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3 Bar Fractal Break

  • #921
  • Apr 9, 2020 6:20pm Apr 9, 2020 6:20pm
Quoting babakk
{image}
nice work mate
  • #922
  • Edited Apr 10, 2020 2:46am Apr 9, 2020 6:20pm | Edited Apr 10, 2020 2:46am
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
Thanks to Daz, this week is enough for me! 6 trades and 5 were all green pips!!

Edit: GBPUSD I had a tight S/L but the direction were right end up winning but it's ok... this is forex!!
Attached Image (click to enlarge)
Click to Enlarge Name: 4B1651F9-D0EF-43A5-A347-CC70667D399A.jpg Size: 375 KB
  • #923
  • Apr 9, 2020 6:43pm Apr 9, 2020 6:43pm
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 40 KB
  • #924
  • Apr 9, 2020 7:10pm Apr 9, 2020 7:10pm
Quoting cesar8
USD-JPY H1. Entrance candle and profit taking, for now 32 pips. {image}
Got in but didn't hit TP. now seems a retracement or reversal is imminent, dang. should've not slept over this one.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB
Don't bet the farm house.
  • #925
  • Apr 9, 2020 7:14pm Apr 9, 2020 7:14pm
Great to see Yoshibomb making some nice pips from this method, contrats mate.
After going back in time with this method there is evidence that 7 out of ten trades are good, I mentioned this in the private forum, and this win rate looks like it will continue- providing we stick to the rules.
The purpose of my writing here is to give you all some facts to build your confidence as follows;

Starting with a $300.00 account we take 3 trades each with 0.01 lot size (we only need 1 winner)
The next trade lot size is increased to 0.02 for three trades.
Then increase the lot size again to 0.03 and continue doing so to increase the lot size.
3 trades a day using the 4hour charts is more than enough trades. Use a 50pip stop loss with a 100pip target on the 4hour charts-I don't know about the lower time frame setups because I don't trade the lower time frames.
Over a period of time you will see the wonderful rewards of this trading strategy and soon realize the truth of only taking one to two trades per week. (look for the strong setups where price has shown you its next move)
All the best to you all.
  • #926
  • Apr 9, 2020 9:07pm Apr 9, 2020 9:07pm
Quoting bojack34
When this thread first came out it got me thinking about some of the stuff that I learned when I first learned how to trade Forex. Candle formations and Price Action. I have only been trading for about 2 years now so i'm still in the learning stage myself, so take what I say with a grain of salt. As I continued to follow the thread I started to see a pattern that looked familiar, so I had someone tweak the code of one of the indicators in this thread so that the 3rd candle would be the trigger candle but ONLY when the 3rd candle closed higher/lower...
What does DPV mean?
  • #927
  • Apr 9, 2020 9:36pm Apr 9, 2020 9:36pm
Quoting KevinZeng
{quote} What does DPV mean?
Daily Pivot
  • #928
  • Apr 10, 2020 1:37am Apr 10, 2020 1:37am
Quoting Yoshibomb
{quote} Thanks to Daz, this week is enough for me! 6 trades and 5 were all green pips!! {image}
Hey Yoshibomb, you are the bomb! Thanks for sharing your results, I am only a beginner, however it’s nice to see success with applied knowledge as this is a motivator and a teacher.
  • #929
  • Apr 10, 2020 2:04am Apr 10, 2020 2:04am
Quoting akosichago
{quote} Got in but didn't hit TP. now seems a retracement or reversal is imminent, dang. should've not slept over this one. {image}
this happens but but its only a pull back, its still going down
  • #930
  • Apr 10, 2020 2:09am Apr 10, 2020 2:09am
Im so happy alot of people are making so much pips using this method. Thank you all for sharing your success. Makes it worth while doing this
  • #931
  • Apr 10, 2020 2:21am Apr 10, 2020 2:21am
Quoting dazjw2311
Im so happy alot of people are making so much pips using this method. Thank you all for sharing your success. Makes it worth while doing this
Daz, haven't posted too much but would like to extend my gratitude to you for sharing such a simple setup and going out of your way to help others as you have reiterated many times for FREE. If you stick with this method of trading, journal all your trades, work on your discipline and control risk you will make money which is what this game is all about.

Best wishes
  • #932
  • Apr 10, 2020 2:32am Apr 10, 2020 2:32am
Quoting SkyLaser
{quote} Daz, haven't posted too much but would like to extend my gratitude to you for sharing such a simple setup and going out of your way to help others as you have reiterated many times for FREE. If you stick with this method of trading, journal all your trades, work on your discipline and control risk you will make money which is what this game is all about. Best wishes
Thank you Skylaser, Yes i want people who are coming back here and wondering why its in a commercial forum. This shouldnt be here. Im not selling this . i have aleady gave away all my secrets in the pattern and all my entry secrets in my videos.

This thread is all you need with my weekly video content in which is FREEEEEEEEEEEEEEE
  • #933
  • Apr 10, 2020 2:34am Apr 10, 2020 2:34am
I would appreciate anyone in this group who follows my work to contact admin and help me move this back to the trading systems section. I feel this system is better than any of the paid systems in here and its FREEEEEEEEE
  • #934
  • Apr 10, 2020 3:02am Apr 10, 2020 3:02am
Yes I agree it would be better back in Trading Systems.

Amazing to me that people should want one to one help. I'm as thick as two short planks sometimes and I get it. There are so many well laid out charts and even videos and if that's not enough there are some half decent indicators that will plot it for you.
  • #935
  • Apr 10, 2020 3:04am Apr 10, 2020 3:04am
This week was my first live money trading this method and has been a huge success in an otherwise difficult market. I am 4.5% up this week and in pips that's +135. IF I had been more patient and had a little more experience with thi technique those same trades would have given me at least another 300 pips on top of the 135 collected!

What is even better and makes me SUPER excited is the method taught by Daz translates very nicely to two other methods I use for different market conditions. The 3BFB fine-tunes the entries for those methods and changes the game totally!

Thanks for a great system.
StuUK
  • #936
  • Apr 10, 2020 4:18am Apr 10, 2020 4:18am
HAPPY EASTER EVERYBODY remember its bank holiday and if you trade reduce your risk and dont expect huge movements on gbp pairs
  • #937
  • Apr 10, 2020 5:49am Apr 10, 2020 5:49am
Quoting dazjw2311
I would appreciate anyone in this group who follows my work to contact admin and help me move this back to the trading systems section. I feel this system is better than any of the paid systems in here and its FREEEEEEEEE
3 days into this method and it suits me, i'm a big fan of KISS (keeping in simple and simple), and this one of yours definitely falls into that bucket.
thanks for sharing this for FREE.
Happy Easter!
Don't bet the farm house.
  • #938
  • Apr 10, 2020 6:39am Apr 10, 2020 6:39am
Attached File(s)
File Type: ex4 3_bar_fractal.ex4   62 KB | 526 downloads
Attached File(s)
File Type: mq4 sm3BarFractalBreak v2.0.mq4   7 KB | 515 downloads
  • #939
  • Apr 10, 2020 6:43am Apr 10, 2020 6:43am
Gday Daz
Once you started mentioning private discord groups and limited spots available in it, then paid one on one, I new that you were heading for commercial section.
The moderators might bring it back.
Cheers mate.
  • #940
  • Apr 10, 2020 6:44am Apr 10, 2020 6:44am
Quoting akosichago
{quote} Got in but didn't hit TP. now seems a retracement or reversal is imminent, dang. should've not slept over this one. {image}
This image shows a projection of the route that can be expected from this pair, remember that the losses must be trimmed and the profits must be left to run.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-10 USD-JPY H4.png Size: 109 KB
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