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D1 Elasticity Pullback Trading

  • #61
  • Jan 11, 2020 10:47am Jan 11, 2020 10:47am
Quoting kingsfort
{quote} Thanks Dagaco, If this fractals are not repainted, this is 99% winning system on weekly chart.{image}
The fractals indi is based on zigzag as shown in the picture. The yellow ones are mt4 fractals and once they are formed they dont repaint. Check post 17 to understand the redrawn issue of the V formations

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What makes the system powefull is the combination of confirmations from elasticity, fractal formations and stop orders. All this confluence keeps you away of bad trades and on D1 or weekly charts the recalculation is minimal on most of the trades compared to M15 or any lower TF beheaviour

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  • #62
  • Edited 11:14am Jan 11, 2020 11:01am | Edited 11:14am
And yes if you have the proper account size to trade weekly charts this is a cash machine system. Check the picture. As you can see on weekly charts with stop orders this a killer

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  • #63
  • Edited 1:08pm Jan 11, 2020 11:17am | Edited 1:08pm
Quoting ghbdr
And yes if you have the proper account size to trade weekly charts this is a cash machine system. Check the picture. As you can see on weekly charts with stop orders this a killer {image}
Where is "elasticity" here?

Also: When elasticity occurs, it has to occur ONLY on fast stoch (green line far from the red) or it also can be the slow stoch (red line far from the green)
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  • #64
  • Jan 11, 2020 11:22am Jan 11, 2020 11:22am
Quoting MrGreen95
{quote} Where is "elasticity" here? Also: When elasticity occurs, it has to occur ONLY on fast stoch (green line far from the red) or it also can be the slow stoch (red line far from the green) {image}
Check post 29. This is a elastic divergence setup. You have a new HH then n pullback, elasticity and divergence between stochs. All those elements happened during the pullback. That the only thing that matters. They are just confirmation tools
Trade what you see
  • #65
  • Jan 11, 2020 11:31am Jan 11, 2020 11:31am
hallo ghbdr,

May you explain further about JrcMOD_Farctal?

Or

Please direct where can I learn about JrcMOD_Fractal , how is it formed?

as we know, the default fractal is formed when it has 2 lower high between it.

Thanks
  • #66
  • Jan 11, 2020 11:43am Jan 11, 2020 11:43am
Quoting antonsatu
hallo ghbdr, May you explain further about JrcMOD_Farctal? Or Please direct where can I learn about JrcMOD_Fractal , how is it formed? as we know, the default fractal is formed when it has 2 lower high between it. Thanks
This thread analyze the principles of zig zag indi

https://www.forexfactory.com/showthread.php?t=474108
Trade what you see
  • #67
  • Jan 11, 2020 11:46am Jan 11, 2020 11:46am
Some actual cases for elastic divergences and V formations completed on weekly charts. This give you possible trend direction for long term bias

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  • #68
  • Jan 11, 2020 11:56am Jan 11, 2020 11:56am
Quoting ghbdr
USDCAD right now. A major swing low has broken. So break and retest setup plus hidden divergence and elasticity. If third candle closes and confirms v formation I will place A SELL STOP order {image}
very interested by this system. Was looking at USDCAD and saw a potential setup and in reading over the thread saw you posted it already. So i think i have the hang of it.

Is this set up NZDCHF a potential buy
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  • #69
  • Jan 11, 2020 12:10pm Jan 11, 2020 12:10pm
Quoting furgz1129
{quote} very interested by this system. Was looking at USDCAD and saw a potential setup and in reading over the thread saw you posted it already. So i think i have the hang of it. Is this set up NZDCHF a potential buy {image}
You didnt measure the stoch properly. You have an elastic divergence setup on play

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  • #70
  • Jan 11, 2020 12:16pm Jan 11, 2020 12:16pm
ghbdr,

Thanks for your reply...

So JrcMOD_FRACTALS is not a fractal. BUt, it is a Zig Zag?

Please elaborate...

Thanks


Quoting ghbdr
{quote} This thread analyze the principles of zig zag indi https://www.forexfactory.com/showthread.php?t=474108
  • #71
  • Jan 11, 2020 12:31pm Jan 11, 2020 12:31pm
Quoting antonsatu
ghbdr, Thanks for your reply... So JrcMOD_FRACTALS is not a fractal. BUt, it is a Zig Zag? Please elaborate... Thanks {quote}
Exactly . The indicator alerts you of The inminent reversal but is not confirmed till fractal formation (v shape candle 1 2 3) is completed
Trade what you see
  • #72
  • Jan 11, 2020 12:39pm Jan 11, 2020 12:39pm
Thank you very much...

Quoting ghbdr
{quote} Exactly . The indicator alerts you of The inminent reversal but is not confirmed till fractal formation (v shape candle 1 2 3) is completed
  • #73
  • Jan 11, 2020 1:07pm Jan 11, 2020 1:07pm
Quoting ghbdr
{quote} I have two times the fractal indi loaded on charts. Lighter one with period 8 and black with 25 period

Anyway, what is the function of 8 period fractal? Do you wait both 8 and 25 appear on same candle or what?
  • #74
  • Jan 11, 2020 1:54pm Jan 11, 2020 1:54pm
Quoting MrGreen95
{quote} Anyway, what is the function of 8 period fractal? Do you wait both 8 and 25 appear on same candle or what?
Check post 61. Period 25 shows big swings. Within those big swings, smaller ones appears in the form of retracements. Period 8 shows those smaller retracements inside the big swing movement
Trade what you see
  • #75
  • Jan 11, 2020 2:03pm Jan 11, 2020 2:03pm
Quoting ghbdr
{quote} Exactly

It needs just to be little separated to be a valid setup, or the separation must be big? And we look only the fast stoch, right?
  • #76
  • Jan 11, 2020 2:04pm Jan 11, 2020 2:04pm
Quoting ghbdr
{quote} Check post 61. Period 25 shows big swings. Within those big swings, smaller ones appears in the form of retracements. Period 8 shows those smaller retracements inside the big swing movement

Thank you for your time and sorry if i ask questions. But better asking now, so other ppl will find all the answers in the first pages
  • #77
  • Jan 11, 2020 3:32pm Jan 11, 2020 3:32pm
Quoting Niedermaier
Could you please Tell a bit more about your Moneymanagement ? Thanks for the great Work.
I compound part of the profits each month. My max exposure on all open trades is 10% account. When I double the account I increase by 50% my lot size on each trade.
I have a 50% monthly growth target. When the goal is achieved I reduce my lot size till the end of the month to a max 5% total exposure.

Here you can see an excel that I use to project my goals long term based .Its a compunding calculator. My approach is more conservative but you can see on the picture the compounding approach for a 50K account. I like to increase 50% lot size when account doubled and all the stops are based on that 10% max exposure of the account, updated each month


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Trade what you see
  • #78
  • Jan 11, 2020 3:35pm Jan 11, 2020 3:35pm
The picture is not realistic cause the withdrawl amount is set to 100$ each month but you can set your numbers and make a realistic plan for the next years
Trade what you see
  • #79
  • Jan 11, 2020 8:37pm Jan 11, 2020 8:37pm
Quoting ghbdr
EURUSD Long setup developing. If the HL holds and a V formation completes will place a buy order but we will see next week {image}
hi ghbdr. i have a question on this post about the eurusd. i know that you are waiting for the long setup to complete, but i noticed that on the weekly timeframe there is also a short setup developing as well. do you use any mtf analysis of any kind? im interested in trading daily and weekly setups but not if they are contradicting. will you take a look and tell me what you think? thanks in advance and very interested in your trading method
  • #80
  • Jan 12, 2020 3:10am Jan 12, 2020 3:10am
Quoting ewebb205
{quote} hi ghbdr. i have a question on this post about the eurusd. i know that you are waiting for the long setup to complete, but i noticed that on the weekly timeframe there is also a short setup developing as well. do you use any mtf analysis of any kind? im interested in trading daily and weekly setups but not if they are contradicting. will you take a look and tell me what you think? thanks in advance and very interested in your trading method
The D1 trade is a kind of countertrend one. I see it as the last trade of the old trend. After the last retrace I expect a LH to develop. This would be the start on the weekly trend on D1. Anyway you can wait for price to retrace and jump in on the next LH to the weekly down bías for a trend trade
Trade what you see
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