Fractal Breakout Stragety - by Bill Williams Part 1
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Uploader Comments (ExpertTrading)
All Comments (7)
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you are wrong, math can indeed explain and predict market moves. the reason you say it isn't is because you do know how to do it ;-)
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@SilverShamrock71 yeah, I will definately use lower timeframes for confirmation of momentum. I have been really busy recently, but I hope to have the next video up soon.
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@SilverShamrock71 I'm looking at putting together a system based around Bill's chaos method to initially test on demo. Am thinking along the lines of only taking entries when multi-TF confluence confirms and using lower TFs for actual set-ups and entry triggers. I notice on one of your subsequent videos you talk about using lower TFs.
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@ExpertTrading yes that's a very good point, the best systems are always tailored to suit personality and trading style.
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Nice one!
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Didn't Bill himself say that the fractal system is applicable to any TF?
SilverShamrock71 10 months ago
@SilverShamrock71 yes he did, however I felt that the markets recently (over the last three years) have been exceptionally volatile. If you feel comfortable trading on the lower time frames then thats fine. In my new video series I will go over the fact that you can justify any trading method as long as its rational and you have results to back it up.
No one can ever say that you are wrong when trading your own system.
ExpertTrading 10 months ago