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Waiting at the Riverband

  • #821
  • Sep 18, 2025 3:17am Sep 18, 2025 3:17am
Quoting LeongPuiy
{quote} swing high to swing low. swing low to swing high. every tf are same
ok yes i see it now, it gives a fractal at that candle
still guessing about the dax chart
  • #822
  • Sep 18, 2025 3:21am Sep 18, 2025 3:21am
Quoting huskyboy
{quote} ok yes i see it now, it gives a fractal at that candle still guessing about the dax chart
this?
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PA Return This Week: 41.0%
  • #823
  • Sep 18, 2025 3:26am Sep 18, 2025 3:26am
Quoting LeongPuiy
{quote} this? {image}
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yes i was looking at that and dreaming af what could happen
fibs are upside down, not starting from the last swing high, and price keeps going up so no signal
  • #824
  • Sep 18, 2025 3:32am Sep 18, 2025 3:32am
Quoting huskyboy
{quote} {image} yes i was looking at that and dreaming af what could happen
no comment.
i no trade this
waiting gold retest only.
PA Return This Week: 41.0%
  • #825
  • Sep 18, 2025 3:42am Sep 18, 2025 3:42am
Quoting huskyboy
{quote} ITB, why do you start your fibs at that candle in the daily chart? I am trying to draw my daily fibs on a dax chart but i cant figure out where to start from?
it's a 3 candle swing low.
you have a external range in daily dax. smaller ranges playing inside.
asia range pullback during frankfurt open.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #826
  • Sep 18, 2025 3:48am Sep 18, 2025 3:48am
Quoting Inthebox
{quote} it's a 3 candle swing low. you have a external range in dax. smaller ranges playing inside. {image}
Thx ITB and LeongPuiy
  • #827
  • Sep 18, 2025 3:50am Sep 18, 2025 3:50am
Quoting huskyboy
{quote} Thx ITB and LeongPuiy
i updated with a trade set up
ITB - Seeing Orderliness amongst 'Randomness'
  • #828
  • Sep 18, 2025 3:54am Sep 18, 2025 3:54am
Quoting Inthebox
{quote} it's a 3 candle swing low. you have a external range in daily dax. smaller ranges playing inside. asia range pullback during frankfurt open. {image} {image}
yes i saw that move, numbers are still on the chart i posted, dO level, Frankfurt open,4 and 5 were there but i couldn't find a htfr discount area
  • #829
  • Sep 18, 2025 3:54am Sep 18, 2025 3:54am
will be back during new york
ITB - Seeing Orderliness amongst 'Randomness'
  • #830
  • Sep 18, 2025 3:56am Sep 18, 2025 3:56am
Quoting huskyboy
{quote} yes i saw that move, numbers are still on the chart i posted, dO level, Frankfurt open,4 and 5 were there but i couldn't find a htfr discount area
i already circled daily range fib 78 discount for you. it expected to go up to red candle resistance.
price went down below asia range fib 50 discount
cmp frankfurt open also has fib 50 discount
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ITB - Seeing Orderliness amongst 'Randomness'
  • #831
  • Sep 18, 2025 4:19am Sep 18, 2025 4:19am
@ITB,

I’d be very grateful if you could share the exact step-by-step procedure you follow when you start your trading day. I’m trying to make my workflow mechanical and would really appreciate your guidance.

Specifically, I’d love to know:

  1. Daily routine — As soon as you switch on the computer and open charts, what is the first timeframe you look at, and then what next? For each timeframe, what is the first thing you check there, and then what next? (Example format: H4 → mark X, then check Y; H1 → mark A, then check B.)
  2. Pre-session task — Before the session starts, what are the steps you complete to prepare your chart and mindset?
  3. Trading bias — How do you determine the directional bias for the day?
  4. Riverbank — How do you decide at which “riverbank” (level/zone) you will wait for price, and what filters confirm that it’s the right side for the session?

Even a short checklist or bullet-point breakdown would be incredibly helpful — I’m just trying to make sure I can rinse-and-repeat without second-guessing.
Thanks so much for your guidance.

Success = Practice + Patience + Persistence
  • #832
  • Sep 18, 2025 4:45am Sep 18, 2025 4:45am
GU m30: unfortunately a loss, I misjudged the trend.
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trading is like dancing, don't think and just listen to the music!
  • #833
  • Sep 18, 2025 4:58am Sep 18, 2025 4:58am
Bulls are having a party across the market.

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Success = Practice + Patience + Persistence
  • #834
  • Sep 18, 2025 5:02am Sep 18, 2025 5:02am
Quoting birdland
GU m30: unfortunately a loss, I misjudged the trend. {image}
The assertion that "misfortune" is a factor in trading is a misattribution. Outcomes are a direct function of strategic precision and risk management. The identified short entry exists outside this framework, as it directly contravenes the established bullish market structure—a clearly defined series of higher highs (HH) and higher lows (HL).
The singular caveat, the only technically valid justification for considering such a short, would be the formation of a Quasimodo pattern.
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Without the confirmed presence of this precise reversal signature—indicating exhaustion of bullish momentum and a potential shift in order flow—any short entry is not a trade but a speculation against the confirmed directional bias. It is an anticipatory gamble, not a reactive execution based on quantified price action.
Ergo, any resultant loss is not "bad luck" but the statistically probable outcome of ignoring both trend and the specific conditional logic required to fade it. The market's response was not unfortunate; it was predictable.
No offense taken. Purely technical.
  • #835
  • Edited 5:45am Sep 18, 2025 5:32am | Edited 5:45am
Quoting fxpider
@ITB, I’d be very grateful if you could share the exact step-by-step procedure you follow when you start your trading day. I’m trying to make my workflow mechanical and would really appreciate your guidance.
Daily routine — As soon as you switch on the computer and open charts, what is the first timeframe you look at, and then what next? For each timeframe, what is the first thing you check there, and then what next? (Example format: H4 → mark X, then check Y; H1 → mark A, then check B.)
daily is my bread and butter. 15min before market open, mark the nearest snr on line chart and high low on candlestick chart.
do same with weekly. if you can find a couple of nearest lines for reference when market open, that's it. if not do same with h4.

Pre-session task — Before the session starts, what are the steps you complete to prepare your chart and mindset?
do above daily routine. good night sleep for clear mind. coffee for the oomph.

Trading bias — How do you determine the directional bias for the day?
weekly and daily hhhl. if nothing look at h4 hhhl. if nothing use candle stick close on previous candle wick.

Riverbank — How do you decide at which “riverbank” (level/zone) you will wait for price, and what filters confirm that it’s the right side for the session?
total focus upon market open with nearest snr level and if confirmation entry form there, that is the one.
if no confirmation entry, sit on it and wait for one at other nearby htf snr
determine SL and TP (they are measured according to the pdf rules). does not mater win or lose. it has become mechanical.
already gone through many times and know more than 2/3 will win.
trust and confidence in the system that you are using will ensure no fear and no greed.
repeat repeat repeat like a robot.

in short it is all about the alignment of market open at the nearest htf snr level with the appearance of confirmation entry.
that is what i have been emphasing all along from the start.
but somehow there is a mental block that cannot get into the heads of traders.
ITB - Seeing Orderliness amongst 'Randomness'
  • #836
  • Sep 18, 2025 5:37am Sep 18, 2025 5:37am
Quoting birdland
GU m30: unfortunately a loss, I misjudged the trend. {image}
the main reason is that the day low acted as support in a daily uptrend.
https://www.forexfactory.com/thread/...7#post15394457
ITB - Seeing Orderliness amongst 'Randomness'
  • #837
  • Sep 18, 2025 5:52am Sep 18, 2025 5:52am
another chance for long continuation CE BO
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ITB - Seeing Orderliness amongst 'Randomness'
  • #838
  • Sep 18, 2025 6:25am Sep 18, 2025 6:25am
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  • #839
  • Edited 6:52am Sep 18, 2025 6:36am | Edited 6:52am
Quoting RafilliusB
{image} {image}
see the chart? there's thick grey rectangle. you bought around resistance directly on top. wrong location for entry.
https://www.forexfactory.com/thread/...2#post15394722

your buy 4 5 6 is a mess. compare image.
looks like you are trying to force a trade. other traders will not be able to see what you see.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #840
  • Sep 18, 2025 6:54am Sep 18, 2025 6:54am
Quoting Inthebox
{quote} Daily routine — As soon as you switch on the computer and open charts, what is the first timeframe you look at, and then what next? For each timeframe, what is the first thing you check there, and then what next? (Example format: H4 → mark X, then check Y; H1 → mark A, then check B.) daily is my bread and butter. 15min before market open, mark the nearest snr on line chart and high low on candlestick chart. do same with weekly. if you can find a couple of nearest lines for reference when market open, that's it. if not do same...
what is this
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It's not impossible, but it needs a strong will.
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