Vladimir Ribakov demonstrates the Forex Triple B strategy using real charts like EUR/USD and AUD/NZD. The system filters trades by cloud direction alignment, price-action structures like triangles and flags, and convergence of support/resistance lines. He shows how to spot false breakouts, use retests, and reduce risk when price enters the neutral zone where the cloud disappears.
Chapters
Hello everyone and welcome to another weekly summary for the Forex Triple B strategy. As you probably know, in these videos we are going over specific examples that provide us with information about the actual setups which we're looking for when we're trading these strategies, not only for BBB of course. And basically the idea is to show you what exactly are we looking for, the kind of setups, the kind of situations that we might be considering when it comes to actual trades, etc. So the previous week started and ended from July 12th until the 16th, right? That gives us probably one or two trades. No, it's just the first page. So let's start from the top, maybe not covering all of them, but Of course, if you have any questions, don't hesitate to contact us. Ozydor, now the very first thing which I probably should use and start all the videos is the sequence that we're looking for when it comes to trading this strategy. So basically how it goes, well, that's very simple besides this annoying pop-up. We have the filters, which is the higher time frames. We want to make sure that we're looking at specific trades. Of course, without this, there will be no cloud, there will be no signal, so this is kind of mandatory. Once this is in place, what I'm personally looking for is levels and structures. That's it, 3 simple things. If I'm able to see corrective structure, which could be in the wave form, which could be in the shrinking form, right, like triangles, flags, this kind of situation, that's good. And then the last part is to have a nice decent level, and the more of those lines we have coming closer to each other, the better. Okay, excuse me. So that being said, what do we have here? We have strong bearish momentum. We can see that even without looking at the filters. We have IBC, we have daily pivot point, uh, touched. The price is being rejected. We have a very decent price action level and we have a breakout below. That's pretty much how it goes. Next We have kind of the same situation now here. We had previously moved up, but you can see the cloud remains bearish, right? So we know that on the higher time frames— this does the 30-minute chart, H4, and daily— remain bearish. And basically we're looking for sell opportunities all this time. Now in this case, we don't have, at least in my opinion, corrective structure, but we do have ending structure. Right, so this is 3 waves rather than 1. Without going too deep into the waves and the structures, the idea is that here we're looking at ending moment, right, ending structure. That's the whole point. So this is probably not as classical as the rest of the setups if this kind of setups and actually not this kind of setups, but if you're not familiar with waves, let's say, or cycles, you would be probably best to skip this kind of moves because with the simplest and most naive count, what you will get here is triple wave, right, or 5-leg structure. Rather than this, which is the ABC. So if you see that and you want to be trading absolutely conservative setups, do not take such kind of examples, right? This kind of setups. Besides that, what we have is the price stopped here, and this is the actual swing high and swing low. That entire zone becomes an important, a relevant zone. Once we broke out of it, pullback, retest, we're coming back to this level in the middle of that zone, the big one. We have weekly pivot, and very close to that we have daily, um, resistance here, right? We have one below, one above, but the weekly one is the strongest. And as we can see, it's actually managing to stop the price and reversing to the downside. So that's about this one. Uh, ETH, again, kind of semi-classical situation in terms of level. I definitely would love this thing. Uh, divergences here on the 15-minute chart, and look where the, the price and the levels are situated. So basically we're breaking above, holding, holding Holding, attempt to continue to the upside, break this zone now, right? One, this is the first obstacle, let's say this is the second obstacle. So first obstacle we managed to break through, second obstacle testing, an immediate rejection, going and breaking below even the first one. This is kind of a straightforward situation here if you ask me. Then we have another one. This is what— that's Aussie Kiwi 1-hour chart. Fantastic move down. This is— I believe we had news around this time, breaking below this zone right here. Not a very distinguished low-high horizontal level, right? But this entire thing, we can see there are plenty of Ticks in there. We can see the previous week and this week and this week weekly levels, one above, and we're actually testing the most recent one. Now the most recent one comes along with this and that, so kind of good level. We can see the spike clearly, we're being rejected from that zone. This is a double wave coming after this master. Move to the downside. Clearly, we will be expecting at least in the short term to go ahead and look for continuation down. Well, I think that's let's do one more ocean and we can call it today because I don't want to repeat myself. It's pretty much over and over again doing this practicing this to master it, right? Here what we can see is that the price went to neutral states. Those are the places where we don't see the, the cloud above the price or below the price. That means the higher time frames are not really that bearish anymore, right? We're in this bullish move here on the shorter time frames, even though the higher time frames are still pushing the price down and the indicators are still pointing down. We can see that we're somewhere in the neutral zone. This kind of setups, when that happens and you can see the missing cloud on the given time frame— that could be bearish, that could be bullish, doesn't matter— um, usually treated with more— I don't know how to say it, but basically use less risk, right? Because it is very possible that the price is now actually starting to turn in the opposite direction, uh, or maybe going to neutral, maybe going to a range, right? This kind of thing. So this is probably the most valuable part, um, from this specific setup. Besides that, we have the 2 waves. What I like here is the false break, and after the false break, the price is attempting to go higher, but it never managed to go above this one. Right, and this is where we start to get the rejection. So, um, the 2 waves, the ABC structure touching this thing and then looking for continuation lower. In terms of levels, we have this which was broken and now we're kind of trading below this, now a resistance, right? We have the cloud and we have this zone, which is pretty much the previous swing right here. So on the way down, um, when the price is moving lower and I'm looking for resistances, this is definitely a level for me, right? Last time the price was climbing, stopped here for some reason, pushed down, breakout, consolidation, continuation, and then we're back to this level for some reason. So if I'm going to be selling, they want to see this level holding, they want to protect it. Okay, that's basically the idea. All right, so that would be all for this video. Again, if you have any questions, do not hesitate to contact us. Have a good one.
