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  • Post #501
  • Quote
  • Apr 5, 2021 11:16pm Apr 5, 2021 11:16pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Two new pending orders

NZD/CAD H4 - FRACTAL LINE MOVING AWAY FROM PRICE
Attached Image (click to enlarge)
Click to Enlarge

Name: NZDCADH4.png
Size: 49 KB


GBP/CAD H4 - FRACTAL LINE MOVING AWAY FROM PRICE
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Name: GBPCADH4.png
Size: 49 KB
"Pride always comes before destruction...." -Proverbs 16:18
 
 
  • Post #502
  • Quote
  • Edited at 9:31am Apr 6, 2021 8:27am | Edited at 9:31am
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Hello traders (if any that still follow this thread)

EUR/USD H4 - TRIANGLE WITH INVERSE HEAD AND SHOULDERS COMPLETION CONFLUENCE (huh? what?)
Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSDH4.png
Size: 46 KB
"Pride always comes before destruction...." -Proverbs 16:18
 
 
  • Post #503
  • Quote
  • Apr 6, 2021 8:34am Apr 6, 2021 8:34am
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Good news: I got my log-in credentials for my 40K funded account with the 5ers.

Bad news: It seems they have switched over to Meta5 so the modified fractal indicator and EA won't work
"Pride always comes before destruction...." -Proverbs 16:18
 
1
  • Post #504
  • Quote
  • Apr 6, 2021 10:36am Apr 6, 2021 10:36am
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Quoting Expo33
Disliked
Hello traders (if any that still follow this thread) EUR/USD H4 - TRIANGLE WITH INVERSE HEAD AND SHOULDERS COMPLETION CONFLUENCE (huh? what?) {image}
Ignored
We jumped in a little early here because that's how FOMO works

EUR/USD H4 - TRIANGLE WITH INVERSE HEAD AND SHOULDERS COMPLETION CONFLUENCE
Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSDH4.png
Size: 45 KB
"Pride always comes before destruction...." -Proverbs 16:18
 
 
  • Post #505
  • Quote
  • Apr 6, 2021 12:04pm Apr 6, 2021 12:04pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Quoting Expo33
Disliked
Good news: I got my log-in credentials for my 40K funded account with the 5ers. Bad news: It seems they have switched over to Meta5 so the modified fractal indicator and EA won't work
Ignored
Good news: Live chat changed my account back to meta4 and sent me new login credentials. Well played 5ers
"Pride always comes before destruction...." -Proverbs 16:18
 
 
  • Post #506
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  • Apr 7, 2021 2:58pm Apr 7, 2021 2:58pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
I'm just posting so we don't fall off the first page.

Like a ghost town in here.
"Pride always comes before destruction...." -Proverbs 16:18
 
 
  • Post #507
  • Quote
  • Apr 7, 2021 3:52pm Apr 7, 2021 3:52pm
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting Expo33
Disliked
I'm just posting so we don't fall off the first page. Like a ghost town in here.
Ignored
Lol can't say I blame them. It's a weird but unique strategy that seems simple enough but would require some practice before one can gain the confidence to take first touch trades without anxiety and hesitation.

Or maybe most just prefer to watch and see things unfold for entertainment, like myself.
 
1
  • Post #508
  • Quote
  • Apr 7, 2021 7:49pm Apr 7, 2021 7:49pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Quoting Koop
Disliked
{quote} Lol can't say I blame them. It's a weird but unique strategy that seems simple enough but would require some practice before one can gain the confidence to take first touch trades without anxiety and hesitation. Or maybe most just prefer to watch and see things unfold for entertainment, like myself.
Ignored
Methods sucks and the thread owner is an imbecile.
"Pride always comes before destruction...." -Proverbs 16:18
 
2
  • Post #509
  • Quote
  • Apr 7, 2021 8:00pm Apr 7, 2021 8:00pm
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting Expo33
Disliked
{quote} Methods sucks and the thread owner is an imbecile.
Ignored
Lol Imbecile with multiple prop funded accounts?... Sign me up!!!
 
2
  • Post #510
  • Quote
  • Apr 7, 2021 8:06pm Apr 7, 2021 8:06pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
Needed that laugh, thanks to both of you !
If I don't mention SL and TP = longer-term setup possibly in the works!
 
2
  • Post #511
  • Quote
  • Apr 7, 2021 8:22pm Apr 7, 2021 8:22pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Quoting Koop
Disliked
{quote} Lol can't say I blame them. It's a weird but unique strategy that seems simple enough but would require some practice before one can gain the confidence to take first touch trades without anxiety and hesitation. Or maybe most just prefer to watch and see things unfold for entertainment, like myself.
Ignored
I imagine some traders do get anxious. They can always wait to see if there is a reaction at the line(validation), then wait for the line to break, and then buy/sell the other side. Similar to what a trader using regular trend lines might do.

BUT, the secret sauce is in the fractal lines. Just don't come complaining to me if you get diarrhea.

Pending order:

EUR/USD H1 - SELLING VALIDATED AND BROKEN FRACTAL LINE
Attached Image (click to enlarge)
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Name: EURUSDH1.png
Size: 45 KB
"Pride always comes before destruction...." -Proverbs 16:18
 
3
  • Post #512
  • Quote
  • Edited at 9:12pm Apr 7, 2021 8:24pm | Edited at 9:12pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
This is a real strategy. 10 rules and observations to follow. Thats a lot for anybody looking for the proverbial MA cross KISS strat and the like. A lot of work to put in here. But where one puts the work, one reaps the reward. Common !

I like the looks of this, but man the lines ! so many lines, its like when Im too drunk to put the spaghetti in to cook, and drop it all over the floor!

One too many glasses of Pinot NoiRRR! apologies !
If I don't mention SL and TP = longer-term setup possibly in the works!
 
3
  • Post #513
  • Quote
  • Apr 7, 2021 8:28pm Apr 7, 2021 8:28pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
Quoting Expo33
Disliked
{quote} I imagine some traders do get anxious. They can always wait to see if there is a reaction at the line(validation), then wait for the line to break, and then buy/sell the other side. Similar to what a trader using regular trend lines might do. BUT, the secret sauce is in the fractal lines. Just don't come complaining to me if you get diarrhea. Pending order: EUR/USD H1 - SELLING VALIDATED AND BROKEN FRACTAL LINE {image}
Ignored

This is for a sell ? I would think it was for a buy.
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #514
  • Quote
  • Apr 7, 2021 8:44pm Apr 7, 2021 8:44pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
Would this be an option also ?
Attached Image (click to enlarge)
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Name: Untitled.png
Size: 44 KB
If I don't mention SL and TP = longer-term setup possibly in the works!
 
1
  • Post #515
  • Quote
  • Apr 7, 2021 9:37pm Apr 7, 2021 9:37pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Quoting mtako
Disliked
{quote} This is for a sell ? I would think it was for a buy.
Ignored
Initially, it WAS a buy of the "first touch" as I've shown on the chart.

However, if we missed the setup or were anxious about using the first touch principle, then we could wait for the line to break and then sell the retest of the line.
Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSD.xH1.png
Size: 55 KB
"Pride always comes before destruction...." -Proverbs 16:18
 
 
  • Post #516
  • Quote
  • Apr 7, 2021 9:39pm Apr 7, 2021 9:39pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Quoting mtako
Disliked
Would this be an option also ? {image}
Ignored
Absolutely, that is exactly where the "first touch" buy would be. I posted my chart before reading this post. Well played good sir
"Pride always comes before destruction...." -Proverbs 16:18
 
2
  • Post #517
  • Quote
  • Apr 7, 2021 10:05pm Apr 7, 2021 10:05pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 3,376 Posts
Have you tried making the entries and exits and lines creation all objective? A lot of work, but perhaps it would be worth it. For now, I see too many possible trades. It's a truly cool discretionary strategy, but I am more of a robot type dude when it comes to trading.

I like this though, will see how I can factor it in my own system of strategies.
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #518
  • Quote
  • Apr 7, 2021 10:51pm Apr 7, 2021 10:51pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,912 Posts
Quoting mtako
Disliked
Have you tried making the entries and exits and lines creation all objective? A lot of work, but perhaps it would be worth it. For now, I see too many possible trades. It's a truly cool discretionary strategy, but I am more of a robot type dude when it comes to trading. I like this though, will see how I can factor it in my own system of strategies.
Ignored
Well, which structure you choose will always be subjective for me. Yes, there are many many valid structures throughout the day but most don't meet my criteria for good structures. For example, messy impulse waves, waves too close together, waves with only 2 candles, no real price separation, huge wicks at the fractal, fractals that form on the daily reset candle, and many other scenarios that I find are not good structures to use and will not model the plane of price action very well going forward.

As I stated previously, each trader is unique and each trade is unique to their own perception of what makes a good structure.

The example on post #1 for me is the kind of structure I am looking for because:

1) All 3 waves are nicely uniform
2) The waves have a nice spacing and aren't skewed in their direction relative to one another. (basically parallel)
3) The waves are fairly similar in length (not one super long wave with a super short wave)
4) The waves are not too far apart or too close together
5) 3 out for 4 fractals are major
6) Distinct price separation at the 7th candle close
7) No huge wicks at the fractals
8) No fractals formed during the daily reset hour

Attached Image (click to enlarge)
Click to Enlarge

Name: CADJPYH1.png
Size: 8 KB
"Pride always comes before destruction...." -Proverbs 16:18
 
3
  • Post #519
  • Quote
  • Apr 8, 2021 4:30am Apr 8, 2021 4:30am
  •  SilentFixer
  • | Joined May 2020 | Status: Member | 11 Posts
First of all i would like to thank you for your amazing work,

Second of all I LOVE FRACTALS, so when i saw this strat i fall in love immediately since my main strat works around fractals.

I found this setup today on GOLD but i was too late to enter could check if it's a correct one
Attached Image (click to enlarge)
Click to Enlarge

Name: XAUUSDM5.png
Size: 31 KB
 
1
  • Post #520
  • Quote
  • Apr 8, 2021 4:36am Apr 8, 2021 4:36am
  •  SilentFixer
  • | Joined May 2020 | Status: Member | 11 Posts
What do you think of this upcoming setup on GOLD ?
Attached Image (click to enlarge)
Click to Enlarge

Name: XAUUSDM30.png
Size: 39 KB
 
 
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