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High Level Accuracy Method With Little To NO Draw-down

  • #201
  • Feb 4, 2019 1:51am Feb 4, 2019 1:51am
Hey mate, this is what I'm seeing real-time on EURCHF.
---
Chart 1: FXCyborg H4 Setup
Chart 2: FXCyborg M15 Setup (zoomed in from H4)
Chart 3: Same Setup as 2 but zoomed out to reveal the pattern.
---
What says you, mate?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20190204-084529.png Size: 147 KB
Click to Enlarge Name: Screenshot_20190204-084622.png Size: 166 KB
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Simplicity Is The Ultimate Sophistication!
  • #202
  • Feb 4, 2019 2:04am Feb 4, 2019 2:04am
Quoting FXCyborg
Here's EURCHF H1 - real time setup - using the most extreme setup... not really the ideal one as the body sizes are slightly too small for my liking. I like to see healthy bodies on these two bull bars. ATB {image}
Could you explain, how you determined the previous structural low at that level?

Also what time frame would you recommend trading?
  • #203
  • Feb 4, 2019 2:07am Feb 4, 2019 2:07am
Quoting FXCyborg
Here's USDCAD - 30 Min - SELL {image}
Do you wait for the 3 bar setup to complete? Or do you short on the 3rd bar?
  • #204
  • Feb 4, 2019 2:19am Feb 4, 2019 2:19am
Hi guys,

Take a look at this
https://www.forexfactory.com/showthread.php?p=11960028#post11960028

ATB
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  • #205
  • Feb 4, 2019 2:25am Feb 4, 2019 2:25am
Quoting AkronD
{quote} Do you wait for the 3 bar setup to complete? Or do you short on the 3rd bar?
If we have a 3 bar setup, can you tell me why it would be logical to not wait for it?

ATB
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  • #206
  • Feb 4, 2019 2:27am Feb 4, 2019 2:27am
Quoting AkronD
{quote} Could you explain, how you determined the previous structural low at that level? Also what time frame would you recommend trading?
Not sure I completely grab the complete mechanics of the system as yet. My understanding of structural low would be the most recent swing low or support. Not sure if a change in terminology helps your understanding.

What TF I recommend? I'm not sure I'm in a position to say. Personally, I would trade any TF from D1 to M15. If, however, I'm trading H1 and above, I'd like to zoom in on M5/M15 to see if I can take a sniper shot with minimal DD. Looks like that's what the OP recommends.
Simplicity Is The Ultimate Sophistication!
  • #207
  • Feb 4, 2019 2:28am Feb 4, 2019 2:28am
Quoting AkronD
{quote} Could you explain, how you determined the previous structural low at that level? Also what time frame would you recommend trading?
Kindly refer back to the other posts - I'm sorry, but I'm not going to into the habit of repeating myself. I spent the last good 4 hours or so answering a LOT of posts toda and over 10 hours yesterday. There are a lot of posts here I know, but they are of quick reading. I kindly suggest you start from the first thread and read through them.

Kinds kindly and I hope you understand.
ATB
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  • #208
  • Feb 4, 2019 2:28am Feb 4, 2019 2:28am
Quoting Impenia
{quote} Not sure I completely grab the complete mechanics of the system as yet. My understanding of structural low would be the most recent swing low or support. Not sure if a change in terminology helps your understanding. What TF I recommend? I'm not sure I'm in a position to say. Personally, I would trade any TF from D1 to M15. If, however, I'm trading H1 and above, I'd like to zoom in on M5/M15 to see if I can take a sniper shot with minimal DD. Looks like that's what the OP recommends.
Nice explanation

Thanks

ATB
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  • #209
  • Feb 4, 2019 2:30am Feb 4, 2019 2:30am
Quoting AkronD
{quote} Do you wait for the 3 bar setup to complete? Or do you short on the 3rd bar?
How would you know the setup is valid if the 3rd bar has not completely formed. You can't preempt an Engulfing candle, you need to wait for it to close.

BTW, it's not that 3 bar setup that is to be traded, it's the revisit of that setup that should be traded.
Simplicity Is The Ultimate Sophistication!
  • #210
  • Feb 4, 2019 2:31am Feb 4, 2019 2:31am
Quoting shrips
Hi Cyborg, Just a tip so as to help us readers. When you post your 2nd method in the future, it will be good if it could be in the first post so that its all laid out in one post. I suspect this will be a popular and large thread so having it at the beginning will help everyone. Its a great way to trade so thank you for the time you are putting in so far to show everyone. Shrips
@shrips Hi, welcome

Thanks for your suggestion, I'm quite accustomed to know how to use this forum And how to run communities - in later days I will be making a "Point of Interest" document - a wiki-guide of quick links, if you will.

I got this covered my friend, but I do value your suggestion immensely... thank you

ATB
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  • #211
  • Feb 4, 2019 2:32am Feb 4, 2019 2:32am
All this fawning... I feel like I need to take a shower. It's comical watching people just waste their time thinking someone is going to tell them about something that works I've wasted enough time on FF. I'm outtie-5000.
  • #212
  • Feb 4, 2019 2:33am Feb 4, 2019 2:33am
Quoting Impenia
{quote} How would you know the setup is valid if the 3rd bar has not completely formed. You can't preempt an Engulfing candle, you need to wait for it to close.
Perfect answer, thank you.

I would like add as I have once done before, but in this instance I think its important to note again.

"Don't shadow the price, ie, be up its back, locate previously formed setups - mark them out and wait for the revisit"

ATB
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  • #213
  • Feb 4, 2019 2:34am Feb 4, 2019 2:34am
Quoting spotrate
All this fawning... I feel like I need to take a shower. It's comical watching people just waste their time thinking someone is going to tell them about something that works I've wasted enough time on FF. I'm outtie-5000.
We're not all as ignorant and selfish as you...

See you later Mr Troll.
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  • #214
  • Feb 4, 2019 2:37am Feb 4, 2019 2:37am
Fx Cyborg what you think about this Chart? It is correct? Btw thx for these thread and patience for us and our always the same question )))))
Attached Image (click to enlarge)
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  • #215
  • Feb 4, 2019 2:39am Feb 4, 2019 2:39am
Who caught the 5 Min GBPUSD setup for a short scalp? That trade made me 1.1% 50 more of those would be nice

See how quickly in short order they push off these levels?

Proof is in the podding baby!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB
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  • #216
  • Feb 4, 2019 2:39am Feb 4, 2019 2:39am
waiting price retest to 1313.30
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  • #217
  • Feb 4, 2019 2:39am Feb 4, 2019 2:39am
@FXCyborg, when you have the time, could you lend your opinion on post #200? Thanks.
Simplicity Is The Ultimate Sophistication!
  • #218
  • Feb 4, 2019 2:44am Feb 4, 2019 2:44am
Quoting FXCyborg
Who caught the 5 Min GBPUSD setup for a short scalp? That trade made me 1.1% 50 more of those would be nice See how quickly in short order they push off these levels? Proof is in the podding baby! {image}
To add, notice the several wicks created by the GBPUSD as noted in the image?

That's where there is selling liquidity, so I will be buying back to that level and sell again.

ATB & GL
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  • #219
  • Feb 4, 2019 2:45am Feb 4, 2019 2:45am
Quoting Impenia
@FXCyborg, when you have the time, could you lend your opinion on post #200? Thanks.
I will do, but let me make some money first I've put in a fair share of my time in today... now it's time to get paid

I'll be back later to answer any more posts. Thanks

ATB
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  • #220
  • Feb 4, 2019 2:47am Feb 4, 2019 2:47am
It's pouring down of free cash
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