High Level Accuracy Method With Little To NO Draw-down

Quoting pipsquick16

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{quote} Did you short Gold here Hanif, because there was maybe 10-12 pips to be had ?? The only thing that I see is that the engulfing bar is way too big according to FX Cyborgs rules, and the very next up bar broke the highs of the 3 bar set up, so it looks to me that the bulls are not done here. I never make predictions I am simply calling it like I see it.

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Quoting pipsquick16

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{quote} If you are referring to my post at #972, that is a perfect example of an engulfing bearish bar. You need to go back to page #1 and read over the rules. When I started on this thread a few days ago the threat was at page 32, but I went through every single post on every page, pulled up my chart to compare each trade. I suggest you do the same as there is so many little pieces of the puzzle, you cannot cut any corners if you want to learn FX Cyborgs methods here by skipping posts.

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Quoting 2dollardog

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{image}

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Quoting FXCyborg

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{quote} drawing them in back to front mate, thats a buy, look to the left, thats the sell, and TP HIT

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Quoting okshop

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USDCAD (eg) {image} {image} {image}

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Quoting 2dollardog

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{image}

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Quoting RobinHood

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Using this method, I have had 14 winning trades in a row so far. Here's my advice... 1. Do everything just as FXCyborg says. You will make mistakes, but, you will "catch on" to his way if you LEARN the RULES and PRACTICE, using his rules. 2. ONLY practice learning this method on ONE pair. The EURUSD is by far my preference. 3. Create a 15 min chart, a 5 min chart, and a 1 min chart. Watch all 3 at the same time. 4. Use the 15 min chart to help you with direction. 5. Use the 1 min or 5 min charts to fine-tune entries. 6. Look for pockets of accumulation...

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Quoting FXCyborg

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Here's an image for those who are struggling to identify bullish and bearish engulfing patterns. With more side notes on banking levels using fibo's. {image}

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Quoting FXCyborg

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{quote} I can't remember now, the setup was probably found on the 5 minute. And we dont do buy setups in a down trend and vice versa.

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Quoting okshop

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USDCAD (eg) {image} {image} {image}

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Quoting pipsquick16

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{quote} I will let FX Cyborg answer this one, but I just wanted to say that we were in a sideways channel (a wide accumulation zone) until 9:30, and then 20 mins after the touch price broke down, which is what I understand about FX Cyborgs rules of engagement. In other words 6 hours should not be too long of a time period to wait for the trade, in my opinion unless I am proven wrong. Here is what I do, I look for the set up, mark in my H lines and put a pending Buy/Sell order, then sit on my hands and wait for price to hit my order. If it doesnt...

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Quoting okshop

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USDCAD (eg) {image} {image} {image}

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Quoting AprilsGiant

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{quote} Hi Pip, thanks for the reply. What you say makes sense but I think I would still be little nervous about taking a trade like this. With a long accumulation period, we know that Big Money is accumulating positions but don't know which way they are planning to take price. The shorter the time period before the re-touch to the setup box, it appears the better the chances that price will continue with the current trend. And I know there will be other setups that I like more so why bother with one that makes me nervous? But that's just me and...

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Quoting pipsquick16

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{quote} On your H1 chart I dont have an engulfing bar with Tickmill, but you do with your broker. This is a question that I have for FX Cyborg, and thats how much time is considered too long for price to come back on the H1 time frame ?? If you look at my screen shot its 22 hours before we get a touch, but not sure on what he means (time wise) when he says the move should happen fairly soon. There is 2 questions here: 1. Is this set up valid after 22 hours ?? 2. When price breaks the highs and comes back down after the set up takes place, is the...

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Quoting pipsquick16

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{quote} You are very welcome sir, take a look at my new post and you can see that 22 hours went by on this H1 USDCAD Sell, so thats the big question here whether thats too much time or not. If its an M1 chart then obviously 10 hours would be too long, but if its the H1 or H4 then its a different ball game altogether.

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Quoting pipsquick16

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{quote} You are very welcome sir, take a look at my new post and you can see that 22 hours went by on this H1 USDCAD Sell, so thats the big question here whether thats too much time or not. If its an M1 chart then obviously 10 hours would be too long, but if its the H1 or H4 then its a different ball game altogether.

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Quoting Dane

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Hi, Here's a trade I took on the US30 Dow Jones. Notes: I have been trading the US30 (DOW) and GER30 (DAX) for years, so I feel them These Indices can move hundreds of pips in a few hours Trend is down off major supply on higher time frames Accumulation prior to London open Three bar set up albeit subtle Wrap FXC entry rules around the set up Price moved away with certainty, set up pending orders Stop loss was just 6 pips above entry price ( A small price I'm willing to pay for outstanding R:R) TP was open, the indices run and we are in a down trend,...

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