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Attachments: High Level Accuracy Method With Little To NO Draw-down
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High Level Accuracy Method With Little To NO Draw-down

Hi,

Here's a review of trades I did over four sessions

Session 1

10 pending orders placed
2 wins, 3 losses, 5 pending (deleted)
Net 80 pips
Risk to reward 1:4 and 1:5

Session 2

9 pending orders placed
4 wins, 1 loss, 4 pending (deleted)
Net 114 pips
Risk to reward 1:3

Session 3

6 pending orders placed
3 wins, 2 losses, 1 pending (deleted)
Net 152.4 pips.
Note: One trade did 90 pips on a 1:2 so lower lots

Session 4

9 orders placed
5 wins, 1 loss, 3 pending (deleted)
Net 407.6 pips
Note: DOW trade left to run, three trades at 1:3 one trade at 1:4

Comments:

Total pips 754
Start looking for trades after London open
I spend an hour placing trades then close computer down and do something else
Check trades the next day

Clarification:

The sessions above were all this past week looking for trades after the London open
754 pips is exceptional, I had two trades on the US30 (DOW).
When the DOW gets a direction, it can run hundreds of points in a matter of hours
The two DOW trades were taken off the M15, targets were set off the H4
The balance of trades were currency pairs on various time frames
I usually place from 5 to 12 pending orders a session, all trades are "set and Forget"
Some things to consider, positive expectancy, risk to reward and it's a numbers game

Example:

I'll share a screen shot for what it's worth, GBP/CAD on M5 risk to reward is 1:4 (set and forget)

Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad M5.PNG Size: 35 KB



All the best

D...
Quoting Dane
Hi, Here's a review of trades I did over four sessions Session 1 10 pending orders placed 2 wins, 3 losses, 5 pending (deleted) Net 80 pips Risk to reward 1:4 and 1:5 Session 2 9 pending orders placed 4 wins, 1 loss, 4 pending (deleted) Net 114 pips Risk to reward 1:3 Session 3 6 pending orders placed 3 wins, 2 losses, 1 pending (deleted) Net 152.4 pips. Note: One trade did 90 pips on a 1:2 so lower lots Session 4 9 orders placed 5 wins, 1 loss, 3 pending (deleted) Net 407.6 pips Note: DOW trade left to run, three trades at 1:3 one trade at 1:4...
Dane. That's brilliant result, and very very encouraging for other traders, on this forum.

Could you show a couple of those trades charts, plz, to see what tf......
Thanks
Quoting Dane
Hi, Here's a review of trades I did over four sessions Session 1 10 pending orders placed 2 wins, 3 losses, 5 pending (deleted) Net 80 pips Risk to reward 1:4 and 1:5 Session 2 9 pending orders placed 4 wins, 1 loss, 4 pending (deleted) Net 114 pips Risk to reward 1:3 Session 3 6 pending orders placed 3 wins, 2 losses, 1 pending (deleted) Net 152.4 pips. Note: One trade did 90 pips on a 1:2 so lower lots Session 4 9 orders placed 5 wins, 1 loss, 3 pending (deleted) Net 407.6 pips Note: DOW trade left to run, three trades at 1:3 one trade at 1:4...
Very good performance and they are all set&forget.
Keep it up
Hello Fellow Traders,

Using this method on a higher time frame, such as the H4 or daily, whats a reasonable time for a revisit of the level where we either sell or buy?

Thank you.
Quoting Dane
Hi, Here's a review of trades I did over four sessions Session 1 10 pending orders placed 2 wins, 3 losses, 5 pending (deleted) Net 80 pips Risk to reward 1:4 and 1:5 Session 2 9 pending orders placed 4 wins, 1 loss, 4 pending (deleted) Net 114 pips Risk to reward 1:3 Session 3 6 pending orders placed 3 wins, 2 losses, 1 pending (deleted) Net 152.4 pips. Note: One trade did 90 pips on a 1:2 so lower lots Session 4 9 orders placed 5 wins, 1 loss, 3 pending (deleted) Net 407.6 pips Note: DOW trade left to run, three trades at 1:3 one trade at 1:4...
Hello Dane, wooow these are awesome trades you made. Good job. What time frame are you making your trades?

I have made a couple of trades not yet made any positive ones yet, because I had wrong set up and others were against the trend. I believe I am still getting a hang of the system. I will keep posting my charts hoping to get good results this coming week
Quoting Dane
Hi, Here's a review of trades I did over four sessions Session 1 10 pending orders placed 2 wins, 3 losses, 5 pending (deleted) Net 80 pips Risk to reward 1:4 and 1:5 Session 2 9 pending orders placed 4 wins, 1 loss, 4 pending (deleted) Net 114 pips Risk to reward 1:3 Session 3 6 pending orders placed 3 wins, 2 losses, 1 pending (deleted) Net 152.4 pips. Note: One trade did 90 pips on a 1:2 so lower lots Session 4 9 orders placed 5 wins, 1 loss, 3 pending (deleted) Net 407.6 pips Note: DOW trade left to run, three trades at 1:3 one trade at 1:4...
Edit: After writing this I saw you trade indices which explains the large pip count
Those are great results but are they pips and not points?? (ie 1/10 of a pip) For example on the final day you had 5 wins and 1 loss for a net 407 pips.
That's 80-90 pips per successful trade! - you don't get that on the lower timeframes of the major currency crosses on one day if you are looking for the next structural level with your TP. More likely 20-30 pips. WHat do you trade? and what timeframes?
Just a question for clarification, I'm not doubting your success
Green is the colour
Hey hi,

Hope its not too late for us newbies pliz this all sounds and looks different from the rest could you look at this one for me Thanks
Quoting Dane
Hi, Here's a review of trades I did over four sessions Session 1 10 pending orders placed 2 wins, 3 losses, 5 pending (deleted) Net 80 pips Risk to reward 1:4 and 1:5 Session 2 9 pending orders placed 4 wins, 1 loss, 4 pending (deleted) Net 114 pips Risk to reward 1:3 Session 3 6 pending orders placed 3 wins, 2 losses, 1 pending (deleted) Net 152.4 pips. Note: One trade did 90 pips on a 1:2 so lower lots Session 4 9 orders placed 5 wins, 1 loss, 3 pending (deleted) Net 407.6 pips Note: DOW trade left to run, three trades at 1:3 one trade at 1:4...
Thanks for sharing Dane! COngrats on the great trades. Question for you. what time frame are you focusing on? Do you trade certain pairs? Thanks!
Believe and Achieve!
Quoting Dane
Hi, Here's a review of trades I did over four sessions Session 1 10 pending orders placed 2 wins, 3 losses, 5 pending (deleted) Net 80 pips Risk to reward 1:4 and 1:5 Session 2 9 pending orders placed 4 wins, 1 loss, 4 pending (deleted) Net 114 pips Risk to reward 1:3 Session 3 6 pending orders placed 3 wins, 2 losses, 1 pending (deleted) Net 152.4 pips. Note: One trade did 90 pips on a 1:2 so lower lots Session 4 9 orders placed 5 wins, 1 loss, 3 pending (deleted) Net 407.6 pips Note: DOW trade left to run, three trades at 1:3 one trade at 1:4...
Exceptional Results Dane...

When you say 4 Sessions, is it the same day? or did you mean London Session over 4 days?

Were you taking trades that are in sync with the trend or also counter trend trades?


Thanks
Quoting Dane
Hi, Here's a review of trades I did over four sessions Session 1 10 pending orders placed 2 wins, 3 losses, 5 pending (deleted) Net 80 pips Risk to reward 1:4 and 1:5 Session 2 9 pending orders placed 4 wins, 1 loss, 4 pending (deleted) Net 114 pips Risk to reward 1:3 Session 3 6 pending orders placed 3 wins, 2 losses, 1 pending (deleted) Net 152.4 pips. Note: One trade did 90 pips on a 1:2 so lower lots Session 4 9 orders placed 5 wins, 1 loss, 3 pending (deleted) Net 407.6 pips Note: DOW trade left to run, three trades at 1:3 one trade at 1:4...
thanks for sharing details but feel it less facts. you did nt mentioned same sessions or wat? you did nt mentioned pairs name? as well as if you put your closed trades then your answer will be worth to us. pls open your mt4 and go to your closed trade history then click and drag your closed trade on to chart area. then we can see clearly your entry and exit.. it helps to people here.


more green pips mate!!!
Hi,
Thankk you FXCyborg for starting such a wonderful thread .Just found these thread to day then i start review EURUSD last week WOW ,.
Thank you again and really its opened my eyes and am sure will help me a lot from now on .

Quoting Monty13
{quote} Dane. That's brilliant result, and very very encouraging for other traders, on this forum. Could you show a couple of those trades charts, plz, to see what tf...... Thanks
Monty,

Thanks...

Encouraging is what a forum "should" be about, have edited my post and included screen shot of a trade with some extra details.

All the best

D...
Quoting Merka
{quote} Very good performance and they are all set&forget. Keep it up
Merka,

Cheers, all the best

D...
Quoting Cossy
{quote} Hello Dane, wooow these are awesome trades you made. Good job. What time frame are you making your trades? I have made a couple of trades not yet made any positive ones yet, because I had wrong set up and others were against the trend. I believe I am still getting a hang of the system. I will keep posting my charts hoping to get good results this coming week
Cossy,

Thanks...

I start from H4 and work my way down to the M1 with trades taken on all those time frames.

SL, TP and R:R (Minimum 1:2) have to be adjusted accordingly to suit the instrument your trading.

All the best

D...
Quoting galactico
{quote} Edit: After writing this I saw you trade indices which explains the large pip count Those are great results but are they pips and not points?? (ie 1/10 of a pip) For example on the final day you had 5 wins and 1 loss for a net 407 pips. That's 80-90 pips per successful trade! - you don't get that on the lower timeframes of the major currency crosses on one day if you are looking for the next structural level with your TP. More likely 20-30 pips. WHat do you trade? and what timeframes? Just a question for clarification, I'm not doubting your...
Galactico,

Thanks...

My platform shows pips whether it be currencies, indices etc, I wouldn't sweat the small stuff, it won't make any difference pulling the trigger!

Averaging out my trades doesn't makes sense, you're making assumptions while being too simplistic.

My targets are set based on the instrument I'm trading, time frame, price structure, they all trade differently.

Note, I'm keeping the focus on the ideas FXC has proposed here, with that said I apply a range of ideas to trade that are beyond the scope of this thread.

All the best

D...
Quoting Pair-me-up
Someone asked me to read through this thread made by Chris a.k.a FXCyborg or Mr. X I think that it is great that he wants to help the community of newbies. I haven't been trading for 3 decades like Chris. However, I will say that there is a lot of information that needs to be absorbed in a very smooth step by step process. I do feel that this thread is a bit advanced for a complete newbie with limited time, chart reading. Aside from Babypips.com Some good threads that can help bare bones newbies really appreciate this thread made by Chris -->FXCyborg...
thank you very much for your post. it will be an eye opener for some traders who has been struggling with price behavior in harmonic zones and what FXCyborg shared with us is simply great .
Quoting sirwolf
{quote} Thanks for sharing Dane! COngrats on the great trades. Question for you. what time frame are you focusing on? Do you trade certain pairs? Thanks!
Sirwolf,

Thanks...

I start looking at H4 down to M1, I trade major, minor and cross currency pairs as well as the indices in particular the GER30, US30

All the best

D...
Quoting aaven
{quote} Exceptional Results Dane... When you say 4 Sessions, is it the same day? or did you mean London Session over 4 days? Were you taking trades that are in sync with the trend or also counter trend trades? Thanks

Aaven.

Thanks...

I watch the session that starts with the London open.

This week I traded four sessions, I place set and forget trades over an hour or two dependent on what is happening with the markets

The trades I took are all in line with FXC's ideas including trading with the trend

All the best

D...
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