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  • #2,781
  • Mar 28, 2025 6:09am Mar 28, 2025 6:09am
Quoting Islandfx911
{quote} Hi Cog, Although it is not within my trading parameters you have got the right idea. I trade the market opens because there is energy at that time. Trades out of these hours tend to drift. The main thing when placing trades is enter on the rejection candle.
If you were able to only trade 3 Pairs/Instruments.
Which ones would that be?
  • #2,782
  • Mar 28, 2025 6:33am Mar 28, 2025 6:33am
Quoting CogAlpha
{quote} If you were able to only trade 3 Pairs/Instruments. Which ones would that be?
Hi Cog,
As I live in Australia I am influenced by the AUD and JPY pairs.
I currently trade AU, EA, GA, AJ, UJ, EJ, GJ. DAX in the Euro session and NAS and US500 in the US session.
I could trade just trade AU, AJ and UJ in the morning session. It is down to what looks good and stop size as I want to maximize the trade.
If I was in your location I would look at DAX and GU then if you want to trade US market I would look at NAS and US 500.
You will find that most traders like to trade their local currency but you should be able to trade whatever you want with this system.
Your trade order needs to be in the right place at the right time.
  • #2,783
  • Mar 28, 2025 6:37am Mar 28, 2025 6:37am
Quoting Islandfx911
{quote} Hi Cog, As I live in Australia I am influenced by the AUD and JPY pairs. I currently trade AU, EA, GA, AJ, UJ, EJ, GJ. DAX in the Euro session and NAS and US500 in the US session. I could trade just trade AU, AJ and UJ in the morning session. It is down to what looks good and stop size as I want to maximize the trade. If I was in your location I would look at DAX and GU then if you want to trade US market I would look at NAS and US 500. You will find that most traders like to trade their local currency but you should be able to trade whatever...
gotcha, thanks for your input.
  • #2,784
  • Mar 28, 2025 6:53am Mar 28, 2025 6:53am
Quoting Islandfx911
Adding to a position. GJ printed a rejection candle that could have been traded. As you can see on the chart it is not in my trading hours so I would not take it. {image} We'll see how it goes. Just to follow on with this add in. There will always be a swing point in the near vicinity which may be the reversal. That's why it is imperative that you don't take just any pullback and why I only trade the first pullback after the trend change.
What hours do you trade? Plz type them
  • #2,785
  • Mar 28, 2025 7:13am Mar 28, 2025 7:13am
Quoting majidmas
{quote} What hours do you trade? Plz type them
Please read thread.
Your trade order needs to be in the right place at the right time.
  • #2,786
  • Mar 28, 2025 7:18am Mar 28, 2025 7:18am
Long EJ. Trade at breakeven as I jumped in before market open and news.
Your trade order needs to be in the right place at the right time.
  • #2,787
  • Mar 28, 2025 8:48am Mar 28, 2025 8:48am
EJ, entered 8.15 after London open on rejection candle and bounce from trend line. Stopped after deep pullback.
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  • #2,788
  • Mar 28, 2025 8:52am Mar 28, 2025 8:52am
Quoting Islandfx911
Long EJ. Trade at breakeven as I jumped in before market open and news.
I live in Denmark, but am a night owl and normally sleep doing the euro session - but often fiddle around in the asian and new york sessions.
A lot of people say the asian session is slow, but you clearly show that its very profitable - done the right way.

What session per your experience - would be the most profitable and easy to trade with your system - if any above others?
  • #2,789
  • Mar 28, 2025 10:18am Mar 28, 2025 10:18am
It's wrong trade?
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  • #2,790
  • Mar 28, 2025 6:56pm Mar 28, 2025 6:56pm
Quoting TranceGhost
{quote} I live in Denmark, but am a night owl and normally sleep doing the euro session - but often fiddle around in the asian and new york sessions. A lot of people say the asian session is slow, but you clearly show that its very profitable - done the right way. What session per your experience - would be the most profitable and easy to trade with your system - if any above others?
The majority of winning trades are from the Asian Session.
Your trade order needs to be in the right place at the right time.
  • #2,791
  • Mar 28, 2025 7:04pm Mar 28, 2025 7:04pm
NAS 30m Chart
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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10R trades available all the time.
Your trade order needs to be in the right place at the right time.
  • #2,792
  • Mar 28, 2025 8:33pm Mar 28, 2025 8:33pm
Quoting Islandfx911
NAS 30m Chart {image} {image} 10R trades available all the time.
Can we imagine that the entry candle in that example was red and a little higher up, so it fits with the previous candle - would you still have taken the trade, but reduced the target since the stop-loss would be bigger - let's say instead of a 7,5 - then perhaps only a 4 or 5R if there isn't a logical zone to target?

Do you ever do an reentry - if your trade is taken out right after, and the next candle again clearly indicates a rejection? Or do you just call that setup over?

I have come to the conclusion that aiming for bigger rewards is the ultimate way to go - since the winrate required is so low for us just to be breakeven. And if we can master the right entries and give us self an edge - then its gonna print green.
  • #2,793
  • Mar 28, 2025 10:30pm Mar 28, 2025 10:30pm
Quoting TranceGhost
{quote} Can we imagine that the entry candle in that example was red and a little higher up, so it fits with the previous candle - would you still have taken the trade, but reduced the target since the stop-loss would be bigger - let's say instead of a 7,5 - then perhaps only a 4 or 5R if there isn't a logical zone to target? Do you ever do an reentry - if your trade is taken out right after, and the next candle again clearly indicates a rejection? Or do you just call that setup over? I have come to the conclusion that aiming for bigger rewards...
Hi TG,
A short entry requires a Green Rejection Candle and long entry requires a Red Rejection Candle. That is a firm rule and cannot be changed.
I will always try a re-entry if stopped out. It took me three attempts to buy GJ last week. (3 is the max attempts I will try)
Congratulations on being the first person on this thread to see past 2R returns and wanting to master the right entries for bigger returns.
Your trade order needs to be in the right place at the right time.
  • #2,794
  • Mar 29, 2025 2:11am Mar 29, 2025 2:11am
For the BTC traders.
Looks like another 10R trade.
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Your trade order needs to be in the right place at the right time.
  • #2,795
  • Edited 4:29am Mar 29, 2025 4:05am | Edited 4:29am
For those of you that want to learn this system, I have some homework for you.
I have put together some basic drawings to help you identify trades.
If you can master this simple task you will be on your way to becoming successful.
Some instructions:
Open a 15m line chart, take all indicators off of the chart.
Identify the Last validated swing high or low. (This can be from the prior day)
Monitor how price reacts prior to market open. You want to identify the Impulse move (This can be before the open or after) you just need to see it.
Note: Often the market is falsely push up or down to fill orders.
When you have identified the Impulse Move you can draw a rectangle as per the diagram. That will be a buy zone or sell zone.
Then you wait until the market pulls back to the zone.
Note: It does not matter if price pulls back and goes through the zone, however be cautious of a pullback that does not reach the zone as the market may move closer on the next candle.
Next you need to wait for a Rejection Candle in the zone area.
Red Rejection Candle for Bullish
Green Rejection Candle for Bearish
Enter trade on close of Rejection Candle
Put SL at high or Low of wick on the Rejection Candle that got you into the trade. (Allowing for spread)
Set TP at 10R (This will be adjusted after you are in the trade)

Trading Times: Only place trades in the first 1.5hrs of any market open.

Attached Image (click to enlarge)
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Your trade order needs to be in the right place at the right time.
  • #2,796
  • Mar 29, 2025 4:08am Mar 29, 2025 4:08am
Pullback
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Your trade order needs to be in the right place at the right time.
  • #2,797
  • Mar 29, 2025 4:09am Mar 29, 2025 4:09am
Rejection Candles.
You must enter on the Rejection Candle otherwise you risk valuable pips.
That it, that is how I find my trades.
Attached Image (click to enlarge)
Click to Enlarge Name: Rejection Candle Entry.png Size: 6 KB
Your trade order needs to be in the right place at the right time.
  • #2,798
  • Mar 29, 2025 4:27am Mar 29, 2025 4:27am
Just a reminder, my time is valuable.
All the answers to you questions are in this thread so please read it before you post.
If you find that you still have questions not answered in the thread you can post. I may not answer but there are others that understand the system others may answer.
Your trade order needs to be in the right place at the right time.
  • #2,799
  • Mar 29, 2025 7:03am Mar 29, 2025 7:03am
Hello Rob, i don't post much and mostly lurk around, but I have been compelled to say thank you for gifting us with this wonderful thread. It started off as a slow read for me but I have been coming back to it several times now and only recently grasped the full scope of it. I have been looking at charts for a year and have only just become aware of those 'wick-ed' up support/resistance zones that you use as launch pads for rejection candles. How could I have missed literal blocks of rejection zones is beyond my comprehension, but now I see them on every chart and timeframe. Anyway, thanks for the eyeopening and a wonderfully simple strategy, you improved lives friend
  • #2,800
  • Mar 29, 2025 7:17am Mar 29, 2025 7:17am
Quoting popallica34
Hello Rob, i don't post much and mostly lurk around, but I have been compelled to say thank you for gifting us with this wonderful thread. It started off as a slow read for me but I have been coming back to it several times now and only recently grasped the full scope of it. I have been looking at charts for a year and have only just become aware of those 'wick-ed' up support/resistance zones that you use as launch pads for rejection candles. How could I have missed literal blocks of rejection zones is beyond my comprehension, but now I see them...
I am glad you like the thread. When you know what to look for you will see the setups everywhere on all time frames.
Your trade order needs to be in the right place at the right time.
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