urbanforex
Junior member
- Messages
- 26
- Likes
- 0
The Fractal Guru Strategy
Time Frame : 15mins and above
Indicators : Average Directional Movement Index - ADX (Settings : 14) and Fractals
Strategy by : Navin Prithyani
Long (Buy) Positions Using The Fractal Guru Strategy
- On the ADX, the dotted green should be above dotted red and the solid blue line should be steadily rising
- Look for a Candlestick with a tail pointing to a Down Arrow Fractal
- When you see this Down Arrow Fractal, enter Long.
- Place stops 5 pips below the low of the Fractal Candle.
- Exit using proper money management or upon the cross of the dotted green and red lines in the ADX.
Long Position Example 1 :
Long Position Example 2 :
Short (Sell) Positions Using The Fractal Guru Strategy
- On the ADX, the dotted red line should be above dotted green line and the solid blue line should be steadily rising
- Look for a Candlestick with a tail pointing to a Up Arrow Fractal
- When you see this Up Arrow Fractal, enter Short.
- Place stops 5 pips above the high of the Fractal Candle.
- Exit using proper money management or upon the cross of the dotted green and red lines in the ADX.
Short Position Example :
Please share your ideas about this strategy. It will be nice to make new forex friends also.![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
- Navin
![fractal_guru_strategy.jpg](/proxy.php?image=http%3A%2F%2Fwww.urbanforex.com%2Fimages%2Fforex_strategies%2Ffractal_guru%2Ffractal_guru_strategy.jpg&hash=dcd748f010da07c45c433fc54bf7723f)
Time Frame : 15mins and above
Indicators : Average Directional Movement Index - ADX (Settings : 14) and Fractals
Strategy by : Navin Prithyani
Long (Buy) Positions Using The Fractal Guru Strategy
- On the ADX, the dotted green should be above dotted red and the solid blue line should be steadily rising
- Look for a Candlestick with a tail pointing to a Down Arrow Fractal
- When you see this Down Arrow Fractal, enter Long.
- Place stops 5 pips below the low of the Fractal Candle.
- Exit using proper money management or upon the cross of the dotted green and red lines in the ADX.
Long Position Example 1 :
![fractal_guru_example1.jpg](/proxy.php?image=http%3A%2F%2Fwww.urbanforex.com%2Fimages%2Fforex_strategies%2Ffractal_guru%2Ffractal_guru_example1.jpg&hash=3f44db1e1d31434e29230e94b87ba612)
Long Position Example 2 :
![fractal_guru_example2.jpg](/proxy.php?image=http%3A%2F%2Fwww.urbanforex.com%2Fimages%2Fforex_strategies%2Ffractal_guru%2Ffractal_guru_example2.jpg&hash=c55c2b69b117b1edf407bcce57b60a08)
Short (Sell) Positions Using The Fractal Guru Strategy
- On the ADX, the dotted red line should be above dotted green line and the solid blue line should be steadily rising
- Look for a Candlestick with a tail pointing to a Up Arrow Fractal
- When you see this Up Arrow Fractal, enter Short.
- Place stops 5 pips above the high of the Fractal Candle.
- Exit using proper money management or upon the cross of the dotted green and red lines in the ADX.
Short Position Example :
![fractal_guru_example3.jpg](/proxy.php?image=http%3A%2F%2Fwww.urbanforex.com%2Fimages%2Fforex_strategies%2Ffractal_guru%2Ffractal_guru_example3.jpg&hash=cbeca0ad26c468710179161c81ab2eb0)
Please share your ideas about this strategy. It will be nice to make new forex friends also.
- Navin