ISR Method

Setup#1
EURCAD
H4, bullish Sentiment

H1, SHL

M15, EP & SL



Let us see how it will go...!

Cheers

Setup#2
EURGBP
H4, Bearish Sentiment

H1, SHL

M15, EP & SL


* It has reached 1:1, So, Moved SL to BE.
** As, in H4, there is a Reset of Sentiments, So, Expecting for 1:5.

Let us see

Setup#3
USDJPY
H4, Bullish Sentiment

H1, SHL

M15, Entry & SL


*1:2 is expected.

Let us see

Setup#4
Gold (XAUUSD)
H4, Bearish Sentiment

H1, SHL

M15, EP & SL


*1:2 is Expected

Let us see

Edited
Stopped Out

I've searched a way for becoming a stop hunter for some time. This thread sheds the light. Thank you.

Stopped out (-30 pips)

Running at 1:3 (Only if you have not moved SL to BE) +40 Pips

Setup#3
Stopped Out (-18 Pips)
Then
Entered another Trade today in London Session with a TP of 1:2. (+27 Pips)

I want to give some of my thoughts.

1. Trade with the major trend:
OP uses four-hour timeframe to check the sentiment. If you have a macro view on a market, you know the sentiment and you won't trade against it. It's in your bone. Sometimes price might pierce the ema(60) channel with opposite direction of the major trend. It's a little dangerous to do purely technical IMO.

2. Find swing high/low for liquidity:
OP uses one-hour to find an area where liquidity lies and traders get trapped. I also include higher timeframe to weekly and lower timeframe to 15-minute. Lower timeframes could end up a scalp trade and higher timeframe could end up a positional trade.

3. Entry on fifteen-minute timeframe
Although OP uses high, low ema(60) retest and breakout, I could see several setups could be valid and also shares the same idea as OP. Actaully, any reversal setup is good.
-------------------
Everything is fractal. A 4-hour candle is composed of 4 hourly candles, 16 15-minute candles, 48 5-minute candles or 240 1-minute candles. But the macro trend won't change. Lower timeframes give more setups but more fake reversals. So, it's a scalp trade. 1R is good for me. Also you could trade a counter major trend setup here because any pullback from a major trend is large enough for scalping. You need a good hit rate and more trades in scalping. Higher timeframes give less setups but better reversals. Aim for more Rs because you probably get yourself a true reversal. Do not trade against a major trend on higher timeframes because it probably won't turn back.

I hope you come back to the topic soon

EURUSD

H4 RESET OF BEARISH SENTIMENT

H1 SHL

M15 1:5 RR (EXITED BEFORE THE FIFTH )

Very good trade Jewel,
I enjoyed only one trade in EURUSD this week and my entry was in the candle that is highlighted by you.

Entry was a bit late...!
Closed Half Position at 1:2 and moved SL to BE
and the 1:5 triggered on the next day...!


Cheers

EURJPY
H4, Bullish Bias

H1, SHL

M15, EP & SL


Let us see how it will go

Cheers

It seems like putting stop orders based on the swing at London opens will help. Time of the day (London open/ New York open) is also an important component of the strategy. Of course nothing is foolproof. Just increase the odds in our favour

me too, it seems that the SL above the EMA60 is often swept

Thanks dear for your suggestion,
I will be considering it next time.

Stay Blessed

Results: -19 pips

Price just Kissed my SL and Move ON towards TP.


Cheers

EURUSD

H4 RESET OF BEARISH SENTIMENT



H1, BEARISH SENTIMENT



M15 1:5

EURUSD

H4 reset of bearish sentiment



H1 Bearish sentiment



M15 RR 5:1

Greetings

I hope you all had a great new years celebration and are ready for a beautifully new year ahead of us...

I apologies for my absence as my software development road has been very demanding on me, hope you are all well

thank you.