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  • #1,441
  • Mar 26, 2024 7:44pm Mar 26, 2024 7:44pm
Quoting emmanuel7788
{quote} BTC Mar26 New York Open - Daily SnR for target take profit {image} M15 {image} ...

BTC Mar27 Tokyo Open

- today start all over again

- look for buy setups only

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar27 H4 Tokyo Open 27-3-2024 8-41-53 am.png Size: 20 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,442
  • Mar 26, 2024 8:13pm Mar 26, 2024 8:13pm
Quoting emmanuel7788
{quote} BTC Mar27 Tokyo Open - today start all over again - look for buy setups only {image} ...

BTC Mar27 H4

- a nice looking H4 candle ... but in sideways market

- can this be the momentum break of the last Inside candle for better things to come ?




...
Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar27 TOK H4 candle 27-3-2024 9-11-05 am.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,443
  • Edited Mar 27, 2024 9:37pm Mar 26, 2024 11:24pm | Edited Mar 27, 2024 9:37pm
I am a silent follower of this thread and been reading, practicing and backtesting the techniques Rob kindly shared. Thanks Rob, I hope your health is getting better. Here is my first contribution to this thread. Gold M30

Update: price hit my target and went way beyond it. See chart 2.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: screenshot.png Size: 17 KB
  • #1,444
  • Edited Mar 27, 2024 9:34pm Mar 26, 2024 11:54pm | Edited Mar 27, 2024 9:34pm
Here is one more of UJ. Impulse move south from all time highs, hits the support, rebounds and then rejection candle brings it back to the support. I could not take this trade but this was a classic and quick one.

Update: Price took out every support on the way and crashed down hard. I managed to take some profit of the total move, not all or most of it. See chart 2 attached.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
Click to Enlarge Name: screenshot.png Size: 16 KB
  • #1,445
  • Mar 27, 2024 3:40am Mar 27, 2024 3:40am
Long GA; price has been ranging the last few days and breakout and support found again following the Asian session. SL moved to BE already.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 48 KB
  • #1,446
  • Mar 27, 2024 3:53am Mar 27, 2024 3:53am
BTC failed to break the HH@ 71,555 formed a LH instead and a retest at the zone of interest. Probable short trade is envisaged. Kindly share your thoughts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20240327-094140.jpg Size: 279 KB
Click to Enlarge Name: Screenshot_20240327-094523.jpg Size: 280 KB
  • #1,447
  • Mar 27, 2024 5:23am Mar 27, 2024 5:23am
Hey Guys london trade GBP/JPY
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB

anyone think i got out too early lol !i didnt see any news on the calander
anyone why this big move? or was it just the market.
C76
  • #1,448
  • Mar 27, 2024 5:50am Mar 27, 2024 5:50am
Update from Japan Finance Minister - possible intervention to mitigate the devaluing of the Yen vs USD.
  • #1,449
  • Edited 6:58am Mar 27, 2024 6:45am | Edited 6:58am
Quoting emmanuel7788
{quote} BTC Mar27 H4 - a nice looking H4 candle ... but in sideways market - can this be the momentum break of the last Inside candle for better things to come ? ... {image}

Too many SnR levels, which one to choose ?

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar27 M15 SnR which one 27-3-2024 7-40-57 pm.png Size: 27 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,450
  • Mar 27, 2024 8:25am Mar 27, 2024 8:25am
Quoting Hanz99
Long GA; price has been ranging the last few days and breakout and support found again following the Asian session. SL moved to BE already. {image}
SL hit at 1R
  • #1,451
  • Mar 27, 2024 9:08am Mar 27, 2024 9:08am
D1 have heavy resistance (spike) bro.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024_0327_202209.jpg Size: 49 KB
No one cares about your efforts, only the results
  • #1,452
  • Mar 27, 2024 11:41am Mar 27, 2024 11:41am
Quoting emmanuel7788
{quote} Too many SnR levels, which one to choose ? {image} ...
Your analogy on BTC is spot on and I had to get smacked by the market to bring me back to alignment. Thank you for your insights.
  • #1,453
  • Mar 27, 2024 5:58pm Mar 27, 2024 5:58pm
Quoting emmanuel7788
{quote} BTC Mar27 H4 - a nice looking H4 candle ... but in sideways market - can this be the momentum break of the last Inside candle for better things to come ? ...
Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar27 TOK H4 candle 27-3-2024 9-11-05 am.png Size: 21 KB



{image}

BTC Mar27 review

- that bullish H4 did not do its job to bring in more buyers ...

- but a Marubozu did attracted some buyers until New York 9:30am


Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar28 H4 Update 28-3-2024 6-52-51 am.png Size: 20 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,454
  • Mar 27, 2024 6:02pm Mar 27, 2024 6:02pm
Quoting emmanuel7788
{quote} Too many SnR levels, which one to choose ? {image}

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar27 too many SnR choose the HTF 27-3-2024 7-54-25 pm.png Size: 21 KB


...

BTC Mar27 pick the 'best' SnR with price action and HTF confluence

- a H4 Marubozu candle provided a price bounce

- NYO pushed price to +7R only to pull back to close +5R

- then the 'sellers' rushed in to fill orders ... lots of orders below

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar27 hiit 7R and pulled back to close 28-3-2024 6-07-09 am.png Size: 41 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,455
  • Mar 27, 2024 6:14pm Mar 27, 2024 6:14pm
Quoting emmanuel7788
{quote} Too many SnR levels, which one to choose ? {image} ...

BTC Mar28 Tokyo 8:00am

- pick the TF' SnR which has confluence with the HTF Close, in this case the H4 candle Close

- remember Line chart is Close price !

- low liquidity period

- just keep watch and do not lose rhythm of the market and keep in-sync

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar28 M15 SnR w H4 Close 28-3-2024 7-07-53 am.png Size: 24 KB


> trade once every 4Hr or once Daily


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,456
  • Mar 27, 2024 8:12pm Mar 27, 2024 8:12pm
Quoting emmanuel7788
{quote} BTC Mar27 review - that bullish H4 did not do its job to bring in more buyers ... - but a Marubozu did attracted some buyers until New York 9:30am {image} ...


{image}

BTC Mar28 Tokyo 10:00am

- my next 4hours trading hour

- previous H4 SnR 69876 was significant with several big candle breaks ...

- what will this current H4 candle bring in the next 4 hours and the next , and next , ...

- LTF price action will determine the next trades for today before the long weekend holidays


Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar28 H4 SnR 69876 28-3-2024 9-05-06 am.png Size: 26 KB


.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,457
  • Edited 10:11pm Mar 27, 2024 9:57pm | Edited 10:11pm
Here is a possible 1-2-3 formation on UJ H1. This is a trade in progress. Price got rejected at resistance. We have a nice H1 rejection candle and it is possibly now en route to or below 2.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #1,458
  • Mar 27, 2024 11:03pm Mar 27, 2024 11:03pm
Quoting ravians
Here is a possible 1-2-3 formation on UJ H1. This is a trade in progress. Price got rejected at resistance. We have a nice H1 rejection candle and it is possibly now en route to or below 2. {image}
i won't be in a hurry to short.
try to look at as many time frames as possible.
and of course the time of day.
patience is the key.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,459
  • Mar 28, 2024 3:43am Mar 28, 2024 3:43am
Quoting emmanuel7788
{quote} BTC Mar28 Tokyo 10:00am - my next 4hours trading hour - previous H4 SnR 69876 was significant with several big candle breaks ... - what will this current H4 candle bring in the next 4 hours and the next , and next , ... - LTF price action will determine the next trades for today before the long weekend holidays {image} . ...

BTC Mar28 H4 London session

- nice H4 swing high swing low

- buy target @Daily SnR 71033 would be nice for closing before New York session later,

- the next 4 hours



...
Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar28 Daily SnR target 28-3-2024 4-40-36 pm.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,460
  • Edited Mar 29, 2024 2:53am Mar 28, 2024 7:26am | Edited Mar 29, 2024 2:53am
Hi, long time no see.

Found out that even with 2 trades per session I was overtrading and getting into non-ideal scenarios. I finally learned to be OK without making a single trade in a day if I don't see one. I work full-time from home and check charts every day, I see strong breakouts that I would have traded earlier to avoid missing out, but the setup is either not valid in HTF or a complete 1-2-3 doesn't appear.

Today is thursday, and this is only my 2nd trade this week (the first one was BE). This one is also at BE already, so it's better to sit on my hands than collecting stop losses day after day. I hope to be able to find better trades by taking fewer of them.

(The entry was a bit late though)

BTW, I recommend turning the profit tab off. I've done it a few weeks ago, and not seeing your profit/loss ranging is lighter on your head.

Update: +5R TP hit
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
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