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High Level Accuracy Method With Little To NO Draw-down

  • #661
  • Feb 6, 2019 7:23pm Feb 6, 2019 7:23pm
A very nice setup on USD/JPY M5
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY m5 (02-07-2019 0118).png Size: 18 KB
  • #662
  • Feb 6, 2019 7:37pm Feb 6, 2019 7:37pm
Quoting Rana77
A very nice setup on USD/JPY M5 {image}
From what I can see in your screen shot, I dont understand the area that you circled with the up arrow, as there is no 3 bar set up there. Your so called engulfing Bearish candle, is not a proper engulfing candle.

An engulfing Bearish candle must close below the open of the second bullish candle which is does not. In other words it has to engulf the whole body or its not a proper engulfing bar.
  • #663
  • Feb 6, 2019 7:46pm Feb 6, 2019 7:46pm
Quoting pipsquick16
{quote} From what I can see in your screen shot, I dont understand the area that you circled with the up arrow, as there is no 3 bar set up there. Your so called engulfing Bearish candle, is not a proper engulfing candle. An engulfing Bearish candle must close below the open of the second bullish candle which is does not. In other words it has to engulf the whole body or its not a proper engulfing bar.
The entry is at the grey box at the top...
  • #664
  • Feb 6, 2019 7:49pm Feb 6, 2019 7:49pm
Quoting steven21
{quote} The entry is at the grey box at the top...
I know that your entry is at the top right corner, but what is the circle showing ?? You missed my point about the engulfing candle, because its not correct. I am not the moderator here, I am just simply pointing things out to you on your set up which you thought was perfect.
  • #665
  • Feb 6, 2019 7:51pm Feb 6, 2019 7:51pm
Quoting pipsquick16
{quote} I know that your entry is at the top right corner, but what is the circle showing ?? You missed my point about the engulfing candle, because its not correct. I am not the moderator here, I am just simply pointing things out to you on your set up which you thought was perfect.
The circle shld be the low tp area...
  • #666
  • Feb 6, 2019 7:53pm Feb 6, 2019 7:53pm
Hi, I am a fan of supply and demand. I just want to share my view on USDJPY chart. Feel free to drop any comment.
Bias is up-trend, just spotted out a long setup.

Attached Image (click to enlarge)
Click to Enlarge Name: UJ.jpg Size: 57 KB



Regards,
Tom
  • #667
  • Feb 6, 2019 8:09pm Feb 6, 2019 8:09pm
Nice trade on M5 USDJPY. Check mark is setup and arrows are entries where I scaled in.
Attached Image (click to enlarge)
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  • #668
  • Feb 6, 2019 8:21pm Feb 6, 2019 8:21pm
Both EURJPY and GBPJPY are showing a setup at around 4:15 on M5.

If two occur at the same time, I guess the odds are better.
  • #669
  • Edited 10:22pm Feb 6, 2019 9:50pm | Edited 10:22pm
Quoting raklian
Both EURJPY and GBPJPY are showing a setup at around 4:15 on M5. If two occur at the same time, I guess the odds are better.
If two occur at the same time its probably mainly generated by a move in JPY (with EUR & GBP relatively well correlated) so don't assume that it has any impact on the probability of continuation.
  • #670
  • Feb 6, 2019 10:44pm Feb 6, 2019 10:44pm
Quoting BarryD
Candle_pattern_CHFJPY_5M.mq4 {file}

Hi Barry,

You may contact Fcyborg and seek his permission for developing an EA based on his teaching.

There are plenty of brains/developers on ff, someone needs to initiate so yes. Try.

Thanks
  • #671
  • Feb 6, 2019 11:08pm Feb 6, 2019 11:08pm
Anyone else take these trades? Anyone else with enough balls to post their losers? FXCYBORG, any hindsight pointers for me as to why these were losers?
Attached Image (click to enlarge)
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  • #672
  • Feb 6, 2019 11:21pm Feb 6, 2019 11:21pm
Quoting abrahamgzman
GBP NZD setup SL hit. Another trade i see developing CHFJPY 1 hr Buy setup. What worries me is the bull engulfing candle engulfs 3 candles but let see how it goes. {image}
This is in a downtrend so go for shorts? Heres my thinking. JBTW I also got stopped on the GNZ.
Attached Image (click to enlarge)
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  • #673
  • Feb 6, 2019 11:27pm Feb 6, 2019 11:27pm
Quoting Tradman
Anyone else take these trades? Anyone else with enough balls to post their losers? FXCYBORG, any hindsight pointers for me as to why these were losers?{image}{image}{image}
For the 3rd pic usdcad 30m, I looked to the left and cant see any accumulation zone. I think it depends on individual where is the zone.
BTW the engulfing bar is to engulf the 2nd bar only and not many bars.
  • #674
  • Feb 6, 2019 11:36pm Feb 6, 2019 11:36pm
Quoting Rana77
A very nice setup on USD/JPY M5 {image}
Unfortunately my friend, incorrect setup.

I hope this image of mine will help clear any confusion?

ATB - and keep trying - don't give up
Attached Image(s) (click to enlarge)
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Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #675
  • Feb 6, 2019 11:46pm Feb 6, 2019 11:46pm
Quoting pipps
USDCAD M30 trade setup marked with yellow box, minor consolidation area...is that good enough? was triggered and running well trade setup in green box has better consolidation area. Was triggered but never got to target area (red line) trade setup in light blue at top of a move and not yet in consolidation so i think NOT a setup in fact. It did trigger almost immediately (blue arrow and again at red arrow but also never got to target area. trade setup purple box, coincides with yellow box setup but has yet to trigger But i like this one except maybe...
Nice looking idea bud but stopped out properly.
  • #676
  • Feb 6, 2019 11:48pm Feb 6, 2019 11:48pm
Quoting steven21
{quote} For the 3rd pic usdcad 30m, I looked to the left and cant see any accumulation zone. I think it depends on individual where is the zone. BTW the engulfing bar is to engulf the 2nd bar only and not many bars.
Thanks for the reply Steven, I read the engulfing bar bit a few minutes ago.
  • #677
  • Feb 6, 2019 11:58pm Feb 6, 2019 11:58pm
Quoting ficibald
gbpaud 30 min,on 4h price is near 61.8 fibo of last leg also {image} {image}
I see this one stopped you out and it looked like a good set up.
  • #678
  • Feb 7, 2019 12:13am Feb 7, 2019 12:13am
Quoting Tradman
{quote} Thanks for the reply Steven, I read the engulfing bar bit a few minutes ago.
I am just learning, anyway I think even a recent top or bottom could be considered as accumulation zone especially if drilled down to a lower tf...
Just that on higher tf, the zone isnt so clearly visible in that pic.
  • #679
  • Feb 7, 2019 12:32am Feb 7, 2019 12:32am
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 24 KB
Always Be +ive
  • #680
  • Feb 7, 2019 1:07am Feb 7, 2019 1:07am
Attached Image (click to enlarge)
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