3 Bar Fractal Break | Forex Factory

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Attachments: 3 Bar Fractal Break
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3 Bar Fractal Break

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  • #1
  • First Post: Edited May 10, 2020 7:07am Mar 9, 2020 12:20pm | Edited May 10, 2020 7:07am
Please see picture for rules

Please subscribe to my youtube channel for pre market analysis for weekly direction and updates. I will be doing tuesday evening video updates for rest of week market direction.
https://www.youtube.com/channel/UCd7...7t_7KrQ/videos

Very simple and very powerful. Huge expansion once high of bar 4 is breached.

MOST PROBABLE SET UPS FORM ON DAILY AND H4 CHARTS

PLEASE PRACTICE SET UPS TO GET USED TO PATTERN ON LOWER TIME FRAMES ON DEMO. THIS GETS YOU CONFIDENT ON BIGGER TIME FRAMES

+++++ PRIVATE GROUP IS NOW CLOSED UNTIL PEOPLE DROP OUT. SORRY. PLEASE DONT ASK ON PRIVATE MESSAGE. ILL SEE AND NOTE WHO IS POSTING TRADES AND SET UPS AND WILL BE MESSAGED TO JOIN . ++++++++++++++++++++++++++++++++++++++++++

Inserted Video
3 BAR FRACTAL BREAK TRAINING WITH GROUP RECORDING
Attached Image (click to enlarge)
Click to Enlarge Name: qstXVuc.png Size: 37 KB
  • #2
  • Mar 9, 2020 12:21pm Mar 9, 2020 12:21pm
https://i.imgur.com/z9K8LZ8.png

todays trade on dax
  • #3
  • Mar 9, 2020 12:22pm Mar 9, 2020 12:22pm
https://i.imgur.com/Z0JJzZN.png

Same price action over and over again.

i will update trades daily if i get chance
  • #4
  • Edited Mar 10, 2020 12:50pm Mar 9, 2020 1:10pm | Edited Mar 10, 2020 12:50pm
5m SET UPS
https://i.imgur.com/fQIM2cF.png

1m ENTRIES from above set ups
Attached Image(s) (click to enlarge)
Click to Enlarge Name: fQIM2cF.png Size: 38 KB
Click to Enlarge Name: 1mom5pB.png Size: 35 KB
  • #5
  • Mar 9, 2020 1:30pm Mar 9, 2020 1:30pm
Quoting dazjw2311
Please see picture for rules https://i.imgur.com/qstXVuc.png Very simple and very powerful. Huge expansion once high of bar 4 is breached. My entry is based from 5m chart price action, enter on m1 when one minute candle closes above bar 4 on m5 chart. If anyone can create an ea to alert you then this would be great.
Very impressive is this work on currency pair ?
  • #6
  • Mar 9, 2020 1:35pm Mar 9, 2020 1:35pm
yes any curency pair, if you see this set up on daily, enter on h1 or h4 and the pips are huge
  • #7
  • Mar 9, 2020 2:00pm Mar 9, 2020 2:00pm
Quoting dazjw2311
yes any curency pair, if you see this set up on daily, enter on h1 or h4 and the pips are huge
Could you please explain what you mean in details. Thanx in advance!
  • #8
  • Edited Mar 10, 2020 12:50pm Mar 9, 2020 2:10pm | Edited Mar 10, 2020 12:50pm
https://i.imgur.com/MytwH0K.png

Please see example, set up on daily, enter on h4
Attached Image (click to enlarge)
Click to Enlarge Name: MytwH0K.png Size: 39 KB
  • #9
  • Mar 9, 2020 3:19pm Mar 9, 2020 3:19pm
Quoting dazjw2311
https://i.imgur.com/MytwH0K.png Please see example, set up on daily, enter on h4
Got it. Thanx. What about SL and TP? Do you use them? How do you manage your oen trades?
  • #10
  • Mar 9, 2020 3:33pm Mar 9, 2020 3:33pm
Quoting dazjw2311
Please see picture for rules https://i.imgur.com/qstXVuc.png Very simple and very powerful. Huge expansion once high of bar 4 is breached. My entry is based from 5m chart price action, enter on m1 when one minute candle closes above bar 4 on m5 chart. +++++++++CAN ANY PROGRAMMER CREATE AN ALERT FOR THIS PATTERN. WOULD GIVE AMAZING SET UPS ON HIGHER TIME FRAME++++++++++++
nice mate, do you have indicator?
  • #11
  • Edited Mar 10, 2020 12:51pm Mar 9, 2020 3:41pm | Edited Mar 10, 2020 12:51pm
previous bar SL 2-1 risk reward but try whats suits your style

https://i.imgur.com/48pf9T8.png
Attached Image (click to enlarge)
Click to Enlarge Name: 48pf9T8.png Size: 33 KB
  • #12
  • Mar 9, 2020 3:41pm Mar 9, 2020 3:41pm
Any indicator for this? with fix stop loss and TP?
  • #13
  • Mar 9, 2020 3:50pm Mar 9, 2020 3:50pm
No because your stop loss TP will differ each trade
  • #14
  • Mar 9, 2020 3:59pm Mar 9, 2020 3:59pm
Looks like a 2-bar up/1-bar down and 2-bar down/1-bar up pattern. Pretty easy to see on the chart, actually.
  • #15
  • Mar 9, 2020 8:20pm Mar 9, 2020 8:20pm
Hey Daz,
Thanks for sharing. Looks easy to spot and profitable too.
See if this helps. A reversal indicator from Liovannix.
Attached File(s)
File Type: ex4 Reversal 1.ex4   17 KB | 2,901 downloads
Perfidious Pips
  • #16
  • Mar 9, 2020 8:50pm Mar 9, 2020 8:50pm
Quoting northwind
Hey Daz, Thanks for sharing. Looks easy to spot and profitable too. See if this helps. A reversal indicator from Liovannix. {file}
this indicator is not what is shown above,huh
  • #17
  • Mar 9, 2020 10:54pm Mar 9, 2020 10:54pm
Hi Daz
I have few questions..
1) What if the 3rd candle is broken by 5th or 6th or more candle instead of 4th candle, is it still a valid setup?

2) What if the 4th candle breaks 3rd candle by 1 or 2 pips, is it still a valid setup?

3) What if the 2nd & 3rd candle have equal high or low, do you count 3rd candle as 2nd candle OR the 3rd candle is counted as 3rd candle?
thx
  • #18
  • Mar 9, 2020 11:03pm Mar 9, 2020 11:03pm
Quoting ChicagoRob
Looks like a 2-bar up/1-bar down and 2-bar down/1-bar up pattern. Pretty easy to see on the chart, actually.
Just want to make it clear. If '2-bar up/1-bar down' pattern then the 4th candle should be not break up right?


Regards,
Tom
  • #19
  • Mar 10, 2020 3:27am Mar 10, 2020 3:27am
Quoting tomdachi
{quote} Just want to make it clear. If '2-bar up/1-bar down' pattern then the 4th candle should be not break up right? Regards, Tom
That’s my understanding from looking at the examples. Bar 4 must break bar 3 to the downside(enter at low of bar 4).
  • #20
  • Mar 10, 2020 3:39am Mar 10, 2020 3:39am
Quoting ChicagoRob
{quote} That’s my understanding from looking at the examples. Bar 4 must break bar 3 to the downside(enter at low of bar 4).
though ambiguous, makes more sense that bar 4 has to close below bar 3 low accordingly to post 1 picture.
Attached Image (click to enlarge)
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