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  • #1,361
  • Mar 21, 2024 1:03am Mar 21, 2024 1:03am
Is this a rejection candle?
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  • #1,362
  • Mar 21, 2024 1:04am Mar 21, 2024 1:04am
If the candlestick has not touched the rectangular box, can I enter an order?
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  • #1,363
  • Mar 21, 2024 1:27am Mar 21, 2024 1:27am
Waiting and watching

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I might be wrong , I have been wrong before
  • #1,364
  • Mar 21, 2024 1:46am Mar 21, 2024 1:46am
Quoting Mandariin
Waiting and watching {image}
Long setup

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I might be wrong , I have been wrong before
  • #1,365
  • Mar 21, 2024 2:37am Mar 21, 2024 2:37am
Hi All,

I’m currently looking for a simple trading system which I can trade using just my mobile (MT4), due to my current situation. Do you think it would be possible using just a mobile?

Thanks.
  • #1,366
  • Mar 21, 2024 3:00am Mar 21, 2024 3:00am
BTC Mar21 London 10am

- looks tempting but ...

- wait for the New York session

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,367
  • Mar 21, 2024 3:44am Mar 21, 2024 3:44am
Quoting emmanuel7788
BTC Mar21 London 10am - looks tempting but ... - wait for the New York session {image} ...
Are you thinking there might be a long opportunity from current support (6669-6634) after that impulse move up to 67800?
  • #1,368
  • Mar 21, 2024 3:54am Mar 21, 2024 3:54am
Quoting Hanz99
{quote} Are you thinking there might be a long opportunity from current support (6669-6634) after that impulse move up to 67800?

Yes, looking for long only and it will depends on today' US PMI data.


Weekly view

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,369
  • Mar 21, 2024 6:08am Mar 21, 2024 6:08am
Quoting emmanuel7788
BTC Mar21 London 10am - looks tempting but ... - wait for the New York session {image} ...

BTC Mar21 M30 Update

- M30 setup candle

Who sees this MTF price action setup ?

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar21 M30 H1 setup 21-3-2024 9-01-26 pm.png Size: 24 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,370
  • Mar 21, 2024 6:28am Mar 21, 2024 6:28am
Quoting emmanuel7788
{quote} Cập nhật BTC Mar21 M30 - Nến thiết lập M30 Ai nhìn thấy thiết lập hành động giá MTF này? {hình ảnh} ...
You trade by waiting for the price to reach key levels during the market opening session to enter an order
Or wait for the price to reach the key level and have a rejection candle to enter the order without needing the market opening time
  • #1,371
  • Mar 21, 2024 7:18am Mar 21, 2024 7:18am
Today is the first day that I've stopped being a lunatic and FOMOing into 3-4 trades per session and instantly benefited. Waited for that one trade that looked picture-perfect on the line chart. Took me a few weeks to realise 90% of my trades were low-quality FOMO moves.
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  • #1,372
  • Mar 21, 2024 9:05am Mar 21, 2024 9:05am
Textbook trade UJ long yields ~6R, taken on NY open
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  • #1,373
  • Mar 21, 2024 9:26am Mar 21, 2024 9:26am
Quoting lolxhaha
Textbook trade UJ long yields ~6R, taken on NY open {image} {image}
Hello again, long time no see you share
  • #1,374
  • Mar 21, 2024 1:04pm Mar 21, 2024 1:04pm
Quoting Senku94
{quote} Hello again, long time no see you share
Yea, was taking a break earlier hence the lower frequency of posts. Slowly easing back into the groove. I hope that all that have been shared so far here has been beneficial to you. Do post and ask questions if you have any doubts. We'll be around to clarify
  • #1,375
  • Edited 1:32pm Mar 21, 2024 1:15pm | Edited 1:32pm
Quoting Islandfx911
{quote} To start with, there was a bearish impulse move with a prior low taken out. It was a poor quality trade. Stick with it and post your next trades and you will get help. Take a look at this option for yesterdays London open. Impulse move up, pullback prior to market open (Pro's gathering volume, market open then boom away it goes) This is what I have shown here multiple times. {image}
Thanks Rob and ITB ,
I can feel I'm getting there!

Another try, I got 3R from AUDUSD in asian session. But lost 3R in eur again. Here is my lose trade:

Great set up but bad luck, do you think?
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  • #1,376
  • Mar 21, 2024 4:08pm Mar 21, 2024 4:08pm
Quoting bigjjnem
{quote} Thanks Rob and ITB , I can feel I'm getting there! Another try, I got 3R from AUDUSD in asian session. But lost 3R in eur again. Here is my lose trade: Great set up but bad luck, do you think? {image}
A fine application of the rules, that said, I had the zone of interest much lower down, pretty much where it bounced from. On the 15min, there is a slight blip on the way up however this doesn't show on the 30min chart, sometimes worth checking the the HTF to see if the history that defines a support or resistance zone is solid.

I had a support zone lower down that had multiple touch points on the 15 and 30 min timeframes which is where the trade could have been taken however was outside my 90min window.
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  • #1,377
  • Mar 21, 2024 4:37pm Mar 21, 2024 4:37pm
Quoting bigjjnem
{quote} Thanks Rob and ITB , I can feel I'm getting there! Another try, I got 3R from AUDUSD in asian session. But lost 3R in eur again. Here is my lose trade: Great set up but bad luck, do you think? {image}
Your trade entry looks to be in the Dead Zone!
Correct entry on chart
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Your trade order needs to be in the right place at the right time.
  • #1,378
  • Mar 21, 2024 4:42pm Mar 21, 2024 4:42pm
Quoting Islandfx911
{quote} Your trade entry looks to be in the Dead Zone! Correct entry on chart {image}
Adding onto what Rob already mentioned, your trade was placed right smack in the middle of the barren dead zone between London and NY sessions. Only look for entries between a session open to 90 mins since open.

You can refer to his preferred entry during the LDN session. I took one in the NY session shared earlier which is shown later in the screenshot
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  • #1,379
  • Mar 21, 2024 4:44pm Mar 21, 2024 4:44pm
Quoting Evaldas321
Hey everyone again, This may be a bit off-topic question, but does anyone trade Sydney session here? It opens before I go to sleep, so I could trade for an hour or so. However, it seems to be way less active than london and NY. Is it worth trading during Sydney and which pairs are best for it?
I trade 3.00 - 4.30 Terminal time everyday which is 8am WST / 11.00am Sydney time
Your trade order needs to be in the right place at the right time.
  • #1,380
  • Mar 21, 2024 4:46pm Mar 21, 2024 4:46pm
Quoting Hanz99
{quote} A fine application of the rules, that said, I had the zone of interest much lower down, pretty much where it bounced from. On the 15min, there is a slight blip on the way up however this doesn't show on the 30min chart, sometimes worth checking the the HTF to see if the history that defines a support or resistance zone is solid. I had a support zone lower down that had multiple touch points on the 15 and 30 min timeframes which is where the trade could have been taken however was outside my 90min window. {image}
Made sense! Trading with variety of time frames definitely helps. Will keep postings until no more loses to post
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