High Level Accuracy Method With Little To NO Draw-down

Quoting cfudge

Disliked

{quote} Hi Garados In my opinion the first pic had a nicer formation than the second, (not really a good one that second one), but the first one was against the trend . The second one was with the trend, only not a real setup if I'm honest. I would also like to throw out there that instead of time being a factor for weather a trade is valid still, what about a certain number of candles. This takes into account all TFs equally. Chris

Ignored

Quoting 2dollardog

Disliked

{image}

Ignored

Quoting FXCyborg

Disliked

Guys, please, please, I know it's the end of the week and people are tired, et al, but please, leave the bickering alone I'm getting tired of it. I appreciate that some of you are replying to these people who have had a tough week in support of me and the thread, etc, but let's just move on. Kindly refer to this post. https://www.forexfactory.com/showthread.php?p=11977454#post11977454 I don't want to come back here to see everyone fighting... Or I might not just come back and do something better with my time, of which I...

Ignored

Quoting russian30

Disliked

{image}

Ignored

Quoting HanifBukhari

Disliked

{image}

Ignored

Quoting FXCyborg

Disliked

this area we are looking for a revisit back to that zone - it must revisit back to this zone in short order (come back reasonably quick) - if it takes far too long to come back to that area it's generally best to ignore the setup.! {image} {image} {image} {image} {image} {image} {image} {image}

Ignored

Quoting FXCyborg

Disliked

{quote} You're almost there. OK, to all reading this thread, listen. 1 and 5 minute TF/CP's REQUIRE an accumulation. 15 min and upwards. DO NOT require an accumulation. HOWEVER, IF you do find one on there, then awesome, use it! If there isn't one next to it it like we see on smaller time frames/compressions, don't worry, there's one in the underline price that created that 3-bar setup we are using. WHY? I'll repeat... Because the 15 Min bar is a composition of 1 and 5 min bars COMPRESSED into a higher one. As I stated yesterday. Ladies...

Ignored

Quoting 9jatrader

Disliked

{quote} We need to pay more attention to the highlighted statements from the thread stater. He emphasized on "revisit to the zone"

Ignored

Quoting rafael5643

Disliked

{quote} I'm not doubting you, why dont you create a demo account and create a trade explorer for that? Also let us know any other strategies you know.

Ignored

Quoting lddd

Disliked

@FXCyborg, the highlighted setup within the setup on M5 is a valid bearish engulfing bar? As far as i can see the second BULL bar was not fully engulfed. {image}

Ignored

Quoting 2dollardog

Disliked

{quote} Also what is the logic and advantage of a setup within a setup? Answer: Lower Risk and also Higher Probability. Generally, trade setups that trigger across multiple time frames have a higher positive expectancy (http://www.lonestocktrader.com/make-money-trading-positive-expectancy/). I do not know about this particular setup, but the risk:reward ratio is obvious and suits my trading style, because I can be an imbecile and I want to make money. Paul Tudor Jones agrees with me: 5:1 (risk /reward). Five to one means I’m risking one...

Ignored

Quoting garados

Disliked

Sorry FXCyborg and guys, Can I get some comments on another of my loss trade I thought I have gotten most of the criterias down but I guess I must be missing something. Hope I can get some pointers 1. There is an accumulation zone 2. Candle size is about the same for both bull and the bear 3. It is an engulfing bear 4. I waited for a revisit to the zone. 5. Although the trend is not obvious in the chart, it is a downtrend if i am to check the higher TF. I must have done something wrong..Thanks guys {image}

Ignored

Quoting Bestof27

Disliked

{quote} Hi, You can't achieve 100% win rate ! May be you can consider that the strike zone was touched by the 2 candles after the engulfing

Ignored