forex trading - CYPHER PATTERN: how to identify the CYPHER pattern

[@thetradingchannel]

EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS. Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us. Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com PROGRAM INCLUDES: Full training course (beginner to advanced) Technical analysis training Full rules-based Strategies Risk management training Strategy optimization training Backtesting training Weekly analysis video (each Monday) 3 to 5 email alerts each week Pro Trader Report (email of analysis) Priority email mentorship (Me personally answering your questions) Review videos FREE Spreadsheet for backtesting Advanced AP1 pattern training Advanced Double bottom/top training And much much more... For any questions about the course email - [e-mail] PROGRAM ACCESS - www.eaptrainingprogram.com Talk soon, Your honest trading coach, Steven

[@naviddavanikabir]

shows it. draws it. explains it. really uses it. earns money from it...... it's just a perfect video. loved it

[@thetradingchannel]

Thanks for the comment!

[@nigward8503]

АutоBinаrуSignаls is thеее nехt gеnееrаtiоn оf аutоmаtеd Binаrу Орtiоns trаding.АBS is а uniquе wау оf mаking mоnеу оnlinе thrоugh binаrу оptiоns.Gо hеrе==> twitter.com/387f4caa87a245f98/status/742671681655853056

[@darrenronnie5945]

I lost a total of $17,530 to bad software and indicators in 2016 that was before I became a student of Dmitry Vladislav , yes I am his student and I will not go into details how much I make daily but its really huge . My reason for bringing this up is that I also want people to be informed about this having known about mr Dmitry from youtube

[@CaJoMc]

fuck off

[@mazharajesh8281]

I am so happy I invested with expert trading platform I have earn $25000 with his method of investment

[@jordanjonwillett]

Trading my 1st Cypher Pattern after learning what I learnt from this video ... just survived a stop hunt waiting to see If the market now rolls over and hits targets. Wanted to say "Thank you" your a very good teacher and I got my eyes on one of your training courses ;)

[@KK-nk4uv]

Can't believe he is teaching this for free... Free u brother

[@P00ters1]

best channel ive found so far for a beginner like me to start learning.

[@thetradingchannel]

Thanks for the kind words! It is my pleasure to share my knowledge and help people starting out! Thanks for the comment!

[@glocked22]

Ive seen and watched a lot of videos in youtube about patterns and stock market... but you are the only one talking and providing videos with a lot of sense! No one does! Thanks man! Subscribed!👍

[@thetradingchannel]

Hey Jason, Glad to hear we have a new subscriber here on the TTC. We try to make all the videos as information filled as possible because we as team know how much hardwork and dedicated study time is needed in order to understand the Forex market and become a profitable trader. If you have any more questions or are interested in learning more about the EAP training course we offer please don't hesitate to ask. Best regards, TTC Team eaptrainingprogram.com/video-sales-page Show less

[@Volcanoss911]

Just my opinion, Cypher has the potential to become a Head and Shoulder pattern, so the save target is in the 38.6-61.8 range where point C could be the head pattern from HNS. Thats a weak point from cypher

[@solomonothollo-f8u]

Thanks Steven, a very good textbook explanation of Cypher. In your live trade the subjective decision to raise your stop to risk free looks as if it resulted in your long trade being stopped out before reaching your profit target. But hey, that's trading!

[@tuwalee7406]

you are a great teacher man. you have explained this better than any video I have watched on cypher patterns.

[@thetradingchannel]

Hi, Thanks for the great comment!

[@sunnysamuel2649]

You did great...my only concern is your risk to reward ratio. At least 1:2 ratio is not a bad one, rather than a 1:1. That way, you let your winnings run to cover up your loses

[@Hedgehoncho]

Hi Steven, came across your channel last week and this week I traded 3 patterns with 12 trades with 2 losses, thank you for your education!

[@thetradingchannel]

+Alex Zubarev Thanks Alex, Best of luck on your trades. Keep me updated on your pattern trading. Thanks for the comment!

[@lawsonice7015]

Best cypher video on KZbin

[@ashimdharni744]

thanks for this video tutorial detailing key details of the said topic. I dont think i need to find anyone else on youtube for this. Cheers !

[@sunderiyer842]

and truly I also made profits in each and every trade. kudos my friend you have changed the way i used to trade.

[@thetradingchannel]

Thanks for the great Comment!

[@vigorousvoices]

THanks for the video. It was crystal clear explanation! I just drew my first cypher pattern with your help.

[@sunderiyer842]

hi steven hart this is sunder iyer from India thanks for your simple bur effective method of showing pattern trading .i used to lose on trades, since last 3days i just tried your simple rules and could predict the trade. thanks for your help

[@thetradingchannel]

Thanks for the great Comment!

[@ajcapital-tradingvideos4336]

Hi Steven, just came across your channel, keep it up, the more legit educators we get the better.

[@thetradingchannel]

+Ahmed J Hey Ahmed, Thanks for commenting. I have come across a few of your videos too and i have to say they were very impressive!

[@zysas5348]

Teach and apply on live trading .. you nailed it.. love it

[@clintduplechain6942]

Your a good teacher dude. You make it look like mathematicial art. Thanks for the lesson. Subbed for sure.

[@satishbarde2797]

SO VERY NICELY & SIMPLY EXPLAINED. HOWEVER, COULD NOT GET BAT & BUTTERFLY PATTERN VIDEOS HERE & NEITHER THE 2 WEBSITES ABOVE. COULD U PL PUT THEM UP AS WELL...

[@edricoon2325]

Thank for the great content! Quick question, when the limit order is triggered at 78.6% and price doesn't reverse exactly at the D but exceeds it, then do you adjust the targets? Like restretch the fibs from C to the new D and place Target 1 and Target 2 according to the new levels.

[@themalaysianguy]

You're the best man. I don't mind paying for your course at all honestly

[@tomislavopuhac24]

Hi Steven, Your videos are amazing. Short but to the point, with all the info when to enter and exit trade. I fallow, I test, I trade your style not just because I do not have style of my own...but because I understand yours. I usually do not write comment even when I like the video...but I will comment you. And that goes for all of your videos at Trading Chanel. Thanks ... and keep doing great job by producing more videos and tutorials. Kind Regards

[@thetradingchannel]

+Tomislav Opuhač Thanks Tom! That is great to hear that you chose to comment on one of my videos when you normally do not comment. That really means alot so thanks! Keep the awesome comments coming!

[@patbrady2574]

Great. Its better to see the actual trading instead of hindsight. Thanks

[@cesarmontera2247]

Just subscribed, find it simple and easy to follow instruction.

[@DrivingToThriving]

Thanks Steven, These advanced patterns were confusing to me at first but the more I see you explain it the better. Like anything in life I guess you just have to keep practicing/reviewing it until it makes sense. Good info! Appreciate it "Thumbs up"

[@thetradingchannel]

Thanks for the great comment!

[@allenv9939]

Your videos are a great resource!!! Thanks for the hard work!!!

[@rajaouipalestini7127]

Great video here . I could absolutely detect and draw that cypher pattern with the help of your clear water explanation. Thanks a lot.

[@thetradingchannel]

Thanks for the comment!

[@charlieabbot3649]

Good stuff. Shouldn't the B leg on the red candle be at the bottom of the body of the candle? Reds chart the close at the bottom, Greens at the top. Thanks

[@corganmusic7867]

Super simplified. Beautiful in its entirety.

[@thetradingchannel]

Thanks for the great comment! Could I use some of your music for my intros and outros?

[@corganmusic7867]

Yes definitely! I just ask you put a link to my stuff in the description! What's your email, I can send you tracks without vocals if you'd like!

[@KobraTrading]

Can't seem to find the answer to this question anywhere so here it is. If we are looking for candle BODY closes in these ranges does that mean that we should be measuring these patterns ONLY from candle bodies and not including the wicks?

[@lebogangmalekane4449]

Damn man...I love the way you explain these patterns...I'm hitting the subscribe button

[@thetradingchannel]

Thanks for the great Comment!

[@nicholasmwariri3455]

This is very educative and well explained...thanks soo much

[@johanbritz7294]

Hi Steven, can you explain how your Fib extension is set up? Mine differs alot from yours. Thanks

[@earladebayo7997]

This js the best KZbin video on forex i ever watch. So short detailed and explanatory. Am definitely pressing the bell 🔔 button 💯 no cap.

[@christianjoypandeiroth3232]

U are awesome thanks for free content

[@Benalecjohn]

Does it need to close in the 0.382 to .618 zone or is it enough for a wick to reach below .382? (and then the candle closes above the .382)

[@geraldjohnfernandez]

Your B point is above the red candle? Is thqt how you do it?

[@jaehus1971]

Really good explanations. I wish he could do a course on this stuff.

[@thetradingchannel]

+Jae Hus Thanks for the comment! I am currently working on my website, so hopefully my courses will be out by this time next month! Keep those comments coming!

[@skypoponosx]

+Jae Hus When that course is ready, sign me up :)

[@costakonti]

Hi any news on your website as yet?

[@ShortStuff0000]

Simply excellent work

[@kheyrwadaagchanel58]

@johnson Levitt i am new c help me please

[@jumpstyle826]

lets say, point c is hiting the 1.272 with a wick and not with the body, than the pattern is not valid. Or??? Thank u for great content

[@neilseconds35]

Thanx a lot for this video .. due to this video I did some awesome trades especially with nas100 .same like it hit today 👍🏾🙏💪 have a blessed new year.. keep that market secrets coming💪🙏👍🏾

[@YTC-TradingClasses]

Can we havemore videos explaining bat butterfly and crab patttern like this one? It will be very helpfull

[@monykaram84]

how to identify the Bat pattern? PLEASE POST THE LINK

[@hussann]

hey thanks man for uploading this video. i have subscribed to your channel in hope to learn the harmonic patterns. this is my first video i found free to have no other crap of advertisement. thanks a lot and keep em coming 👏

[@thetradingchannel]

Thanks for the kind words man! It is my pleasure to help! Thanks for the comment!

[@home8928]

Hi Steven. I'm hongkonger , I lose lots of money from HK stocks hope your video is useful to me. Subscribed and keep to follow you. Thanks!

[@gregshrewsbury5293]

07:18 how did you determine the D area to place your mark? I do not see the re tracement values. miss something did I?

[@thetradingchannel]

Hey Greg, for the cypher pattern D is at a .786 retracement. Thanks for the comment!

[@mateyeseratha8785]

where was this channel allthis time, thanks man. You really explained the advanced patterns in a perfect way. They all make sense to me now💖💖... lemme click the subscribe button😊😊

[@thetradingchannel]

Thanks for the Great comment! It is a pleasure to have you as a subscriber! Talk to you soon.

[@mateyeseratha8785]

Can you please make a video on a Crab and a Butterfly patterns....👏👏please please please! Thanks in advance Sir.

[@saarrac]

@@thetradingchannel hi! I am a beginner, I wanted to ask. is everything you teach on the channel also relevant to the stock market or is it relevant only to Forex?

[@sdougalis]

Hey Stephen, thanks for the crystal clear presentation of advanced patterns. Happy trading. :)

[@thetradingchannel]

No Problem. Thanks for the comment and keep them coming!

[@thomasstanton1111]

hey steve, i'm using ninjatrader 8 the new version and my extensions do no act like yours. i cannot get the same 1.27, 1.41, 1.618 like you have. are there settings i need to adjust?

[@ameermohamed8927]

Good day really informed, but what are the numbers you are speaking about? 162, 144 and so on

[@AdityaKumar-ow2db]

today it's your 8th video I m watching, really very helpful.thanks, Steven.

[@thetradingchannel]

Thanks for the great comment!

[@oscardejunior354]

Teacher i wanted to know if you do Pamm staff

[@spirosgabriel2719]

excellent explanation!!!

[@johnkabirjohnny1105]

That video was amazing. It was so easy to understand. Thanks for sharing & keep sharing more related videos.

[@thetradingchannel]

Hey John! Thanks for the awesome comment man! If you are interested in advanced patterns then check out my website thetradingchannel.net , if you subscribe to my website then you will receive a welcome email and that email will have a link to the Butterfly pattern tutorial! Good luck!

[@johnkabirjohnny1105]

i really want to thank u again because after watching this video it's so easy for me to identify cypher pattern. i watched lot more videos to identify the cypher pattern, but honestly this one is the best. please keep sharing more videos

[@worldwideoffline6423]

When does D become invalidated? How far past 78.6 can it break and still be valid?

[@wifidemonzzz]

correct me if im wrong, but cypher patter basically validates head and shoulders pattern/inverse head and shoulders?

[@avrahammizrahi7157]

You can make the same for Gartley and butterfly ?

[@thetradingchannel]

+Avi Mizrahi HI Avi! I will be coming out with a tutorial for the Gartley within the next week and butterfly after that. Also go to my channel and check out the tutorial for the bat pattern if you have not already!

[@altonnick3076]

+Avi Mizrahi yes i can.if you learn more than visit: www.traderever.com/native-trader-software-is-scam-or-legit/

[@Volcanoss911]

How to determine the X point if the market at the trend? And you say if the body of the candle below the fibonacci (point B and point C) is still valid, but sometime i confuse about the timeframe in the chart, if the pattern in H4 the body close below the specified of fibonacci but in H1 time frame the body of the candle out from the specified fibonacci, which one should i use for reference?

[@tejasrami26]

Superb video....i learn lot

[@vladimirasliaskovskis3667]

YOU Make my DAY! Thanks a lot !

[@thetradingchannel]

+Vladimiras Liaskovskis Thank you! These are the kind of comments that inspire me to keep making videos! Keep them coming!

[@visheshmalhotra7355]

hi thanks for the video it is really good but my question is silly where do we use cypher and Gartley pattern

[@gabrieluchechukwu2213]

How do I get a software that indicates and gives alert when each pattern is completely formed?

[@dilyankrastev]

When the entry is triggered and the price moves beyond the D completion, i.e. against you, why don't you move the target 38.2 from C to the lowest point beyond D? In the way you do it now, you only measure retracement of the projection for D, not the actual price movement.

[@thetradingchannel]

Hey Dilyan, this is the way that works best for me. I made that decision based on my backtesting results throughout historical data. Thanks for the comment!

[@davidpenafiel52]

Love this video man keep up the good work

[@thetradingchannel]

Thanks David

[@ahmedtariqkhan8247]

what if in trend based fib extension my vik not touching 1.272?

[@amirulafiqaizad9035]

A very nice explanation. I love it. 😊🙌🏻

[@akhi_zayd]

Just what ive been looking for. Great video, subbed

[@thetradingchannel]

Thanks for the sub and the comment!

[@abdiasdalmasi6758]

You the Best mate

[@jorgelussio3621]

Would this patter work when you are in the historic top, like Matic was yesterday?

[@chasingsequence]

Can I use these patterns for stock trading?

[@OmarNamouchi]

This is very good tutorial, thank very much Steven

[@thetradingchannel]

Thanks Omar!

[@MrArakhon]

do the wick/body have to reach 1.27 for it to be C. well put video thanks

[@ketodiethealthyfoodlab3958]

HI ZONE SHOULD BE BETWEEN 32 TO 50 AND NOT CLOSE ABOVE 50% BECAUSE 50% RETRACE CONFIRMED BAT PATTERN. HOW YOU CAN SAY ZONE BETWEEN 32 TO 61% PLEASE EXPLAIN?CORRECT ME IF I AM WRONG?

[@ardaturan8037]

Can I ask a question? Sometimes Bat and Gartley comes together in same area, which one we need to choose to execute ? Thank you!

[@normanleow7861]

Thanks for the video. I'm new to this pattern. What time frame works best for this pattern?

[@arunmahendran7830]

Hi. Thanks for explaining them and making complex patterns easy to understand and use in my trading. I have been trying to learn gann reversal method but I m unable to find it anywhere. it would be really helpful if you can make a video on that.

[@orangequant]

excellent video, clear explanations, thank you!

At what time frames this pattern works the best?

[@kevsvideos1]

enjoyed the video but a little confused when looking for a cypher pattern do i go from the close of the candle or the end of the wick with the fib retracement and extention from x to a, a to b and b to c.. it can make a lot of difference.

[@oldteenager6850]

you said b cannot touch .786 but yet you continue to draw the full pattern? 4:57. if it invalidates it, then why do we need to see what the pattern looks like if price is less likely to follow the pattern. very confusing dude.

[@lucdelisle2572]

What platform do you use to have the fibo extension tool?

[@carolinacrypto3134]

Great work man!!! I will be looking for these patterns. Thanks

[@gdxvibes293]

Do banks use the Fib. Would love to know... Thanks

[@johnb2271]

Great video! Thanks very much

[@thetradingchannel]

Thanks John!

[@allany27]

awesome Steve thank you very much

[@thetradingchannel]

Thanks for the comment

[@tscottmvp5]

Great video, Explained very well!

[@thetradingchannel]

Glad you liked it!

[@ahmedtariqkhan8247]

what if the price at b closes before 0.382?

[@sunnysamuel2649]

A nice one, I really enjoyed watching it. I only have one problem with the video...and that's your risk-reward ratio: Your risk to reward is almost 50/50, and in my opinion is not a very profitable way to trade or generally, is the risk-reward ratio of a cypher pattern smaller compared to other harmonic patterns?

[@FredPlier]

What time frame works best for this pattern? Are there Time frames to avoid when using this pattern? Thx

[@EricK-lo6zz]

Great tutorial Merci …

[@oddissee2057]

Fantastic video mate - Thanks very informative :)!

[@thetradingchannel]

Thanks for the comment Oddissee!

[@cameodoneron]

I AM COMMITTED. Thanks for the tutorials!

[@lumosthink]

hey steven could you please tell me what platform you are using and under which broker?

[@DeepakVermaID]

Great Video, bt still I am confused about the point D, pls clear the candle formation for the point D.. candle should close above the 78.6 retracement ? I am searching everywhere, bt only u can solve..

[@thetradingchannel]

Hi, Limit order at the D point. Thanks for the comment!

[@selvamchella3853]

very nice video, please to give me idea about calculation of PRZ

[@davincij15]

good job!

[@thetradingchannel]

Thanks man! If you like the analysis that i do then head over to thetradingchannel.net and subscribe for a free newsletter were i will be doing full analysis on one of the major pairs every week and pointing out key levels of structure and possible trading opportunities! Plus a free Butterfly pattern tutorial! Thanks for the comment!

[@chatw0832]

how do u draw ur impulse legs?i know the method and all...but at 10:45 its some other way altogether.

[@thetradingchannel]

That would be very hard to explain in the comment section, but I made a video about it.

[@Curious20018]

when is the best time for using cyper pattern uptrend or downtrend

[@glauberreis153]

Nice videos Steven, do you have a rule for how far below X for your stop?

[@thetradingchannel]

Hey, I use ATR and a standard 20 pip stop loss if the ATR is below 20. Thanks for the comment!

[@slick_suggestions]

hey buddy, this is really really good thanks for helping i was looking for this kind of videos for long time please keep going live so we can know more. and really awesome job please post more......