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High Level Accuracy Method With Little To NO Draw-down

  • #3,041
  • Mar 1, 2019 12:01am Mar 1, 2019 12:01am
Quoting birdland
{quote} i will set two TP and split then the positions in half: {image}
Kindly study the TP's - first TP should be the structure low immediately prior to the price being hit. refer to first page for the image and this edited image of yours.
Attached Image (click to enlarge)
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  • #3,042
  • Mar 1, 2019 12:02am Mar 1, 2019 12:02am
Quoting ricki72
{quote} Hi Calbefx, if you look closer, you ll find another setup later: {image} And here you even find a setup within a setup in the time frame M5: {image} Now let´s hope the price to come back... I think this one is a good example (for newbies)!
There you go, nicely identified, it's a shame price never revisited.
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  • #3,043
  • Mar 1, 2019 12:07am Mar 1, 2019 12:07am
Quoting FXCyborg
{quote} Well done, enter your SL, Breachlines and TP lines too.
But it seems to have failed.
Other 2 setups on USDCAD some time earlier.
Attached Image (click to enlarge)
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  • #3,044
  • Mar 1, 2019 12:12am Mar 1, 2019 12:12am
Quoting FXCyborg
{quote} There you go, nicely identified, it's a shame price never revisited.

FXC

With this one you just commented on, is the set up valued if in uptrend and instead of price moving higher and then coming back to form a 3 bar set up, it moves lower and then forms the 3 bar set up like that depicted by ricki72??
  • #3,045
  • Mar 1, 2019 12:14am Mar 1, 2019 12:14am
Quoting obiwandax
{quote} 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.
Hi,

I don't see how that is a mistake, post as many pairs or time frames you want, and I'll tell you what needs to be done based on that time frame.


Quoting obiwandax
{quote}
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.
I personally feel you should quadruple your account with this first. I'm already getting messages from people they have doubled their account. 200% more they'l be ready to go in with tiny lots on a real account.

Quoting obiwandax
{quote}

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.
Lower time frames gives you more real time practice, higher time frames you're going to have to wait more. Besides, if you are happy with the DD's you will get on a higher time frame and not bothering to go down to lower ones to perfect ones entry - then IMO, they are cutting things short of their true potential and success rate. I have never done things in my life by halves, and I can't see the logic why people would want to either.

Quoting obiwandax
{quote}
You're at the mercy of broker slippage, relatively wider spreads, and system latency.
I don't see how, that will be the same no matter what time frame you're on.

Quoting obiwandax
{quote}

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).
That doesn't bother me in the slightest, the method of approach does not change because of the pair being used.


Quoting obiwandax
{quote}

I truly hope the new 4H thread really takes off.
This is really mind boggling, where do I say its just for H4? why are lots of people saying this? I just don't understand why people only read part of the words. It does specifically state, designed for H4 and above, and it does work on lower time frames.

It's not me that is making this information fragmented, the information was and still is in a contiguous manner, there are no holes or gaps in my information.

When people read things like this, they are bound to misunderstand, skip a few words, or make up something that makes sense to them and go with that, which had nothing to do with the method in the first place. We're only human. But I have never made mistakes in illustrating or helping someone perfect this.

So I kindly ask everyone, Slow down, read slower and more carefully.

Any way, thanks for your post

ATB
P.S
Maybe we can get down to posting more images, rather than all this other stuff?
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  • #3,046
  • Mar 1, 2019 12:15am Mar 1, 2019 12:15am
Quoting birdland
{quote} he said that we need accumulation only on m1 and m5 setups. yours is a h1 setup, so you dont need accumulation.
but it helps if you find them on higher time frames.
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  • #3,047
  • Mar 1, 2019 12:17am Mar 1, 2019 12:17am
Quoting vvm
Help me Mates, I cannot find BuySetUp on this Chart from FXC. Post 361, 05.02.19 s. Chart atb/vvm {image}
Because is not the 3-bar setup, it states what it is in the image.

IMBALANCE ZONE
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  • #3,048
  • Mar 1, 2019 12:21am Mar 1, 2019 12:21am
Quoting cablito
{quote} the set up within the setup{image}
Nice setup right in line with the imbalance zone
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  • #3,049
  • Mar 1, 2019 12:23am Mar 1, 2019 12:23am
FXC

Lets see if this is better. 1M trend is up.

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  • #3,050
  • Mar 1, 2019 12:24am Mar 1, 2019 12:24am
Quoting TooSlow
{quote} Do not think in terms of failure. Think in terms of results. When you trade, some results are positive and some are negative. You have no control.
"You have no control"?

Maybe if a person is new to Trading, but when they have lots of knowledge in the area they are in, I can't see how it is not in ones control.

I rather not take every setup, I only take on the ones with higher probability.

This was done by being in control, using this 3 bar method, imbalance zones, the stop hunt entries and a 3rd i was going to share in another thread. But I doubt people will have the patience for it.

Attached Image
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  • #3,051
  • Mar 1, 2019 12:28am Mar 1, 2019 12:28am
Quoting CroFX
Potential setup on USDJPY coming up {image}{image}
labels incomplete and no reason why you're looking for a sell setup in an uptrend.
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  • #3,052
  • Mar 1, 2019 12:35am Mar 1, 2019 12:35am
Quoting shmandi
{quote} But it seems to have failed. Other 2 setups on USDCAD some time earlier. {image}
it happens, there will be other opportunities like this one Same pair.
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  • #3,053
  • Mar 1, 2019 12:37am Mar 1, 2019 12:37am
Quoting FXCyborg
{quote} labels incomplete and no reason why you're looking for a sell setup in an uptrend.
Sorry Master, it was a live post, set up didn't form, it didn't pull away but continued higher....was looking at previous accumulation zone at that level (obviously it was too long ago to be considered)
  • #3,054
  • Mar 1, 2019 12:50am Mar 1, 2019 12:50am
M5

Good Morning FXc, Mates

Quote
Because is not the 3-bar setup, it states what it is in the image.
Ok, I understand it

FXC,
thanks for your Explanation.
I keep on Reading...

atb/vvm
PA Trading with EMAs & common Sense
  • #3,055
  • Mar 1, 2019 2:05am Mar 1, 2019 2:05am
Quoting TraderAussie
FXC Lets see if this is better. 1M trend is up. {image}
More studying need to be done on where to place your TP's... go back to my first post and take the image on board about structure highs and low

BTW, your TP just got hit well done you're getting the hang of this now
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  • #3,056
  • Mar 1, 2019 2:24am Mar 1, 2019 2:24am
Setup within setup EUR/CAD H4 and 15M +93. Explanation on chart
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  • #3,057
  • Mar 1, 2019 2:48am Mar 1, 2019 2:48am
Quoting JeBrak
Setup within setup EUR/CAD H4 and 15M +93. Explanation on chart {image} {image}
Congrats JeBrak... You seem to have got it pat down...
  • #3,058
  • Mar 1, 2019 2:50am Mar 1, 2019 2:50am
Hello, FXCyborg.
Could you please comment on my setup.

Can I confirm a short-term trend change in EURUSD?
Trend:
H,L,LH,LL
15M Bearish Accumulation
5M DBD
1M 3 Bar Setup -> Not so similar but other confluences, could allow entry?

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  • #3,059
  • Mar 1, 2019 3:03am Mar 1, 2019 3:03am
Quoting aaven
{quote} Congrats JeBrak... You seem to have got it pat down...
Thank you . I still have a lot to learn .
  • #3,060
  • Mar 1, 2019 3:22am Mar 1, 2019 3:22am
Quoting fxLoveLots
Hello, FXCyborg. Could you please comment on my setup. Can I confirm a short-term trend change in EURUSD? Trend: H,L,LH,LL 15M Bearish Accumulation 5M DBD 1M 3 Bar Setup -> Not so similar but other confluences, could allow entry? {image} {image} {image} {image}
looks ok. though the setup bar on mine jumps up on the open, i dont go for those.
anyway, see how it plays out
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