Distribution of fatigue cracks in chromium martensitic steel after low cycle fatigue (LCF) tests at room temperature has been studied using SEM, and the experimental evidences of localized plastic flow (LPF) are presented. The influence of the location of LPF and the microstructure elements on the trajectory and growth of microcracks is also considered. The dimensions of plastic zones ahead of macrocrack tip as well as at its edges were measured in the process of crack propagation inside of the sample. The processes occurring in plastic zone, particularly ahead of macrocrack tip, were analyzed. Distribution, orientation and the reasons of slip bands’ formation as well as the microstructure elements at which they were nucleated have been studied. The impact of the slip bands’ orientation on the process of macrocrack growth was also analyzed. In addition the interactions of a crack with the boundaries of former austenite grains, martensitic packets, martensitic laths, slip bands and precipitates have been discussed.