Now, let's look at the same chart on the thirty pip brick frame. Our analysis method is identical.
We look for E lines or BW fractals and BWF hooks. That gives us the big picture and the dominant
trend on the HBF. (Higher Brick Frame.)
In particular, I now want to focus on the thirty-pip-bricks counter trend on the right, where I have
drawn an inverted four, using the customized Fibonacci Expansion tool. Our Four reward target is
above the Master Fib 61.8 sweet zone and it looks as if the 100.00 % level is likely to be hit next.
This is all nice. We can even trail a stop 2 bricks and a pip back (610 points) and relax. We are up
268.3 pips in matter of a couple of days. Lovely.
On the 30 pip bricks our initial stop would be 610 points (two bricks and a pip) and we again trail two
bricks and a pip back.
Now lets be really sneaky here... pay close attention. I am giving you the keys to the kingdom.
If we had been monitoring that corrective wave on the ten pip chart and comparing it to the thirty pip
chart, we would have seen the price on the ten pip dips below the violet line then starts to rise back through
the red line. I placed an ellipse on that event and a corresponding ellipse on the thirty pip chart.
Now this point is very important - pay attention and really think it through:
If you had taken a trade on the Ten pip chart ...
you could have your 210 point stop and get in really early on that thirty pip chart as the
dominant trend reasserts itself.
At this point you are in for the same two day run (so far) and have risked a mere 21
pips to get 345 pips or so ... and it is still going!
That is a 16.5 to 1 RR ratio.
You could also have entered on the ten pip brick figure fours and just have a ball on
that big thirty brick run.
Summary: When you see a big correction on the 30 pip bricks, a 30 pip figure four in
progress, try to enter on the ten pip bricks. Get in early on the move and Ride Sally Ride.
So far, I have kept this to ten and thirty brick charts because the Fibonacci Ratios (3:1)
work well. The two brick frame teeth lines also work out nicely there.
Batavier already uses different brick ratios but finds that the HH HL LL LH sequence, BW
fractals and E lines prove to be universal. He trades the Asian session and has adapted his
charts to effectively handle more appropriate brick sizes for that market. Size doesn't matter.
Try what ever brick sizes you are comfortable with, but keep the larger trend in mind and work
inside of that trend on the lower brick frame for entries. Find a balance between your two brick
frames that works for you.
You should also be able to think through when it is appropriate to change back down to the LBF
for exits, but that is enough to think about today.
We look for E lines or BW fractals and BWF hooks. That gives us the big picture and the dominant
trend on the HBF. (Higher Brick Frame.)
In particular, I now want to focus on the thirty-pip-bricks counter trend on the right, where I have
drawn an inverted four, using the customized Fibonacci Expansion tool. Our Four reward target is
above the Master Fib 61.8 sweet zone and it looks as if the 100.00 % level is likely to be hit next.
This is all nice. We can even trail a stop 2 bricks and a pip back (610 points) and relax. We are up
268.3 pips in matter of a couple of days. Lovely.
On the 30 pip bricks our initial stop would be 610 points (two bricks and a pip) and we again trail two
bricks and a pip back.
Now lets be really sneaky here... pay close attention. I am giving you the keys to the kingdom.
If we had been monitoring that corrective wave on the ten pip chart and comparing it to the thirty pip
chart, we would have seen the price on the ten pip dips below the violet line then starts to rise back through
the red line. I placed an ellipse on that event and a corresponding ellipse on the thirty pip chart.
Now this point is very important - pay attention and really think it through:
If you had taken a trade on the Ten pip chart ...
you could have your 210 point stop and get in really early on that thirty pip chart as the
dominant trend reasserts itself.
At this point you are in for the same two day run (so far) and have risked a mere 21
pips to get 345 pips or so ... and it is still going!
That is a 16.5 to 1 RR ratio.
You could also have entered on the ten pip brick figure fours and just have a ball on
that big thirty brick run.
Summary: When you see a big correction on the 30 pip bricks, a 30 pip figure four in
progress, try to enter on the ten pip bricks. Get in early on the move and Ride Sally Ride.
So far, I have kept this to ten and thirty brick charts because the Fibonacci Ratios (3:1)
work well. The two brick frame teeth lines also work out nicely there.
Batavier already uses different brick ratios but finds that the HH HL LL LH sequence, BW
fractals and E lines prove to be universal. He trades the Asian session and has adapted his
charts to effectively handle more appropriate brick sizes for that market. Size doesn't matter.
Try what ever brick sizes you are comfortable with, but keep the larger trend in mind and work
inside of that trend on the lower brick frame for entries. Find a balance between your two brick
frames that works for you.
You should also be able to think through when it is appropriate to change back down to the LBF
for exits, but that is enough to think about today.
