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High Level Accuracy Method With Little To NO Draw-down

  • #1,201
  • Feb 11, 2019 4:48am Feb 11, 2019 4:48am
Hello Fellow Traders

I guess this ( marked with check sign) setup is invalid, as there is no accumulation, coming from what looks like a down trend?

Kind Regards

Abzozo1
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  • #1,202
  • Feb 11, 2019 4:49am Feb 11, 2019 4:49am
Quoting thamira83
New live set-up in EUR/USD 1hrs {image}
I have a 1min level marked up there, although its, well lets just say its not really up to spec, but it looks interesting....I'll also want to see how we get back up there, and reserve the right to find something better
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Look Sharp/Trade Tight
  • #1,203
  • Feb 11, 2019 4:51am Feb 11, 2019 4:51am
Quoting badeel
loaded {image}
Hi Badeel

Now this is a trade I am in as well, not just because of the 3 Bar setup. That massive accumulation zone up at 1.0526 will suck up this price tomorrow without any doubt. Having the 3 bar setup is just a bonus.
I also believe we have our Structural Low in place so I am on the lookout for further Buy Limit Orders when I see a opportunity.
Trading thin liquidity at the boundary of the charts
  • #1,204
  • Feb 11, 2019 4:52am Feb 11, 2019 4:52am
I did take this kiwi trade off a some what less than stellar 1min, but I did like the look of the hourly, covered against last weeks close...
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Look Sharp/Trade Tight
  • #1,205
  • Feb 11, 2019 5:05am Feb 11, 2019 5:05am
Quoting Freefox
Testing out my indicator that I mentioned yesterday https://www.forexfactory.com/showthread.php?p=11984065#post11984065 Red arrow shows the 3 bar pattern and engulfing bar. LIVE TRADE: Took the trade and already well on its where to TP at recent structural low. (see image) Risk to reward ratio is 3.5 to 1. Nice {image}
I think this would be amazing to have access to. Not ever setup is going to be right but at least you have a way to help you identify the 3 pattern. This will help reduce screen time.
  • #1,206
  • Feb 11, 2019 5:23am Feb 11, 2019 5:23am
GBPNZD M1

One more try, how about this?
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  • #1,207
  • Feb 11, 2019 5:29am Feb 11, 2019 5:29am
Quoting okshop
{quote} bad , stop out {image}
1 more try GU
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Self discipline It is a practice
  • #1,208
  • Feb 11, 2019 5:30am Feb 11, 2019 5:30am
Quoting Freefox
Testing out my indicator that I mentioned yesterday https://www.forexfactory.com/showthread.php?p=11984065#post11984065 Red arrow shows the 3 bar pattern and engulfing bar. LIVE TRADE: Took the trade and already well on its where to TP at recent structural low. (see image) Risk to reward ratio is 3.5 to 1. Nice {image}
Yes Freefox, it seems your indicator pins the right set up.
Off course one would need to apply discretion based on rules laid out by FXC.
Does it give a pop up alert of the set up and where it formed (TF & Pair)?
This would ease the work of going through all the pairs and time frames.

Keep up the good work
  • #1,209
  • Feb 11, 2019 5:58am Feb 11, 2019 5:58am
Quoting MrGreen95
XAUUSD: a not perfect setup on m30 and a few on m15, for a short. In this case, i think that the size of the candles are not very important, IMHO. It is evident that the gold now it is under an important supply zone H4: {image}
(H4) Oh well, i hope you traded it...

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M30:


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  • #1,210
  • Feb 11, 2019 6:01am Feb 11, 2019 6:01am
Quoting Freefox
Hi All, I have written an indicator that I am currently testing that plots up/down arrows when it identifies the 3-bar patterns that FXCyborg has identified we trade off. For all the 6 trades that FXC showed in his opening post it captures all 6 of the setup bars . See all the images below showing the setup bars FXC traded off in the initial example trades he provided. 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...
Good job mate!!!!
  • #1,212
  • Feb 11, 2019 6:11am Feb 11, 2019 6:11am
First trade of the weak GBR/JPY 1M. Explanation on chart
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  • #1,213
  • Feb 11, 2019 6:14am Feb 11, 2019 6:14am
Quoting PayTheLimit
{quote} I have a 1min level marked up there, although its, well lets just say its not really up to spec, but it looks interesting....I'll also want to see how we get back up there, and reserve the right to find something better {image}
Hi PayTheLimit

On that "all most to spec " setup, it never had a chance. It was placed within a Liquidity zone of a monthly close. Its a kind of BLACK HOLE on a chart and the easiest money is always to trade head first into this Zone. It was created by the October 2018 Monthly Close.
Keep setups away from this area and we have a chance.
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Trading thin liquidity at the boundary of the charts
  • #1,214
  • Feb 11, 2019 6:18am Feb 11, 2019 6:18am
Quoting RickM
{quote} Hi PayTheLimit On that "all most to spec " setup, it never had a chance. It was placed within a Liquidity zone of a monthly close. Its a kind of BLACK HOLE on a chart and the easiest money is always to trade head first into this Zone. It was created by the October 2018 Monthly Close. Keep setups away from this area and we have a chance. {image}

Hi, could you kindly explain it further pls? So you think that we should keep an eye on all monthly closes?
  • #1,215
  • Feb 11, 2019 6:38am Feb 11, 2019 6:38am
Quoting pipsquick16
{quote} Thats a very loaded question my friend, read the whole thread first then you will have a better understanding on how this simple logic works.
I think this not fxcyborg original strategy, maybe this is only a second stratetegy what he is is using ...but i m sure this is not his main strategy.
  • #1,216
  • Feb 11, 2019 6:47am Feb 11, 2019 6:47am
Quoting MrGreen95
{quote} Hi, could you kindly explain it further pls? So you think that we should keep an eye on all monthly closes?
This will blow you away.
Create a Monthly Line chart and place a line at every close of a monthly candle in the last 5 years. Switch it back to H4 and notice a large percentage of H4 candles will be large when they cross this line. Check out EURUSD today.

So Why does the market push the price so strongly through a previous monthly close ?
The answer is close to why the 3 Bar Candle setups work but on a bigger scale.
-----------------------Massive Accumulation Zone --------------------

That means as I post this Chart, I am BUYING back head first into the October 2018 Close Candle.
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Trading thin liquidity at the boundary of the charts
  • #1,217
  • Feb 11, 2019 6:52am Feb 11, 2019 6:52am
Quoting RickM
{quote} This will blow you away. Create a Monthly Line chart and place a line at every close of a monthly candle in the last 5 years. Switch it back to H4 and notice a large percentage of H4 candles will be large when they cross this line. Check out EURUSD today. So Why does the market push the price so strongly through a previous monthly close ? The answer is close to why the 3 Bar Candle setups work but on a bigger scale. -----------------------Massive Accumulation Zone -------------------- That means as I post this Chart, I am BUYING back head...

Great. So, basically, these are zones where there is a lot of liquidity/orders/.. where big guys put a lot of money

Why don't you open a thread based on it?
  • #1,218
  • Feb 11, 2019 6:53am Feb 11, 2019 6:53am
USDCAD 1h trade

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Accumulation zone is the black triangle. Moved away and came back to the area where the set up occurred. It went a little deeper which is where I entered. 3tp's taken with 1 TP from off screen a bit further back.
  • #1,219
  • Feb 11, 2019 6:55am Feb 11, 2019 6:55am
Quoting RickM
{quote} This will blow you away. Create a Monthly Line chart and place a line at every close of a monthly candle in the last 5 years. Switch it back to H4 and notice a large percentage of H4 candles will be large when they cross this line. Check out EURUSD today. So Why does the market push the price so strongly through a previous monthly close ? The answer is close to why the 3 Bar Candle setups work but on a bigger scale. -----------------------Massive Accumulation Zone -------------------- That means as I post this Chart, I am BUYING back head...

How do you trade it..? Sometimes price go through it, then come back.. other times goes straight up
  • #1,220
  • Feb 11, 2019 6:56am Feb 11, 2019 6:56am
Quoting RickM
{quote} This will blow you away. Create a Monthly Line chart and place a line at every close of a monthly candle in the last 5 years. Switch it back to H4 and notice a large percentage of H4 candles will be large when they cross this line. Check out EURUSD today. So Why does the market push the price so strongly through a previous monthly close ? The answer is close to why the 3 Bar Candle setups work but on a bigger scale. -----------------------Massive Accumulation Zone -------------------- That means as I post this Chart, I am BUYING back head...
Sorry RickM that doesn't mean anything! Try this.. on a monthly chart throw on twelve random lines, drop down to an H4 and hey presto you've got a load of support and resistance lines all done randomly! Sorry but monthly closes don't mean a light..............
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