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High Level Accuracy Method With Little To NO Draw-down

  • #3,221
  • Mar 2, 2019 6:04am Mar 2, 2019 6:04am
Quoting PayItForward
{quote} EDIT interesting sense of humour ... maybe I misread you when you were searching for enlightenment trading from Vatican City We will still agree to disagree on the "likes" ... however I do thank you for your thoughts towards Kiva ... and trust that gives you a good feeling? Maybe some "likes" do have a common goal ... all the best to your daughter, you and your mum. Enough distraction from this thread ... cheers
Listen man, I politely asked you to take your bickering else where. You have not bothered to participate in this thread to help others, all you are doing, the both of you, is disrupting the course of this thread and its purpose.

Kindly take your views on what ever it is both of you are talking about, somewhere else. Both of you should know better by now, you've both been on this forum for a long time.

Try to set an example by showing others you want to help people with their trading.

Thanks
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  • #3,222
  • Mar 2, 2019 6:37am Mar 2, 2019 6:37am
Quoting FXCyborg
{quote} Listen man, I politely asked you to take your bickering else where. You have not bothered to participate in this thread to help others, all you are doing, the both of you, is disrupting the course of this thread and its purpose. Kindly take your views on what ever it is both of you are talking about, somewhere else. Both of you should know better by now, you've both been on this forum for a long time. Try to set an example by showing others you want to help people with their trading. Thanks
FXCyborg,I am sorry to say that you need to not give replies such posts,you are wasting not only your time but (ours) of learners as well.While on the other hand you show anger against the post of weak learners,like me,not questioning in proper way.It is your method and you want to teach us and we also want to learn.Plz help us and i hope you will not mind my request.Good wishes for you.
  • #3,223
  • Mar 2, 2019 7:01am Mar 2, 2019 7:01am
Quoting AbbasRizvi
{quote} FXCyborg,I am sorry to say that you need to not give replies such posts,you are wasting not only your time but (ours) of learners as well.While on the other hand you show anger against the post of weak learners,like me,not questioning in proper way.It is your method and you want to teach us and we also want to learn.Plz help us and i hope you will not mind my request.Good wishes for you.
Why are you being passive aggressive with me?

I have always answered posts in a proper way. If you asked a question before and it wasn't answered, then maybe:

a) I was in bed getting much deserved rest so I was unable to answer you.
b) posts were way too far back on these pages (you will notice I answered / made 3 pages of replies to questions, in a row, back to back) and you were missed. I'm sorry.
c) you never bothered to read the main pages and the links on the first page - had people done so, most of the questions would be answered through their research. And if you read each page, and each post you will come to notice the same question has been answered so many times it becomes pointless to repeat ones self. You say not to waste your time. What about mine? Where do my feelings come into this about having my time used up to repeat the same thing over and over?

And listen, if people are going to go off tangent here, I'm NOT going to ignore it. If I do, it will continue. So kindly let me moderate this thread the best I know how.

Thanks.

Have a nice weekend.

ATB
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  • #3,224
  • Mar 2, 2019 7:06am Mar 2, 2019 7:06am
Quoting Hazzaree
Hi, I would like to say thank you. I usually only go into FF just to check the news calendar and never paid any attention to the thread. However, on the day that you posted this method. I was drawn to it by some unforseen force (I kid you NOT!) and started reading it word for word analysing whatever information i can. I have been a trader for 4-5 years. having fluctuating results. I always felt there was something mixing. but i kept at it and keep telling myself i’ll will get better at it. but your method in identifying where to enter. has changed...
Thank you for your kind words and fantastic job on quadrupling your account. I would like to stress, 800 pips should not be the number where you quadruple your account, so this leads me to believe you were a little heavy on the lot sizes. Please be more attentive to your money & risk management and most of all, do not get too over confident.

Play it cool, calm and you will collectively see the results you are looking for, but in a more safer way.

ATB
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  • #3,225
  • Mar 2, 2019 7:09am Mar 2, 2019 7:09am
Quoting OnlyLooking
{quote} I just wanna let you know you got stopped out today sorry I had to do this LOL

Hi
Pardon?

I was not stopped out. Besides I don't use Stop Losses on my entries. MY SL's are applied once profits have been made.


Quoting OnlyLooking
{quote}
Best thread ever. You have revived my interest again after 4 years of dismal trading performance. Thank you FXCyborg {image}
Thanks, GL next week
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  • #3,226
  • Mar 2, 2019 7:11am Mar 2, 2019 7:11am
Quoting Sol72
Hi, FXCyborg! Thank you very much that you sharing your method! I've been trading since 2005. But your trading very impreesed me. It's very simple but most effective than i meet before. I'll be follow you with big interest and plasure. Thanks again! My trading usd/cad isn't finish yet. Pls comment it. Thank you. {image}
You're welcome. Nicely spotted on the entry Well done.
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  • #3,227
  • Mar 2, 2019 7:19am Mar 2, 2019 7:19am
Quoting FXCyborg
{quote} I don't understand what you mean, mate? I did mention what the stop losses would be once you've entered the trade.
Here is an example. You mention that a 2-5 pip stop on M1 will be fine. This is true is you are trading one of the majors. But if you are trading GBPNZD for example, the spread itself is often 5 pips. How do you manage stops if you are not trading a nonvolatile pair? What is going on is that traders are trying your stuff on all manner of pairs in all manner of time frames, and some of them are getting whacked due to a lack of experience with the pair. Is there a standardized method that you use to calculate stops, or do you do it based on seat time?
If you are good at something, never do it for free--Joker
  • #3,228
  • Mar 2, 2019 7:24am Mar 2, 2019 7:24am
Quoting jmn5611
{quote} Here is an example. You mention that a 2-5 pip stop on M1 will be fine. This is true is you are trading one of the majors. But if you are trading GBPNZD for example, the spread itself is often 5 pips. How do you manage stops if you are not trading a nonvolatile pair? What is going on is that traders are trying your stuff on all manner of pairs in all manner of time frames, and some of them are getting whacked due to a lack of experience with the pair. Is there a standardized method that you use to calculate stops, or do you do it based on...
Then you will need to adjust based on your broker. Mine is 0.2/0.3 pips on GBP/NZD. And some times ZERO pip spread.

And I did say to people to experiment with it.

ATB
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  • #3,229
  • Mar 2, 2019 7:33am Mar 2, 2019 7:33am
Quoting FXCyborg
{quote} Then you will need to adjust based on your broker. Mine is 0.2/0.3 pips on GBP/NZD. And some times ZERO pip spread. And I did say to people to experiment with it. ATB
I was born in the USA. This means I cannot be a dual citizen of any other nation. Our options are very, very limited as the regulations are very, very tight for spot FX. I do appreciate your prompt reply. I will take your answer as we need to adjust stops based on seat time.
If you are good at something, never do it for free--Joker
  • #3,230
  • Mar 2, 2019 7:39am Mar 2, 2019 7:39am
Quoting jmn5611
{quote} I was born in the USA. This means I cannot be a dual citizen of any other nation. Our options are very, very limited as the regulations are very, very tight for spot FX. I do appreciate your prompt reply. I will take your answer as we need to adjust stops based on seat time.
Sure you can. I know lots of people who hold two passports, US & UK, US & AUS, etc.

Options are not limited if you know what to do

Seat time? What does stop losses have to do with that? I'm confused. Do you mean eyeballing it on larger spread pairs?

Why not do what I mentioned in regards to TP levels for this method. Use the same method but in reverse for SL's.
If Structure Highs are going to be your TP targets for Longs, then why not take into consideration putting SL's at Structure Lows + Spread + the allotted SL's previously mentioned, then adjust your R/MM lot sizes to suit the new SL size
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  • #3,231
  • Mar 2, 2019 7:54am Mar 2, 2019 7:54am
Hi FXCyborg

I am following both of your threads consistently. Thank you for your efforts to share the knowledge.
Just want to check if the Image meets your 3rd Method criteria

Regards
Chandan
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 15 KB
  • #3,232
  • Mar 2, 2019 7:57am Mar 2, 2019 7:57am
Quoting FXCyborg
{quote} Sure you can. I know lots of people who hold two passports, US & UK, US & AUS, etc. Options are not limited if you know what to do Seat time? What does stop losses have to do with that? I'm confused. Do you mean eyeballing it on larger spread pairs? Why not do what I mentioned in regards to TP levels for this method. Use the same method but in reverse for SL's. If Structure Highs are going to be your TP targets for Longs, then why not take into consideration putting SL's at Structure Lows + Spread + the allotted SL's previously mentioned,...
Yes, seat time is a common term which means "based on experience". I get what you are saying about stops. If you use an ECN broker that will work just fine. Many, if not most traders based in the USA use Oanda or Gain as their broker if they trade spot. A 5 pip stop plus spread is right at the single bar ATR of a pair like GBPNZD on M1. A quick move will widen the spread and hit your stop. It will be death by a thousand cuts.

However, your last answer on stops was clear. You should put it on post one on both of your threads.

On a side note, TRO is an famous/infamous coder/trader that has been all over the forums for at least a decade. Some people think TooSlow is either a disciple of his, or an alias. Just getting you up on forum culture.
If you are good at something, never do it for free--Joker
  • #3,233
  • Mar 2, 2019 8:12am Mar 2, 2019 8:12am
Quoting jmn5611
{quote} Yes, seat time is a common term which means "based on experience".
hehe, common to whom, you? It's the first I heard of that phrase



Quoting jmn5611
{quote}
I get what you are saying about stops. If you use an ECN broker that will work just fine.

No, actually, you still have not quite gained the understanding what I said in the previous post/reply. It will work no matter who your broker is.

Quoting jmn5611
{quote}
Many, if not most traders based in the USA use Oanda or Gain as their broker if they trade spot.
I'm aware of this. But that does not mean you can't trade else where, out of the hands of US Jurisdiction.


Quoting jmn5611
{quote}
A 5 pip stop plus spread is right at the single bar ATR of a pair like GBPNZD on M1.
Don't worry about ATR's, its not relevant here. Understanding price structure is.

Quoting jmn5611
{quote}
A quick move will widen the spread and hit your stop.

No, it wont if you do what I said in the previous reply.


Quoting jmn5611
{quote}
It will be death by a thousand cuts. However, your last answer on stops was clear. You should put it on post one on both of your threads.
Maybe, or make a reference to it instead


Quoting jmn5611
{quote}
On a side note, TRO is an famous/infamous coder/trader that has been all over the forums for at least a decade. Some people think TooSlow is either a disciple of his, or an alias. Just getting you up on forum culture.
I've never heard of them mate. I don't follow other traders. But thanks.

P.S:
Let me reiterate: I said Structure Low as your SL for Buys + Spread + recommended SL size. vise versa for Sells.

You missed the vital part, the actual structure - these setups go with the order flow of orders being made. Thus, these structures will be clear from being hit as the directional focus is in line with the setup's anticipation/prediction.
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  • #3,234
  • Mar 2, 2019 8:15am Mar 2, 2019 8:15am
Quoting chandan655
Hi FXCyborg I am following both of your threads consistently. Thank you for your efforts to share the knowledge. Just want to check if the Image meets your 3rd Method criteria Regards Chandan{image}
We'll get to that mate in the new thread I'm creating...

Stand by
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  • #3,235
  • Mar 2, 2019 8:50am Mar 2, 2019 8:50am
Quoting FXCyborg
{quote} Thank you for your kind words and fantastic job on quadrupling your account. I would like to stress, 800 pips should not be the number where you quadruple your account, so this leads me to believe you were a little heavy on the lot sizes. Please be more attentive to your money & risk management and most of all, do not get too over confident. Play it cool, calm and you will collectively see the results you are looking for, but in a more safer way. ATB
Agreed and Noted.

You are spot on with the heavy on the lot sizes.

Appreciate the reminder with respect to money and risk management and i will be more attentive to it.
  • #3,236
  • Mar 2, 2019 8:56am Mar 2, 2019 8:56am
never heard of "seat time" either, but it seems to mean the opposite of "based on experience". https://www.edglossary.org/seat-time/

how long you sit in the seat and watch the charts and trade, means nothing if you are not learning something, and becoming a better trader.

if you dont maintain a significant edge in trading, and remain consistant, then 89% chance the market "the house" will get you in the end.

so your experience is pointless if its loaded with nothing valuable to allow you to become a great trader, ALWAYS.

No matter what anyone says, your reality in trading is determiend by what you decide to believe and act upon, if you trade based on lies and misconceptions, and warped perceptions, then you will typically lose over and over.
  • #3,237
  • Mar 2, 2019 9:23am Mar 2, 2019 9:23am
Quoting FXCyborg
{quote} here's another, man, this is so easy. I tried to explain it this way from the beginning, but people were confusing it so much, I had to expand on this far more than I should have had I trust these examples are helping now? {image}
Thanks for teaching all these fantastic Tradingsetups !
Would you have taken this one (Buy Setup) ?
I know, the bear candles sizes are not showing a perfect setup.
Attached Image (click to enlarge)
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  • #3,238
  • Mar 2, 2019 9:28am Mar 2, 2019 9:28am
Quoting tebis
{quote} Thanks for teaching all these fantastic Tradingsetups !
Thanks, and you're welcome

Quoting tebis
{quote}
Would you have taken this one (Buy Setup) ? I know, the bear candles sizes are not showing a perfect setup. {image}
Does it conform to the rules? Then that's your answer

ATB
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  • #3,239
  • Mar 2, 2019 10:23am Mar 2, 2019 10:23am
Possible setup on the weekly chart EURUSD.

On the mobile going through some stuff thought I'd share.
Apologies for the link and small picture attached. Not infront of the PC

https://www.tradingview.com/chart/EURUSD/rAYyISBM-3-bar-setup-Weekly-chart/
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20190302_182540.png Size: 249 KB
4&1 All Time Profit: $37,496
  • #3,240
  • Mar 2, 2019 11:39am Mar 2, 2019 11:39am
Quoting FXCyborg
{quote} To add, notice the several wicks created by the GBPUSD as noted in the image? That's where there is selling liquidity, so I will be buying back to that level and sell again. ATB & GL
Just can't thank you enough FXCyborg
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