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My Fractal Break Trading Journal

  • #1
  • First Post: Jan 4, 2016 2:14am Jan 4, 2016 2:14am
Just keeping it simple,
I am using this space to document down each trade I made from the simple Fractal Break Trading Strategy that I have found on FF recently.

It is just for Journal-ling purpose, if you see anything interesting or want to know more about it, please refer to where I have learned it from, which is
http://www.forexfactory.com/showthre...=465105&page=1 - credit to Ochuko, Simple Market Flow Trading System.

So here we go, all the best for 2016 Trading for all of us
Dedication brings Satisfaction and Success.
  • #2
  • Jan 4, 2016 2:35am Jan 4, 2016 2:35am
Good Luck Chik
Time hides Nothing
  • #3
  • Edited 9:55am Jan 4, 2016 2:44am | Edited 9:55am
#1 setup GBPUSD

Daily Chart
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1010085_GBPUSD_2016-01-04_16-56-15.png Size: 59 KB


From here, the broken of the down fractal, is where I pre-set my entry order.

1 HR Chart
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1010085_GBPUSD_2016-01-04_17-25-03.png Size: 86 KB


This is around 1:1 R, why 1:1? Because it's already hitting the extreme point of the bottom of the weekly channel - and means it is possibly coming back up to around 1.5000 . So I feel it is too risky to put a sell order for an aggressive target.
It is already third wave and the downtrend is exhuasted

Result: Target met ( win +1)
Dedication brings Satisfaction and Success.
  • #4
  • Jan 4, 2016 3:45am Jan 4, 2016 3:45am
Hey Nik nice to see you still around, good luck
si hoc legere scis nimium eruditionis habes
  • #5
  • Jan 4, 2016 3:56am Jan 4, 2016 3:56am
#2 (Potential) set up

EURUSD Daily
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1010085_EURUSD_2016-01-04_17-52-23.png Size: 79 KB
Dedication brings Satisfaction and Success.
  • #6
  • Jan 4, 2016 3:57am Jan 4, 2016 3:57am
Quoting numbnuts
Hey Nik nice to see you still around, good luck
Thx numbunts! Also see you just made a new thread , will have to check it out properly later on!
All the Best
Dedication brings Satisfaction and Success.
  • #7
  • Jan 4, 2016 3:58am Jan 4, 2016 3:58am
Quoting CindyXXXX
Good Luck Chik
CindyXXXX , the sexiest woman I know from FF, you are my idol! How can I be like you
Dedication brings Satisfaction and Success.
  • #8
  • Jan 4, 2016 1:28pm Jan 4, 2016 1:28pm
Hey Nick.. lovely to see you around

Subscribed..
Memories caught in time but never forgotten
  • #9
  • Jan 4, 2016 2:17pm Jan 4, 2016 2:17pm
I like the intire Idea of fractal breaks .. traded it some years ago with a little success .
Good to see you .. + good luck with your thread.
Subscribed ;-)

Guido
Risiko birgt immer auch die Chance.
  • #10
  • Jan 5, 2016 2:31am Jan 5, 2016 2:31am
#3 UJ setup sell

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1010085_USDJPY_2016-01-05_16-05-22.png Size: 81 KB


moving down from daily to 1HR chart

1HR
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1010085_USDJPY_2016-01-05_16-28-10.png Size: 96 KB


R:R =1:2, potential return +130pips.
Dedication brings Satisfaction and Success.
  • #11
  • Jan 5, 2016 2:32am Jan 5, 2016 2:32am
Quoting j4d
Hey Nick.. lovely to see you around Subscribed..
Hey ja, welcome on board
Dedication brings Satisfaction and Success.
  • #12
  • Jan 5, 2016 2:37am Jan 5, 2016 2:37am
Quoting Sesamstrasse
I like the intire Idea of fractal breaks .. traded it some years ago with a little success . Good to see you .. + good luck with your thread. Subscribed ;-) Guido
Hi Guido,
I know what you mean, I used to just get into a trade immediate once the fractal breaks, but I realize that was not a sound idea because usually when a fractal breaks, it is also the previous S/R also so it will pull or bounce back half of the time. The approach I am using here is getting in from the 2nd time at the re-test. If that make sense
Dedication brings Satisfaction and Success.
  • #13
  • Jan 5, 2016 2:53am Jan 5, 2016 2:53am
#4 (Potential ) USDCAD buy setup

Daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1010085_USDCAD_2016-01-05_16-46-38.png Size: 58 KB


and moving down from Daily to 1 HR chart
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1010085_USDCAD_2016-01-05_16-51-43.png Size: 97 KB


Since it is no top, potentially can gain 200+pips!
Dedication brings Satisfaction and Success.
  • #14
  • Jan 5, 2016 12:42pm Jan 5, 2016 12:42pm
Quoting Phatori Gal
{quote} Hi Guido, I know what you mean, ...... . If that make sense
Hey Nikki ..
Sure ,it makes sense !
I had success when I was trading it..
The fractals I used was a support/ resistance indi, fractals based.. .. only in H1
.

.. I think it was the first trading system I used in trading , what was successful .. later I decided what suits more to me .. but it was working.. no doubt
.. green pips to you and good luck with your thread
Guido
Risiko birgt immer auch die Chance.
  • #15
  • Jan 18, 2016 8:34am Jan 18, 2016 8:34am
Hi what about this journey? No more upgrade? I learn from your link the strategy of Ochuku that I like a lot. It is a pity that no body anymore is following that amazing strategy, I will do!
Syl
  • #16
  • Jan 18, 2016 10:31am Jan 18, 2016 10:31am
Quoting sylbolid
Hi what about this journey? No more upgrade? I learn from your link the strategy of Ochuku that I like a lot. It is a pity that no body anymore is following that amazing strategy, I will do! Syl
Hi sylbolid,

Thanks for dropping in.
I found this way of trading have 2 major set back.
1) it produces very late entry.
2) does not get a space to enter a strong rally when it is on its home run.

My Fractals journey is keep going, please see my other thread - Fractal Reverse Engineering for my later updates

All the best to you!
Dedication brings Satisfaction and Success.
  • #17
  • Last Post: Jan 22, 2016 2:35am Jan 22, 2016 2:35am
Quoting Phatori Gal
{quote} Hi sylbolid, Thanks for dropping in. I found this way of trading have 2 major set back. 1) it produces very late entry. 2) does not get a space to enter a strong rally when it is on its home run. My Fractals journey is keep going, please see my other thread - Fractal Reverse Engineering for my later updates All the best to you!
Ok thanks, I am going there!
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