My 2nd Win Using Fractal Flow Anchored with Contextual Analysis
This win meant a lot for me. Not only did I get my 2nd win after two straight losses, but I also managed to grab a 1:5 RRR in this trade. Quick brief on how I lost, I basically got lazy and did not build a solid market context so I only traded the indicators that I saw. I swore to not do it again so I really thought hard to pull this FTM trade off.
In this trade, I employed the 1st Law of Thermodynamics which states that energy is neither created nor destroyed. Energy just transforms to another form. In relation to trading, one gets exhausted and one accumulates energy. As shown in the chart, points 1-3 showed how buyers tried to create a higher high but they got exhausted in the end and sellers took control of situation. They were able to accumulate a lot of power to create a lower low in the minor flow. However, note that sellers expelled a lot of energy. If the buyers challenged them again, they might not have enough power anymore to defend their current position. So the moment I saw that the buyers were trying to stand their ground on points 4-6, I immediately sensed that sellers might give up anytime due to the reasons mentioned earlier. So I waited for an opportunity to go long until a bullish fractal bar appeared together with a bullish divergence. The two confirmed my theory that the sellers are losing power so I longed up to the outward frequency of the supply zone. It took 5 hours for the trade to complete and I bagged 500% of what I traded.
This trade just shows the power of fractal flow strategy. It can give you a high quality trade because it allows you to enter and exit on market edges!
If you guys want to learn more about the strategy, hit me up on my twitter! @flerovium_ Louis | SPRTN
In this trade, I employed the 1st Law of Thermodynamics which states that energy is neither created nor destroyed. Energy just transforms to another form. In relation to trading, one gets exhausted and one accumulates energy. As shown in the chart, points 1-3 showed how buyers tried to create a higher high but they got exhausted in the end and sellers took control of situation. They were able to accumulate a lot of power to create a lower low in the minor flow. However, note that sellers expelled a lot of energy. If the buyers challenged them again, they might not have enough power anymore to defend their current position. So the moment I saw that the buyers were trying to stand their ground on points 4-6, I immediately sensed that sellers might give up anytime due to the reasons mentioned earlier. So I waited for an opportunity to go long until a bullish fractal bar appeared together with a bullish divergence. The two confirmed my theory that the sellers are losing power so I longed up to the outward frequency of the supply zone. It took 5 hours for the trade to complete and I bagged 500% of what I traded.
This trade just shows the power of fractal flow strategy. It can give you a high quality trade because it allows you to enter and exit on market edges!
If you guys want to learn more about the strategy, hit me up on my twitter! @flerovium_ Louis | SPRTN