Hi, geometry traders! 
Spring is the time for gardening for me ....
Trying double setups, green pips !
Spring is the time for gardening for me ....
Trying double setups, green pips !
- #442
- Mar 26, 2021 12:20pm Mar 26, 2021 12:20pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Hello traders. Probably the only 2 pending orders that have a chance to fill during this session. GBP/USD M30 - FRACTAL LINE FIRST TOUCH {image} AUD/CAD H4 - BROKEN FRACTAL LINE SELLING RETRACEMENT {image}
Our GBP/USD and AUD/CAD orders finally filled.
GBP/USD filled while I was sleeping but during one of my many bathroom breaks, I manually closed for +18 pips. Again a tiny SL was needed as price only went 3 pips past our line. We did not chase the 2nd or 3rd touch. The 2nd touch went 6 pips past the line, and the 3rd touch went 21 pips past the line. We are looking for a quick and violent rejection off the line. A quick in and out trade.
This trade reminds me of my workouts. If I'm doing leg presses or bicep curls or whatever I finish each muscle group with the "exhaustion" method. I start out with a lightweight warm-up. Then work each set up to the maximum weight with a few minutes of rest in between sets. When I get to the max weight I start to decrease weight back to the original weight but with basically no rest in between sets so that the muscle reaches total exhaustion. In this trade, the Pound was chasing the fractal line that was moving away from price. Up and rest, up some more and rest, and eventually, after 2 days price reached the line with total exhaustion and got a quick 20 pip sell-off in 20 minutes. And that's all I'm looking for. In and out. Might not seem like much but 20-30 pips a day makes one very well off financially in a few years.
GBP/USD M30 - FRACTAL LINE WINNING RESULT +18 PIPS
The AUD/CAD trade filled when I was awake this morning and I manually closed for -3 pips. It took 2 days for the order to fill. Since the fractal line was moving "towards" price it means it requires less momentum for the price to reach the line and breakthrough. With no real violent reaction at the line, I decided to close out manually for a small loss. I'm looking for more setups where the fractal line is moving away from price. That way price is chasing the line and using up more and more momentum as time goes on and will hopefully reach exhaustion at the line. And now you can since on the current chart that price indeed has broken through the line so we saved ourselves a full loss.
AUD/CAD H4 - FRACTAL LINE LOSING RESULT -3 PIPS
And one more that I manually entered very early this morning and yet another example of NOT chasing the second touch and another example of a fractal line that is moving away from price. Think of all the price momentum it took to chase that line all the way up. And then BOOM, violent and quick sell-off exactly at the line.
GBP/JPY H1 - FRACTAL LINE WINNING RESULT + 15 PIPS
GBP/JPY M15 - CLOSEUP VIEW OF A FAILED SECOND TOUCH
Ok, now that I'm all caught up on our trade results, time to catch up on any new posts
Pride always comes before destruction.... -Proverbs 16:18
- #443
- Mar 26, 2021 12:43pm Mar 26, 2021 12:43pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Hi, geometry traders!
It looks like you had a chance to take 7 or 8 pips. If not, hopefully, you got the recovery trade.
I noticed you have a lot of trades with CHF. I personally stay away from CHF pairs because for one it requires too much margin with US brokers and I find price action is really choppy with CHF pairs. And for any swing trades, buying USD/CHF is the same as selling EUR/USD and EUR/USD costs 2K margin per lot while USD/CHF costs 5K margin per lot
. Another thing I have been doing is trying to stay away from some of the more volatile cross pairs like GBP/NZD, EUR/AUD, etc etc as they don't seem to work as well for me. Could just be my personal preference but I find the major pairs along with the YEN crosses seem to exhibit better harmonic behavior which suits this method well. Just thinking out loud though
Ah, gardening, one of my favorite hobbies. Just got my tomato/pepper/tomatillo seeds started indoors yesterday. It's supposed finally to warm up to 15-20 Celcius this weekend. Probably a month more until the danger of the last frost passes before I can transplant outdoors but I can do some cool weather crops now like broccoli and peas.
Pride always comes before destruction.... -Proverbs 16:18
- #444
- Edited 1:35pm Mar 26, 2021 12:51pm | Edited 1:35pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
One last mention.
I have found that Bitcoin for me has worked extremely well, even on the 15-minute timeframe. Unfortunately, FTMO is the only broker out of the 4 I'm using that allows Bitcoin trading. Spreads aren't great but with such good volatility and small SL, it can be very profitable. This one happened while I was asleep but I'm not sure how to set the pip parameters with the EA yet. I'm going to test the EA with a demo to find out so I can set pending orders.
BTC/USD M30 - FRACTAL LINE EXAMPLE
Again, the fractal line moving away from price.
I have found that Bitcoin for me has worked extremely well, even on the 15-minute timeframe. Unfortunately, FTMO is the only broker out of the 4 I'm using that allows Bitcoin trading. Spreads aren't great but with such good volatility and small SL, it can be very profitable. This one happened while I was asleep but I'm not sure how to set the pip parameters with the EA yet. I'm going to test the EA with a demo to find out so I can set pending orders.
BTC/USD M30 - FRACTAL LINE EXAMPLE
Again, the fractal line moving away from price.
Pride always comes before destruction.... -Proverbs 16:18
- #445
- Mar 26, 2021 1:08pm Mar 26, 2021 1:08pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
And........because life is more than trading I thought I'd share this.
We live at about 1400 meters above sea level and we are only about a one-hour drive to the famous Lake Tahoe resort which is about 3000 meters above sea level. Anyways, through one of my bird lover groups, I found out about a place I've never heard of...Chickadee Ridge Trail. Apparently, if you put your hand out with or without seed, the local Mountain Chickadees will land on your hand. So on Sunday, it will be a warm Springy 20 Celcius, with lots of snow still at that elevation, so my daughter and I are going to plan a day hike/picnic up there and I'm going to bring my zoom lens and get some pictures of this experience.
Here is a picture of a bird nerd couple from my group
If you're not a bird nerd, you should be!!! You can learn a lot from birds.
We live at about 1400 meters above sea level and we are only about a one-hour drive to the famous Lake Tahoe resort which is about 3000 meters above sea level. Anyways, through one of my bird lover groups, I found out about a place I've never heard of...Chickadee Ridge Trail. Apparently, if you put your hand out with or without seed, the local Mountain Chickadees will land on your hand. So on Sunday, it will be a warm Springy 20 Celcius, with lots of snow still at that elevation, so my daughter and I are going to plan a day hike/picnic up there and I'm going to bring my zoom lens and get some pictures of this experience.
Here is a picture of a bird nerd couple from my group
If you're not a bird nerd, you should be!!! You can learn a lot from birds.
Pride always comes before destruction.... -Proverbs 16:18
- #446
- Mar 26, 2021 1:30pm Mar 26, 2021 1:30pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
And......since we are chronicling the life and times of "Expo33"
, I thought I'd share this week's results for the two new prop firm challenges that I am doing with the 5percenters and with City Trader's Imperium.
5percenters - trying to secure a 40K account - need to make 6% on 10K with a 4% allowable drawdown in 6 months. After a slow start, we had a great week and are now only $50 away from the goal!!
City Trader's Imperium - trying to secure a 50K account - need to make 6% on 12,500 with a 4% allowable drawdown in 1 year. Basically using the same trades so we also had a slow start to the week but had a super strong finish. We are now over halfway to our goal.
, I thought I'd share this week's results for the two new prop firm challenges that I am doing with the 5percenters and with City Trader's Imperium.5percenters - trying to secure a 40K account - need to make 6% on 10K with a 4% allowable drawdown in 6 months. After a slow start, we had a great week and are now only $50 away from the goal!!
City Trader's Imperium - trying to secure a 50K account - need to make 6% on 12,500 with a 4% allowable drawdown in 1 year. Basically using the same trades so we also had a slow start to the week but had a super strong finish. We are now over halfway to our goal.
Pride always comes before destruction.... -Proverbs 16:18
And........because life is more than trading I thought I'd share this. We live at about 1400 meters above sea level and we are only about a one-hour drive to the famous Lake Tahoe resort which is about 3000 meters above sea level. Anyways, through one of my bird lover groups, I found out about a place I've never heard of...Chickadee Ridge Trail. Apparently, if you put your hand out with or without seed, the local Mountain Chickadees will land on your hand. So on Sunday, it will be a warm Springy 20 Celcius, with lots of snow still at that elevation,...
so much snow wonderful forest!!! Thanks!I have 18 square warmer that will be planted with tomatoes peppers and cucumbers in some weeks
, there are some fruit trees and berry bush. 
Congratulations, my friend with your results...Amazing!!! Keep going such way!
I’m still turning around zero profit, making some mistake .....I should take a closer look, throwing out some pairs as advice...
will see..
- #448
- Edited 1:16pm Mar 28, 2021 1:04pm | Edited 1:16pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
{quote} Unbelievable amazing photo
My daughter and I went up to the Lake Tahoe summit yesterday but there is still 5-10 feet of snow and since it was 15 Celcius we needed snowshoes which we don't have. But, we found the trailhead and will plan another trip when the snow melts. Sometimes the snow doesn't melt until June or July or later up there
I have my tomatoes/peppers/etc started indoors. Probably 4-6 weeks before the threat of the last frost before I can transplant them outdoors.
As for the trading, I look for good separation, smooth waves, and waves that have decent symmetry. Like anything, more time looking at examples gives us a better idea of what works and what doesn't.
Also, I am taking profits earlier rather than later. If my SL is 10 and my TP is 20 then I'm setting my BE for 10 pips. I'm not taking a loss if price bounces 10 pips in my favor. Afterall, this truly is a quasi scalping method on higher time frames so I have no problem taking manual profits before the TP is hit.
Off to the park for a picnic/playdate with my daughter's friend. The warmest day of the Spring so far!
Cheers and safe trading this week.
Pride always comes before destruction.... -Proverbs 16:18
- #450
- Mar 28, 2021 8:01pm Mar 28, 2021 8:01pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
First trade of the week.
BTC/USD M30 - FRACTAL LINE
BTC/USD M30 - FRACTAL LINE
Pride always comes before destruction.... -Proverbs 16:18
- #452
- Mar 28, 2021 9:15pm Mar 28, 2021 9:15pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Three untested pending orders on the same pair
USD/CAD H1 - FRACTAL LINES
Would be nice if "Action=Buy Trigger=30 TP=240 SL=120 TS=0 BE=120 Lots= 0.2" could be written as "B=3 TP=24 SL=12 TS=0 BE=12 L=0.2"
USD/CAD H1 - FRACTAL LINES
Would be nice if "Action=Buy Trigger=30 TP=240 SL=120 TS=0 BE=120 Lots= 0.2" could be written as "B=3 TP=24 SL=12 TS=0 BE=12 L=0.2"
Pride always comes before destruction.... -Proverbs 16:18
- #453
- Edited 10:56pm Mar 28, 2021 9:54pm | Edited 10:56pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Pending order
EUR/USD H4 - FRACTAL LINE WITH POSSIBLE TRIANGLE CONFLUENCE
EUR/USD H4 - FRACTAL LINE WITH POSSIBLE TRIANGLE CONFLUENCE
Pride always comes before destruction.... -Proverbs 16:18
- #454
- Mar 28, 2021 10:04pm Mar 28, 2021 10:04pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Pending order
A different approach.
Price reacts at fractal line = validation
Price breaks through the fractal line with a candle close below the broken line.
Now we sell the restest
EUR/JPY H1 - SELL RESTEST OF BROKEN/VALIDATED FRACTAL LINE
A different approach.
Price reacts at fractal line = validation
Price breaks through the fractal line with a candle close below the broken line.
Now we sell the restest
EUR/JPY H1 - SELL RESTEST OF BROKEN/VALIDATED FRACTAL LINE
Pride always comes before destruction.... -Proverbs 16:18
- #455
- Mar 28, 2021 10:28pm Mar 28, 2021 10:28pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Manual entry based on the plane of price action being very well described by a fractal line.
This is a more creative entry. Trying to think outside the box. The more manual backtesting you do, the more opportunities you will see that have a high potential of being successful. Trading is your art form and should be fun.
Super tight SL as there is a lot of open-air below. Risking 7 pips to win 12.
USD/JPY H1 - FRACTAL LINE WITH SOLID VALIDATION
This is a more creative entry. Trying to think outside the box. The more manual backtesting you do, the more opportunities you will see that have a high potential of being successful. Trading is your art form and should be fun.
Super tight SL as there is a lot of open-air below. Risking 7 pips to win 12.
USD/JPY H1 - FRACTAL LINE WITH SOLID VALIDATION
Pride always comes before destruction.... -Proverbs 16:18
- #456
- Mar 28, 2021 10:42pm Mar 28, 2021 10:42pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
If you are struggling with this method or any other method. Ask yourself some questions.
Do you love the charts? Do you enjoy trading? Do you consider trading and art form?
Malte Marten loves his instrument, his art form and as a result, he is one of the best handpan players on earth.
Be like Malte
When the Wind Talks | Malte Marten
Do you love the charts? Do you enjoy trading? Do you consider trading and art form?
Malte Marten loves his instrument, his art form and as a result, he is one of the best handpan players on earth.
Be like Malte
When the Wind Talks | Malte Marten
Inserted Video
Pride always comes before destruction.... -Proverbs 16:18
- #457
- Mar 28, 2021 10:54pm Mar 28, 2021 10:54pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Manual entry based on the plane of price action being very well described by a fractal line. This is a more creative entry. Trying to think outside the box. The more manual backtesting you do, the more opportunities you will see that have a high potential of being successful. Trading is your art form and should be fun. Super tight SL as there is a lot of open-air below. Risking 7 pips to win 12. USD/JPY H1 - FRACTAL LINE WITH SOLID VALIDATION {image}
USD/JPY H1 RESULT +7.3 PIPS
Easy trade. In and out scalp. The chart has all of the answers. Be an artist. Paint your masterpiece and harvest those pips.
Good night and safe trading to all.
Pride always comes before destruction.... -Proverbs 16:18
If you are struggling with this method or any other method. Ask yourself some questions. Do you love the charts? Do you enjoy trading? Do you consider trading and art form? Malte Marten loves his instrument, his art form and as a result, he is one of the best handpan players on earth. Be like Malte
Our tomato and pepper seedlings ready to be moved to the greenhouse for the next 2-3 weeks
- #459
- Mar 29, 2021 7:49am Mar 29, 2021 7:49am
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Pride always comes before destruction.... -Proverbs 16:18
- #460
- Mar 29, 2021 7:52am Mar 29, 2021 7:52am
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Three untested pending orders on the same pair
Updated chart
USD/CAD H1 - FRACTAL LINE ACTIVE ORDER SL TO BE
Pride always comes before destruction.... -Proverbs 16:18