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High Level Accuracy Method With Little To NO Draw-down

  • #921
  • Feb 8, 2019 1:52am Feb 8, 2019 1:52am
Price feeds, and patterns will vary on all charts, especially the 1min I suspect...something to consider
Look Sharp/Trade Tight
  • #922
  • Feb 8, 2019 1:54am Feb 8, 2019 1:54am
Quoting FXCyborg
{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...
Thank you FXCyborg for explanation! Just one quesiton: I somehow donīt understand your analyses of the setup from 2dollardog. I mean in this post 2dollardog (https://www.forexfactory.com/showthread.php?p=11975409#post11975409) we see the analyses from 1h down to smaller compressions. In the first picture he shows a sell setup, but in my eyes it was more a buy setup. two bear candles followed by a engulfing bull candle. And from that setup he goes deeper into smaller tf. On this post (https://www.forexfactory.com/showthread.php?p=11976464#post11976464)you explain the setup and in your second picture its the same. You show a sell setup but using it as a buy? Sorry for the question, I really just donīt understand. Can we use a sell or buy setup for both directions?

Thank you very much for helping to understand!

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 88 KB
  • #923
  • Feb 8, 2019 1:56am Feb 8, 2019 1:56am
gbpusd

please critique...

5 min setup and entry:
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 5min.png Size: 280 KB


15 min potential takw profit areas:
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 15 min.png Size: 285 KB


thanks
"the fool and the prophet walk hand in hand..."
  • #924
  • Feb 8, 2019 1:58am Feb 8, 2019 1:58am
Quoting raklian
Might I suggest setting up a telegram channel only for serious participants who want to contribute constructively?
NO, so quit asking. This forum here is for a purpose. And Im not going to repeat the same stuff on Telegram a Ihave here, I wont be joining. so dont post any links to any telegram group. So don't ask anyone going beyond my wishes, wont be able to post here.
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  • #925
  • Feb 8, 2019 1:59am Feb 8, 2019 1:59am
Quoting rafael5643
{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.
Why don't you stick to the scope of this thread and quit assuming I have time to waste on a stupid demo account.
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  • #926
  • Feb 8, 2019 2:03am Feb 8, 2019 2:03am
Quoting 9jatrader
{quote} I believe Iddd is not blaming you, but rather on the misplacement of Forex terminology by the other guy
I know, but I don't need to quoted and corrected as if I didn't know or understand what the other guy was talking about.

Get back on topic please. I'm getting tired of this bickering.. any more.. I just wont come back - it's really starting to Pee me off.

People think they can dictate how this thread should be ran, what is meant by others, pulling people away from the scope of this thread, and everything else.

It didn't take long before this thread to go to s**t and people making demands and doing things behind my back without my permission..

If people don't like how I run this thread, there are plenty of others on this forum that people can try and take over and assume they can do what they want in it.

I'm here to help others who want to be helped, if some people on here don't want to be part of that - then fine, don't ruin the scope of this thread.

Last and final warning, my patience is running very thin - any more demands being made, they wont be able to post replies on here.
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  • #927
  • Feb 8, 2019 2:07am Feb 8, 2019 2:07am
Quoting 9jatrader
{quote} This post has pointed out what I have been preparing my mind to post and address to you. Some of the post you dislike I do not see anything bad. Allow others to share their thoughts and feelings. Traders want to learn new thing and may be bound to post something you may not like, not necessarily to offend you. Placing traders on ignore list and dislike their post may not be good idea. Even those who intend to offend you here may not even be replied by you, but other traders who are subscribed to the thread. Just my thought. Thanks for the...
Again, beyond the scope of this thread, what did I ask people politely the other day? STAY ON TOPIC!

If its not on topic, it doesn't belong here... People are finding it hard to find the posts of information. They didn't come here to read replies that have no bearing on what is being illustrate to to listen to people bickering all the time.

What is so confusing about this to understand?

If I want your opinion, I'll ask for it and quit typing in bold as if you want to stand out. It's rude and no worse than typing in capital letters.
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  • #928
  • Feb 8, 2019 2:09am Feb 8, 2019 2:09am
Quoting garados
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}
Hello!

1) Each of your candles are only 1 pip. I believe they should be a little bit larger and that might be the problem.
2) This method doesn't always succeed.
3) Please check the pair on M5 TF. I believe that it might be a stronger signal. However, it's not a perfect setup, but it is still holding.
- For profit area, please zoom out, it was hard to see the setup when zoomed out.
- For SL +5 pips above the highest shadow of the setup.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY M5.JPG Size: 131 KB
An investment in knowledge pays the best interest.
  • #929
  • Feb 8, 2019 2:13am Feb 8, 2019 2:13am
Quoting 2dollardog
{image}
No mate, that's a buy setup in a down trend.
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  • #930
  • Feb 8, 2019 2:15am Feb 8, 2019 2:15am
Another Successful Trade it Makes the 10th win for me

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 79 KB
  • #931
  • Feb 8, 2019 2:27am Feb 8, 2019 2:27am
Quoting garados
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}
Ho Garados ... I am new to this method also so only rely on the informastion by FXCyborg but my take on it is that your TP (TP1) is way to far away .... it should be a lot higher where you hit the first structure. Can I suggest that you read something on the net for Structure (thats what I did and it helped). FXCyborg may have a link he would recommend. But your entry was good from what I see ... it was just your TP.
Also just a comment from my side ... stick with this as this is one of the most "mind freeing" strategies i have found EVER and we have a guru willing to share his knowledge (and for free which is amazing). So it is worth it and a big reach out to FXCyborg. The light switch is on this week for me ... first time in a long time.
  • #933
  • Feb 8, 2019 2:35am Feb 8, 2019 2:35am
Hi Cyborg
Am enjoying working through this, maybe it is answered somewhere. I have a question:
We need to find the set up in line with the trend. So for example a bearish setup on M5 on a bearish M5 chart. If the higher timeframe trend is Bullish (eg H1/H4), which one is the winner?
I assume it would be the chart where the setup occurs. In this case the M5. Correct?
Many thanks for your efforts
It takes time
  • #934
  • Feb 8, 2019 2:40am Feb 8, 2019 2:40am
Quoting FXCyborg
{quote} No mate, that's a buy setup in a down trend.
XCyborg,

Please advise me:

After the formation of our 3 bar setup and having marked the sell/buy levels; if the next immediate candle touches/revisits our levels, can we take the trade?
{or} ignore the immediate candle and wait for price to pull away some distance and then wait for the revisit? I have seen examples of both from many users in the thread and your inputs would clear the confusion.

Once again, grateful for sharing your approach...

Thanks
  • #935
  • Feb 8, 2019 2:42am Feb 8, 2019 2:42am
Quoting russian30
{quote} Fair point. I think my last trade may have been a little to long on the rebound.
Instead the other way according to the strategy. You're still learning. Learning new thing is not an easy thing
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #936
  • Feb 8, 2019 2:43am Feb 8, 2019 2:43am
Thank you all for your input and replies!

Quoting reinis92
{quote} Hello! 1) Each of your candles are only 1 pip. I believe they should be a little bit larger and that might be the problem. 2) This method doesn't always succeed. 3) Please check the pair on M5 TF. I believe that it might be a stronger signal. However, it's not a perfect setup, but it is still holding. - For profit area, please zoom out, it was hard to see the setup when zoomed out. - For SL +5 pips above the highest shadow of the setup. {image}
Quoting kieranmurphy
{quote} Ho Garados ... I am new to this method also so only rely on the informastion by FXCyborg but my take on it is that your TP (TP1) is way to far away .... it should be a lot higher where you hit the first structure. Can I suggest that you read something on the net for Structure (thats what I did and it helped). FXCyborg may have a link he would recommend. But your entry was good from what I see ... it was just your TP. Also just a comment from my side ... stick with this as this is one of the most "mind freeing" strategies i have found EVER and we have a guru willing to share his knowledge (and for free which is amazing). So it is worth it and a big reach out to FXCyborg. The light switch is on this week for me ... first time in a long time.
  • #937
  • Feb 8, 2019 2:51am Feb 8, 2019 2:51am
Quoting garados
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}
Reread the first post where he started
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #938
  • Feb 8, 2019 2:59am Feb 8, 2019 2:59am
light outage today, right in metro sydney. on the bench tonight.
  • #939
  • Feb 8, 2019 3:02am Feb 8, 2019 3:02am
FXCyborg, thank you again, for this nice threat! You are a really generous person! Its a shame for all the people how come here and just have critics. For everyone here, who is still not fully convinced, that this is the real deal I want to say: Please, donīt expect that you will right from the beginning on have only winning trades. I had with my first 10 trades so far maybe 6 losers and 4 winners. BUT! I see everytime, that it was my fold. Because either I didnīt trade with the trend, or I didnīt saw the setup correctly or I took the trade too late..... There are so much details... And just with patience we can come to the target.

Also I have one quesiton:

What is, when I see 2 stups behind each other? Like in the picture below. Could I now take the second entry as well? Or is it better to not trade the second setup because the market already moved because of the first setup?

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 197 KB


PS: Iīm with my demo account at the moment 7% up (even when I had more loosers than winners, but the money management you recommetn is great!). Thank you FXCyborg!
  • #940
  • Feb 8, 2019 3:19am Feb 8, 2019 3:19am
Quoting reinis92
{quote} Hello! 1) Each of your candles are only 1 pip. I believe they should be a little bit larger and that might be the problem. 2) This method doesn't always succeed. 3) Please check the pair on M5 TF. I believe that it might be a stronger signal. However, it's not a perfect setup, but it is still holding. - For profit area, please zoom out, it was hard to see the setup when zoomed out. - For SL +5 pips above the highest shadow of the setup. {image}
Hi, Thanks for your submission.

Unfortunately your setup has a gap, thus making it invalid, so the mindset now is to completely fill these gaps... kindly see below the notes I have made.

This is one way to determine overall intention of where price will go.. I have done a real time snapshot of this pair in question. There's another Gap, watch it get filled

ATB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 119 KB
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