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Simple Market Flow Trading System

  • #241
  • Jan 14, 2014 5:37am Jan 14, 2014 5:37am
USDJPY call made by Ochuko seems to be forming a shooting star herami combo at the first level of resistance
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyh1.png Size: 40 KB
  • #242
  • Jan 14, 2014 5:38am Jan 14, 2014 5:38am
Quoting GrassrootTdr
EURGBP long setup happening using the herami pattern formed by the whipsaw candle {image}

Good one there. Keep the post coming.
  • #243
  • Jan 14, 2014 5:42am Jan 14, 2014 5:42am
I dk Ochuko Whipsaw candles seem to be the norm today I've seen this on alot of pairs, maybe alittle indecision coming from the news dropping 8:30 est, using your strategy do you suggest waiting for the news to come out, or just not place any trades around any heavy news?
  • #244
  • Jan 14, 2014 5:46am Jan 14, 2014 5:46am
USDCAD has been up for a few days, but seems to be forming a triangle pattern on the 1hr timeframe an outright break may occur or a retest of the trendline and any of the other support areas is possible before closing below the fractal break.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadh1.png Size: 44 KB
  • #245
  • Jan 14, 2014 5:57am Jan 14, 2014 5:57am
Quoting GrassrootTdr
I dk Ochuko Whipsaw candles seem to be the norm today I've seen this on alot of pairs, maybe alittle indecision coming from the news dropping 8:30 est, using your strategy do you suggest waiting for the news to come out, or just not place any trades around any heavy news?
Trade after news release, especially if it is a majorone. Of course you should know that news are always filled with uncertainties.
  • #246
  • Jan 14, 2014 5:59am Jan 14, 2014 5:59am
AUDUSD and GBPAUD Market Flow have been invalidated.
  • #247
  • Jan 14, 2014 6:02am Jan 14, 2014 6:02am
Quoting ochuko
AUDUSD and GBPAUD Market Flow have been invalidated.

Just for clarification purposes, if price on any time frame closes below the fractal break the pair is invalidated? I thought it had to be a daily close
  • #248
  • Jan 14, 2014 6:10am Jan 14, 2014 6:10am
Quoting GrassrootTdr
{quote} Just for clarification purposes, if price on any time frame closes below the fractal break the pair is invalidated? I thought it had to be a daily close

Yes it is a daily close. However, since price have gone beyond that price, I will NOT be looking for trade set up beyond that price EXCEPT price goes in the direction of the market flow. The reason why I mention that it's been invalidated.
  • #249
  • Jan 14, 2014 6:14am Jan 14, 2014 6:14am
Quoting ochuko
{quote} Yes it is a daily close. However, since price have gone beyond that price, I will NOT be looking for trade set up beyond that price EXCEPT price goes in the direction of the market flow. The reason why I mention that it's been invalidated.

OK I see what you mean about invalidation on the AUDUSD
  • #250
  • Jan 14, 2014 6:40am Jan 14, 2014 6:40am
EURGBP invalidated
  • #251
  • Jan 14, 2014 9:00am Jan 14, 2014 9:00am
Hi Ochuko,

This is my first post on FF, i'm interesting to your simple market flow strategy. I've watch your great video about this strategy, but i have a question about invalidation setup. Below are GBPJPY D1 and H1 charts, as you can see on D1 chart the price has break the fractal line but the candle is not complete yet. Does it has to be close above the line for the setup become invalid?

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpydaily.png Size: 34 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh1.png Size: 33 KB
  • #252
  • Jan 14, 2014 9:45am Jan 14, 2014 9:45am
Quoting inoycavalera
Hi Ochuko, This is my first post on FF, i'm interesting to your simple market flow strategy. I've watch your great video about this strategy, but i have a question about invalidation setup. Below are GBPJPY D1 and H1 charts, as you can see on D1 chart the price has break the fractal line but the candle is not complete yet. Does it has to be close above the line for the setup become invalid? {image} {image}

Congrats on the first post did mine not to long ago, but might be able to shed some light as i had the same question earlier.........so basically even though on the daily chart price did close below the fractal you would pass on any formations on the 1hr chart that happen above the fractal break line, so looking at you 1hr chart you could have taken the trade using the pinbar formation that just closed to go short, but if price closes above that line then you would not longer be interested in trading this pair until it comes back below and tests a level of some sort whether it is resistance or a trendline..........hope it helps
  • #253
  • Jan 14, 2014 9:48am Jan 14, 2014 9:48am
NZDUSD pattern about to complete off a medium term 1hr trendline, might be a chance to go long
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdh1.png Size: 41 KB
  • #254
  • Jan 14, 2014 9:57am Jan 14, 2014 9:57am
Quoting inoycavalera
Hi Ochuko, This is my first post on FF, i'm interesting to your simple market flow strategy. I've watch your great video about this strategy, but i have a question about invalidation setup. Below are GBPJPY D1 and H1 charts, as you can see on D1 chart the price has break the fractal line but the candle is not complete yet. Does it has to be close above the line for the setup become invalid? {image} {image}
For a market Flow Set Up to be invalid, price MUST close beyond the price that broke the preceding fractal. With regards to the picture you just sent, the market flow set up on Daily time frame is still valid and we will still use it as a reference until price closes beyond it.
  • #255
  • Jan 14, 2014 4:57pm Jan 14, 2014 4:57pm
No new market flow set up for now. Most of the set up posted earlier have been invalidated.
For now our eyes are on EURCAD cad. It moved nicely in our favour.
  • #256
  • Jan 15, 2014 12:53am Jan 15, 2014 12:53am
Quoting ochuko
NZDUSD Market Flow Set Up {image} {image}
Hello Good morning..

There is an opportunity coming up on this pair. However, please you can also check CHFJPY for a short.
  • #257
  • Jan 15, 2014 1:19am Jan 15, 2014 1:19am
Quoting omoluabii
{quote} Hello Good morning.. There is an opportunity coming up on this pair. However, please you can also check CHFJPY for a short.

There is an opportunity on CHFJPY, however, over here I will pass it and wait. Reason, two new fractals have formed after that break.
  • #258
  • Jan 15, 2014 1:23am Jan 15, 2014 1:23am
Quoting ochuko
{quote} There is an opportunity on CHFJPY, however, over here I will pass it and wait. Reason, two new fractals have formed after that break.
Thanks Ochuko.. Are you referring to 1hr where we have the support (rightly where the two fractals are)? Can you please explain with a picture? Thanks.
  • #259
  • Jan 15, 2014 2:32am Jan 15, 2014 2:32am
Are your Eyes watching the USD/JPY buy set up on the h1 chart? Is it a valid trade?
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyh1.png Size: 96 KB
  • #260
  • Jan 15, 2014 3:01am Jan 15, 2014 3:01am
Quoting mgs1f
Are your Eyes watching the USD/JPY buy set up on the h1 chart? Is it a valid trade? {image}
Hi,
USDJYP has been invalidated.
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