Third bar doesn't engluf the second, or even close below which makes the setup invalid. Plus you didn't wait for price to retrace back to the entry zone.

High Level Accuracy Method With Little To NO Draw-down

1. You placed both horizontal lines in the incorrect place. It should be on the close/open of the first two candles and on the highest of the three candles. 2. You wait for the price to revisit the nearest line, you entered simply on the closing of ...

High Level Accuracy Method With Little To NO Draw-down

Not a valid setup.

High Level Accuracy Method With Little To NO Draw-down

I'm honestly failing to see where people are getting confused it's simple. Two equal bodied bars followed by an engulfing in the opposite direction. Place a line on the close/open of the first two bars and the high/low of the engulfing depending on ...

High Level Accuracy Method With Little To NO Draw-down

Should clarify somewhat

High Level Accuracy Method With Little To NO Draw-down

Here's a picture perfect one I saw straight away.

High Level Accuracy Method With Little To NO Draw-down

I kid you not, I have just spent the last 90 minutes scowering through the EURAUD 30/1hour. The number of setups that hit stop loss at key price levels are less than 2% I'll have to test the formation out for myself in the live market, but it 100% ...

High Level Accuracy Method With Little To NO Draw-down

Been testing divergences across a currency pairs strength as a whole when the price is at a power level. Interesting results so far.

One of the most Accurate Forex Levels Indicator for MT4

My losses don't hurt me, as I've said still in the testing phase, I just prefer to trade very small versus demo as I believe demo trading is a completely different mindset. Also I notice in your GJ trade that was on a demo account, is that due to ...

One of the most Accurate Forex Levels Indicator for MT4

How do you go about entering then, so far going with the higher trend gets me stopped out a lot, trading breakouts around the levels gets me stopped out, trading against market sentiment with the higher trend also gets me stopped out more times than ...

One of the most Accurate Forex Levels Indicator for MT4

I shan't give up, I'm managing my risk effectively. Just need to get my head around figuring entry and exit methods, because so far breakouts have proven very unreliable, and the zones are definitely where the cartels are duping retail traders hence ...

One of the most Accurate Forex Levels Indicator for MT4

Was trading the EU and GU

One of the most Accurate Forex Levels Indicator for MT4

lol seconds later stopped out. Bullish momentum and direction on the Weekly,Daily,4hr, & 1hr. Entered on a divergence convergence, was up 30 pips, added to the position on a pullback following negative dollar fundamentals. & it tanks back passed ...

One of the most Accurate Forex Levels Indicator for MT4

When ya add to your winning position and it tanks back to starting price

One of the most Accurate Forex Levels Indicator for MT4

Trading with the general higher time frame, using the short term levels to get in on pullbacks/breakouts. But seems I price whipsaws around these levels and I'll get stopped out more times than not.

One of the most Accurate Forex Levels Indicator for MT4

Can't seem to get the hang of entering based on the levels hmm..

One of the most Accurate Forex Levels Indicator for MT4

You're looking for pairs which are extremely one sided then looking at the chart direction on the 3 timeframes and trading on a pullback, I see that makes sense now thank you for clearing that up for me

One of the most Accurate Forex Levels Indicator for MT4

Funny enough I was looking at TDO not too long ago. So how have you gone about implementing it with the Power Levels? I assume when all 5 TDO panel cycles are bullish or bearish you trade the levels accordingly? Also, I've noticed you've mentioned ...

One of the most Accurate Forex Levels Indicator for MT4

Do you have any info on the methods you use to enter around these zones? The youtube videos and the extra info in the pack is a tad vague. Cheers

One of the most Accurate Forex Levels Indicator for MT4

Still profitable on the week testing different approaches so no biggie, appreciate the feedback/point of view!

One of the most Accurate Forex Levels Indicator for MT4