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FireScape replied Jun 29, 2023Nope not at all. I’m using the concepts that are demonstrated in the videos and trying to organize them so we can learn the strategy together.
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FireScape replied Jun 29, 2023Very close, however check the recent fractal low break. It was a bearish close then a bullish close which = NFT and there hasn’t been another fractal yet, so we’re still bullish, just pushing range down.
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FireScape replied Jun 29, 2023yep exactly we’re always making sure we’re using the most recent fractal highs and lows especially on h4
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FireScape replied Jun 29, 2023Let’s clarify, make it simple. If you’re on 15M and the h4 fractal ranged is breached, stop looking for trades. Reevaluate h4 bias. The creator mentions this in his latest video I will update this in main thread
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FireScape replied Jun 29, 2023Now if price sweeps this new fractal low on m15 you have a buy, if we were in KZ
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FireScape replied Jun 29, 2023Since there’s no new fractals on h4, this is still a NFT to the downside extension..so this would be new range and now we look for buys in discount.
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FireScape replied Jun 29, 2023this setup is tricky because the h4 range is in extension and not clean. That’s why he says to reevaluate your htf bias and range after interaction , look at post 42. for now as you learn I would only trade clear ranges
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FireScape replied Jun 29, 2023Entry is based off the 15M fractal sweep, where as in this example price comes down below the htf range which should extend the range, and then you should be waiting for a new fractal sweep after the extension.
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FireScape replied Jun 29, 2023KZs about to end and doesn’t look like there will be a setup though
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FireScape replied Jun 29, 2023we have a bearish close bellow fractal low - no bias. Then a bullish close - NFT bullish bias. Then price continues lower , so you extend the bottom of the range , but can still look for setups inside discount on the 15m but make sure you keep ...
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FireScape replied Jun 29, 2023technically there’s no new fractal on the h4 so it’s still a NFT to the down side(bullish) with a extended bottom range.
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FireScape replied Jun 29, 2023GBPUSD closed below fractal low so we’re waiting for the time being … if price closes bullish it’s a NFT and if price closes bearish it’s a SFT
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FireScape replied Jun 29, 2023I’m not going to show anymore mobile photos for the day but just wanted to update the 4H bias Heading into entry timeframe and NYKZ
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FireScape replied Jun 29, 2023GBPUSD has a NFT to the downside (bullish bias) as we head in into NYKZ soon.You can see the large bearish candle take out liquidity and then close bullish .Move range to new low and find EQ. Wait for fractal sweep low on discount during KZ on m15 ...
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FireScape replied Jun 29, 2023Correct, in the second post I didn’t demonstrate this so might have confused you sorry
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FireScape replied Jun 29, 2023yeah fractals are good here, but don’t forget to draw your range to find EQ and pre/disc. On the 15M I can see the trade definitely happened in discount so that’s fine, but sometimes we can stay in a range for a while bouncing between discount and ...
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FireScape replied Jun 29, 2023there was actually a NFT to the downside for bullish bias
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