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High Level Accuracy Method With Little To NO Draw-down

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  • Post #2,661
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  • Feb 25, 2019 4:50am Feb 25, 2019 4:50am
  •  Dane
  • | Joined Apr 2011 | Status: Member | 275 Posts
Quoting Pavlinito
Disliked
{quote} very minor engulf though
Ignored
Pavlinito,

I'm just drawing attention to the Banking fib 79.1% that FXC has been teasing us with.

He mentions that it is very accurate and he loads up on lots when he trades it.

Thats all I have on it...

All the best

D...
 
1
  • Post #2,662
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  • Feb 25, 2019 4:58am Feb 25, 2019 4:58am
  •  Bluebag
  • | Joined Sep 2012 | Status: Member | 14 Posts
Is this correct?
Is it wise to wait for another test on the line in between candle 1 and 2?
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Name: EURUSDM15.png
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  • Post #2,663
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  • Feb 25, 2019 5:03am Feb 25, 2019 5:03am
  •  coolmakina
  • Joined Apr 2013 | Status: Member | 1,926 Posts
Quoting Bluebag
Disliked
Is this correct? Is it wise to wait for another test on the line in between candle 1 and 2? {image}
Ignored
IMHO, and my view as very low value, the bar you marked as 1st breach is already your entry sell point.
3 bars later you have a long setup which would have been the tp of previous sell.
But is just my thought....
If you don't know how to earn money, don't loose it.
 
 
  • Post #2,664
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  • Feb 25, 2019 5:11am Feb 25, 2019 5:11am
  •  Bluebag
  • | Joined Sep 2012 | Status: Member | 14 Posts
Is this correct?
Is it safe to wait for price to go back up to sell?
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  • Cane321
  • Post #2,666
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  • Feb 25, 2019 5:14am Feb 25, 2019 5:14am
  •  gulaksarker
  • | Joined Dec 2013 | Status: Member | 38 Posts
Quoting Cane321
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{quote} https://www.screencast.com/t/VUNifZ6n My take on this trade
Ignored
Kindly post your screenshot here rather than uploading another sites. Thanks
 
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  • Post #2,667
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  • Feb 25, 2019 5:19am Feb 25, 2019 5:19am
  •  Jordi
  • | Joined Nov 2010 | Status: Member | 306 Posts
Hi. This is my second trade taken with this strategy. I didn't upload the first one, but It was on AUDUSD and was a loss.
I'm not very sure about this one. I think the setup is clear, there is an accumulation zone and there is the setup, although this pair is in the sideways mode for some days, the short term trend is up.



PS : post edited, 2 minutes later. I've been stopped
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Name: EURUSD.M5.2.png
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  • Post #2,668
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  • Feb 25, 2019 5:23am Feb 25, 2019 5:23am
  •  GonMnemonik
  • | Joined Nov 2016 | Status: Member | 92 Posts
[quote = Bluebag; 12043409] Это правильно? Безопасно ли ждать, пока цена вернется к продаже? {} Изображение [/ цитата]
possible such a scenario in the up
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  • Post #2,669
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  • Feb 25, 2019 5:28am Feb 25, 2019 5:28am
  •  coolmakina
  • Joined Apr 2013 | Status: Member | 1,926 Posts
i didn't trade it...
was this fine for a long entry?
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If you don't know how to earn money, don't loose it.
 
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  • Post #2,671
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  • Feb 25, 2019 5:35am Feb 25, 2019 5:35am
  •  dna9179
  • | Joined Jun 2012 | Status: Thank you NuNix | 105 Posts
Quoting NevFX
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{quote} did you close out with profits?
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TP HIT
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  • Post #2,672
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  • Feb 25, 2019 5:39am Feb 25, 2019 5:39am
  •  fxLoveLots
  • | Joined Feb 2019 | Status: Member | 51 Posts
Quoting Jordi
Disliked
Hi. This is my second trade taken with this strategy. I didn't upload the first one, but It was on AUDUSD and was a loss. I'm not very sure about this one. I think the setup is clear, there is an accumulation zone and there is the setup, although this pair is in the sideways mode for some days, the short term trend is up. PS : post edited, 2 minutes later. I've been stopped {image} {image}
Ignored
Not the expert here.
You have the answer
Trend is UP like you said.
Higher highs and higher lows.

There was a very nice 15M buy at 1.134642.
 
2
  • Post #2,673
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  • Feb 25, 2019 6:13am Feb 25, 2019 6:13am
  •  Bluebag
  • | Joined Sep 2012 | Status: Member | 14 Posts
Quoting gulaksarker
Disliked
{quote} Kindly post your screenshot here rather than uploading another sites. Thanks
Ignored
You were right...there was even a trade setup that appeared for buys on M15
 
 
  • Post #2,674
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  • Feb 25, 2019 6:16am Feb 25, 2019 6:16am
  •  Cane321
  • | Joined Dec 2016 | Status: Member | 70 Posts
Quoting gulaksarker
Disliked
{quote} Kindly post your screenshot here rather than uploading another sites. Thanks
Ignored
It was not the address of another site.

When one click the link the screenshot appears.
However it was my mistake that I forgot to save it as a file then upload it.
But instead of that I took a link which must have caused your confusion.
 
 
  • Post #2,675
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  • Feb 25, 2019 6:26am Feb 25, 2019 6:26am
  •  tfromng
  • | Joined Feb 2019 | Status: Member | 38 Posts
Quoting Jordi
Disliked
Hi. This is my second trade taken with this strategy. I didn't upload the first one, but It was on AUDUSD and was a loss. I'm not very sure about this one. I think the setup is clear, there is an accumulation zone and there is the setup, although this pair is in the sideways mode for some days, the short term trend is up. PS : post edited, 2 minutes later. I've been stopped {image} {image}
Ignored
The reason for your loss is that you're trying to sell in an uptrend market. Try ignore setups that show up against the trend. I've made several wins using this straetgy.
 
1
  • Post #2,676
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  • Feb 25, 2019 6:37am Feb 25, 2019 6:37am
  •  syedtaimur
  • | Joined Mar 2017 | Status: Member | 133 Posts
fresh setup on cadchf
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Size: 76 KB
 
1
  • Post #2,677
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  • Feb 25, 2019 6:45am Feb 25, 2019 6:45am
  •  MrGreen95
  • Joined Jan 2018 | Status: Member | 1,108 Posts
Quoting syedtaimur
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fresh setup on cadchf {image}
Ignored

i see a gap
 
 
  • Post #2,678
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  • Feb 25, 2019 6:50am Feb 25, 2019 6:50am
  •  Redentor
  • | Joined Feb 2019 | Status: Member | 6 Posts
Looking at USDJPY, I have noticed a setup, and a first revisit, now a second revisit. However, its an uptrend so I guess its not a valid setup. Please feel free to comment and give some tips.

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  • Post #2,679
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  • Feb 25, 2019 6:54am Feb 25, 2019 6:54am
  •  syedtaimur
  • | Joined Mar 2017 | Status: Member | 133 Posts
Quoting MrGreen95
Disliked
{quote} i see a gap
Ignored
what about this one dude
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1
  • Post #2,680
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  • Feb 25, 2019 7:45am Feb 25, 2019 7:45am
  •  MrGreen95
  • Joined Jan 2018 | Status: Member | 1,108 Posts
Quoting syedtaimur
Disliked
{quote} what about this one dude {image}
Ignored

gap here too
 
 
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