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FireScape replied Jul 6, 2023The more we share, the more we all learn. Keep posting setups and anything else you do that contributes to your profitably as I am eager to learn from you all and I hope the same to you.
Power of Two System
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FireScape replied Jul 6, 2023Friendly Reminder! Spotting setups is only the first of many steps to becoming profitable with a system. When you’re on your live account, do you stick to your plan or do you fomo, moving tps, and SLs around. Can you handle 3 losses in a row? How ...
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FireScape replied Jul 6, 2023A scanner would be nice to show pairs currently in SFT, or NFT or waiting ill see what I can do
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FireScape replied Jul 6, 2023Great setups! Look at USDCHF. It has been in Bullish SFT for some time and if you look at 15M there were two beautiful trades in there. Now in a SFT you don’t need discount/premium for setups but first trade retraced back just below discount and TPd ...
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FireScape replied Jul 5, 2023ah, our brokers have different values so fractals can display different sometimes
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FireScape replied Jul 5, 2023Here's an example of shorting into Discount after a bullish SFT. We get an example of some external interaction, and advanced methodology. Trade takes awhile, but doesn't matter, we're not watching charts. There's a lot of moving parts but i'm ...
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FireScape replied Jul 5, 2023great question, I specifically asked this to the creator. apparently even on a bullish SFT you can short. I guess the logic is that we know price wants to move higher so even if we retrace to a premium level, you can take a long I myself haven’t ...
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FireScape replied Jul 5, 2023counter trend is an advanced methodology you can use when you are very comfortable with normal system Essentially when you have let’s say for example a NFT to the upside (bearish bias), but price drops all the way back into discount..you can ...
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FireScape replied Jul 5, 2023In your second trade, is your entry liquidity sweep on a fractal?
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FireScape replied Jul 5, 2023Once again for clarification.. on H4 if you have follow through and move your range to the new appropriate high/low.. and then.. time goes on and your range never gets interacted with but a new h4 fractal pops up , maybe on the candle that created ...
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FireScape replied Jul 5, 2023Maybe this is a discretionary method you can add to your system. There’s no right or wrong, make the system as profitable as it can be for you. We can all learn
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FireScape replied Jul 5, 2023yes, EURUSD was in a NFT to the downside (bullish) and on 15M swept liquidity right at NYKZ open
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FireScape replied Jul 5, 2023There’s been lots of winners lately but remember that the strike rate is somewhere in the area of 40-60% which means we’re due for some losers. To be successful traders , we have to accept these losses and understand it’s inevitable. However if you ...
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FireScape replied Jul 5, 2023not quite, your external range should be from most recent h4 fractal h/l
Power of Two System