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Re: Fractal Order Blocks Open Secret System

Mustafa, Tue Feb 22, 2022 2:11 am

RplusT wrote: Mon Feb 21, 2022 11:06 pm "The key with trading these is being able to trade as price approaches them rather than wait for confirmation...." Huh! Can you please demonstrate this approach in a Chart example?
Fractals and those order blocks do not show in advance. Just like Semaphores and.......Fractals show highs and lows and thus got to follow price action from one S/D (S/R) level to the next i.e. they got to repaint if PA moves on. Now one will never trade dots, right!? Unless a confirmation is obvious. Thus I'm unable to reconstruct your approach unless I comment about history. And if price would move in the direction I want.....well, that would be a goldmine.
My comment is not meant to be negative, but I think there must be some misunderstanding. I will appreciate to look at an illustration using a chart. Maybe I can learn something new.
I am glad you could ask something without having any intention of being negative....... I will try to clarify that misunderstanding if I could.... There is an order block visible on the chart...... As the price retraced into that order blocks, one could trade it right in the area of the order block with least confirmation...... A stop loss right below the order block would be the exit in case the trade keeps on going down.... However, if price respects that level and resumes the upward movement, the reward could be huge compared to the risk taken... I believe you are a sophisticated trader to have a look at the chart example and grasp the significance of that level and that kind of trading..

In the 2nd screenshot another live trade when price made it to Fractal Order Block and trade was taken at the retouch...... There was some drawdown, but price did not make it to the stop loss and some profit came from the trade....
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