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D1 Elasticity Pullback Trading

  • #361
  • Jan 28, 2020 5:45am Jan 28, 2020 5:45am
Quoting Alex1055
{quote} For example ,your balance is 10k,your maximum,average Leverage on trading?example,If you trading with 1 lot,all trades,then you have 10 leverage,and you are..? Alex
Exactly. I trade with 1:200 MAX LEVERAGE. So if I open one single 10 lot trade with 1.200 leverage I need $5507.70000 free margin aprox to open the trade. So with a $200k account trading 10 lots max 2.5% risk per trade with 50 pips stoploss for example to a max 4 trades to reach 10% risk account
Trade what you see
  • #362
  • Jan 28, 2020 8:10am Jan 28, 2020 8:10am
Hello, I found your method very interesting and I am analyzing the graphics.
Is this entry that I marked valid?
Attached Image (click to enlarge)
Click to Enlarge Name: sellGA.png Size: 56 KB
  • #363
  • Jan 28, 2020 9:15am Jan 28, 2020 9:15am
Hi ghbdr,

thanks for your excellent trading method and willingness to share here and help others.

I have a few questions, if you don't mind:

1) You mentioned, you trade many pairs, gold etc. Is it fair to assume, you trade the 28 "major" pairs and then 5-10 other like gold, oil etc?

2) I have read the thread a few times and also the pdf you kindly compiled. I still struggle to understand the concept of the HH LL failure. To me
it "just" looks like new highs or lows....

On page 16 in the pdf you mention :

"More examples of the HHLL Failure. The cream arrows are a custom indi that spots this
phenomenon. You can easily backtest the confluence of elasticity and failures. Most are winners
on D1 trading"

Can you please try to explain again the HHLL failure, or/and alternatively let us know how/where to buy that indicator if possible.

Thanks a lot in advance,

PC
Less is more...
  • #364
  • Jan 28, 2020 9:17am Jan 28, 2020 9:17am
Quoting wendvieira
Hello, I found your method very interesting and I am analyzing the graphics. Is this entry that I marked valid? {image}
Its not valid. Read the PDF carefully to learn the different trade types
Trade what you see
  • #365
  • Jan 28, 2020 9:25am Jan 28, 2020 9:25am
Quoting pipcruiser
Hi ghbdr, thanks for your excellent trading method and willingness to share here and help others. I have a few questions, if you don't mind: 1) You mentioned, you trade many pairs, gold etc. Is it fair to assume, you trade the 28 "major" pairs and then 5-10 other like gold, oil etc? 2) I have read the thread a few times and also the pdf you kindly compiled. I still struggle to understand the concept of the HH LL failure. To me it "just" looks like new highs or lows.... On page 16 in the pdf you mention : "More examples of the HHLL Failure. The cream...
A HH failure day candle is a new high that closes as bear hammer, pinbar type candle. During the day bulls controlled the market but they where beaten by bears that came agressively to win the day candle closing It bearish. The tail of that candle shows the previous bull control and the Next bear control taking. A LL failure candle is the opposite concept. I trade only Major pairs: GBPusd, gbpjpy, usdchf, Usdcad, eurusd, Usdjpy, Audusd, crude oil, gold,silver and índices like sp500, Dax, Aus200
Trade what you see
  • #366
  • Jan 28, 2020 9:31am Jan 28, 2020 9:31am
Quoting ghbdr
{quote} A HH failure day candle is a new high that closes as bear hammer, pinbar type candle. During the day bulls controlled the market but they where beaten by bears that came agressively to win the day candle closing It bearish. The tail of that candle shows the previous bull control and the Next bear control taking. A LL failure candle is the opposite concept. I trade only Major pairs: GBPusd, gbpjpy, usdchf, Usdcad, eurusd, Usdjpy, Audusd, crude oil, gold,silver and índices like sp500, Dax, Aus200
Thanks a lot for your swift reply.

PC
Less is more...
  • #367
  • Jan 28, 2020 9:36am Jan 28, 2020 9:36am
Quoting ghbdr
{quote} Its not valid. Read the PDF carefully to learn the different trade types
I still don't fully understand the method, it may be due to the translation because I have to translate it from English to Portuguese.

How to detect 1-2-3 candles?

Is it necessary to synchronize the fractal signal with the. 1-2-3 pattern?
  • #368
  • Jan 28, 2020 9:39am Jan 28, 2020 9:39am
Quoting wendvieira
{quote} I still don't fully understand the method, it may be due to the translation because I have to translate it from English to Portuguese. How to detect 1-2-3 candles? Is it necessary to synchronize the fractal signal with the. 1-2-3 pattern?
Yes the fractal alerts and the v shape candle 123 confirms the pattern
Trade what you see
  • #369
  • Jan 28, 2020 3:36pm Jan 28, 2020 3:36pm
Quoting ghbdr
{quote} Yes the fractal alerts and the v shape candle 123 confirms the pattern

Is this the default for entries?
Attached Image (click to enlarge)
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  • #370
  • Jan 28, 2020 3:41pm Jan 28, 2020 3:41pm
H4 HIDDEN DIV D1 LL FAILURE SETUP ON AUS200

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 49 KB
Attached Image (click to enlarge)
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Trade what you see
  • #371
  • Jan 28, 2020 3:46pm Jan 28, 2020 3:46pm
H4 hidden div D1 Elastic div LL Failure setup on SP500

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Trade what you see
  • #372
  • Jan 28, 2020 3:55pm Jan 28, 2020 3:55pm
Quoting ghbdr
H4 hidden div D1 Elastic div LL Failure setup on SP500 {image} {image}



My fractal is not the same as yours, check if my settings are right.
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Attached Image
  • #373
  • Jan 28, 2020 4:15pm Jan 28, 2020 4:15pm
Its fine. Sometimes I use 50 period to see the big swings and 5 period to spot smaller fractals but I recomend 8 and 25 (50 optional but its not needed)
Trade what you see
  • #374
  • Jan 28, 2020 4:22pm Jan 28, 2020 4:22pm
Quoting wendvieira
{quote} Is this the default for entries? {image}
Yes. Its the standard V shape entry setup. You have Two other entry types. HHLL failure and IB exception
Trade what you see
  • #375
  • Jan 28, 2020 4:28pm Jan 28, 2020 4:28pm
Quoting ghbdr
{quote} Yes. Its the standard V shape entry setup. You have Two other entry types. HHLL failure and IB exception

I still couldn't understand (HHLL failure), how to identify it.
  • #376
  • Jan 28, 2020 4:44pm Jan 28, 2020 4:44pm
Quoting wendvieira
{quote} I still couldn't understand (HHLL failure), how to identify it.
Its really easy. Fractal alert on top with the candle closing bearish pinbar/hammer for HH failure. Fractal alert below with the candle closing bullish pinbar/hammer
Trade what you see
  • #377
  • Jan 28, 2020 5:07pm Jan 28, 2020 5:07pm
Quoting ghbdr
H4 HIDDEN DIV D1 LL FAILURE SETUP ON AUS200 {image} {image}
I found the same setup for sp500 but for the AUS200 when i look at the weekly chart I found a regular divergence and no space between stoch so it might be risky, correct me if I'm wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: aus200.PNG Size: 57 KB
  • #378
  • Jan 28, 2020 10:24pm Jan 28, 2020 10:24pm
Quoting ghbdr
I've been trading Forex for 5 years. 2 years of blowing accounts like every newbie and the last 3 using my own system based on fractals, stoch elasticity hunting pullbacks on trend on D1 charts. Now I make a living out of it with a nice income and 50% growth monthly on average. Pictures talk by itselfs. For elasticity check this threads. Huge thanks to Spudfyre and boxingslife for their contribution and inspiration. Stoch elasticity is the core of my trading approach.
Thanks for creating the thread and posting your method. I've taken quite a bit of time over the last few days to read this thread, some of the other threads you posted, and the PDF. Great work by all who were and still are involved. I'll definitely follow along.

Here are a couple of questions for you:
Does the size of the gap between the two Stochastics impact any of your decision making? Meaning overall confidence in the trade, position size, etc.
Out of all the different trade setups, which is your favorite?

Michael
  • #379
  • Jan 28, 2020 11:20pm Jan 28, 2020 11:20pm
you only trade for GBPusd, gbpjpy, usdchf, Usdcad, eurusd, Usdjpy, Audusd pairs and other oil and gold etc , do you trade any pair like euraud , eurjpy?
  • #380
  • Jan 29, 2020 2:43am Jan 29, 2020 2:43am
Quoting Mermain
{quote} I found the same setup for sp500 but for the AUS200 when i look at the weekly chart I found a regular divergence and no space between stoch so it might be risky, correct me if I'm wrong. {image}
Check Monthly stoch too. Its on OB zone and with elasticity so good sign. When W1 and MN stochs are on OB/OS zone and D1 stoch is away its a MTF elasticity trade. Price tends to follow the higher TF stochs
Trade what you see
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