December has been a good month for the Cyphers

27 thg 12, 2016

I know most people have finished trading for the year but as for me, I'm not done yet because I'm still learning. We have a cypher pattern on the USDJPY. The D completion point was at 117.55 and price did come up a little past it but we are moving the right way as of right now. If price retraces a little you could still get in this I would just warn you to get your stops above the structure at 117.87.
Good luck out there.

28 thg 12, 2016

Ghi chú

Well that was a bit of a struggle. Price had come down and hit my target but didnt get me filled. As per my rules, I stuck to the trade and didnt close it early but it is a painful thing to watch. Just remember, stick to your plan it always turns out better for you.