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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 majrou666
{quote} Hi Geges, isn't it against the trend? I noticed the setup also but did not liked the second bull candle at at all so I left that one. I wish you get your profit though
you'd have to define trend
EURUSD has been making lower lows since the start of the year
Idea trade that I took today.

If you were to look at this, there is clear accumulation at the left hand side. Setup appeared at the end of accumulation. Waited for the price to pull down. The sell setup would have been invalided otherwise (ie price moved up). Placed the pending order only after seeing that the price pulled down to a good level (subjective thing).

Price came back in short order to retest the area and I was in the trade. The TP is the structure low and it gets hit pretty fast as well. Nice, quick trade.

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If you were to look at the higher TF, like H1, this is a clear uptrend. But I took the trade nonetheless as higher TF trend does not really matter for M1. What matters more is the recent price action after the setup and accumulation together with ideal candle body sizes. If someone did a lot of backtesting and beg to differ please state it, I am learning new things everyday.

FXC does this follow your ideal blueprint and is there any way to improve upon this? Thank you for patiently helping out newbies like me.

Cheers and happy trading people!
4hr engulf south, 5min combo....think i'll give it a go...
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Look Sharp/Trade Tight
installation by usdsek
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Hope this one is correct. Lower compression doesn't have any setup. In my view this level is still fresh if I ignore the first touch right after the engulf occur.
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Learn or earn, never lose!
WTI Sell Opportunity
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Hi Mates
The pair GBPAUD have just valid setup, hope it boom tomorrow

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H1 had good setup

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Quoting Antony_sg
Hi Mates The pair GBPAUD have just valid setup, hope it boom tomorrow {image} H1 had good setup {image}
Not a valid one. because the bullish bar engulf both 1st and 2nd bearish candle. It should engulf only the 2nd one.
Learn or earn, never lose!
Quoting ifeifeoluwa
WTI Sell Opportunity {image}
It has revisited more times. You should sell then. In my view the level has been taken already. I am showing the best one. But wait for the answer of experts.
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Learn or earn, never lose!
Quoting FXCyborg
{quote} I'm sorry, you're not making any sense now. If you don't want to be constructive here, you can troll else where, there's plenty more threads you can do that. Take care. ATB
Hi,

thank you for providing your know how. Unlike many others you are able to clearly explain your setup.
I have a question though,where should we enter the trade? Let's assume there is first bull bar, 2nd bull bar and 3rd bear bar.
Should I wait for bars to close to get the setup finished and then wait for next touch of the price?
I am adding image to make it more clear.
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I like what I trade, I trade what I like
CADJPY - Sell
Update : Exit looks like wrong decision.
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Quoting gulaksarker
{quote} Not a valid one. because the bullish bar engulf both 1st and 2nd bearish candle. It should engulf only the 2nd one.
@Gulaksarker: Really? I think this engulfing bar show strong reversal. Turn to H4 chart, you can see the chart had 2 engulfing bars, wait for this H4 bar complete will see 3 engulfing candles.
Chart still go up the trend
Quoting Geges
{image}
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Quoting togr
{quote} Hi, thank you for providing your know how. Unlike many others you are able to clearly explain your setup. I have a question though,where should we enter the trade? Let's assume there is first bull bar, 2nd bull bar and 3rd bear bar. Should I wait for bars to close to get the setup finished and then wait for next touch of the price? I am adding image to make it more clear. {image}

All you need to know can be found in the first post, this question has been answered many times throughout this thread
From tiny pips mighty oaks grow
The gray box is what I thought to be an accumulation area on 15M chart, no setups though. Went down to a 1M chart and this is what I found. Thank you for your time and passing along this great information.
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Would you like to see a stronger engulfing candle or is this valid?
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CADJPY - SELL - 15M
What you think friends about these entry:
Actually i made many mistakes in & out but just practicing ,what confuse me that looks like we have 2 setup?
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