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Waiting at the Riverband

  • #1,041
  • Sep 22, 2025 7:38pm Sep 22, 2025 7:38pm
Quoting Inthebox
{quote} if you do not consider the two h4 resistance and support what htf snr do you take where none is available from weekly and daily? for if there is none, then there is no trade as per rule. or do we wait until one appears at daily and weekly?
liquidity and Daily open
i rmb that last post you ask me to take note about Daily open.
Heavily bullish /bearish market, it can act as s/r
  • #1,042
  • Sep 22, 2025 7:42pm Sep 22, 2025 7:42pm
Quoting LeongPuiy
{quote} liquidity and Daily open i rmb that last post you ask me to take note about Daily open. Heavily bullish /bearish market, it can act as s/r
ok your take is to ignore h4 snr and taking daily open.
not only the last post. it is in post 1 on OHLC as rules. how can that be missed out.

Heavily bullish /bearish market, it can act as s/r
very generic. you have to give it more definitions.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,043
  • Sep 22, 2025 7:46pm Sep 22, 2025 7:46pm
Quoting Inthebox
{quote} if you do not consider the two h4 resistance and support what htf snr do you take where none is available from weekly and daily? for if there is none, then there is no trade as per rule. or do we wait until one appears at daily and weekly?
A hypothetical question.

Please correct me.

if there was a Weekly O/H/L/C level nearest to CMP. Then I just mark that and then stop going to daily or H4 for a HTF level.
If no weekly, then find the daily O/H/L/C nearest to CMP and trade around that. No need to mark the H4 level.
If no week or daily, then find the H4 OHLC nearest to CMP and trade around that.

Or the sequence will be upside down?
Success = Practice + Patience + Persistence
  • #1,044
  • Edited 8:00pm Sep 22, 2025 7:49pm | Edited 8:00pm
Quoting fxpider
{quote} A hypothetical question. Please correct me. if there was a Weekly O/H/L/C level nearest to CMP. Then I just mark that and then stop going to daily or H4 for a HTF level. If no weekly, then find the daily O/H/L/C nearest to CMP and trade around that. No need to mark the H4 level. If no week or daily, then find the H4 OHLC nearest to CMP and trade around that.
i do not want to second guess your questions.
you can choose to go down the time frames line.
what if your full focus is already on daily snr and no others. then you must be willing to miss out the h4 and sessions high and low.
give example on a chart. then we can go on from there. i always request a chart from your point of view.
i can only answer you 12 hours later.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,045
  • Sep 22, 2025 8:02pm Sep 22, 2025 8:02pm
Quoting Inthebox
{quote} i do not want to second guess. give example on a chart. then we can go on from there. i always request a chart from your point of view.
Don't know how to put it on a chart, as it is hypothetical.

OK, let me put it in a different way.

prior to a session opens, We need to mark the HTF levels (I would like to concentrate on OHLC in this case) that are nearest to the CMP.... right?
Now we start from Weekly, then daily and then H4 to find the levels.
When we find the potential levels in any of the above TF, then do we stop going to the next lower TF for the levels?
Success = Practice + Patience + Persistence
  • #1,046
  • Sep 22, 2025 8:15pm Sep 22, 2025 8:15pm
Quoting fxpider
{quote} Don't know how to put it on a chart, as it is hypothetical. OK, let me put it in a different way. prior to a session opens, We need to mark the HTF levels (I would like to concentrate on OHLC in this case) that are nearest to the CMP.... right? Now we start from Weekly, then daily and then H4 to find the levels. When we find the potential levels in any of the above TF, then do we stop going to the next lower TF for the levels?
upon market open, if you find one, anyone htf, who knows as the lines can also be grouping together.
then need not look further because your focus will be on CE.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,047
  • Sep 22, 2025 8:24pm Sep 22, 2025 8:24pm
Quoting Inthebox
{quote} ok your take is to ignore h4 snr and taking daily open. not only the last post. it is in post 1 on OHLC as rules. how can that be missed out. Heavily bullish /bearish market, it can act as s/r very generic. you have to give it more definitions.
this is some,
but best is with some S/R from past,
with ATH and heavily bullish , Daily open can act as S/R due to AMD.
For now,
i really not sure how can we get in ,
this is why i didnt trade gold when i get hit trailing stop.
i using 15-30-1h to find liquidity for current market.
But when price reach there,
I may still want to see eg form and your riverbank set up.
my personal edge is i need to see relative equal high and low get sweep.
when there is none,
i may want to see it build first then trade.
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  • #1,048
  • Sep 22, 2025 8:40pm Sep 22, 2025 8:40pm
My personal approach to Week and Daily OHLC.
i only mark bearish candle open , or bullish candle open as S/R.
i took wick as Liquidity.
Weekly first, so we can has a range to target,
Daily second , for cmp trade.
if weekly and Daily dont have specific or healthy pullback to form, then i went down to 4h.
if 4h-weekly dont hv either,
I use Daily open as SR but it may build up some liquidity, relatively equal low or high at medium tf.
here is Daily example.
i may wrong.
i may miss out some opportunities,
but can be less trade.
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  • #1,049
  • Sep 22, 2025 8:42pm Sep 22, 2025 8:42pm
I do not have a proper chart with me. From FF the simplicity of this method had offered a buy set up for about 70 pips.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,050
  • Sep 22, 2025 8:44pm Sep 22, 2025 8:44pm
Quoting Inthebox
{quote} ok your take is to ignore h4 snr and taking daily open. not only the last post. it is in post 1 on OHLC as rules. how can that be missed out. Heavily bullish /bearish market, it can act as s/r very generic. you have to give it more definitions.
i not mean it not ok,
it just my personal perspective or approach.
Different trader different approach.
I personal prefer O/C as SR , wick as Liquidity.
And 4H all green candles , that show me heavily bullish sign.
so i think we can use daily open as s/r.
i rmb it break 3500,
most time the daily open get sweep then act support.
this just my view.
i may wrong too.
only when it is Heavily one side market.
i will only sit and wait for gold.
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  • #1,051
  • Sep 22, 2025 8:49pm Sep 22, 2025 8:49pm
Quoting Inthebox
I do not have a proper chart with me. From FF the simplicity of this method had offered a buy set up for about 70 pips.
Where would you have entered here?

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Success = Practice + Patience + Persistence
  • #1,052
  • Sep 22, 2025 8:53pm Sep 22, 2025 8:53pm
Quoting LeongPuiy
{quote} i not mean it not ok, it just my personal perspective or approach. Different trader different approach. I personal prefer O/C as SR , wick as Liquidity. And 4H all green candles , that show me heavily bullish sign. so i think we can use daily open as s/r. i rmb it break 3500, most time the daily open get sweep then act support. this just my view. i may wrong too.
It does not matter how each trader trades or what other methods he uses. It does not concern me at all. I only need to ensure that rule is being followed. That's all that matters
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,053
  • Sep 22, 2025 8:56pm Sep 22, 2025 8:56pm
Quoting fxpider
{quote} Where would you have entered here? {image}
watch the retest at daily open.
i didnt get this trade.
because not sure where to target,
if target that high,
not much pips, so i just sit tight.
but it still 40-50 pips.
this just my view.
and one reason for me didnt trade it, is i dont hv any relative high or low form at that moment.
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  • #1,054
  • Sep 22, 2025 9:02pm Sep 22, 2025 9:02pm
Messy GJ,
sideway.
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  • #1,055
  • Sep 22, 2025 9:03pm Sep 22, 2025 9:03pm
Quoting LeongPuiy
{quote} i not mean it not ok, it just my personal perspective or approach. Different trader different approach. I personal prefer O/C as SR , wick as Liquidity. And 4H all green candles , that show me heavily bullish sign. so i think we can use daily open as s/r. i rmb it break 3500, most time the daily open get sweep then act support. this just my view. i may wrong too. only when it is Heavily one side market. i will only sit and wait for gold. {image}
Just a quick input:
In my experience, the Daily Open (DO) often lines up with the Previous Day’s Close (PDC).
When it doesn’t, you’ll usually see either a gap or a higher/lower open — and in both cases the DO tends to react off the PDC, with the PDC acting as a key support or resistance level.
Because of this, I’d say the PDC carries slightly greater significance than the DO.
Success = Practice + Patience + Persistence
  • #1,056
  • Sep 22, 2025 9:19pm Sep 22, 2025 9:19pm
Quoting fxpider
{quote} Just a quick input: In my experience, the Daily Open (DO) often lines up with the Previous Day’s Close (PDC). When it doesn’t, you’ll usually see either a gap or a higher/lower open — and in both cases the DO tends to react off the PDC, with the PDC acting as a key support or resistance level. Because of this, I’d say the PDC carries slightly greater significance than the DO.
  • #1,057
  • Sep 22, 2025 11:15pm Sep 22, 2025 11:15pm
not active time.
sweep asia low, playing around daily open.
30 eg buy and 5m set up.
for watch only.

1h eg sell.
conflict set up.
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  • #1,058
  • Sep 22, 2025 11:22pm Sep 22, 2025 11:22pm
Quoting LeongPuiy
not active time. sweep asia low, playing around daily open. 30 eg buy and 5m set up. for watch only. 1h eg sell. conflict set up. {image}
Congratulation!
Looks like you are trading using a laptop/desktop now.
Success = Practice + Patience + Persistence
  • #1,059
  • Sep 22, 2025 11:57pm Sep 22, 2025 11:57pm
Quoting fxpider
{quote} Congratulation! Looks like you are trading using a laptop/desktop now.
old laptop from my eldest brother.
just for monitor.
i still find ipad more easy to process
  • #1,060
  • Edited 12:46am Sep 23, 2025 12:36am | Edited 12:46am
Quoting fxpider
{quote} Where would you have entered here? {image}
managed to squeeze some time out of lunch to explain

and got some cushion
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ITB - Seeing Orderliness amongst 'Randomness'
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