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Power of Two System

  • #241
  • Jul 6, 2023 12:49pm Jul 6, 2023 12:49pm
Quoting FireScape
{quote} Awesome! Good to know thanks for heads up.
makes sense as those USDCHF SFT setups posted earlier lined up very well. Responded to our systems structure like the other original pairs.
Can't go broke making profit
  • #242
  • Jul 6, 2023 12:50pm Jul 6, 2023 12:50pm
Updating first post soon with USDCHF and counter trend method
Can't go broke making profit
  • #243
  • Jul 6, 2023 10:07pm Jul 6, 2023 10:07pm
2 orders executed by this method yesterday. seems like a simple and effective method. I will continue to do real time testing with this method for 1 month.
R:R 1:3 - SL 13-15 pips
GU +41 pips; EUR +47 pips
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  • #244
  • Jul 7, 2023 2:10am Jul 7, 2023 2:10am
Thanks for this post!
I really find this strategy appealing and so for it been working well. Did a little bit of back testing, while forward testing on a demo account. Got these two trades yesterday! Considered on a long during NY on USD/CHF, but didn't because of news.
A little more testing, to get a better understanding on stragedy before going live. Still struggling a bit with the 4H bias.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot_2023-07-07-09-06-24-16_47156649b070b5878ed30c05d64ec18b.jpg Size: 469 KB
  • #245
  • Jul 7, 2023 2:39am Jul 7, 2023 2:39am
Quoting trungducsp2
2 orders executed by this method yesterday. seems like a simple and effective method. I will continue to do real time testing with this method for 1 month. R:R 1:3 - SL 13-15 pips GU +41 pips; EUR +47 pips {image} {image}
m15 a fractal Aliquidity sweep not in kill zone
  • #246
  • Jul 7, 2023 3:09am Jul 7, 2023 3:09am
USDCHF London KZ. NFT.
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  • #247
  • Jul 7, 2023 4:45am Jul 7, 2023 4:45am
Quoting HazHazHaz
USDCHF London KZ. NFT. {image} {image}
Currently in the same trade. Might close it early due to NFP later on.
  • #248
  • Jul 7, 2023 6:26am Jul 7, 2023 6:26am
Quoting HazHazHaz
USDCHF London KZ. NFT. {image} {image}
Nice one
Can't go broke making profit
  • #249
  • Jul 7, 2023 6:28am Jul 7, 2023 6:28am
Quoting trungducsp2
2 orders executed by this method yesterday. seems like a simple and effective method. I will continue to do real time testing with this method for 1 month. R:R 1:3 - SL 13-15 pips GU +41 pips; EUR +47 pips {image} {image}
Very simple and mechanical indeed. Keep us updated with your testing results!
Can't go broke making profit
  • #250
  • Jul 7, 2023 6:31am Jul 7, 2023 6:31am
Quoting AzteroiD
Thanks for this post! I really find this strategy appealing and so for it been working well. Did a little bit of back testing, while forward testing on a demo account. Got these two trades yesterday! Considered on a long during NY on USD/CHF, but didn't because of news. A little more testing, to get a better understanding on stragedy before going live. Still struggling a bit with the 4H bias. {image} {image}
thanks for sharing! A lot of traders here understand the basic entry model so even if you don’t quite have it down yet continue to post your setups and we’ll help you while simultaneously strengthening our own knowledge. Everybody improves
Can't go broke making profit
  • #251
  • Jul 7, 2023 8:34am Jul 7, 2023 8:34am
Does this system generate daily 2 signals ???
  • #252
  • Jul 7, 2023 8:34am Jul 7, 2023 8:34am
how a person can learn this which cannot understand english ??
  • #253
  • Jul 7, 2023 8:42am Jul 7, 2023 8:42am
Quoting lostup
Does this system generate daily 2 signals ???
daily signals yes
Can't go broke making profit
  • #254
  • Jul 7, 2023 8:42am Jul 7, 2023 8:42am
Quoting lostup
how a person can learn this which cannot understand english ??
pictures and inference
Can't go broke making profit
  • #255
  • Jul 7, 2023 8:47am Jul 7, 2023 8:47am
does i marked right ?
last rcent H4 fractals
Attached Image (click to enlarge)
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  • #256
  • Jul 7, 2023 8:54am Jul 7, 2023 8:54am
Quoting lostup
does i marked right ? last rcent H4 fractals {image}
Last recent fractal to current price. I would move top line to top wick of previous candle.
  • #257
  • Jul 7, 2023 8:55am Jul 7, 2023 8:55am
1st question at mt4 does i need to open H4 and M15 charts seprately ?
2nd Does i need to use H4 Fractals at M15 ( Multi time frame /higher time frame Fractals indicator need to use)

rule is i need to mark last recent low and high fractals, mark at H4 time frame for Trend bias ?
after that at M15 in kill zone time frame need to enter price break high/low candle ?
am i correct ?
  • #258
  • Jul 7, 2023 8:57am Jul 7, 2023 8:57am
Quoting AzteroiD
{quote} Last recent fractal to current price. I would move top line to top wick of previous candle.
if price should keep making high and high i will move up and up the line ?
  • #259
  • Jul 7, 2023 9:01am Jul 7, 2023 9:01am
USDCHF Hit SL for today.

Following is USDJPY FT, NY KZ. This is a new setup, but it is most probably not a good time to be entering anyway as today was NFP (red news), but I'm just practicing spotting setups for now and just checking the major USD pairs (USDCHF, USDCAD, USDJPY, GBPUSD, EURUSD, AUDUSD, NZDUSD) and XAUUSD for fun.
Attached Image(s) (click to enlarge)
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  • #260
  • Jul 7, 2023 9:42am Jul 7, 2023 9:42am
Don’t forget to protect your positions. It’s easier to just put your SL at the candle high or low but you should diligently be checking for better levels around your SL
Can't go broke making profit
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