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Power of Two System

  • #121
  • Jun 30, 2023 8:17pm Jun 30, 2023 8:17pm
Quoting Merka
{quote} Not clear enough what you are trying to explain. Can you please repost a chat with just 1 zone and why you think is going up or down. Thanks
agree with this, cannot make too much of it
Can't go broke making profit
  • #122
  • Jun 30, 2023 11:24pm Jun 30, 2023 11:24pm
Quoting Merka
{quote} Not clear enough what you are trying to explain. Can you please repost a chat with just 1 zone and why you think is going up or down. Thanks
Yeah. Alternatively, Merka can link us to a YouTube video that explains those "dealing range" concepts comprehensively. It would be particularly useful if its a concept that is relevant to the "Power of 2" strategy.
  • #123
  • Edited 3:18am Jul 1, 2023 2:29am | Edited 3:18am
This is an original drawing to help you guys. I have studied why and where you find liquidity. It is not a question of belief it´s a fact.
Go and study with a 50% tool and measure swing highs and lows.
And I am not here to argue anything, it´s a tool you have to use with other tools...

Ask yourself: why to wait for premium/discount = because the price needs to rebalance due to resting liquidity from market makers..

I dont want to troll this Thread, but here is my final explanation. Also this thread gives a god entry model and is legit, IF´YOU KNOW WHERE LIQUIDITY IS RESTING!
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  • #124
  • Jul 1, 2023 4:05am Jul 1, 2023 4:05am
Quoting Kirk65
This is an original drawing to help you guys. I have studied why and where you find liquidity. It is not a question of belief it´s a fact. Go and study with a 50% tool and measure swing highs and lows. And I am not here to argue anything, it´s a tool you have to use with other tools... Ask yourself: why to wait for premium/discount = because the price needs to rebalance due to resting liquidity from market makers.. I dont want to troll this Thread, but here is my final explanation. Also this thread gives a god entry model and is legit, IF´YOU KNOW...

Hi Kirk. Is there a YouTube video or an article out there that comprehensively breaks down the idea you are trying to convey here? Without such, I imagine most people here won't understand why you are drawing those levels: the criteria for choosing certain candlesticks, certain wicks, etc.
  • #125
  • Jul 1, 2023 4:58am Jul 1, 2023 4:58am
I am still slightly confused, but shall be following this thread closely with H1 and M5 for 3 pairs, EURUSD, GBPUSD and USDCHF. Just checking if I got the top and bottom fractals to look for at H1 correct in this charts?
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GBPUSD H1
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EURUSD H1
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USDCHF
  • #126
  • Jul 1, 2023 7:52am Jul 1, 2023 7:52am
Quoting Kirk65
This is an original drawing to help you guys. I have studied why and where you find liquidity. It is not a question of belief it´s a fact. Go and study with a 50% tool and measure swing highs and lows. And I am not here to argue anything, it´s a tool you have to use with other tools... Ask yourself: why to wait for premium/discount = because the price needs to rebalance due to resting liquidity from market makers.. I dont want to troll this Thread, but here is my final explanation. Also this thread gives a god entry model and is legit, IF´YOU KNOW...
@Kirk65
you are very welcome here.
Please stay among us
  • #127
  • Jul 1, 2023 10:30am Jul 1, 2023 10:30am
Quoting Bazenga
{quote} Hi Kirk. Is there a YouTube video or an article out there that comprehensively breaks down the idea you are trying to convey here? Without such, I imagine most people here won't understand why you are drawing those levels: the criteria for choosing certain candlesticks, certain wicks, etc.
No there are no videos that explain this method.. Been studying ICT for a long time and came across this when i was studying charts. Been trading for the last 6 months with owen capital. This method is an important tool I use every time I analyze. You must study it´..
This thread is showing an important entry model, but you must know where the price is seeking liquidity.
It took me over 2 years to be profitable, and the 50% is essential to know. ICT does not teach this, but he led me to it when i was studying..

Do yourself a favor and study it..
  • #128
  • Jul 1, 2023 11:00am Jul 1, 2023 11:00am
Quoting HazHazHaz
I am still slightly confused, but shall be following this thread closely with H1 and M5 for 3 pairs, EURUSD, GBPUSD and USDCHF. Just checking if I got the top and bottom fractals to look for at H1 correct in this charts? {image}GBPUSD H1 {image}EURUSD H1 {image}USDCHF
looks good
Can't go broke making profit
  • #129
  • Jul 1, 2023 1:24pm Jul 1, 2023 1:24pm
Quoting Kirk65
{quote} No there are no videos that explain this method.. Been studying ICT for a long time and came across this when i was studying charts. Been trading for the last 6 months with owen capital. This method is an important tool I use every time I analyze. You must study it´.. This thread is showing an important entry model, but you must know where the price is seeking liquidity. It took me over 2 years to be profitable, and the 50% is essential to know. ICT does not teach this, but he led me to it when i was studying.. Do yourself a favor and study...

so you’re essentially using the same entry model but have identified a way to discern which direction the market ultimately wants to go. You have an extra set of bias conditions. Interesting, if traders can utilize the charts that you posted that’s awesome. For now we’ll stick to the original concepts, just for simplicity sake. But please feel free to keep sharing any insights
Can't go broke making profit
  • #130
  • Jul 1, 2023 9:07pm Jul 1, 2023 9:07pm
Hello Firescape,

I have a doubt. I saw most of the times when the last fractal is taken, a new fractal is printed even if the candle closes below or above the last fractal. Is this setup still valid for NFT or we wait for the new fractal to sweep.
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  • #131
  • Jul 1, 2023 9:37pm Jul 1, 2023 9:37pm
Quoting pundit78
Hello Firescape, I have a doubt. I saw most of the times when the last fractal is taken, a new fractal is printed even if the candle closes below or above the last fractal. Is this setup still valid for NFT or we wait for the new fractal to sweep. {image}
1. U made a mistake. The last recent fractal is the internal that i show in picture, and the low fractal is shown right by yourself
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2. The new fractal that is appeared : shows the new high, and its not important yet untill a new low fractal would appear.

3. So based on this chart, we muat go to 15m, and find a liquidity (15m higher fractal) to sweep.
If u dont trade liquidity, you are the liquidity
  • #132
  • Jul 2, 2023 1:31am Jul 2, 2023 1:31am
Quoting rightahead
{quote} 1. U made a mistake. The last recent fractal is the internal that i show in picture, and the low fractal is shown right by yourself {image} 2. The new fractal that is appeared : shows the new high, and its not important yet untill a new low fractal would appear. 3. So based on this chart, we muat go to 15m, and find a liquidity (15m higher fractal) to sweep.
Thankyou very much.
  • #133
  • Jul 2, 2023 3:13am Jul 2, 2023 3:13am
I still don't quite understand how to define the fractals ?
determine the nearest fractals or the fractals from left to right according to low to high
  • #134
  • Jul 2, 2023 4:52am Jul 2, 2023 4:52am
This is my backtest from Feb 23 until now, I'm still using H4 fractal analysing method but m15, I'm using my own indicator to generate entry on London,US session
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  • #135
  • Jul 2, 2023 5:59am Jul 2, 2023 5:59am
please show me which is the correct fractal level in my picture
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  • #136
  • Jul 2, 2023 8:29am Jul 2, 2023 8:29am
how to select the fractal area in the sideway case?
Which one is correct?
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  • #137
  • Jul 2, 2023 8:56am Jul 2, 2023 8:56am
Quoting pundit78
Hello Firescape, I have a doubt. I saw most of the times when the last fractal is taken, a new fractal is printed even if the candle closes below or above the last fractal. Is this setup still valid for NFT or we wait for the new fractal to sweep. {image}
This is actually important to note. When your backtesting the strategy or just looking over entry models, make sure you use the Bar Replay tool, because the fractals won't be there in real time. After a few bars the fractals print, so if you're looking back OUTSIDE of bar replay or simulated live markets, it will look like the fractal was always there.
Can't go broke making profit
  • #138
  • Jul 2, 2023 9:12am Jul 2, 2023 9:12am
Quoting FireScape
{quote} This is actually important to note. When your backtesting the strategy or just looking over entry models, make sure you use the Bar Replay tool, because the fractals won't be there in real time. After a few bars the fractals print, so if you're looking back OUTSIDE of bar replay or simulated live markets, it will look like the fractal was always there.
Thanks Firescape, it is almost clear to me now. I will test in a live market and come with doubts if any.
  • #139
  • Jul 2, 2023 9:21am Jul 2, 2023 9:21am
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Can't go broke making profit
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