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  • #2,061
  • Sep 3, 2024 10:41am Sep 3, 2024 10:41am
Update: Just came home and saw that both TPīs have been reached. Total: 7R
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-09-03_17-37-35.png Size: 23 KB
  • #2,062
  • Sep 3, 2024 7:50pm Sep 3, 2024 7:50pm
Quoting emmanuel7788
Prepare for the new week and month, - plan your trades according to the calendar events - which market session and the news/data release affecting the currency pairs, {image} ...

XAU Sep04 Intraday

- which market session to trade ?

- look for the swings, swing high, swing low near the Daily SnR

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep04 Daily TOK0945AM 4-9-2024 8-44-54 am.png Size: 18 KB



M15
Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep04 M15 w Daily candle 4-9-2024 8-45-55 am.png Size: 21 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,063
  • Sep 4, 2024 2:55am Sep 4, 2024 2:55am
Iīm short on GU M15. We got some strong res. lvl on H4 & H1 + beautiful rejection candle on M15. Probably not the best setup again... Letīs wait and see how it develops.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-09-04_09-54-43.png Size: 26 KB
Click to Enlarge Name: GBPUSD_2024-09-04_09-51-09.png Size: 20 KB
  • #2,064
  • Sep 4, 2024 3:38am Sep 4, 2024 3:38am
Update: GU M15 - SL hit -1R
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-09-04_10-33-29.png Size: 20 KB
  • #2,065
  • Sep 4, 2024 5:55am Sep 4, 2024 5:55am
GU M15 short again.
- double top at H4 & Daily S&R level
- strong bearish impulse + pullback to the previous swing low + strong rejection candle
- I decided to enter the trade per sell limit order to keep SL tight.
- 4.7RR
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-09-04_12-50-31.png Size: 20 KB
  • #2,066
  • Sep 4, 2024 5:59am Sep 4, 2024 5:59am
Update: GU M15 - half closed, SL at BE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-09-04_12-57-54.png Size: 20 KB
  • #2,067
  • Sep 4, 2024 6:06am Sep 4, 2024 6:06am
Quoting emmanuel7788
{quote} XAU Sep04 Intraday - which market session to trade ? - look for the swings, swing high, swing low near the Daily SnR Daily {image} M15 {image} ...

XAU Sep04 4Hr

- what I saw was a 4Hr rejection of the previous Daily candle

- was late and did not manage the entry at the 4Hr candle open

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep04 H4 rejection nof Daily 4-9-2024 3-03-11 pm.png Size: 22 KB


- jumped in on M30 after the price had moved +2R

- did catch the remaining +3R which was the previous low



Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep04 M30 trade EP SL TP 4-9-2024 6-31-54 pm.png Size: 19 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,068
  • Sep 4, 2024 7:37pm Sep 4, 2024 7:37pm
Quoting emmanuel7788
{quote} XAU Sep04 4Hr - what I saw was a 4Hr rejection of the previous Daily candle - was late and did not manage the entry at the 4Hr candle open {image} - jumped in on M30 after the price had moved +2R - did catch the remaining +3R which was the previous low {image} ...

XAU Sep05 Intraday

- Daily "support and resistance"

- sell when there is swing high,

- buy when there is swing low,

Daily

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep05 intraday 5-9-2024 8-31-27 am.png Size: 21 KB



M30

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep05 M30 5-9-2024 8-37-35 am.png Size: 22 KB






...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,069
  • Sep 4, 2024 11:48pm Sep 4, 2024 11:48pm
Quoting emmanuel7788
{quote} XAU Sep05 Intraday - Daily "support and resistance" - sell when there is swing high, - buy when there is swing low, Daily {image} M30 {image} ...

XAU Sep 05 M30

- waiting for Tokyo 2PM

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep 05 Waiting for FO 5-9-2024 12-46-16 pm.png Size: 23 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,070
  • Sep 5, 2024 1:29am Sep 5, 2024 1:29am
Quoting emmanuel7788
{quote} XAU Sep 05 M30 - waiting for Tokyo 2PM {image} ...

XAU Sep05 M30

- strong 1Hr momentum candle breaking the H4 SnR

- SL below the last M15 candle closing the 1Hr

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep 05 M30 M15 SL 5-9-2024 2-26-11 pm.png Size: 25 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,071
  • Sep 5, 2024 2:33am Sep 5, 2024 2:33am
Today GU-London Session
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-09-05 140051.png Size: 23 KB
Rhythm & Discipline
  • #2,072
  • Sep 5, 2024 7:09am Sep 5, 2024 7:09am
EUR/USD M15 long. Nice rejection at the previous low + strong H4 support lvl. A risky one cause of the news coming soon...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-05_14-06-15.png Size: 14 KB
  • #2,073
  • Sep 5, 2024 7:19am Sep 5, 2024 7:19am
Update: EU M15 - TP hit, +3.5R.
I think Iīm done for this week. Tomorrow no trading (NFP).
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-05_14-16-43.png Size: 14 KB
  • #2,074
  • Edited 8:14am Sep 5, 2024 7:59am | Edited 8:14am
Let's see how it goes.

AU - LONG | NY session |
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
  • #2,075
  • Sep 5, 2024 10:04pm Sep 5, 2024 10:04pm
Quoting emmanuel7788
{quote} XAU Sep05 M30 - strong 1Hr momentum candle breaking the H4 SnR - SL below the last M15 candle closing the 1Hr {image} ...

XAU Sep 06 NFP

- target Weekly high 2531

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep06 NFP target 2531 6-9-2024 11-02-38 am.png Size: 22 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,076
  • Sep 6, 2024 3:16am Sep 6, 2024 3:16am
Hello traders. First friday in the month is NFP day, so no trading for me. Want to take time to analyze some trades and backtest a bit.
I thought itīs not a bad idea to show a few examples of the importance of higher timeframes and trades which are better not to trade. Here is an example of a trade I personally wouldnīt take. GBP/USD breakdown:

1.The first chart shows GU M15: It seems like we got a bullish breakout of the range + Pullback to the previous swing high + rejection candle. Seems tradable no? Letīs take a look at the higher timeframes.

2. H1 chart seems very bullish too (strong bullisch breakout candle out of the range)

3. H4 chart shows perfectly why itīs not the best idea to buy in this area (strong resistance zone just above/at the potential entry point). Do you really want to trade into this zone?

4. Daily chart speaks for itself. Previous swing low as resistance level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-09-06_09-54-51.png Size: 19 KB
Click to Enlarge Name: GBPUSD_2024-09-06_10-07-05.png Size: 18 KB
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Click to Enlarge Name: GBPUSD_2024-09-06_10-13-13.png Size: 19 KB
  • #2,077
  • Sep 6, 2024 6:04am Sep 6, 2024 6:04am
GU Sep 06 M30

- pre-NFP

- looks like an impulse wave and first correction

- will there be a 1-2-3 or a 2B ?

- wait for the following candles to form

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep06 M30 impulse 6-9-2024 7-01-50 pm.png Size: 23 KB




.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,078
  • Sep 6, 2024 7:23am Sep 6, 2024 7:23am
Do you trade on windows 7 OS or how do you get the mt4 window to look like that, is there a reason for this?
  • #2,079
  • Sep 6, 2024 8:16pm Sep 6, 2024 8:16pm
Quoting emmanuel7788
{quote} XAU Sep 06 NFP - target Weekly high 2531 {image} ...
XAU Sep 06 NFP review POMO

- missed the sell opportunity while I waited for a test of WCC High 2531.71

- it did not touch 2531.71 and reversed

Daily

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep06 NFP missed WCC High 7-9-2024 9-11-03 am.png Size: 22 KB




M15
Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep 06 M15 NFP missed 7-9-2024 9-11-43 am.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,080
  • Sep 8, 2024 4:46am Sep 8, 2024 4:46am
There will be plenty of opportunities next week.

Just pay attention during the market session opening and the news released hour.

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Week 37 8-9-2024 2-56-43 pm.png Size: 28 KB



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