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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

Quoting aaven
{quote} Yes Master FXCyborg... How many cycles of pattern within pattern should one must apply? Example: Case 1: If we are trading 4HR Charts, we switch to hourly and if we find the same pattern on hourly, we trade{of course-fine tuning by still going down to 15 Min etc..} Case 2: If we are trading 4HR Charts, we switch to hourly and if find the same pattern on hourly, now switch to 15 Min TF, if on 15 Min TF we do not find the pattern, do we scrap the trade? Is it case 1 or case 2? Thanks
you're over thinking it mate - stop it LOL

"find the setup within the setup"
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
Quoting FXCyborg
{quote} you're over thinking it mate - stop it LOL "find the setup within the setup"



Master FxCyborg,

What would be your advice be with regarding to high impact news events?

Do you step aside when high impact news is scheduled and wait for the release or should one execute the trades as per the plan/price levels without any regard for the news?

Thanks
Quoting FXCyborg
Greetings Ladies & Gents, I've been trading for almost 30 years. I'm going to show you some stuff that's going to blow your mind away... but first... Let's get some stuff about me out of the way... It's been a fun, and a scary journey Trading Currencies. Google never existed 30 years ago. I had the pleasure to use AOL and Yahoo! Search engine, all from a 56Kbps modem. So you could imagine finding resources to learn from was scarce (minimal) at its best. All I had to learn from was OLD Stock Trading images and reverse engineer the Technical Analysis...

Can you show us a screenshot of your trading history? I'm not comfortable with a man popping out of nowhere, and try to mislead many with a spurious claim.
Quoting 90d0ff0r3x
{quote} Can you show us a screenshot of your trading history? I'm not comfortable with a man popping out of nowhere, and try to mislead many with a spurious claim.
LOL, that's your problem mate, not mine... Do the exercises or don't.

And I never popped out of nowhere, you popped out of nowhere joining in Nov 2018 with just 4 posts.

SMH
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
Quoting aaven
{quote} Master FxCyborg, What would be your advice be with regarding to high impact news events? Do you step aside when high impact news is scheduled and wait for the release or should one execute the trades as per the plan/price levels without any regard for the news? Thanks
Keep things on topic please - I have politely asked many times now.. this is NOT a fundamental thread.

Do the exercises as mentioned - STOP OVER COMPLICATING this with irreverent questions.

I'm going to start ignoring these posts soon - im sorry, they take up too much time.

Follow the image examples, or don't... im fine with either.

If you need the answer, go back to my posts that says why it works in any environment, and more importantly, try it out and find out yourself. saves me having to say the same thing 1000000 times.

Thx

ATB
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
Quoting FXCyborg
{quote} here's your sell {image}
That's amazing FXC!

I have been extensively backtesting your strategies and amazed at just how it clicks so well.

Just wanna add something that really made this confusing for me at the start and how actually re-reading your initial thread helped me overcome this.

The biggest problem I was facing was identifying the trend. Do I use EMA,SMA, HH HL LH LL? I tried all with limited success. It was giving success but not as good as it could potentially be.

In the end, I figured that the true 'trend' is just the price action that follows the setups and learned that entering only on retest is very important to weed out the fake signals. For example, consider a raging market with multiple sell and buy setups that meets the ideal criteria. Take the buy or the sell setup? Let the price action that follows to determine your trade. If it pulls up, choose buy setup. If it pulls down, choose sell setup. Don't rely on the historical trend that can change anytime, just the latest 'trend' based on how the price behaved after the setups.

It is also important that the price moved away significantly(depends on your interpretation), before that signal is valid. Hence, now I can just jump to any timeframe and currency without looking at major TF trend and achieve success. The SL will only get hit when my setup was less than ideal(experimenting), when there is major news release, or when I don't adjust my TP based on the recent Structure high/low.

The image you posted above might confuse the newcomers here, who might think that they can enter right after the signal for M1. It should be allowed to move and come back for retest like you mentioned so many times here. In this case, it will never come to retest and that's ok. Just need to find another setup. For higher TF, say M30+, there are examples given that look like they entered right after the signal, but if drilled down to lower TF, the move away from setup will be very obvious. Just putting it out here for people who are struggling with identifying trend like I used to.

FXC, please correct me if I am wrong.

You just gave a new trader immense courage to trade with confidence! Cheers to that
I have to admit I am flummoxed at the AUDUSD question.

The GPBUSD example seemed straightforward: the set-up (blue box) was noticeably below the accumulation (green box).
I could infer a downtrend and therefore look for short set-up.

The NZDUSD example was a bit messy. Price went up, accumulated (green), then pushed down noticeably.
The set-up (blue) appeared alongside the green, I could infer a direction from amount price moved down.
I could guess a downtrend since the accumulation pushed it down, so look for short set-up.

The AUDUSD has accumulation (although not shown, its in same price-levels as blue).
Although price had moved UP to accumulation, its not obvious the price was pushed down enough to imply a down trend.
Blue same level as green.

Ideal set-ups where the blue (set-up) appears noticeably above or below green (accumulation)
Personally, I would be unsure, and would pass on the AUDSUD, since "not having a position is a position."
I suspect I am over-thinking this.
Quoting FXCyborg
{quote} Keep things on topic please - I have politely asked many times now.. this is NOT a fundamental thread. Do the exercises as mentioned - STOP OVER COMPLICATING this with irreverent questions. I'm going to start ignoring these posts soon - im sorry, they take up too much time. Follow the image examples, or don't... im fine with either. If you need the answer, go back to my posts that says why it works in any environment, and more importantly, try it out and find out yourself. saves me having to say the same thing 1000000 times. Thx ATB ...
My Apologizes Master FXCyborg... Will follow your lead...
Hello friends and fxcyborg look at the usdcad w1 have a good up trend. I will wait for opportunities in lower time frames based on the rules of the threat.
Tnx
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d big boyz$ , they dont make it so difficult on them self = they just go for a few pips Both ways - - - kisss
They know where to put their orders for d day and spent rest of day with family and sume Charity work !
They hardly waist their time on shitty forums[funded by dealers] = i know cuz my Real bro ist 1 of them doin just xu
__ sume others has d Real BankOrderFlow , plenty Fake ones floatin around on d net !
da n0o0b + $hit_Disturber
NJ m30 setup, trend was down bearish, changed to 15min and 5 min for entries. but the setup still failed.
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Quoting statallin
{quote} That's amazing FXC! I have been extensively backtesting your strategies and amazed at just how it clicks so well. Just wanna add something that really made this confusing for me at the start and how actually re-reading your initial thread helped me overcome this. The biggest problem I was facing was identifying the trend. Do I use EMA,SMA, HH HL LH LL? I tried all with limited success. It was giving success but not as good as it could potentially be. In the end, I figured that the true 'trend' is just the price action that follows the setups...

That is exactly where I was having difficulty...determining trend and whether or not it needed to move away or not...so I look forward to FXC's response to your post.

The only question I would add is how much of a move away from the setup is enough?

Thanks Statallin and FXC!
In response to your AUDUSD test, I would like to present the 1 min. chart set up within the 15 min set up.

Chris

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I would also entertain the idea of a reverse (slingshot) entry at the stop-out level with the same exit strategy and R:R setup.
Quoting BluesDelight
{quote} Hardly to see what this video has to do with this thread, and please know that promoting here your commercial youtube channel is impolite. Have some respect for the thread starter. Please.
Lol. Commercial YouTube channel.
You should check companies house.
The setup was there for all to see. The price came down.
I took profits. It was a demonstration of this methodology actually working. The only difference between my post and others is I did mine in real time and not after the fact.
All I do is press record on my trades when I take them.
Rather than screen shot the before and after. That way I can go back and see what I did well or wrong, how the market reacted in the trade. You should all do the same. After every trade. The job is not done until you review and improve.
Quoting CrocodileRex
NJ m30 setup, trend was down bearish, changed to 15min and 5 min for entries. but the setup still failed. {image} {image}
I don't know why many of you guys are focusing on finding "forced failed setups". I mean forced because here the trend is clearly up.
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Quoting NevFX
{quote} Lol. Commercial YouTube channel. You should check companies house. The setup was there for all to see. The price came down. I took profits. It was a demonstration of this methodology actually working. The only difference between my post and others is I did mine in real time and not after the fact. All I do is press record on my trades when I take them. Rather than screen shot the before and after. That way I can go back and see what I did well or wrong, how the market reacted in the trade. You should all do the same. After every trade. The...
I suppose that you didnt read ForexFactory policies - no promotions of any kind (you can still read it now), you are promoting website address and a "live trades channel" on YouTube. And as far as I see there wasn't proper setup, according to rrules, as this first candle was doji-like. To sum this all up - you are promoting here your commercial YT channel and website (commercial - dont you have money from views on your channel?) and I suppose you might show bad examples to unsuspecting viewers - because I suppose (again) that you dont know this system.

There is more - the thread starter asked many times throughout the thread to post only screens lookin like his, it helps him comment. Yet you posted a video (with possible wrong settup), so in case he managed to see it he will have less time to teach and comment here. So you are doing us a disservice. Respect him, his wishes and posters here, if you are not a master of this setup.
Quoting CrocodileRex
NJ m30 setup, trend was down bearish, changed to 15min and 5 min for entries. but the setup still failed. {image} {image}
Crocodile, on your 30 mins chart, the 2nd bullish candle just before the engulfing is way smaller tan the 1st bullish. The bearish engulfing barely engulfs a small bullish.
Also there is a very recent 5 touch support at the 75.245 level just prior to your entry, which itself is a bullish engulfing of the dogi. Enough reasons to stay out.


regards.
pamc
Quoting pamc
{quote} Crocodile, on your 30 mins chart, the 2nd bullish candle just before the engulfing is way smaller tan the 1st bullish. The bearish engulfing barely engulfs a small bullish. Also there is a very recent 5 touch support at the 75.245 level just prior to your entry, which itself is a bullish engulfing of the dogi. Enough reasons to stay out. regards. pamc
thanks for the comment. are we measuring the body of the candle or the total length of the candle now? FXC said at the first post it should be measured for the body of the candle but there is an example where he is measuring the candle length. So i am a little confused here.

the candle length for the setup is quite similar and not way smaller as in first bar has 7 pips and second bar has 6 pips so i think it fits the criteria?

You mentioned that the third bar only engulfs a little bit? So how big of an engulf needed here? It cannot engulf the first bar i know but that example really engulfed the second bar and not the first bar.
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