High Level Accuracy Method With Little To NO Draw-down

Well done and thanks for your submission

you still need to go down a time frame until you perfect your entry.

The Body of your Bearish candle (Red) needs to be larger (ie engulfing) the previous Bull candle.

No

1) you didnt wait for the push off and come back
2) going against the trend.

Hi, Kindly remove all that crap off your charts please if you want help. I cant sit here trying to decipher a bunch of BS lines on the chart that mean absolutely nothing.

We're trading naked here.

Thanks

Hi

I dont understand why are you doing this as a buy trade?

Hi Mizi, Trend is down. Why going long there? (Granted, your stop loss is below the huge support at the bottom so it may not get hit, but the point is to keep the DD as low as possible.

Hi Mizi, This down trend. The trend may be up in a higher time frame, but you are making a long trade on a downtrend in a smaller time frame!

Going Long on a down trend?

Read the Elliot Wave Theory on Page 1. Also, look for the break of the higher Highs and Higher lows pattern in Longs and reverse of that in Shorts.

hey guys, really enjoying this thread. i have quite a few examples that i found out. would love to hear commentary on them

in the eurnzd example , i swtiched by mistake the SL and Entry but its obivous i think what the right order should be. here some more examples
i posted a few that failed, would love to hear critique , to know if i am understanding the concept correctly. overall it seems to be a really valid pattern. very few failed from the start, those that got stopped out early were still in profit for a while and at worst you would have gotten out at BE

Thank you FXC,

I and many others really appreciate you taking the time to show us this set up.

Ladies & Gents,

Good Morning, Afternoon, Evening.

As you all know, I appreciate all of you making your efforts, and even the trolls who have sent me some nasty PM's as of late - some people I really don't understand why they want to be so rude and nasty.

Trading is not for everyone and it can really turn a person around from being nice person to being an absolute a** hole.

This is the route that most tend to go down when they lose because they can not handle the emotional pressure it puts them under when they are not winning consistently or losing all the time.

Frustration turns into anger and in their eyes, everyone is a bastard.
When they start winning, they realize how small they made themselves look and their attitude starts to change and their life starts to get better, more people flock around them because of their Aura/persona is far much brighter, people tend to gravitate towards you rather than repel away.

Your attitude towards life has a big deal on how you approach anything in life and Forex is no different.

Trading is easy.

Understanding yourself, is not.

There are so many emotions that we have to learn to control. It's always an up hill battle.
Time and experience will help with this.

Learn to focus more, meditate - that may sound silly, but if you're going to treat this Forex Industry serious and your aim is to do well with it, then be serious with yourself. Do what you can to relax and focus. I did, and I still do, after all these years.

I meditate before I go to bed and I mediate when I wake up before my shower in the morning, and some times if I'm still feeling a bit stiff in the mindset area, I'll mediate again before trading.

And I'll listen to music during the entire day as well. No TV, No Phones. No outside distractions. No Coffee, No Sugary drinks, just water and lots of good healthy food for the entire day... I perform better this way.

Find your 'center' that brings you peace. And watch how your focus improves and your results in the Forex Market improve.

On that note - I've decided to revamp the first page...

I'm going to remove those images from the first page and do some others instead: I'm going to approach this from a "Trading for Dummies" Book approach.

Clearly adding two methods was not a good idea. People are becoming confused, or they are just not paying attention to the two different setups these methods have. And are clearly not taking into consideration the trend direction; It's of no wonder why 73.8% of people do not actually cash out. Yes, that is a true number from a Broker friend of mine. Not 95% that a lot of people say when they talk about people losing in Forex. Binary Trading however, is a lot higher, 92.3% don't cash out - and Binary trading is easy too - one just needs to find a legit broker to work with that does not screw you over on delayed authentication of expired binary trades, or does not increase spreads at the last moment, etc.

People are losing because they are not paying attention - or do not recognize the areas we out there in the public eye are talking about - so this is going to be broken down in steps.

For instance... Michael Cole - someone showed a YouTube video of him showing Market Maker stuff.. Listen, Michael Cole is not a good trader. And his explanations are vague at best.

I wanted to rip apart his video and put the real facts in between some of his so called view on how it works... One area for instance out of many I could pick apart was; if you notice when he talks of the spike at the bottom of the trend and the spike at the top of the trend before it reverses... He has NO IDEA why it does that. If he did, he would of said so in the video and not make up some lame excuse about time constraints on the video and online viewing of the video.

Excuses, excuses... I'm going to show that in these up and coming areas of Technical's that you can learn and store to your long term memory. It's all related to this "Little to NO Draw down" thread. Getting in the minds of how Market Makers think and joining the Train before she departs.

I hope after these set of images, etc, some will not be stuck in their ways and will hopefully budge from their trading Style and implement some of this, or all of it. With NO INDICATORS!

I have a friend who runs a signal service. I have on countless times told him I'm surprised he still has members. Although he makes over 500 pips a week, he could be making 1000 to 2000 pips a week if he paid more attention (He spends more trading hours on the charts than I do and most people - I don't think the guy sleeps to be honest lol). My main concern was his draw downs were huge and all he does is acts off support and resistance & Trend line Break outs, and that's it and worse of all, since he is Indian, he doesn't have the money to buy a Laptop, so he and his friends share the costs of a co-office workshop and work off their phones.

DON'T TRADE OFF YOUR PHONE when you're doing advanced technicals. It's really hard to see the true underlining price. iPads are better, but I'd rather work off a Laptop if I have to, a Windows Surface Pro 13" should be suffice, they're cheaper than most phones and light and easy to carry.

As soon as I lent my hand of support to my friend, he's doing much better and his draw downs are way lower than they were before. So I'm going to approach this new set of images in the same manner as I have taught him and the rest of my students - but there are going to be more steps. I took the simple approach here in the first post, but I realize now it's clear "some" people need more steps and other things to look at.

This time we're going to be talking about S&R, S&D, Counting Accumulation Levels, RBR, DBD, etc, understanding trend direction, performing steps on a higher time frame to warrant pulling the trigger on lower time frames, what time frames to use, how long one should wait for entries to be triggered, using DXY as correlation, using Fibo rules; basics and advanced banking levels (this s**t will blow your mind), and anything else I can think of that doesn't confuse things even more.

This time, you're going to get a blueprint, steps to follow.

But ONLY for these two methods - the steps I'm going to show you will be Technical's of confluence . All I'm going to do is show some basic elements that you need to have in your game play to be free from stop hunt triggers.

Some might say it will confuse people more, but no, actually, it wont.

It's about paying attention and remember each technical I show and store it to your long term memory.

If I show you what an uptrend looks like on a 5 Minute and it looks different on a 1 H time frame what do we do and how do we decide to place a trade when two different time frames on the same pair show different possible outcomes.

It will be their job to retain this information.

Once they understand. Move on to Supply & Demand, store that to your long term memory. And so on, then you can put all those areas of technicals to use all at the same time.

Consider this like "Brick-a-brack Lego" (huge Lego pieces) and we're building on each Brick before it starts to take shape and reveal something that's nice to look at.

Essentially, we'll be building on confluence of events.

Take each step one at a time and only tie them all together once you understand each of them on their own. Once you do, things will get so much easier.

In closing...

Thanks again so much for your continued support of encouragement to stay on this thread helping - there have been times where I did just want to walk away and be done with it. However, as with Forex, I never did quit and I wont here either - I might take a break for a day, but I'll still be here to assist.

Stand by for the new updated first page - I'll probably do these over the weekend... Until then, keep submitting your examples and most importantly Ladies & Gentleman, FOLLOW the trend direction... Buys ONLY in an uptrend... Sells ONLY in a down trend. We'll get to the Selling into an uptrend and buying into a down trend sorted out over the weekend.

ATB

Thank you so much for all your work FXCyborg! That is really kind of you to do so for us newbies especially. What did we do to deserve all this love and support? Haha

[quote=FXCyborg;12033207] Thank you kindly Sir, and mate, thanks again for the fishing rod and bait (actually more like Trawler and Nets)

Thank you FXCyborg! Very much looking forward to your updates!

Patience is a virtue FXCyborg and it seems you have been enlightened through your meditation to be able to put up with the nay sayers in the group but I like many others will continue to praise and cheer you on. Thanks again for helping and showing us the way !
Have a great weekend and we all look forward to your teachings.

This is what we call "labour of love" Thank you so much for the time and effort you are putting in.

Is this EU scalp M1 this morning is correct?