Fractal trading???? | Traders Hideout - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


Fractal trading????

  #13 (permalink)

Toronto Canada
Trading Experience: Intermediate
Platform: ninjatrader
Favorite Futures: es
mmaker's Avatar
Posts: 373 since Feb 2011
Thanks: 1,176 given, 459 received

If I may

rintin2x View Post
Been reading some threads here mentioning fractal this, fractal that....but what exactly is fractal trading? How is it applied to trading? The word itself is above my head, can somebody explain what this is with trading example....please

If I may offer a simple explanation....

A fractal to me is.....

Take any pattern you see in a small timeframe chart... 1 minute, 5 minute, hourly... it does not matter.

You will see a similar pattern or even as far as you can tell an almost exact pattern (good enough for your needs) replicated on a daily, weekly or monthly chart.

Regardless of timeframe these patterns repeat.

In fact, if i was to strip off the timeframe and just showed you the pattern you would not be able to tell me if it was minute based, hourly, daily, weekly or monthly.

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to mmaker for this post: