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High Level Accuracy Method With Little To NO Draw-down

  • #2,401
  • Feb 22, 2019 7:47am Feb 22, 2019 7:47am
Still learning it
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THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #2,402
  • Feb 22, 2019 8:05am Feb 22, 2019 8:05am
Quoting mcquak
GBPUSD pattern - sell limit {image}
That's a good setup since you are sitting in an imbalance zone (doesn't follow all the rules of course), too bad it didn't hit or that would have been some pretty good pips. Looking outside the box
  • #2,403
  • Feb 22, 2019 8:12am Feb 22, 2019 8:12am
Quoting Fymdglv
{quote} you should Zoom Out. You will appreciate the movements better. The price was uptrend (ie trending-green lines). Then it gets to an area where it becomes ranging or consolidating in M30 (ie, it bounces up and down within an imaginary box for a while before it finally leaves the box and either goes down or heads further back up, see arrows). BTW, You can make money in a ranging market by shorting when you see the 3 candle set up with a bearish engulfing candle at the top of the box or when you see a Bullish engulfing candle setup at the bottom...
Thanks Fymdglv for the great explanation...
  • #2,404
  • Feb 22, 2019 8:17am Feb 22, 2019 8:17am
M5 EURUSD
Quote
BuySetup manually
@ 1.1332, SL 8, TP open

I have to go
made TP1 +6
moved SL to Be

atb/vvm
PA Trading with EMAs & common Sense
  • #2,405
  • Feb 22, 2019 8:23am Feb 22, 2019 8:23am
Quoting FXCyborg
Thanks everyone for your comments Here's a taster of what to see later. Look at this, to the point, not pip, but to the point entry. the only draw down is the spread I'm going to show you how to get in on these and predict a Fibo TP The Fibo I drew in here is a Banking Fibo Level where Banks pile in the big notes! GBP/CAD H4 {image}
Hi FXCyborg,

Thank you so much for such valuable guidance.


Thanks
Fxwinnerz
  • #2,406
  • Feb 22, 2019 8:26am Feb 22, 2019 8:26am
Quoting ejiexe
Still learning it {image}
The two bull bars arent the same size.
  • #2,407
  • Feb 22, 2019 8:35am Feb 22, 2019 8:35am
Quoting FXCyborg
{quote} They buy/sell from those retracement levels... while everyone is following, banks step in and pop it the other way... it takes BIG BALLS to do this, and there are ways that ICT do not show, his methods has flaws in it, and I will address them here Soon!
My respects to you!
Quoting FXCyborg
"For MANY years I used technical analysis tools as I have previously mentioned. It wasn't until my 10th year into Trading Currencies I took on a whole new world of Analysis. Pure Price Action with Japanese Candles & Bar Chart Trading. It blew my mind away and I have never looked back since - it's VERY, VERY rare I would use any Oscillating Analysis tools like the RSI, Moving Averages, etc, and you will see why as I illustrate how awesome these very kept closed to the public secrets are."
Likewise we have similar approach to trading PA mostly but I combine with Pivots and News.I also dislike MA's and stop using oscillators.Have not looked back
Wishing you and your followers
In trading, you have to be defensive and aggressive at the same time
  • #2,408
  • Feb 22, 2019 8:35am Feb 22, 2019 8:35am
Let me hear some opinion!
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  • #2,409
  • Feb 22, 2019 8:42am Feb 22, 2019 8:42am
Hello everyone,

the setup in GBPUSD M15, is still valid?


Attached Image (click to enlarge)
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any feedback would be appreciated

Thank You
  • #2,410
  • Feb 22, 2019 8:49am Feb 22, 2019 8:49am
Quoting Fymdglv
{quote} The Body of your Bearish candle (Red) needs to be larger (ie engulfing) the previous Bull candle.
Any and all help is appreciated - thanks for the follow up !
  • #2,411
  • Feb 22, 2019 8:59am Feb 22, 2019 8:59am
Quoting bigiivan
Let me hear some opinion! {image}

It seems to me that the bull didn't quite engulf the second bear, at least on my chart it didn't
From tiny pips mighty oaks grow
  • #2,412
  • Feb 22, 2019 8:59am Feb 22, 2019 8:59am
Took this again off the imbalance zone when I got the setup.
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THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #2,413
  • Feb 22, 2019 9:22am Feb 22, 2019 9:22am
Quoting sponge
Havn't been follwing this thread but I think you guys might have a setup on EURUSD 15 min chart ?
if you have not been following this thread then why comment and why do you think there was a setup?

i assume this is the area you were looking at but no that is not a setup.
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  • #2,414
  • Feb 22, 2019 9:24am Feb 22, 2019 9:24am
Sell Setup on USDCAD M15:

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Setup within setup in M1 with accumulation:
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FXCyborg, please help critique this setup. Do you feel that the engulfing is too little? I took this because the area was tested once shortly and the price moved away very fast from that zone. The wicks at the right of the setup indicates liquidity. Did I get it right?

Thanks so much
  • #2,415
  • Feb 22, 2019 9:35am Feb 22, 2019 9:35am
M5 EURUSE

SellSetup @ 1.1338, SL 7, TP 10

It was not perfect Setup
The Engulfing doesn't close under the Open of the Bar2
it has the Tails too.
I sell a small LotSize for Learning.

s. Chart

atb/vvm
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PA Trading with EMAs & common Sense
  • #2,416
  • Feb 22, 2019 9:37am Feb 22, 2019 9:37am
Quoting ejiexe
Took this again off the imbalance zone when I got the setup. {image} {image}
50 pips on another position. So I am waiting for the next TP
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THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #2,417
  • Feb 22, 2019 9:38am Feb 22, 2019 9:38am
Quoting ejiexe
Still learning it {image}
You took the setup too soon. You should have waited for the price to move down some distance before taking the trade at retest, not as it is forming. You got lucky now, what if the price moved up as soon as you took the trade and hit SL? You can't blame this method, because FXC never taught to take the trade just after the 3 bar formation.

I believe that's the beauty of this system. You have some sort of confirmation before entering, which potentially could lead to high win rate. Just need to adjust the TP as the structures change.

Moreover, the candle bars are not ideal. The first 2 bull candle bodies should be about the same size.

Please zoom out and take the picture, so that we can assess the interim trend as well. Cheers!
  • #2,418
  • Feb 22, 2019 9:40am Feb 22, 2019 9:40am
M5 EURUSD

SL get hit,
no Problem

atb/vvm
PA Trading with EMAs & common Sense
  • #2,419
  • Feb 22, 2019 9:55am Feb 22, 2019 9:55am
Quoting statallin
{quote} You took the setup too soon. You should have waited for the price to move down some distance before taking the trade at retest, not as it is forming. You got lucky now, what if the price moved up as soon as you took the trade and hit SL? You can't blame this method, because FXC never taught to take the trade just after the 3 bar formation. I believe that's the beauty of this system. You have some sort of confirmation before entering, which potentially could lead to high win rate. Just need to adjust the TP as the structures change. Moreover,...
Look at my position, you will notice I took it after the setup and not before. Meanwhile, how do you measure about the same size. I think this part is relative to me. 50%, 60%, 70% or 100%? It all depends on where it forms. I took this setup at imbalance zone. Remember, FXC could not get filled on the EU called he made live and he has to enter manually. The entry could be quick and immediately after the setup.

PS: I missed my good entry for short while replying this post.
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #2,420
  • Feb 22, 2019 10:01am Feb 22, 2019 10:01am
5M trades - 2 wins 1 loss for today. Explanation on chart
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