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okshop Feb 3, 2019 6:31am | Post# 21

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{quote} Let's see if we can fine tune your ability to locate these from back testing some charts on all sorts of TF's before the markets open so you're all fresh and ready to kick some serious pips out of the Brokers Pockets ATB
yep will be ready. love yr trigger method tq
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knkie Feb 3, 2019 6:38am | Post# 22

Know your trend bias - is the trend going up, or down? If it's going down, we're looking for sells and vice versa - IDEALLY!!! ~~~ End Side Note ~~~
Hello fxcb
i like this trigger
Just one question about image 01:
You are taking a short setup here...but n the quote above you say that we should also have a trend bias.
In image 01 if I go up to higher frames it seems the trend was Bullish and this is a short setup.

- Are you determining trend within M1 only? or higher frames?
- Do you ever take a setup against the trend ?

thank you very much in advance

skyway Feb 3, 2019 6:39am | Post# 23

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Here you go
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okshop Feb 3, 2019 6:43am | Post# 24

{quote} Hello fxcb i like this trigger Just one question about image 01: You are taking a short setup here...but n the quote above you say that we should also have a trend bias. In image 01 if I go up to higher frames it seems the trend was Bullish and this is a short setup. - Are you determining trend within M1 only? or higher frames? - Do you ever take a setup against the trend ? thank you very much in advance
hi how r u mate, i think u got to wait after the movies for the answer
glad to see u here

FXCyborg Feb 3, 2019 6:49am | Post# 25

{quote} Hello fxcb i like this trigger Just one question about image 01: You are taking a short setup here...but n the quote above you say that we should also have a trend bias. In image 01 if I go up to higher frames it seems the trend was Bullish and this is a short setup. - Are you determining trend within M1 only? or higher frames? - Do you ever take a setup against the trend ? thank you very much in advance
@knkie Hi,

Thanks for your question

It's all relative - if you refer back to the first image, notice the box I drew in? Now notice the highs the wicks created? Are they going up, or down?

Once you answer that, please refer to STEP 2, which is the part you're missing out on to get the overall picture - I'd assume?

The first image is STEP ONE as denoted in the Orange text at the top

STEP TWO is the same chart, but this time I took out the box and other elements and started to add in my order levels

I trust this helps?

ATB

FXCyborg Feb 3, 2019 6:52am | Post# 26

Here you go {image} {image}
@skyway, Hi

Thanks for your submission.

Re: GBPUSD 15 Min

Can you kindly edit your post with a new screenshot for that pair with the horizontal trend lines, I want to show you something Once you do, you will see that this level has been triggered.

As that of the EURCAD 15 Min

Thanks

ATB

pipcruiser Feb 3, 2019 7:07am | Post# 27

OK Ladies and Gents - this thread has turned into the most viewed thread in this section Thanks. I hope the illustrations and live setups before Sunday Open has helped guide you to make more informed choices. If you want to do any back-testing while we wait for the Markets to open, feel free to drop in an screenshot with your setup and I'll guide you on the right path. I'm going to take a break and watch some Movies. ATB
Hey ATB

Awesome thread - thanks a lot.

Keep it up (and pls ignore the few trolls which might come and go!)

Your insights are extremely interesting...

PC

pipcruiser Feb 3, 2019 7:19am | Post# 28

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Hi again,

I'm trying to understand your set-ups and one thing confused me regarding the mentioned engulfing patterns.

I quote you :

"In this accumulation zone where orders are being created, we're looking for two BULL candles of reasonable / healthy body sizes (ideally body sizes should be almost the same size) going in the same direction followed by a 3rd Candle, a BEAR bar creating an engulfing pattern."

In regards to the example from post one, I don't see a "real" engulfing candle on the 3RD bear candle? I mean the bear candle does not engulf the lows of the previous candle.

Do you have a special definition of the engulfing candles you use/ look for?

Thanks in advance!

PC
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dornachum203 Feb 3, 2019 7:24am | Post# 29

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Thank you for sharing.
Are you consider this as a valid setup?

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LDFX Feb 3, 2019 7:24am | Post# 30

Hi again, I'm trying to understand your set-ups and one thing confused me regarding the mentioned engulfing patterns. I quote you : "In this accumulation zone where orders are being created, we're looking for two BULL candles of reasonable / healthy body sizes (ideally body sizes should be almost the same size) going in the same direction followed by a 3rd Candle, a BEAR bar creating an engulfing pattern." In regards to the example from post one, I don't see a "real" engulfing candle on the 3RD bear candle? I mean the bear candle does not engulf...

I guess it is because he means the body of the candle, the open / close and not the high / low.

pipcruiser Feb 3, 2019 7:28am | Post# 31

{quote} I guess it is because he means the body of the candle, the open / close and not the high / low.
Thanks - but I dont see that neither in that set-up

PC

FXCyborg Feb 3, 2019 7:34am | Post# 32

{quote} Hey ATB Awesome thread - thanks a lot. Keep it up (and pls ignore the few trolls which might come and go!) Your insights are extremely interesting... PC
ATB is not my name mate

ATB = All The Best

And hey, thanks, no worries.. yeh, will do..

Cheers

knkie Feb 3, 2019 7:37am | Post# 33

{quote} hi how r u mate, i think u got to wait after the movies for the answer glad to see u here
haha awesome to see you here too OK !

okshop Feb 3, 2019 7:38am | Post# 34

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NZDJPY H1, is this and example of miss the train. (price dont retrace to order after having a set up ? tq
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FXCyborg Feb 3, 2019 7:40am | Post# 35

Hi again, I'm trying to understand your set-ups and one thing confused me regarding the mentioned engulfing patterns. I quote you : "In this accumulation zone where orders are being created, we're looking for two BULL candles of reasonable / healthy body sizes (ideally body sizes should be almost the same size) going in the same direction followed by a 3rd Candle, a BEAR bar creating an engulfing pattern." In regards to the example from post one, I don't see a "real" engulfing candle on the 3RD bear candle? I mean the bear candle does not engulf...
Hey again

OK, an Engulfing bar is where the body engulfs its previous bar of a different type. We refer to it as a Bearish Engulfing Pattern.
You will see this denoted by the BLACK bear bar which I labeled "3rd Bar - BEAR Engulfing".

I trust this clears it up for you?

ATB

LDFX Feb 3, 2019 7:40am | Post# 36

{quote} ATB is not my name mate ATB = All The Best And hey, thanks, no worries.. yeh, will do.. Cheers

Hello dude,

are you using bid on your chart ? I am asking because if you do not use average, especially on the 1m TF when the spread widen you can get an engulfing only because of the spread while the real price would not show you that, that is the problem with very low time frame using bid or ask and candlestick pattern instead of average.

However I am curious of how much you risk per trade to make 100%/week ?

knkie Feb 3, 2019 7:40am | Post# 37

{quote} @knkie Hi, Thanks for your question It's all relative - if you refer back to the first image, notice the box I drew in? Now notice the highs the wicks created? Are they going up, or down? Once you answer that, please refer to STEP 2, which is the part you're missing out on to get the overall picture - I'd assume? The first image is STEP ONE as denoted in the Orange text at the top STEP TWO is the same chart, but this time I took out the box and other elements and started to add in my order levels I trust this helps?...

Yes this helps alot FXC !
I thought the images were different examples and did not realise each was a step...
My bad !

thanx for the fast response

NuNix Feb 3, 2019 7:44am | Post# 38

interesting...

Only candlestick and lines. This will suit me a lot.

please more image, thanks.

pipcruiser Feb 3, 2019 7:48am | Post# 39

{quote} ATB is not my name mate ATB = All The Best And hey, thanks, no worries.. yeh, will do.. Cheers
Ha ha - sorry buddy!

pipcruiser Feb 3, 2019 7:52am | Post# 40

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{quote} Hey again OK, an Engulfing bar is where the body engulfs its previous bar of a different type. We refer to it as a Bearish Engulfing Pattern. You will see this denoted by the BLACK bear bar which I labeled "3rd Bar - BEAR Engulfing". I trust this clears it up for you? ATB
Thanks - but I still dont see the body of the "engulfing" 3rd bar engulfing the previous 2. bull candle.

Never mind - its probably just me needing more coffee

PC

PS: here is what I mean https://commodity.com/technical-anal...ish-engulfing/
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