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Waiting at the Riverband

  • #441
  • Sep 12, 2025 12:20am Sep 12, 2025 12:20am
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i trade UJ for now.
PA Return Today: 3.5%
  • #442
  • Sep 12, 2025 12:37am Sep 12, 2025 12:37am
london open. ranging or dropping?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #443
  • Sep 12, 2025 12:43am Sep 12, 2025 12:43am
I was taken out already same as yesterday's London. I seem not to be catching profitable trades yet
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  • #444
  • Sep 12, 2025 12:45am Sep 12, 2025 12:45am
Quoting Inthebox
london open. ranging or dropping? {image}
I got the break on my TF took the hit by the way
  • #445
  • Sep 12, 2025 12:51am Sep 12, 2025 12:51am
Quoting ajiemussa
I was taken out already same as yesterday's London. I seem not to be catching profitable trades yet {image}
let's analyse why.
post your losing trade on how would you be treating the 3 time frames.
htf d1 or h4 or (h1 to a lesser extend)
medium tf m30 or m15
entry tf m5
ITB - Seeing Orderliness amongst 'Randomness'
  • #446
  • Sep 12, 2025 1:06am Sep 12, 2025 1:06am
Quoting Inthebox
{quote} let's analyse why. post your losing trade on how would you be treating the 3 time frames. htf d1 or h4 or (h1 to a lesser extend) medium tf m30 or m15 entry tf m5
h4 TF/ m30 TF / m3 TF entry
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  • #447
  • Sep 12, 2025 1:06am Sep 12, 2025 1:06am
Quoting ajiemussa
I was taken out already same as yesterday's London. I seem not to be catching profitable trades yet {image}
not strong break,
i think your stop can try set 10-20 pips away from the low / high.
sometime it may sweep then reverse.
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PA Return Today: 3.5%
  • #448
  • Edited 1:34am Sep 12, 2025 1:12am | Edited 1:34am
Quoting LeongPuiy
{quote} not strong break, i think your stop can try set 10-20 pips away from the low / high. sometime it may sweep then reverse. {image}
now it strong break.

I stop out at UJ.


edit:Japan's ex-top currency diplomat Gyoten: Japan's interest rates are too low, contributing to the Yen's weakness.
PA Return Today: 3.5%
  • #449
  • Sep 12, 2025 1:14am Sep 12, 2025 1:14am
Quoting LeongPuiy
{quote} not strong break, i think your stop can try set 10-20 pips away from the low / high. sometime it may sweep then reverse. {image}
Ok Thanks for the observation will add this to my system
  • #450
  • Sep 12, 2025 1:16am Sep 12, 2025 1:16am
Quoting LeongPuiy
{quote} not strong break, i think your stop can try set 10-20 pips away from the low / high. sometime it may sweep then reverse. {image}
Whats your criteria for a strong break, I felt it was strong because the candle closed above both on 3m and 5m TF
  • #451
  • Sep 12, 2025 1:18am Sep 12, 2025 1:18am
Quoting ajiemussa
{quote} h4 TF/ m30 TF / m3 TF entry {image} {image} {image}
1st show me the confirmation entry 3 conditions in m3. i need to understand what did you see at that point in time.
ITB - Seeing Orderliness amongst 'Randomness'
  • #452
  • Sep 12, 2025 1:24am Sep 12, 2025 1:24am
Quoting ajiemussa
{quote} Whats your criteria for a strong break, I felt it was strong because the candle closed above both on 3m and 5m TF
1-2 candle strong body closed below or above previous low /high.
ITB has mention bfr.
40-70 pips from our entry.
And stop better not right at the previous low /high, give some room is better , in my opinion, prevent sweep n reverse.
PA Return Today: 3.5%
  • #453
  • Sep 12, 2025 1:25am Sep 12, 2025 1:25am
Quoting Inthebox
{quote} 1st show me the confirmation entry 3 conditions in m3. i need to understand what did you see at that point in time.
Here is my confirmation entry on m3 There was a sweep of the low then a MSS
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  • #454
  • Sep 12, 2025 1:37am Sep 12, 2025 1:37am
Quoting LeongPuiy
{quote} 1-2 candle strong body closed below or above previous low /high. ITB has mention bfr. 40-70 pips from our entry. And stop better not right at the previous low /high, give some room is better , in my opinion, prevent sweep n reverse.
I would love this see this, because most trades taken yesterday did not have this asia session did not have this. Maybe there is something I am missing out on
  • #455
  • Sep 12, 2025 1:42am Sep 12, 2025 1:42am
Quoting ajiemussa
{quote} Here is my confirmation entry on m3 There was a sweep of the low then a MSS {image}
it appeared to me that you have a racing mind eager to trade fomo.
you need a filter to slow you down. what can you suggest?
i am not finish with this yet.

i also did not see you put in a fibonacci to know whether you are in premium or discount market.
this is one of the 3 main conditions.

what is the indicator in red circled call? is it market profile?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #456
  • Sep 12, 2025 1:58am Sep 12, 2025 1:58am
Quoting Inthebox
{quote} it appeared to me that you have a racing mind eager to trade fomo. you need a filter to slow you down. what can you suggest? i am not finish with this yet. i also did not see you put in a fibonacci to know whether you are in premium or discount market. this is one of the 3 main conditions. what is the indicator in red circled call? is it market profile? {image} {image}
Thanks duely noted, I also overserved the PA did not break the 4H resistance thanks for the clarification,

The Indicator is Volume Profile
  • #457
  • Sep 12, 2025 2:11am Sep 12, 2025 2:11am
Quoting ajiemussa
{quote} Thanks duely noted, I also overserved the PA did not break the 4H resistance thanks for the clarification, The Indicator is Volume Profile
now this is for the medium time frames
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ITB - Seeing Orderliness amongst 'Randomness'
  • #458
  • Sep 12, 2025 2:13am Sep 12, 2025 2:13am
Quoting Inthebox
{quote} it appeared to me that you have a racing mind eager to trade fomo. you need a filter to slow you down. what can you suggest? i am not finish with this yet. i also did not see you put in a fibonacci to know whether you are in premium or discount market. this is one of the 3 main conditions. what is the indicator in red circled call? is it market profile? {image} {image}
So it is safe to say, I should have had my fibnacci levels at the mtf just like this for a better confluence
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  • #459
  • Sep 12, 2025 2:15am Sep 12, 2025 2:15am
Quoting Inthebox
london open. ranging or dropping? {image}
so obvious dropping to discount.
could even going for yesterday to today range discount.
ITB - Seeing Orderliness amongst 'Randomness'
  • #460
  • Sep 12, 2025 2:17am Sep 12, 2025 2:17am
Quoting ajiemussa
{quote} So it is safe to say, I should have had my fibnacci levels at the mtf just like this for a better confluence {image}
it is not considered 'safe'. nothing is safe in trading. it is just a discretionary tool.
it may or may not prevent you from trading.
price can even go down to fibo drawn from yesterday low. who knows.
ITB - Seeing Orderliness amongst 'Randomness'
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