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3 Bar Fractal Break

  • #881
  • Apr 8, 2020 2:25pm Apr 8, 2020 2:25pm
Quoting Chroniclez
Hi Daz, you mainly trade hourly and m15?
only on wednesday thursday when above or below the 50% range of monday and tuesday. if not, h4 set up 1hr entry
  • #882
  • Apr 8, 2020 3:01pm Apr 8, 2020 3:01pm
Quoting Blaxst3r
Watching to see how the Daily and next 2 H4 candles close {image}
Daz Blaxst
Can you tell me please in this GU trade having got your candle close above the fourth candle are you then waiting for a pullback to enter the trade for better entry???
Thank you.
  • #883
  • Apr 8, 2020 3:31pm Apr 8, 2020 3:31pm
Quoting Brian214
{quote} Daz Blaxst Can you tell me please in this GU trade having got your candle close above the fourth candle are you then waiting for a pullback to enter the trade for better entry??? Thank you.
Yessir, After i seen the candle that closed above 4th candle high on H1. I waited for pull back to the Order block of the leg that broke the H4 candle high for a better entry. Although i missed where i really wanted to enter by 20 pips forgot what i was doing at the time (usually use pendings for this but oh well still in). Anywhere in the green is PRIME trading entry. You can also draw fib from Swing low of the leg that broke candle 4 high and wait for at least 50% retracement for better entry as well. But price wont ALWAYS retrace back so you cna miss some trades trying to enter with these methods. If they do though it privides great risk reward ratios. I normally dont take a trade unless i have at least 1:3.
Attached Image (click to enlarge)
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  • #884
  • Apr 8, 2020 3:59pm Apr 8, 2020 3:59pm
Quoting Blaxst3r
{quote} Yessir, After i seen the candle that closed above 4th candle high on H1. I waited for pull back to the Order block of the leg that broke the H4 candle high for a better entry. Although i missed where i really wanted to enter by 20 pips forgot what i was doing at the time (usually use pendings for this but oh well still in). Anywhere in the green is PRIME trading entry. You can also draw fib from Swing low of the leg that broke candle 4 high and wait for at least 50% retracement for better entry as well. But price wont ALWAYS retrace back...

you seem to have got the ICT theory already lol. Yes i get what your saying. but this strategy when the 4th candle is breached, means a huge expansion. so it dont pull back. market is mad at the moment. indexes against each other. its clever you done that. its safe and a good strategy when this pattern happens. however, it hardly pulls back and shoots off ( normally ) its doing it alot in this virus shit . its good you noticed it and trade it that way if you want. it works. My strategy can work with other strategies. Thats why i teach the pattern. make it your own
  • #885
  • Apr 8, 2020 4:15pm Apr 8, 2020 4:15pm
Quoting dazjw2311
{quote} you seem to have got the ICT theory already lol. Yes i get what your saying. but this strategy when the 4th candle is breached, means a huge expansion. so it dont pull back. market is mad at the moment. indexes against each other. its clever you done that. its safe and a good strategy when this pattern happens. however, it hardly pulls back and shoots off ( normally ) its doing it alot in this virus shit . its good you noticed it and trade it that way if you want. it works. My strategy can work with other strategies. Thats why i teach the...

Yeah i noticed it while backtesting there usually arent many pullbacks in your method its usually instant expansion. But for the H4 and higher timeframes id rather wait for the ones that do because the RR is just amazing. Honestly ever since you made this thread i've been entering using your method for scalps, and swings. This is GOLDEN.
  • #886
  • Apr 8, 2020 4:27pm Apr 8, 2020 4:27pm
Quoting Blaxst3r
{quote} Yeah i noticed it while backtesting there usually arent many pullbacks in your method its usually instant expansion. But for the H4 and higher timeframes id rather wait for the ones that do because the RR is just amazing. Honestly ever since you made this thread i've been entering using your method for scalps, and swings. This is GOLDEN.
thank you mate. As i said theres no golden rules apart from the 4th candle. use it to how you feel will make you profitable
  • #887
  • Apr 8, 2020 7:19pm Apr 8, 2020 7:19pm
EUR-USD time frame H4 pair. As you can see this method applies in trend markets and even against trend. Here are the entries in the last two weeks with great potential. And if we apply compound interest to each re-entry within the same trend, it would be a moving snowball.
With the fractal indicator it is easier to identify the possible entries, you only have to validate candle No. 4
Thanks mr. Dazjw for sharing his knowledge.
Attached Image (click to enlarge)
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  • #888
  • Apr 8, 2020 7:48pm Apr 8, 2020 7:48pm
AUD-USD on H4. Right now it is giving an entry pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-08 AUD-USD H4.png Size: 94 KB
  • #889
  • Apr 8, 2020 7:52pm Apr 8, 2020 7:52pm
AUD-USD on H1. Right now it is giving an entry pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-08 AUD-USD H1.png Size: 93 KB
  • #890
  • Apr 8, 2020 7:54pm Apr 8, 2020 7:54pm
Quoting cesar8
AUD-USD on H4. Right now it is giving an entry pattern. {image}
you bet me to it was just about to post lol

https://www.tradingview.com/x/qfcKjWSz/


GJ also looking good
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  • #891
  • Apr 9, 2020 12:40am Apr 9, 2020 12:40am
Quoting Blaxst3r
{quote} You would use the one with the lowest low. Because once the first ones low was broken that swing low became invalid.
Hi Blaxst3r,
Thank you very much for answering my question. It is clear now. Thank you.
  • #892
  • Apr 9, 2020 2:03am Apr 9, 2020 2:03am
Tried my hand on it, on the NZDUSD M5, entry on M1. Worked like a charm.
red dots are the 3 fractal, 4th dot High is my entry. bag some amount of pips today. Thank man!
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Don't bet the farm house.
  • #893
  • Edited Apr 10, 2020 2:29am Apr 9, 2020 5:23am | Edited Apr 10, 2020 2:29am
There is one place left in my private discord that is free due to releasing someone. I am monitoring who is is on here posting charts and trades. i will invite who i feel is participating the most.
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  • #894
  • Apr 9, 2020 8:43am Apr 9, 2020 8:43am
Anyone that followed my weekly analysis videos and took trades i forecasted in the video analysis would find themselves 300 pips at least in profit by now

ill do another video outlining before and afters and a recap of this week tomorrow night
  • #895
  • Apr 9, 2020 8:53am Apr 9, 2020 8:53am
Quoting dazjw2311
Anyone that followed my weekly analysis videos and took trades i forecasted in the video analysis would find themselves 300 pips at least in profit by now ill do another video outlining before and afters and a recap of this week tomorrow night
Ys Thanks for your in-depth analysis video. Even we can take trade on Monday or Tuesday provided EMA cross to happen and re-test to 20EMA done. - Just my observation of Charts and your other videos.
  • #896
  • Apr 9, 2020 8:57am Apr 9, 2020 8:57am
Quoting Mgdamle
{quote} Ys Thanks for your in-depth analysis video. Even we can take trade on Monday or Tuesday provided EMA cross to happen and re-test to 20EMA done. - Just my observation of Charts and your other videos.
Yes you are correct as the EMAs lock in can give trend continuation on monday and tuesday . Nice observation
  • #897
  • Apr 9, 2020 9:26am Apr 9, 2020 9:26am
AUD-USD ON H1. the price retraced and leaned on the first support, which rebounded twice, then took the bullish direction to 91 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-09 AUD-USD H1.png Size: 85 KB
  • #898
  • Apr 9, 2020 9:39am Apr 9, 2020 9:39am
Trades i took using this method this week. Should of held that first GU trade but took +100 pips on GJ(not using this method) on monday so closed it. GU+190, EU+78.
Attached Image(s) (click to enlarge)
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  • #899
  • Apr 9, 2020 11:10am Apr 9, 2020 11:10am
Attached Image (click to enlarge)
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  • #900
  • Apr 9, 2020 11:35am Apr 9, 2020 11:35am
GBP-USD H4. Price in critical area, where it has given two bearish signals, and possible formation of a third. so to the expectation of what happens next.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-09 GBP-USD H4.png Size: 79 KB
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