image Hi Mizi, This down trend. The trend may be up in a higher time frame, but you are making a long trade on a downtrend in a smaller time frame!

High Level Accuracy Method With Little To NO Draw-down

Hi Mizi, Trend is down. Why going long there? (Granted, your stop loss is below the huge support at the bottom so it may not get hit, but the point is to keep the DD as low as possible.

High Level Accuracy Method With Little To NO Draw-down

The Body of your Bearish candle (Red) needs to be larger (ie engulfing) the previous Bull candle.

High Level Accuracy Method With Little To NO Draw-down

Where is the setup?

High Level Accuracy Method With Little To NO Draw-down

I'm surprised you didn't get stopped out by that Large rejection wick! How many pips below the Low did you place your SL?

High Level Accuracy Method With Little To NO Draw-down

The issue in my opinion is not with the Bearish engulfing being at the top of the chart. The issue is the distance between that setup and today's market being so far away for a 15 minute chart. The market may or may not just touch and swing at that ...

High Level Accuracy Method With Little To NO Draw-down

Hi FXCyborg, If I am not getting off the topic, would you mind explaining what constitutes a classical order block? (presence of multiple rejection wicks? rapid exit of the price movement outside of the block? retest of the block?) And in those ...

High Level Accuracy Method With Little To NO Draw-down

Hi Aaven. In your image the trend is up. Follow the highs and the lows. If the structure keeps making higher highs and higher lows, its trending up (see the green circles and the green line ). When it starts printing lower highs and lower lows, then ...

High Level Accuracy Method With Little To NO Draw-down

Hi FxCyborg. I just got through reading the entire postings on your amazingly informative forum and I wanted to thank you for kindly sharing your vast knowledge and experience with all of your readers and commend you for your patience with repeated ...

High Level Accuracy Method With Little To NO Draw-down

Hey Davit, Look into url You can set the start time to anytime throughout the day. In addition to Daily ranges, it also gives you session ranges (useful for intraday trades within trading sessions) and shows you how much room you have above and ...

Pivot Trading

Same shortcut used with all web browser tabs

(binned per thread starter's request) Market bottom rotation trad

Please see the 15 minutes candles on the one min chart in light Pink and Light Blue. Following the second retest of the cleared Supply zone based on my observations, more often than not 1) Either the price consolidates for a few candles right above ...

(binned per thread starter's request) Market bottom rotation trad

Dale Woods (the Forex Guy) has a lot of great information on his site besides the article on PA that's worthwhile reading and his price action tool is really one of a kind and the best I have seen in the market (free trial but not for sale)! Farzad

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Hello and thank you for the thorough explanation. Here are the stats on the 100 samples I looked at today as per your recommendation: 1) 70% Grade A as per your previously established A grade criteria. 2) 56% had SL clearouts immediately before ...

(binned per thread starter's request) Market bottom rotation trad

Hi, I'd like to run one more observation I've had and hear your views on that. In the round bottom supply clear out play, I've noticed that when the first break and test of the supply zone (on M1) happens within a 15 minute bullish engulfing candle, ...

(binned per thread starter's request) Market bottom rotation trad

Hi, I just wanted to thank you for creating this Forum. I have learnt more from you than I have any other posts on here I have a quick question. When you see the SL clearout on an clear round bottom formation, why not take the trade (maybe with a ...

(binned per thread starter's request) Market bottom rotation trad

Thank you George for taking out time to analyse and respond to those questions and drawings. Regarding the distinction between a single "Money Maker" vs a Money Makers, my personal believe is that the manipulation of the market happens by one ...

Price action at the core / tma intra day

image George, please correct me if I am wrong, but I believe the area of interest are likely to be above and below the illusions of the support and resistances created by the market makers and not the ones that have already been stop loss haunted. ...

Price action at the core / tma intra day

Hi Davit, I have all my assets with Oanda as well. Would you mind expanding on why you are concerned about Oanda closing? Have you heard something? Why did they say that they are not releasing your funds back to you?

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