Thread: The Fractal Approach to S plus R

I then make the same mess I did earlier with all the traces onto the fractals.

And see which ones overlap with pivots

Then I wash up it leaving only the lines which match up with pivots.

Do the fibs on the 30M chart. Notice the 50 percent

Originally Posted by ;

I have a few moe illuions and would love to post them before I answer any queries. But please feel free to post tham and I'll try to be instantaneous.
Thanks.

Oedipus,

Many thanks to launching yet another intriguing thread. A appliion of s/r trading.

Which pair(s) would you devote most attention to these days?

BR

I then place my order in the field of confluence place a 50 pip stop and profit in the 127. Proceed to bed and wake up to this.

This will work well during news. I have a good example of a commerce that unfolded during the last UK rate cut. All these a but do happen and pay to keep an eye out for.
This exampl has it all except I wanted to go brief and could not as market flow was up.

Well xmas came first in the form of the united kingdom rate cut and market flow changed then came back to my own entrance.

You can see how this went. Now I'd love to tell you I held fast and made a fortune but this occurred at exactly the exact same time as I got entered into the Aussie trade that I set up the evening before. Suddenly I was in two trades for double the risk I'm utilized to right following a major news announcement and I freaked. I'd get 100 pips from cable but broke my rules and bailed early.
I did hold the Aussie to profit and ended up with a fantastic day.

I like this program very much, thanks for sharing.

I have a few quick questions:

1) Are you using 0:00 GMT since the start of a new day?
2) Do you use M1, M2, etc. when finding areas of confluence?
3) Do you always Fib from daily high to low, or do you make exceptions when there's a clear wave from the preceding day(s)?

Thank you again.