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3 Bar Fractal Break

  • #381
  • Mar 20, 2020 4:33am Mar 20, 2020 4:33am
Quoting dazjw2311
Ill open a telegram group to notify of interested parties of webinars. Ill do more in there too
Hi Daz, Thanks for a great system and forum. I would like to join whatever telegram/webinar you are doing.
Good trading.
Galatians VI As you sow so shall you reap.
  • #382
  • Mar 20, 2020 5:09am Mar 20, 2020 5:09am
Out a bit early on this one; +28
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Everything should be made as simple as possible, but no simpler - Einstein
  • #383
  • Mar 20, 2020 5:25am Mar 20, 2020 5:25am
Quoting peterhenders
{quote} count me in mate
and me mate
  • #384
  • Mar 20, 2020 7:39am Mar 20, 2020 7:39am
Quoting dazjw2311
Ill open a telegram group to notify of interested parties of webinars. Ill do more in there too
Yes I’m interested. Please let us know, thanks
  • #385
  • Mar 20, 2020 8:07am Mar 20, 2020 8:07am
Dazjw2311,

Thought I would share one last idea on your great trading method. After this I will probably just follow along as I have my own method of trading & will stay focused on that method. Along with using Bollinger Bands I have found these 1234 Patterns located at the Logical Levels/ Round Numbers Levels such as 00-50. Example
1200 & 1250 levels. Find a Sweet Spots indicator load it on your chart & the pattern there. As you know the Big Players are always using their tricks at these levels. Just as with any method these patterns will fail at times. Nothing is 100% accurate in this business. I have found when you locate these patterns after a strong move UP or DOWN they usually work out in your favor. The odds are more in your favor after a strong move & even after a 50% retracement. When price moves say 10-20 points ABOVE the 00-50 Levels look for the patterns. When Price is rejected at those levels look for the patterns.

These are just my views & observations & nothing more. The patterns are there. You have to find how to best trade them & which patterns are mostly likely to work.

Below is a great Sweet Spot indicator for everyone. Hope this helps those trading this method.

Best of trades to you Dazjw2311 & everyone.
Attached File(s)
File Type: mq4 SDX-SweetSpots_Digit_Adjust.mq4   3 KB | 840 downloads
  • #386
  • Mar 20, 2020 9:09am Mar 20, 2020 9:09am
Quoting dazjw2311
Ill open a telegram group to notify of interested parties of webinars. Ill do more in there too
This is how I trade these 3 bar fractal breaks. But I usually trade the breaks of candle 3. I will be using yours too. When I have the directional bias locked, I also consider candle 4 when its an inside bar (powerful coil setup).
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  • #387
  • Mar 20, 2020 10:52am Mar 20, 2020 10:52am
Yo cool traders here,i am opening a telegram channel and invite you all,few traders can take the adminships to run and maintian the decorum of the group.

please look telegram for 3 Bar Fractal Break and join,good luck,green pips!
  • #388
  • Mar 20, 2020 11:58am Mar 20, 2020 11:58am
EURUSD Today
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StuUK
  • #389
  • Mar 20, 2020 1:28pm Mar 20, 2020 1:28pm
Quoting T4Trade
Yo cool traders here,i am opening a telegram channel and invite you all,few traders can take the adminships to run and maintian the decorum of the group. please look telegram for 3 Bar Fractal Break and join,good luck,green pips!
Could you share the link of the telegram group? Tried searching for it but cant find it.
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #390
  • Mar 20, 2020 2:13pm Mar 20, 2020 2:13pm
Quoting WindFreeze10
{quote} Could you share the link of the telegram group? Tried searching for it but cant find it.
i couldnt make the link,please add my id shen ali 00258842906428. i iwll add u to the group and then plz osmeone make a link of that group,i couldnt do it for some unseen reasons.
  • #391
  • Mar 20, 2020 2:13pm Mar 20, 2020 2:13pm
GU was a pleasure to work with today using the 15/5 and 5/1 combos, some inevitable losses but came out nicely on top. With the current climate and ridiculously huge ranges it's a good time to be trading if you have the right tools i.e your method, Daz.

I'd be keen to get involved with the planned webinars and Telegram group etc. I did search for the one mentioned by T4Trade but as WindFreeze10 mentioned it doesn't seem to come up in a search.
  • #392
  • Mar 20, 2020 9:00pm Mar 20, 2020 9:00pm
Hello dazjw2311 was it possible to view this entry for euros with a transfer to the weekend?
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  • #393
  • Mar 20, 2020 10:03pm Mar 20, 2020 10:03pm
did a backtest for a short period and found this method to be worthwhile. Just one question. Is the number 2 bar the highest or lowest of the three bars? Please see my chart and appreciate a confirmation please. Thank you
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  • #394
  • Edited 4:54am Mar 21, 2020 3:33am | Edited 4:54am
Quoting 6060
did a backtest for a short period and found this method to be worthwhile. Just one question. Is the number 2 bar the highest or lowest of the three bars? Please see my chart and appreciate a confirmation please. Thank you {image}
Break of Hi/Lo of Bar-4

https://www.forexfactory.com/showthread.php?t=985306

Sorry, I misunderstood your question. You are right, the lowest/highest.
  • #395
  • Mar 21, 2020 4:23am Mar 21, 2020 4:23am
Quoting 6060
is the number 2 bar the highest or lowest of the three bars? Please see my chart and appreciate a confirmation please. Thank you {image}
yes bar 2 is the apex of the three bars.
ITB - Seeing Orderliness amongst 'Randomness'
  • #396
  • Mar 21, 2020 6:28am Mar 21, 2020 6:28am
Quoting shiva
{quote} Break of Hi/Lo of Bar-4 https://www.forexfactory.com/showthread.php?t=985306 Sorry, I misunderstood your question. You are right, the lowest/highest.
thanks and also inthebox.
  • #397
  • Mar 21, 2020 8:16am Mar 21, 2020 8:16am
Quoting 6060
did a backtest for a short period and found this method to be worthwhile. Just one question. Is the number 2 bar the highest or lowest of the three bars? Please see my chart and appreciate a confirmation please. Thank you {image}

6060, Spot on. You showed what I described in an earlier post about using Bollinger Bands & looking for these patterns at price extremes & when the bands constrict in a price consolidation mode. Patterns in these areas seem to work well, but nothing is going to be 100% accurate.

Take a look at the indicator I shared in post #385. Patterns seem to form around the logical levels/ round numbers (00-50) that this indicator will plot on your chart.

Just sharing my views.
  • #398
  • Mar 21, 2020 9:19am Mar 21, 2020 9:19am
Hi Daz

Very nice system you have found.

Would be nice if we could make the indicators multi time frame

Cheers

Eamonn.
  • #399
  • Mar 21, 2020 10:09pm Mar 21, 2020 10:09pm
Quoting acetrader
{quote} 6060, Spot on. You showed what I described in an earlier post about using Bollinger Bands & looking for these patterns at price extremes & when the bands constrict in a price consolidation mode. Patterns in these areas seem to work well, but nothing is going to be 100% accurate. Take a look at the indicator I shared in post #385. Patterns seem to form around the logical levels/ round numbers (00-50) that this indicator will plot on your chart. Just sharing my views.
I am using Bollinger Band and actually I do not use the squeeze. But when I see price hugging either the lower or upper band so I ride on the trend instead of counter trend (reversal) which this thread is all about. We can take this off line so as not to introduce something that is not the plan of this thread.

Lets not talk about other strategy that is not in this thread for respect of the originator. thank you.
  • #400
  • Mar 22, 2020 4:37pm Mar 22, 2020 4:37pm
https://t.me/ThreeBarFractalBreak please join this link to share the 1234 break setups,so we have more opportunities from 31 pairs n tools.thanks!
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