EURCAD (post #259) has taken last Bearish fractal. Next target seems to be 1.414. Acceleration is slowing...
Bill Williams Profitunity Chaos Trading 443 replies
Gross Profit: 40 761.28 Gross Loss: 28 733.50 [b]Total Net Profit: 12 027.78 [/b] [b]Total Trades: 143 [/b] Short Positions (won %): 87 (39.08%) Long Positions (won %): 56 (51.79%)
Disliked...which broker you are currently using, and how many hours a week do you work?Ignored
Disliked(I mean actually sittin on in the chair) and what are your favorite pairs to trade?.Ignored
Dislikedhow are you doing on trades for the last 1 month (in percentages)? what hours do you like to trade?.Ignored
DislikedYou are a pioneer and I hope Bill knows this...Ignored
Disliked... I will wait first for fractal brake and than to a green bar and jump in , I will use a large stop because it could be a roller coaster.Ignored
DislikedI waited for a close below the fractal. I know that the Profitunity books all talk about putting orders "one tick below", but I have seen prices go and hit that one tick below only to go the other direction. Waiting for a close below the fractal point is a lot safer in my book.
DislikedYou say that you wait for a close below or above the fractal. At what point do you place your buy or sell orders then - and what type of orders are you placing i.e. limit, stop, or market orders in the direction of the fractal?Ignored
Disliked"Because each setup has its pros stop orders are placed on each side for the setup bar."
taking account of bullish divergent bar , placing buy above bdb and placing sell below the fractal , is it the scenario u are talking about , now bearish fractal broken but not valid break and now market reached the buy order of bdb. so under the circumstances both have been touched what is the step be taken to or what u have taken so that future analysis will give additional input to us