USDJPY Market Flow Set Up
Attached Image(s) (click to enlarge)
Simple Market Flow Trading System
- #225
- Edited 5:14pm Jan 13, 2014 4:59pm | Edited 5:14pm
See AUDCHF. I posted the market flow analysis here. If you took advantage of it, good luck!!! See how price reacted around our entry region. {image}
Hello ochuko, I'd like to thank you for sharing your strategy. It's awesome and I'm going to learn it and test it
But I have still problem with proper market flow change, after reading all pages + watching video.
I'd like to post where I see a problem, hoping you could help me and show me my errors.
I have a question for the quoted picture you shared.
It's a H1 AUDCHF, and this is how it looks like on D1 for the same time.
From comparing both screen we can see that you noticed a market flow change where the red line/arrow points.
But shouldn't that be a little lower where the green arrow points to ?
Green arrow shows a level where we have a last higher high so breaking of that fractal could mean a flow change ?
However this is how it would look like on H1:
Red arrow - the level you gave us.
Green arrow - the level I am asking about (no signal as it was broke?).
Please show me my errors, and again thank you for such great and simple strategy
///edit:
Is that because the green candle didn't close above fractal I pointed? That could mean we didn't have a market flow breakout.
But then, which fractal from D1 timeframe did you trade there?
- #226
- Edited 8:25pm Jan 13, 2014 7:53pm | Edited 8:25pm
- Joined Feb 2011 | Status: Probabilities, Not Absolutes | 1,246 Posts
NZDCAD Market Flow Set Up {image} {image}
I assume that each time Fractal is broken ( price closed above in these two examples ) your can consider these areas to be tradable on the 1 HR.
Post # 159 AUDCAD had a Fractal below/prior to the one that is indicated for the trade. This would have been a trade previously?
This post NZDCAD has two Fractals prior to the one indicated to trade. These would have been trades previously as well?
Assuming the 1HR comfirmed in all cases.
As price moves long additional fractals may be created or broken, thus creating additional opportunites for sets up on the 1HR.
Thank you for your time,
Good trading to all
TSD
- #228
- Jan 14, 2014 12:39am Jan 14, 2014 12:39am
{quote} Hello ochuko, I'd like to thank you for sharing your strategy. It's awesome and I'm going to learn it and test it
The green arrow and the green shade you drew was a valid fractal break and so good to trade
- #229
- Jan 14, 2014 1:30am Jan 14, 2014 1:30am
- Joined Feb 2011 | Status: Probabilities, Not Absolutes | 1,246 Posts
{quote} Those area where fractal broke previously were trad able and as fractals keep breaking we will keep looking for opportunities in the hourly chart.
Appreciate your response
Very nice method you have here.TSD
