2-Week Rule | Forex Factory

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2-Week Rule

  • #1
  • First Post: Apr 30, 2024 3:53am Apr 30, 2024 3:53am
2-Week Rule

Timeframe = Weekly
- Buy when price break above the previous 2 weekly bars/candle.
- Sell when price break below the previous 2 weekly bars/candle.
  • #2
  • Apr 30, 2024 7:49am Apr 30, 2024 7:49am
Hi Quarters
Do you have chart history to display please.
  • #3
  • May 12, 2024 11:28am May 12, 2024 11:28am
Hey Quarters,

Wick of the bar include?
  • #4
  • Aug 5, 2024 4:10am Aug 5, 2024 4:10am
Quoting Toofar
Hey Quarters, Wick of the bar include?
Hi Toofar,

Include only candle body. As wicks wont be relevant.
  • #5
  • Aug 5, 2024 8:12am Aug 5, 2024 8:12am
Quoting Quarters
{quote} Hi Toofar, Include only candle body. As wicks wont be relevant.
hey Quarters,

Now stop, TP, trailing?? So we can have a complete strategy.
  • #6
  • Aug 5, 2024 9:38am Aug 5, 2024 9:38am
Quoting DemolitionKn
Hi Quarters Do you have chart history to display please.
Hi, I will be posting the rules in a chart this Friday. Please stay tune.
  • #7
  • Aug 5, 2024 9:39am Aug 5, 2024 9:39am
Quoting Toofar
{quote} hey Quarters, Now stop, TP, trailing?? So we can have a complete strategy.
Good suggestions, I will be posting the rules in a chart this Friday. Stay tune.
  • #8
  • Aug 5, 2024 11:55pm Aug 5, 2024 11:55pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2 Week Rule-01.jpg Size: 282 KB

This is the basic concept for the 2-Week Rule as above image.

Timeframe = Weekly (W1)

We look for trending market and anticipate for the breakout.

Stay tune more detail update.
  • #9
  • Edited 4:32pm Aug 11, 2024 3:21am | Edited 4:32pm
Quoting Quarters
{image} This is the basic concept for the 2-Week Rule as above image. Timeframe = Weekly (W1) We look for trending market and anticipate for the breakout. Stay tune more detail update.
Hi,
What's the acceptable value between the previous close and the open of the next candle, please?
I can take a look at what the testers are saying.
  • #10
  • Aug 13, 2024 3:21am Aug 13, 2024 3:21am
Quoting Toofar
{quote} Hi, What's the acceptable value between the previous close and the open of the next candle, please? I can take a look at what the testers are saying.
There is no value between previous candle. We get in position on Monday immediately.
  • #11
  • Aug 13, 2024 5:10am Aug 13, 2024 5:10am
Why do you need to have 2 weeks?

Just go every week, when it's trending, it's trending.

The problems will be when you encounter an engulfing candle which also reverses.

Let's see more real price charts.

Good Luck
It takes a lot for me to IGNORE you, but you can try.
  • #12
  • Last Post: Sep 6, 2024 2:05pm Sep 6, 2024 2:05pm
Quoting Erebus
Why do you need to have 2 weeks? Just go every week, when it's trending, it's trending. The problems will be when you encounter an engulfing candle which also reverses. Let's see more real price charts. Good Luck
The 2-week meant for identifying our stop-loss placement. Yes, you can go with 1 week bar and follow the trend hence your stop loss is tighter in a sense where we use 1 week worth of price movement/range instead of 2 weekly bar range.
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