High Level Accuracy Method With Little To NO Draw-down

Quoting daywalker654

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{quote} Not in a mood to argue (due to some sleep deficiency) but this is what I see Anyway, I'll take my set up when I come back from work (3 hours after market open) on real account, you can take yours. "Anything can happen" (Trading in the zone) {image}

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Quoting FXCyborg

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Here's NZDUSD H4 - lots of opportunities here - as price moves we will need to take another look and re-evaluate - just because I have drawn this out - I will not go in blindly as there are too many buy and sell confluence levels - So I will wait for price to develop one way or the other and take another look then smack this out of the park. ATB {image}

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Quoting pipsquick16

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{quote} No one is arguing with you Daywalker at least I am not, but if you think that your so called down trend is over and you are a Buyer, then go for it. My observation was that it was still a down trend. I have attached a chart to show you what I see and why I said its still a down trend. I am not sure if you use simple trend lines or not, but I usually just look at the chart visually speaking to see the trend on the bigger time frames. {image}

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Quoting mdavem

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{quote} Hi Freefox: I hope you are allowed to post the indicator here. If not please give a heads up as to where it can be found. With a click I found your TZ stuff. Seems very cool. Plan to forward watch it this next week since the back look looks good. Now have charts that look like grandma's quilt on acid. <G> Thanks

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Quoting Freefox

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I will make it available to all that want it as soon as I have completed testing it (but to not block up this thread I will make it available in a new thread so can keep discussions specifically to do with the indicator away from the main thread, and not distract from discussions about the trading approach here). So watch out for the thread when I start it, if you are interested in getting the download. You can subscribe to a user in FF to get alerts about that.

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Quoting Abzozo1

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Dear Traders Can someone tell me why this setup ( short setup, indicated with a tick sign), didnt work? I'm still new with this system and welcome feedback from experienced traders. Thank you. {image}

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Quoting Abzozo1

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So Merka, the setup was valid. I dont mind loses that much, wanted to see if I'm getting the strategy right. Thanks.

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Quoting Abzozo1

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Dear Traders Can someone tell me why this setup ( short setup, indicated with a tick sign), didnt work? I'm still new with this system and welcome feedback from experienced traders. Thank you. {image}

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Quoting Siame

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Something to watch out for on the EURGBP {image}

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Quoting okshop

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{quote} well from what i see it work to be a great trade GL {image} {image}

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Quoting okshop

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{quote} well from what i see it work to be a great trade GL {image} {image}

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Quoting Abzozo1

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Dear Traders Can someone tell me why this setup ( short setup, indicated with a tick sign), didnt work? I'm still new with this system and welcome feedback from experienced traders. Thank you. {image}

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Quoting okshop

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{quote} well from what i see it work to be a great trade GL {image} {image}

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Quoting pipsquick16

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{quote} This is another sell opportunity on the same H4 trade that you posted but taken off of the M15, with a 10 pip better entry. I am not really a big fan of the M1 for these set ups, but its up to the individual trader what time frames they prefer to use. {image}

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Quote

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1) locate the accumulation zone.
2) find the set up within the zone
3) wait for price to pull away from that zone
4) wait for it to come back and execute at the Entry line
5) make sure your breach line is NOT the SL, SL goes above it for sells, below it for buys
6) TP's are your structure lows or highs at the close/open
7) if you are working of higher time frames, do #2 above. Then go down a time frame and find the setup within the setup you found on the higher time frame - keep doing this until your DD is low as possible. then wait for market...