Simple test for you to do.

Close your eyes. Draw the bow to your anchor, keeping your head erect. Open your eyes. You should be looking right thru your peep. If not, move the peep until youARE looking thru it when you do that test.

If you can't touch your nose to the string when you hold your head erect, then forget that third anchor reference. I've always thought that 3 references is pretty much overkill anyway. Nice if you can do it, but not really necessary.

Besides, with how short most bows are these days, you'd have to have a nose like a collie to touch it to the string and keep good form.Or, like Paul mentioned,your draw length would have to be way too long in order to get it that close to your schnoz.