Get started

Fractal

Fractals (Part 3 of 3/Definition & How To Use)Fractals Definition: A Fractal is a graphical figure of technical analysis which is usually used by traders to find the most appropriate entry and exit point on the market. To make more accurate decisions, a fractal is used mostly in conjunction with other indicators and methods of technical analysis since it is seen as a lagging indicator. A fractal is made up of five candles, the average of which indicates either the maximum or minimum price in the time period. As a rule of thumb, about 75-80% of the time, the foreign exchange market is in a state of consolidation. Only 20% of the time the price moves significantly in what could be considered a trending direction. How to determine the limits of consolidation and moments when the price moves from consolidation stage to trend stage? The fractal indicator can help you with this – one of five unique technical indicators of Bill Williams, that are rightfully revolutionary in the field of online trading and technical analysis. A description related to the specifics of the operation of the Fractals indicator can be found within this article. Fractal indicator determines for us nothing more than local low and high, breakdowns of which are usually associated with local changes in trends, and it works without repainting. The fractal signal about formation of a new local low or high on the chart is two candles late. Since, according to the calculation formula of this technical indicator, to determine the highest of the five candles, the indicator analyzes the mutual construction of the first two, mid, and the last two candles. If middle candle is higher than four candles in this row, the fractal indicator “draws” an up arrow above it. If the middle candle is lower than the other four, a down arrow appears under it. When the fractal arrow appears above or below the candles, it is most likely too late to enter these signals, since price may have already moved far away from optimal level to enter the market. fractal indicators to determine the possible direction of price. How to use fractals in Forex Fractal links of exchange prices and the repeating structures have been confirmed by the results of computer modeling. The fractal (fr om Latin fractus) means a steady scalable design of irregular shape emerging on any data. The trade fractal in the financial market is the candle pattern formed by at least 5 (or more) candles, max/min of the central candle of which exceeds the extremes of the neighboring candles. Emergence of fractals means the beginning of a new price pyramid and is considered as a trading signal. *Note: Look for trades with the five Forex energies aligned up with trade you want to take which are: trend, momentum, fractal, liquidity & volume.
Education
by Anbat
Fractals (Part 2 of 3/Buying)Example of a buy fractal on Gbp/Nzd 15 minute: Rules: 1) Enter after candlestick #5 2) Put stop below candlestick #3 3) Set exit or target of at least two times risk/reward. This example is 1:2 on chart. Fractals can happen on any charts, if you scalp or day trade use them on 15 minute or 1 hour charts and maybe 4 hour charts might work. What is the fractal analysis and what’s its value? The aim of such analysis is «to notice» in time and correctly to treat fractal designs in conjunction with other market data regardless of whether they are fundamental and technical, volume and temporary. The set of the real fractals is very dynamic. It can vary depending on quantity and structure. For instance, emergence of max/min for a fractal need not be consecutive. The main thing is that one of the central bars has to show an obvious extreme. Therefore, non-standard combinations can also be used as fractals: Remember that the best forex trades happen when the five energies are in alignment with trade: these are momentum, trend, fractal, volume and liquidity. This is the main reason to trade during the time in between London open to London close- this is where the five energies are easily found to trade. Good luck!!!
Education
by Anbat
Fractals (Part 1 of 3/Selling)Trading with fractals is extensively used by the large market players and it is the best indicator of the fractals’ reliability. The combinations of fractals have such characteristics as self-similarity, scaling and memory of the «entry conditions», and, therefore, they can be used successfully for making price forecasts. How to use fractals in Forex Fractal links of exchange prices and the repeating structures have been confirmed by the results of computer modeling. The fractal (fr om Latin fractus) means a steady scalable design of irregular shape emerging on any data. The trade fractal in the financial market is the candle pattern formed by at least 5 (or more) candles, max/min of the central candle of which exceeds the extremes of the neighboring candles. Emergence of fractals means the beginning of a new price pyramid and is considered as a trading signal. A fractal down (or a signal for position to sell) is reverse pattern made up by five (or more) consecutive candles. Rules of a sell fractal setup: 1) Place stop above middle candlestick or #3 2) Place enter order at close of candlestick #5 3) Place target order at exit that is at your risk management level and strategy 4) Does sell fractal happen at a high volume and liquidity time? Chart is end of London and start of NY session, so YES. * On Gbp/Usd noted 15 minute chart, there is a 1:3 risk reward set up. This trade had all five energies: momentum, trend, fractal, liquidity and volume If any trade set up has all five energies- that is a great trade to take with a high win rate %. good luck and good trading.
Education
by Anbat
This wave pattern is very close to reality, Here you can see how an extended flat elliot wave should be counted. However there are multiple counts possible on current date, Using different geometric tools and projections, we can pretty determine accuratly where the price currently is behaving. Therefore I'm expecting at this moment a new wave up, which can be pretty str8 forward, since it is an ABC counting 2 impulse waves. every A and C wave can be impulse or diagonal. So this complex corrective wave will not be easy for many traders to trade. Here are some guidelines to help you identify the right trading spot for trading. There are multiple tools to calculate the these elliot wave turning points on the forecast. It is not hard, however some studies you need to know on counting elliot wave and its fibonacci sequence correlation! Try to avoid the B waves for trading, Only trade the A and C wave, it is easier to do so in the bigger impulse 3 wave. Fib sequences, Since it looks like this corrective C wave, is an diagonal.. We expect wave 5 to be projected around 44-46k. However, it really depends on the stretch of current A B C wave in wave 2. once we completed this up leg. prepare for shorts, Ofcourse the C wave currently is an bearisch trend. So make sure you only trade the short moves, not the longs. Only if you know how to calculate turning points within these trend, it is possible to benefit from it, as you can pretty accuratly predit where the price reversal zones exists. I wish you all the best in Trading. Please Share and like!
COINBASE:BTCUSDEducation
by AppY-Crypto
2
Dow Jones 1930 Breakdown of the trend -81% Update after 25 yearsA similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years. The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a support. If there is a breakdown of the uptrend line and the price consolidates below it, a very dangerous situation will arise like in 1930 and a complete collapse of the US economy. Let's hope this does not happen. My former trading idea is an indicator. Published in April 2019. Which gave a signal of a market reversal before its fall. The relationship of the Dow Jones and the Fed% rate We are ahead of the financial crisis.
TVC:DJIEducation
by SpartaBTC
8