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Dane replied Feb 22, 2019Hi, All respect to FXC, here's a trade I took on the EUR/CAD M5 with consideration to H1 and D1 charts and my reasoning. I understand that FXC wants clean charts, on this occasion I have added some drawings complete with text to help explain the ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 22, 2019ejiexe, In my view both trades were taken in random areas. The set up is the set up, if you deviate from it you may get lucky some of the time, probabilities suggest you will lose more than you win. FXC will start talking about confluence soon which ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 22, 2019Statallin, Well played D...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 22, 2019Statallin, My thoughts exactly
D...High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 21, 2019FXC, Respect to FXC, that's what I'm talking about.. D...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 20, 2019FXC, You know that people will get confused by this...
D...High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 20, 2019FXC. All respect to you FXC, I have read this thread front to back four times now, people are misunderstanding because the information is either incomplete or it changes. To help everyone is it possible to note down you trading regime at post one so ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 20, 2019FXC, Good to see more charts with actual trades. Regarding this chart below I wonder if you would explain why you took the short trade, please see detail on chart. image All the best D...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 20, 2019Hi, Reasons to take trade 1. Supply on higher time frames 2. Selling off big round number 3. Local down trend (lower highs) 4. Three bar set up 5. Price moved away quickly (sellers) 6. Highlight set up 7. Price came back quickly 8. Place pending ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 19, 2019FXC, Thanks again for stopping by to educate those who have invested their time to learn from you specifically. Also thanks for the example picture in the post I'm quoting, it helps many in here to gain a much better understanding of what your ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 17, 2019HI FXC, Thanks for your input. I always analyse the trades taken whether winner, loser or not taken to narrow down what I should and shouldn't be doing. The losses incurred were down to the following; 1. Subtle trend changes 2. Trading loose ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019cfudge, The M30 has a very different dynamic to the M5. The questions you ask can be answered by you testing these out for yourself then posting your own trades for a critique. A question for you, when learning to ride a bike, what one thing did you ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019Jack411, Thanks... Spot on, I've taken the time to read, understand and test what everyone else here has access to. Trading is a very personal journey, the reality is it can take years to achieve any sort of success. Why?? The incontrovertible truth ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019Tripper, Typically I check back just before the New York session closes. We want price to move away and come back to prove that this area is important, we want to be on the right side of the process happening behind the scenes. You're welcome! D...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019Simply-Me, Thanks... Some of my ideas around money management when looking at R:R (Risk to reward); Market structure Instrument being traded Time frame All the best D...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019USfantasy, I've edited my post to include more detail including a screen shot of one of my trades. On this occasion my post isn't to educate but rather encourage, I have nothing to gain or lose. All the best D...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019Aaven. Thanks... I watch the session that starts with the London open. This week I traded four sessions, I place set and forget trades over an hour or two dependent on what is happening with the markets The trades I took are all in line with FXC's ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019Sirwolf, Thanks... I start looking at H4 down to M1, I trade major, minor and cross currency pairs as well as the indices in particular the GER30, US30 All the best D...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019Galactico, Thanks... My platform shows pips whether it be currencies, indices etc, I wouldn't sweat the small stuff, it won't make any difference pulling the trigger! Averaging out my trades doesn't makes sense, you're making assumptions while being ...
High Level Accuracy Method With Little To NO Draw-down
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Dane replied Feb 16, 2019Cossy, Thanks... I start from H4 and work my way down to the M1 with trades taken on all those time frames. SL, TP and R:R (Minimum 1:2) have to be adjusted accordingly to suit the instrument your trading. All the best D...
High Level Accuracy Method With Little To NO Draw-down