High Level Accuracy Method With Little To NO Draw-down

you'll find this has been answered many times. see first page if you haven't done so already, it's been updated. thx

bullsetup forming on GBPUSD 15m

HI the most beautyfull thing in this thread is that MR FXCYBORG is giving his full attention to that thread and giving answer of all questions wich i did not see in any other thread .method of MR FXCYBROG is great .im in forex from last five years that method is best from all method i see in that market .THANKX MR FXCYBROG .you are a kind hearted man .GOD bless u .
im waiting your pdf file of that method .when you will share that file ?? thats the only question from my side .

THANKX AGAIN MR FXCYBROG

Yes of course!
Gbpusd is bullish in h4 and daily too. and the pattern made in H1 tf.

FXC

I will get this right one day if this is not correct!!!!!!

FXC

I took this trade on the GBPNZD. 1st Chart shown in 5M was based of a 1M setup in the accumulation but couldn't fit it all in. I took a long based on this set up and accumulation overall long term uptrend?? whether this is correct could you please kindly advise. However the immediate trend is down and on the second chart of the same trade a short set up was noted by the 3 bar set up method next to prior accumulation and I then went from long to short. This however did not pan out so my question which one overrides the other. I'm totally confused...... I need help!!!!!

Nice Tradeidea, but isn't it a SELL Trade in an upward Trend?

It would be great if the thread starter himself posts more examples of trades taken by himself. This thread is cluttered with many posts like:-

Is this setup correct? Is the trend this way etc....

I think the reason for this to happen is because there are too few examples posted by FXCyborg for this thread. I think there are only about 10-20 examples being posted here and most of them are very vague. It does not define clear rules and entries.

Even in the new thread of the H4 trading setups, there are too few examples being posted and if you pay attention to it, there are only 4 examples being posted in total with 2 of them being NOT the IDEAL setup.

I have no idea why would you post the NON-IDEAL setup there, so should i follow the non-ideal setup or only take the perfect ones? but hey it's your thread....

Anyway, i think most members would appreciate seeing more examples posted by FXCyborg himself and not all the new members who joined and asked"is this correct etc?" It does not matter if it's real time or not. It only matters if we can see the trade taken by FXCyborg himself.

another good trade setup gbpjpy h1

Hi FXC

Thank you for all the effort youve put in for most of us its immeasurable and thanks once again. Could you please look at my entry points and comment thanks

Morg71

And may I add

If FXC could show his trades keep to only the 3 bar set ups especially those on the 1M and 5M compressions so we can all get a better handle on this and not the other method like imbalance zones which we really haven't gone over yet. If we can get this one right then we can move on to next

Just my two cents worth

FXCyborg I have a question . In situation when price misses our entry line 0.5 -1 pip and than shoots to our previous str high (low), do we consider setup not valid any more ? Example on chart. Thank you in advance.

clear downtrend on UC in the m30 trend.

m5 setup within the m30 setup to short:

Yes I'm on this as well

My only question is the time that it took to revisit that area.

Where is your TP??

Hey Mate cheers for the time taken to teach this on here. Okay so this trade looks like a juicy steak but unfortunately no accumulation of price can be seen on that level. So should we avoid the trade?

Hi Mate,
Just to kill some minutes, i taken the liberty to pick up your chart and depict how i see it.
usually i don't trade M5 cause is too fast for my old brain, and also usually i don't "quote" others posts.
your just came to handy and there nothing to do with you or your trading style/readings.

just my read, don't take personally, hope someone could catch and record somethings in mind.

here it is:
- you marked (and well) a down trend.
- you spotted a short engulfing setup "A". you marked the entry line.
- imo, you should wait until price re-visit the entry line. it didn't in the following bars.
- it did re-visit at bar "1". However by doing so, bar "1", closed above trending resistance line.
- imo this is a place to draw a long entry (1st yellow line) and enter long when touched.
- price did reacted to this 1st yellow line.
- it even made a bullish engulfing setup "B". useless to draw entry line because it almost coincidence with 1st yellow line.
- price went to C, and at C it made short engulfing setup "C".
- short entry line drawn.
- price falled back to D to make a bullish engulfing setup "D".
- price returned to C setup short entry line. made a many bars unable to close above.
- finally, price makes a fake break up at E, and brakes the actual supportive trend line.
Time to draw a 2nd yellow line to short when touched.
it was thouched at bar 2. SHORT number 1.
- bar 3, pierces the previous resistance line which is now supportive. it fails to close bellow. CLOSE previous short, and wait for next action/setup.
- bar 4. makes a fake breakout of the supportive trendline. Draw a 3rd yellow line at 50% of the bar 4. entry long when line is touched.
- bar 5, touches it and close inside previous bar. LONG.
- bar 6, revisits acumulation area, touches 2nd yellow line. Close long. ENTER SHORT.
The rest you can see...

just my 5 cents,
Regards,

i will set two TP and split then the positions in half:

Hi Calbefx,

if you look closer, you ll find another setup later:


And here you even find a setup within a setup in the time frame M5:



Now let´s hope the price to come back...
I think this one is a good example (for newbies)!

A really, really good post, CrocodileRex. It covers so many aspects covering a whole gamut of issues.

The thread-starter has offered up a method. That's all.
He has made the mistake of allowing many, many posts covering pretty much every FX pair.
I don't think it's fair on him to comment on such a wide range of pairs, and time-frames.
And each trader brings with them their own biases and insights.
It's probably the case that the non-ideal set-ups appear non-ideal only to the untrained eye. With years of experience, what is clear to FXCyborg is ambiguous to us.

The traders themselves came here with the promise of "Little to NO Draw-down". Their fear of loss or uncertainty being their issue.
Ideally, they should take a Demo account, and take about 20 trades, and then evaluate the situation. Not to fixate on a specific set-up. Just move on to the next trade.

Personally, I think they should focus on higher-TFs.
The smaller the TF, the more time you spend looking on fewer pairs, for smaller moves.
You're at the mercy of broker slippage, relatively wider spreads, and system latency. An unholy trinity of factors you have no control over.

One of the best training threads is Nala66s "Trading the Cable swings via averages".
Pick ONE FX pair. Pick effectively ONE time-frame. Pick a specific TIME to take your trades in.
Bit like driving a car. Learn the basics on one model. Then, once you've passed your test, trade whatever you want.
FXCyborg, unintentionally, has allowed everyone to take over the drivers seat, and let him be pushed from one chart to another to another, trying to explain why it doesn't work (for them).

I truly hope the new 4H thread really takes off.
You don't have to care too much for slippage, and gunning for 100 pips means the spreads are relatively meaningless.
Small market spikes are less likely to take you out.
You get to review more charts and spread your risk across multiple pairs. And therefore care less about any individual trade.

I think traders themselves need to "man up" and realise there will be draw-downs in the early days, as they refine their own skills.
They may achieve the dream of no draw-down, but not for several months.

If you believe the glass is half-empty, traders will always be looking for whats missing, or what went wrong, and go looking for gurus.
If you believe the glass is half-full, you learn, and internalise, and take ownership of whats available, and build into your psyche the good bits, and discard the ambiguous bits, and work your way to a system that is fully congruent with your own psychology.

Bit of a ramble. But tradings about more than just set-ups, lines and fantasies of limitless wealth. (although sipping cocktails on a beach next to Scarlett Johanson wouldn't be the worst of outcomes).

he said that we need accumulation only on m1 and m5 setups.
yours is a h1 setup, so you dont need accumulation.