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High Level Accuracy Method With Little To NO Draw-down

  • #2,521
  • Feb 23, 2019 8:26pm Feb 23, 2019 8:26pm
This has got to be the best I have seen on FF. Just absolutely fantastic. Its my first visit back since i read the first two pages and I must tell you I have just multiplied my account by leaps and bounds. It is not difficult although I was a seasoned trader before, but this gave me a laser way of trading the market. Most of the time i have had 3 or 4 pips draw down, I cant tell you how that translates to big profits real quickly. Kudos to you FXCyborg. You are the man. Thanks again
  • #2,522
  • Feb 23, 2019 8:59pm Feb 23, 2019 8:59pm
Quoting jamibwoy
This has got to be the best I have seen on FF. Just absolutely fantastic. Its my first visit back since i read the first two pages and I must tell you I have just multiplied my account by leaps and bounds. It is not difficult although I was a seasoned trader before, but this gave me a laser way of trading the market. Most of the time i have had 3 or 4 pips draw down, I cant tell you how that translates to big profits real quickly. Kudos to you FXCyborg. You are the man. Thanks again
Thanks & WOW, first post since 2012!
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #2,523
  • Feb 23, 2019 9:06pm Feb 23, 2019 9:06pm
A lot of crap out there and I haven't really seen anything meaningful until now , that's why I haven't posted, but I had to give credit where credit is due. Respect Sir
  • #2,524
  • Feb 23, 2019 10:50pm Feb 23, 2019 10:50pm
So the journey to low draw downs, begins!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #2,525
  • Feb 23, 2019 10:57pm Feb 23, 2019 10:57pm
Quoting FXCyborg
So the journey to low draw downs, begins! {image}
https://www.youtube.com/watch?v=a4lS9Q2lrbU
Christabelle means beautiful. I'm here to chit-chat and eat cotton candy.
  • #2,526
  • Feb 23, 2019 11:03pm Feb 23, 2019 11:03pm
Quoting zghnno
{quote} So you are either lying or dump or both The fact that your friend makes 500 pips a week and doesn't have the money to buy a computer is beyond any sane person. The sad fact is that people liked your post

All though my charts dont show it most of the time , I am firm believer of the Fibonacci lines/%,

So please make no mistake the entry point's that FXCborg offers to us all, do work, and they married up with my fibs almost 80/90% of the time,

So my message to the in-experience try and learn from the more experienced in stead of criticising them, and more importantly be true to your self,

There are plenty of people here that wear rose colour'd glasses, and only see what they want to see, and believe that they are right.

If it work's, good for you, but there are many way's to trade and we all do it in our own way, FXCborg is no different, but his system is very simple to follow and work's better then most,

So take advantage of it and really try and make it work for you as it is being offer'd to you for free, and work's IMHO,

Trade wisely folks and keep up the good fight FXCborg, your in put is truly appreciated.

Brian Dingoman-two
  • #2,527
  • Feb 23, 2019 11:05pm Feb 23, 2019 11:05pm
we appreciate you man thanks.
  • #2,528
  • Feb 23, 2019 11:36pm Feb 23, 2019 11:36pm
Quoting FXCyborg
{quote} @okshop OK we need to squash some of these mate. And tweak them some more. Please identify TWO BULL BARS then a BEAR bar for a SELL setup, the BEAR Bar's BODY, MUST engulf the 2nd BULL Bars Body. Once you have, do the following: 1) Place your H-Trendline in the middle of the two BULL BARS (on its first bar's close and 2nd bar's open). This is your ENTRY trigger as price comes back for a revisit. 2) Find the highest Wick out of all 3 bars - place a H-Trendline in there. This will act as your Breach Line. Then place your SL above there....
Found this thread during my weekend reading.

In all the time I have traded bar by bar price action I never noticed this price behavior.

You gave this away for free, answered many questions with chart diagrams, and have had the patience to repeat yourself over and over.

This approach
1. Fits on the back of a 3x5 index card.
2. Works on any time frame.
3. Works on any pair
4. Is scalable.

My lone question is what method do you use to determine the stop loss to use per timeframe as I have noticed they differ based on the timeframe?
If you are good at something, never do it for free--Joker
  • #2,529
  • Feb 23, 2019 11:47pm Feb 23, 2019 11:47pm
Quoting FXCyborg
So the journey to low draw downs, begins! {image}
Yes! How's the indicator that helps spot your setups coming along? I'm chomping at the bit.
  • #2,530
  • Feb 24, 2019 1:25am Feb 24, 2019 1:25am
Quoting FXCyborg
{quote} While I was attending to JeBrak's post on USD/JPY pair. I found another Banking Fibo reversal Here's a test for you. Click my username in my quoted post to be taken to that post. Right click it into a new tab window. Now look at that image and my image below. What do you notice that's the same, other than the Banking Fibo level? <hint: Look to the left of the level, and look where I drew in the fibo from... what do you see from that high to low?> ATB {image}
OK, still no one being able to see the COMMON pattern/instance - this is laser high lot precision entries. Something that Michael from ICT does not teach, or even know.

Go to the quoted message by right clicking my username into a new tabbed browser window, and do the same again for that quoted post so you get to see all 3 images.
Notice how the Fibo Banking Level is hit? AGAIN! And what happens thereafter? IT REVERSES - LIKE CLOCKWORK!!!

So, are you able to see the pattern now?

I'm not referring to the Banking Level on the Fibo where Market price will reverse - what makes this a beautiful setup that feels to me like a guaranteed return on my REALLY LOW DRAWDOWN entry.

9.9 out of 10 times I can increase my lot sizes by 20x or more and not risking any more than my allocated dollar amount I'm willing to be in the negative (drawdown) for.

And it all stems from this pattern that can be found within the start and end of the Fibo.

Can you see the pattern and now see why the Fibo Banking Level is respected a lot?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 90 KB
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  • #2,531
  • Feb 24, 2019 1:43am Feb 24, 2019 1:43am
Quoting FXCyborg
{quote} Hello everyone, Lot's more posts I see I need to get to... Bear with me, I'm going through my rounds first, but while I'm here, click on my username in the quoted post, you'll see this image: BEFORE {image} AFTER: 3.1 pip draw down - 68.3 pip move up. Nice R:R there {image}
That is not a bullish 3 bar engulfing setup. Right ?
  • #2,532
  • Feb 24, 2019 2:01am Feb 24, 2019 2:01am
Quoting pooh123
{quote} That is not a bullish 3 bar engulfing setup. Right ?
read what it says in the image mate lol
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #2,533
  • Feb 24, 2019 2:12am Feb 24, 2019 2:12am
I,m reading a lot of post here from years. Reading un the shadow. I log only to thanks FXCyborg the effort and to say the first time in years i see a thread talking about naked trading with quality and reality.


Thanks a lot

Heff
  • #2,534
  • Feb 24, 2019 2:20am Feb 24, 2019 2:20am
Quoting FXCyborg
{quote} OK, still no one being able to see the COMMON pattern/instance - this is laser high lot precision entries. Something that Michael from ICT does not teach, or even know. Go to the quoted message by right clicking my username into a new tabbed browser window, and do the same again for that quoted post so you get to see all 3 images. Notice how the Fibo Banking Level is hit? AGAIN! And what happens thereafter? IT REVERSES - LIKE CLOCKWORK!!! So, are you able to see the pattern now? I'm not referring to the Banking Level on the Fibo...
Brilliant! Thanks FXCyborg, great thread and now another gem...

With this little to no risk entry, where would you TP, at the 61.8 fib level, or do you look for a structural pattern for your guaranteed profits?

BTW, in the time I've been with FF, this is the first thread I've felt worth commenting on
  • #2,535
  • Feb 24, 2019 2:34am Feb 24, 2019 2:34am
@FXCyborg

I would like to extend my gratitude for all the effort you have put into this thread. Do not get annoyed by the trolls and naysayers that your work has attracted, instead you should wear them as a badge of honour.

If you could spare a moment, I would like to hear your thoughts on this. I am not sure how exactly to make use of the banking fib, so I hope that further insights into this particular aspect of your trading method will be revealed soon. A reversal of the Kiwi would be in line with my observation of the Aussie. Since they are highly correlated, I expect both to go down some more. The Kiwi hitting the banking fib would confirm my expectations.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Banking Fib.png Size: 70 KB
  • #2,536
  • Feb 24, 2019 2:48am Feb 24, 2019 2:48am
Thank you very much FXC for taking the effort to learn us this method, really mindblowing. As I write this I am backtesting this to learn to see the setup and to build confidence. Since I have a fulltime job its impossible for me to try to trade 1 min,5min, that's only stressful. 1 hour, 4hour, Daily suits me better. I wonder how many pairs do you trade? How you experienced that it works better on any special pair? Once again, thank you for your work!
  • #2,537
  • Feb 24, 2019 2:52am Feb 24, 2019 2:52am
FxCyborg...if you check my dec.15 2018 posts youll see that i posted exactly the same scenario you have that predates this thread that you started. I;m not trying to take credit for this method because im not the teacher type and id have prolly ripped all of my hair out of my head by this time or put myself in a sanitarium from all the stupid questions people ask


the reason for this post is you havent really defined the entry method for this setup...for everyone of your profitable hindsite examples i can show two that didnt pan out. Im not gona get into particulars but price action isnt enough...i use volume to filter out the potential losers so i can stay out of triggering the trade. if you look at those posts of mine of the dollah youll see i lost money on shorting the euro. i realize you advocate using the 5 minute chart for this setup to keep losses small but even then adding them up before a profitable one brings the person to even can screw with psychology.


id like to hear how you try to filter out false signals and i dont mean by saying look at accumulation areas...thats just another hindsite crutch which doesnt pan out in real time...one doesnt know in the heat of the moment what price will do whether its being accumulated to go up or to go down.

https://www.forexfactory.com/showthread.php?p=11800764#post11800764
buy the rumor,sell the news
  • #2,538
  • Feb 24, 2019 3:01am Feb 24, 2019 3:01am
i know you talked about dropping down in timeframe to look for an entry setup and im just curious if you change or these people change the setup line or leave it like it did when i dropped down from monthly to weekly to daily
buy the rumor,sell the news
  • #2,539
  • Edited 3:40am Feb 24, 2019 3:22am | Edited 3:40am
Quoting FXCyborg
{quote} Hi, I'm confused, why are you looking for a sell setup in an uptrend? If you zoom out, you'll see we're in a phase of the bullish accumulation. see below - birds eye view {image}

Amazing and well explained chart from "naked" pure price action point 0f view.
A tip : if you use indicators , you won't get FXCYBORG
Go and put some time and effort into Price action trading first.....
  • #2,540
  • Feb 24, 2019 3:48am Feb 24, 2019 3:48am
Quoting jmn5611
{quote} Found this thread during my weekend reading. In all the time I have traded bar by bar price action I never noticed this price behavior. You gave this away for free, answered many questions with chart diagrams, and have had the patience to repeat yourself over and over. This approach 1. Fits on the back of a 3x5 index card. 2. Works on any time frame. 3. Works on any pair 4. Is scalable. My lone question is what method do you use to determine the stop loss to use per timeframe as I have noticed they differ based on the timeframe?...
I too just came across this thread thru your post (working and bored to death as usual!) I love the "no drawdown" part of it. Sounds too good to be true but hey, I got to keep an open mind right ? :-)
Staying in my lane...
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