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  • #1,321
  • Mar 18, 2024 6:59pm Mar 18, 2024 6:59pm
Quoting direction
{quote} thank you for your case study, I was wondering how you decided that it was a sell instead of buy? {image} {image} {image}
The HTFs (H4 and D1) were showing bearish bias. If you only looked at the M30 / M15 in isolation you would have been possibly misled
  • #1,322
  • Mar 18, 2024 8:12pm Mar 18, 2024 8:12pm
Quoting direction
{quote} thank you for your case study, I was wondering how you decided that it was a sell instead of buy? {image} {image} {image}
my hindsight review of peaks and valleys

its a lot easier with hindsight ... but that is how we learn to read our charts, ... next time when you see price peaks and valleys, you will be better prepared for ALL possible things to happen.


EU H4

two peaks and a spike !


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,323
  • Edited 9:14pm Mar 18, 2024 8:25pm | Edited 9:14pm
Entered AU short

Update: Exited partial (70%) at 3R, shifted SL to BE which got hit
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  • #1,324
  • Mar 18, 2024 10:52pm Mar 18, 2024 10:52pm
Quoting direction
chanced upon this thread, thank you for the strategy OP! was doing some backtesting using today's price action. please feel free to give comments and my thought process {image} {image} {image} {image}
2 options.
you can use m30 entry or further lower the time frame for entry.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,325
  • Mar 18, 2024 11:09pm Mar 18, 2024 11:09pm
Quoting Inthebox
{quote} the h4 level is still valid.
shot up due to aud cash rate.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,326
  • Edited 1:42am Mar 19, 2024 1:17am | Edited 1:42am
let's see what will happen during frankfurt london open.
come on traders, throw out some htf level to observe together.
we learn much more when the action is happening in front of our eyes.
how to handle situations when things are in our favor or against us.
even things do not work out according to plan, we can still learn from them.
not much use showing after things had already happened.
let's go to the next level.
what matters is traders' participation.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,327
  • Mar 19, 2024 1:50am Mar 19, 2024 1:50am
EurJpy Mar19

- after this morning' BoJ 0.10% statement EJ is breaking new highs and testing the Daily SnR and Weekly SnR

- we wait for the high then a possible correction

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Mar19 H4 breaking SnR making new highs 19-3-2024 2-45-57 pm.png Size: 23 KB





...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,328
  • Mar 19, 2024 1:59am Mar 19, 2024 1:59am
It seems like you're detailing a trading system based on identifying support and resistance levels across multiple time frames, with a focus on using rejection candles as entry signals rather than relying on traditional indicators like moving averages or MACD crossovers. This approach emphasizes price action and market sentiment rather than lagging indicators.
  • #1,329
  • Mar 19, 2024 2:01am Mar 19, 2024 2:01am
Ditto for GJ.

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Success = Practice + Patience + Persistence
  • #1,330
  • Mar 19, 2024 2:53am Mar 19, 2024 2:53am
Quoting Inthebox
let's see what will happen during frankfurt london open. come on traders, throw out some htf level to observe together. we learn much more when the action is happening in front of our eyes. how to handle situations when things are in our favor or against us. even things do not work out according to plan, we can still learn from them. not much use showing after things had already happened. let's go to the next level. what matters is traders' participation. {image}
how risk averse are you?
how much confidence do you have in your system?
have you ever thought of this?
for frankfurt open
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,331
  • Mar 19, 2024 3:11am Mar 19, 2024 3:11am
Waiting and watching

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I might be wrong , I have been wrong before
  • #1,332
  • Mar 19, 2024 3:16am Mar 19, 2024 3:16am
Quoting Mandariin
Waiting and watching {image}
15m give long entry setup

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I might be wrong , I have been wrong before
  • #1,333
  • Mar 19, 2024 3:54am Mar 19, 2024 3:54am
Quoting Mandariin
{quote} 15m give long entry setup {image}
And I am out

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I might be wrong , I have been wrong before
  • #1,334
  • Mar 19, 2024 4:24am Mar 19, 2024 4:24am
Back in

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I might be wrong , I have been wrong before
  • #1,335
  • Mar 19, 2024 4:36am Mar 19, 2024 4:36am
Quoting emmanuel7788
EurJpy Mar19 - after this morning' BoJ 0.10% statement EJ is breaking new highs and testing the Daily SnR and Weekly SnR - we wait for the high then a possible correction {image} ...
EJ Mar19 M30 London 9:30am

- this would be the 123 correction after the new high and pull-back

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Mar19 m39 123 break 19-3-2024 5-32-38 pm.png Size: 23 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,336
  • Mar 19, 2024 5:31am Mar 19, 2024 5:31am
Quoting Mandariin
Back in {image}
And out

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I might be wrong , I have been wrong before
  • #1,337
  • Mar 19, 2024 10:43am Mar 19, 2024 10:43am
Quoting Hanz99
EJ trade from today; ADR was deeply surpassed so waited for reversal at 4HR levels. First trade hit SL. Saw a bearish rejection on candle just before NY open, took long trade on NY open which hit SL. Took trade again as NY open candle finished on bearish rejection near 4HR support. Ended +6R. Didn't take GU trade - had SL greater than 10pips based on my lines, opportunity missed. {image}
What is your trading session indicator?
Can you post it for me to use?
sorry my english is so bad
  • #1,338
  • Mar 19, 2024 10:52am Mar 19, 2024 10:52am
EUR/USD

D1 TF

Let's monitored how this guy play out
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No one cares about your efforts, only the results
  • #1,339
  • Mar 19, 2024 6:45pm Mar 19, 2024 6:45pm
Quoting emmanuel7788
{quote} EJ Mar19 M30 London 9:30am - this would be the 123 correction after the new high and pull-back

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Mar19 m39 123 break 19-3-2024 5-32-38 pm.png Size: 23 KB



{image} ...
Another 1 2 3

this one much bigger swings with ABC corrective waves between 1 and 2 and between 2 and 3,

Attached Image (click to enlarge)
Click to Enlarge Name: Ej Ma9 another 123 20-3-2024 7-39-10 am.png Size: 22 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,340
  • Mar 19, 2024 6:47pm Mar 19, 2024 6:47pm
Quoting emmanuel7788
{quote} Another 1 2 3 this one much bigger swings with ABC corrective waves between 1 and 2 and between 2 and 3, {image} ...

Attached Image (click to enlarge)
Click to Enlarge Name: Ej Ma9 another 123 20-3-2024 7-39-10 am.png Size: 22 KB


{image}

If you have taken the second 123, and the break of 2,

then a +3R trade


Attached Image (click to enlarge)
Click to Enlarge Name: EJ Mar19 M30 3R 20-3-2024 7-38-03 am.png Size: 21 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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