolute legend Tom!! I have to say managing the stops can be a bit tricky, as most of the time the market does pull back to test X. I am thinking it might be worth splitting the trades, ie getting in half at D and half at X and have a slightly wider stop. I know the risk is missing the trade by waiting. Your thoughts?

Thanks

UnknownUnicorn180388

⋅ 30 Nov 2016 pukul 09.19

@reggiecyy, I will be in the office in a couple of hours and will give you some details.

reggiecyy

⋅ 30 Nov 2016 pukul 10.48

@tomhall,

Thanks Tom!

PasinduRashmika

⋅ 30 Nov 2016 pukul 11.05

Dear Tom,

I want your advise.. i Downloaded Robot expert Advisor.. i use it only my demo account.. because i'm not sure that... What you think about Robot Ex..?

Thanks..

UnknownUnicorn180388

⋅ 30 Nov 2016 pukul 11.13

@PasinduRashmika, I don't use robots for any of my trading, so personally I wouldn't advise using them.

makboga

⋅ 30 Nov 2016 pukul 09.57

Thanks Tom. good

UnknownUnicorn180388

⋅ 30 Nov 2016 pukul 10.45

@makboga, No problem at all.

ikhmal_ariff

⋅ 30 Nov 2016 pukul 03.22

thank you Tom. nice trade

UnknownUnicorn180388

⋅ 30 Nov 2016 pukul 09.17

@ikhmal_ariff, my pleasure :-)

PjMiz

⋅ 30 Nov 2016 pukul 03.09

Always appreciative of setups, Tom. Trading this one on the paper account w/4 positions. 1 stopped out due to too close of a stop but the other 3 are working nice. Practicing to make perfect. Thanks

Lebih