Are you still trading this? How is it going?
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I do still trade this, just not exclusively. I never think to post my trades here, I really should.
Here’s one I opened recently, looking for another step up:
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Would be very interested indeed, if you do - and thank you! 
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I opened this trade a few days ago, last Thursday, I think. In fact, I had 2 other positions the same size at the previous B&R area that both hit my TP. This one went back up to test the previous area, then back down in my direction this week:
I think this one still has a long way to go based on the weekly chart:
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Watching Russ 2000 for a continuation up. I don’t have high hopes for this one, it might just move sideways for a while or retest the bottom of that channel:
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Dear Matty Money,
Aside from candle closing above the 20EMA do you have another entry signal
Cheers
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Hi @Nicjola,
Other than trend direction and SR areas (identitfied with wicks) in my OP, no, I don’t really. But remember:
You can certainly create your own strategy around this.
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There is actually one thing I’ve been looking at recently; it’s a 3 candle B&R pattern where a gap is created. This already has many names, but I’ll re-brand it as the “3-Bar Gap” and claim I invented it:
If you look to the left of any chart you’ll see these all over, and they are often a continuation pattern. I’ve marked a few of them.
This one might be risky due to the erratic behaviour of Oil, but let’s see if the gap is still present at EOD.
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Thanks for sharing this
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Hi, given the market confusion over the last few months, do you use any fundamentals or news?
Or are you just trading of break and retest levels?
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Fair value gap? I think that’s another name.
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Most of the fundamentals can be taken from the chart.
No, I don’t trade the news. Working with higher TF’s, short term volatility from news events doesn’t usually impact my trades too much, as my SL’s are far enough away.
Along with PA, trend, 3-bar gaps (patent pending 
) as well as if price has crossed the 20MA (this can help to avoid getting into a trend too early).
I always look at the bigger picture (daily/weekly, even monthly) to see which way the current trend is going, and I pay attention to HH/HL’s, etc on the daily TF and sometimes look at 4H for confluence.
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That’s the most popular name for it, for the time being…
Thanks for the reply.
I set out on the monthly ( change the levels to round numbers)
Then go to the weekly same again
And then the daily.
And then use the break & retest of those levels on the 4 hour with candlestick confirmation
Never thought about using the 20ma.
I use the 50,100,200.for alignment and confluence.
Stupidly i have been reading about macro economics & news driving the markets & its kinda thrown me off balance 
So good to check in that you don’t and it obviously works 
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Update on this setup - Price broke below Wednesday’s 3-bar gap, voiding my setup. Had I left the order open it would have triggered on Monday. Hopefully, some of you are benefiting. If the trend continues up I might get another opportunity next week.
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JPY has been weak. I have a long position open on USDJPY, but CADJPY has been throwing out buy signals all over the place:
I’m looking for a pullback Monday for a better entry.
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How’s CADJPY look to you today? Breakout of the channel, or bounce off and down? Or you don’t care, because if it breaks, then you watch for the retest? If it pullbacks, bounces off closets high at 107.34, then up to retest the channel top?
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I opened a position yesterday, based on the last B&R and Friday’s 3-Bar Gap. There seemed to be a lot of momentum, so I wanted to take advantage of it. Worked out great, as you can see by today’s (Tues) candle. I closed it at EOD. I’ll be waiting for a pull-back now, I feel like I’d be chasing price now.
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Have you traded this on timeframes lower than 1hr? I know you said you sometimes reference 1hr for entries.
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A pullback and then a long position or short position? Or you have to see what price action does?
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