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- Bazenga replied Jul 14, 2023
Hello Outcast. Scott Taylor has addressed the question of which fractal he uses several times in his YouTube Channel. The most recent time he addressed it was yesterday, and I have taken a screen shot of it as shown below. So he uses Fractals by ...
- Bazenga replied Jul 12, 2023
Hey Haz. You've asked an important question about inside bars. Here's my current understanding. First look at the image below. Note the liquidity sweep to the downside of the nearest fractal, during a killzone (pale green area). I've labelled the ...
- Bazenga replied Jul 11, 2023
Have a look at the image below. The big brown rectangle is the 15 minute range, delineated by the left-most fractals inside it. The light green zone is the killzone. So as you can see, the price first breaches the 15 minute fractal outside the ...
- Bazenga replied Jul 10, 2023
No, that wouldn't be the correct range. I will explain the thinking process that one uses to correctly establish the current ranges. First examine the image below. It is the image you had posted, but I have added some numbers on it to make my ...
- Bazenga replied Jul 10, 2023
Worth noting that Scott recently slightly changed his London and New York kill zones. The times quoted here are British Summer Time: GMT +1.
- Bazenga replied Jul 10, 2023
In addition to the 3 original pairs (EURUSD, GPBUSD and USDCHF), there are traders using TPOT to trade even Gold, AUDUSD and JPY pairs. Scott seems okay with this. TPOT means The Power Of Two. This system.
- Bazenga replied Jul 10, 2023
Apparently there's a maximum daily loss allowed: don't lose more than 3% in a single day. That means don't trade more than 3 losing trades within a single day, if there are no winning trades on the same day to offset the losses.
- Bazenga replied Jul 10, 2023
Important qualification for the Extended Sweep invalidation in the following images.
- Posts by Member Search: 'Bazenga'