I'm obviously not Feb but, seeing as I'm an opinionated old sod, I thought I'd add in my views on your question. If you look back at all the "up fractals" for a period of time on a chart, you will no doubt find that a good proportion of those are ...

The System (Irony included)

That's very kind Trader V, thanks The fact Feb and yourself were prepared to be so sharing and helpful is what encouraged me to jump onboard too. I feel right at home already and agree completely regarding slightly different perspectives. They ...

The System (Irony included)

Fractals — Here's a definition of Fractals in the Bill Williams "counting fractals" sense. __________ The basic definition of an 'up' fractal is a bar high that is both higher than the two bars immediately preceding it, and higher than the two ...

The System (Irony included)

Feb, My gut feeling is an oil retreat and the subsequent end of the "free money" available for shorting USDCAD. 1.0330 and then 1.0870 would be initial areas of interest but I don't think it's crazy to imagine we could see 20% appreciation in this ...

The System (Irony included)

You're quite right about the CAD trade being counter-trend and there is great sense in sticking with the dominant trend initially. Apologies, I got ahead of myself and don't want any inexperienced onlookers to start getting gung-ho too quickly If ...

The System (Irony included)

Glad it makes sense The way I look at the timeframes is to think of them as a magnifying glass with various strength settings. Sometimes the picture is so clear from the monthly or weekly charts that I don't need to zoom in further and can take a ...

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Hello ownshook, Did you catch the ride up on USDCAD? My entry was in the 9480 area when the strength had confirmed itself (V formation to keep the language in line with the thread) and the journey up was relatively trouble-free. You are right - it ...

The System (Irony included)

Hi Shreem, Thanks very much for posting those charts to give visual representation. I'll practice using attachments in due course! Hey Leigh, You've made me chuckle a few times already in this thread. Don't change a thing Yes, in this instance my ...

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Trade Examples — These are the last trade I have taken. I'm posting it to add to the discussion about actual examples and it will demonstrate my thinking (free from indicators!). Of course, examples also give others the chance to decide how ...

The System (Irony included)

Nice Thread! — Hello everyone, As someone who has long since passed the hours of waiting for trades to setup by browsing FF, I finally felt compelled to register and contribute. As an old dog, I am very amused by keeping count of the number of ...

The System (Irony included)