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High Level Accuracy Method With Little To NO Draw-down

  • #1,281
  • Feb 11, 2019 3:22pm Feb 11, 2019 3:22pm
Quoting IlGiggi
Thank u Cyborg for sharing this, btw I'm starting now(I hope) to understand the system. Is this a correct setup? {image}
You obviously have not read all the posts on this thread, yes thats right there is 64 pages of them. We cant see what pair that is, or the prices or times and dates or the 3 bar set up. Please read this thread and make sure you post the whole chart in your screen shot, and keep trying.
  • #1,282
  • Feb 11, 2019 3:30pm Feb 11, 2019 3:30pm
Thank you for your insights! When looking at your setup, I have a few questions:
- The engulfing pattern doesn’t have to be within accumulation zone? In your case it’s formed above that zone.
- You are waiting for the price to re-visit the sell level to open a position?

Quoting pipsquick16
{quote} Please post screen shots with the whole chart so i can see the times and date at the bottom. Because my broker is different and I cant see the time, I cannot match your candles. Your set up seems good, but go back 7 candles and that would have been a little bit better set up in my opinion, and just keep practicing and you will become an expert. Take a look at my M1 Sell trade and see what you think about my set up. {image}
  • #1,283
  • Feb 11, 2019 3:33pm Feb 11, 2019 3:33pm
Quoting AkronD
Accumulation - yes Setup - yes (including engulfing) Higher TF at the time were showing a down push {image} Result: 1:3 Feedback welcome
Its a good set up except the USDCAD is in an up trend on D1, H4 & H1, and you are selling. For me I would want the H1 to show me th trend if I am trading off of the M5, if I was trading off of the H1 then I would check the daily for trend. Just keep trying and practice and you will succeed.
  • #1,284
  • Feb 11, 2019 3:38pm Feb 11, 2019 3:38pm
taked it on demo
Attached Image (click to enlarge)
Click to Enlarge Name: uc.PNG Size: 31 KB
  • #1,286
  • Feb 11, 2019 3:42pm Feb 11, 2019 3:42pm
Quoting dominus
Thank you for your insights! When looking at your setup, I have a few questions: - The engulfing pattern doesn’t have to be within accumulation zone? In your case it’s formed above that zone. - You are waiting for the price to re-visit the sell level to open a position? {quote}
From what I know you want a break out out of the accumulation zone, which is what we got here. Its a good question which FX Cyborg would have to confer on. I took the Sell on the touch back on candle #4 where my Sell line is.
  • #1,287
  • Feb 11, 2019 3:48pm Feb 11, 2019 3:48pm
Quoting fastlanecat
Todays trade. Setup in GBPCHF 15, entry after my confirmation. Keep it simple guys. If you can not see the simplicity and power of the information in front of your eyes, obviously you will start looking for tweaks. Thanks @FXCyborg {image}
That is a picture perfect set up man, nice work and an easy 50 pips.
  • #1,289
  • Edited 5:00pm Feb 11, 2019 4:21pm | Edited 5:00pm
Many thanks Creator for these thread, it pretty similar to using the SweetSpot fib on ICT OTE and very cool.
For those having issues with which way to go....put in EMA 200 for trend direction.
For those looking for possible accumulation fix in ur Assian box.
For those looking for the set up...dig out what Vector moves means by BTMM, u will mostly find the 2+1 setup at that high/low....mostly yesterday seasonal high/low, or current Asian high/ low....Gone through over 50 charts over and over again.....This is pretty nice.

Real deal.
  • #1,290
  • Feb 11, 2019 4:43pm Feb 11, 2019 4:43pm
Gold Daily Chart - Sell Setup

Attached Image (click to enlarge)
Click to Enlarge Name: GOLD-Daily-Sell-Setup.jpg Size: 113 KB
  • #1,291
  • Feb 11, 2019 4:52pm Feb 11, 2019 4:52pm
Quoting pipsquick16
{quote} That is a picture perfect set up man, nice work and an easy 50 pips.
OK...this is a great example of what I am struggling with. Fast's chart at the time of the trade shows (correct me if I'm wrong) an up trend. The setup is for a short trade. But the setup is A-OK. Why? I'm seeing lots of examples like this as well as lots of examples of setups WITH the trend. Any insight here would be appreciated. Also, (more clarification please) once you have a valid setup, price MUST wander back to the edge of the box, THEN we enter, right? Thanks!
  • #1,292
  • Feb 11, 2019 4:53pm Feb 11, 2019 4:53pm
Thought I would share my thoughts & views on what FX Cyborg has shared. This is a very simple method if you FOLLOW THE RULES. One kind Traders has even coded an indicator to show you the patterns. The rules are simple. Look for ACCUMALATION., then look for the patterns when PRICE defines its direction from the accumulation. Also I look for LEVELS where PRICE move away from quickly. I call these LEVELS PRESSURE POINTS. Just a term I came of with. Nothing special at all. All new traders should be thankful for FX Cyborg & his willingness to share. He has taught you how to FISH, now go & fish for those PIPS. Just my views & nothing more.
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  • #1,293
  • Feb 11, 2019 5:06pm Feb 11, 2019 5:06pm
Quoting tictac-nur
Gold Daily Chart - Sell Setup {image}
Its a perfect Sell set up, except your selling in a major up trend on GC. If you really wanted to take the risk and sell, go to the H4 and you will see a 3 bar set up for a sell at 1322.40.
  • #1,294
  • Feb 11, 2019 5:12pm Feb 11, 2019 5:12pm
Quoting AprilsGiant
{quote} OK...this is a great example of what I am struggling with. Fast's chart at the time of the trade shows (correct me if I'm wrong) an up trend. The setup is for a short trade. But the setup is A-OK. Why? I'm seeing lots of examples like this as well as lots of examples of setups WITH the trend. Any insight here would be appreciated. Also, (more clarification please) once you have a valid setup, price MUST wander back to the edge of the box, THEN we enter, right? Thanks!
From what i can see on H1 we are in a down trend, so his sell was a great set up. If I trade the M15 I look to H1 for trend, if I trade H4 I look to D1 for trend, I hope that helps.
  • #1,295
  • Feb 11, 2019 6:17pm Feb 11, 2019 6:17pm
Quoting pipsquick16
{quote} From what i can see on H1 we are in a down trend, so his sell was a great set up. If I trade the M15 I look to H1 for trend, if I trade H4 I look to D1 for trend, I hope that helps.

Would be interesting to know what FXcyborg thinks about it
  • #1,297
  • Edited 9:21pm Feb 11, 2019 8:46pm | Edited 9:21pm
FXCyborg you said we shouldn't do partial TP closes because we should be able to read the price action and know where price will go.

This looks like the USDJPY tp, 12-27-2018, 8 hr tf, 00:00, 111.367 Hi. But it is so far away in time from the recent high 2-12-2019, 15 min tf, 2:45 Hi 110.542. And 82.5 pips away in price.

Can you explain further how to read price action and know where the price will go?

See charts which have been labeled as you requested.

Also
FXCyborg what software do you use to draw the comments and cool graphics on your charts?.
I wanted to label the setup on the chart but paint does not have a nice easy to draw arrows from bubbles.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPY_15min_20190211_1800_Lo_02.jpg Size: 1.9 MB
Click to Enlarge Name: USDJPY_8Hour_20190211_1800_Lo_02.jpg Size: 1.7 MB
  • #1,298
  • Edited 9:36pm Feb 11, 2019 9:03pm | Edited 9:36pm
Quoting tictac-nur
Gold Daily Chart - Sell Setup {image}
520 pip stop...... be careful with Gold daily. i've experienced 200 pip moves on 1 minute charts.

PS: Trend- Monthly up - Daily up = Risk up (If we are going according to the threads rules).

On top of all this, no accumulation no take off then retest.
  • #1,299
  • Feb 11, 2019 9:45pm Feb 11, 2019 9:45pm
Is this a valid setup? USDCAD M30
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-02-12-09-42-15.png Size: 106 KB
  • #1,300
  • Feb 11, 2019 10:00pm Feb 11, 2019 10:00pm
All of you are so busy polishing your own egos, you did not even realise FXCyborg is gone for 4 days already.
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