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  • #3,941
  • Jan 25, 2026 4:17am Jan 25, 2026 4:17am
Quoting emmanuel7788
{quote} here is today' example where there are the Monthly SnR (violet) , Weekly SnR (DarKOrange), Daily SnR (Red) and the 4H SnR (Green). GBPUSD Jan 4H {image} I use different colours for different timeframes , why? I look at the Daily candle price action and the Weekly and Monthly SnR levels ...
Hello @emmanuel7788
I have a question. When the price touches an SNR level, how can you know whether it will break out or reverse? When I trade on a lower timeframe, sometimes the price breaks a higher-timeframe SNR level first and then reverses. In some cases, it even leaves a pin bar that looks like a successful breakout before actually reversing.
  • #3,942
  • Jan 25, 2026 6:59am Jan 25, 2026 6:59am
Quoting Blalala
{quote} Thank you very much for your explanation. Do you mean that the closer we are to a higher-timeframe SNR, the higher R:R ratio will be?
You need to look at the higher timeframes SnR all the time. The support and resistance levels are not single price levels but are a zone where potential price reaction can happen. Look the the confluence of different timeframes SnR and see the zone.

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The OP tend to look for R:R 1 to 7.5 and he trade around the market session open 2 hours when there is higher liquidity. His SL are usually very small 10pips .

I trade the 4-hour trade window for example London 6am, 10am and 2pm. During these 4 hours, is also the Frankfurt and London open hours. My SL can be 10 to 20 pips for USD majors.

I prefer R:R 1to 5. But always look for trade setups with potential of minimum R:R 1R : 2R.
This would give you a Statistical Edge and you do not need high win rate.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,943
  • Jan 26, 2026 3:56am Jan 26, 2026 3:56am
Quoting Genry_05
In addition to this method, there is a fairly extensive arsenal of building forecast levels. Here is the Gann 144 grid <eurusd w1> built 2022-DEC-21, it lacks SR levels as it overloads the screen, but they were also calculated. {image} {file}
GANN ? it's called "GANN Square of 144", that's what GANN do in all his methods, he always Square Price&Time.

one look at the chart you provided:
- Price&Time are not Squared.
- Time looks like Fibonacci more than GANN.
- Price "labels" says 144 and it's 1/8's (except 27), but nothing in price itself is 144 or 1/8's.
- measurements are imposed on price after the fact to calculate extreme high to extreme low in Price&Time, and that's another Fibonacci measuring method not GANN, GANN make his measurements before price happen, that's why he Square Price&Time, he only need a starting point of extreme high/low.

that's why I never trusted scripts and software's who use GANN name to make profits from people who know NOTHING about GANN to factcheck their scam.

this is what Square of 144 looks like(dotted levels are 1/3's)

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this is what Square of 360 with angles looks like

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this is what Square of 360 with 50% levels of 1*1 cycles looks like

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cheers,
"the public is not yet ready for it" W.D. GANN
  • #3,944
  • Jan 26, 2026 6:10am Jan 26, 2026 6:10am
Quoting Kwt4x
{quote} GANN ? it's called "GANN Square of 144", that's what GANN do in all his methods, he always Square Price&Time. one look at the chart you provided: - Price&Time are not Squared. - Time looks like Fibonacci more than GANN. - Price "labels" says 144 and it's 1/8's (except 27), but nothing in price itself is 144 or 1/8's. - measurements are imposed on price after the fact to calculate extreme high to extreme low in Price&Time, and that's another Fibonacci measuring method not GANN, GANN make his measurements before price happen, that's why he...
I think you landed on the wrong planet.
  • #3,945
  • Jan 26, 2026 6:42am Jan 26, 2026 6:42am
Quoting emmanuel7788
{quote} You need to look at the higher timeframes SnR all the time. The support and resistance levels are not single price levels but are a zone where potential price reaction can happen. Look the the confluence of different timeframes SnR and see the zone. {image} The OP tend to look for R:R 1 to 7.5 and he trade around the market session open 2 hours when there is higher liquidity. His SL are usually very small 10pips . I trade the 4-hour trade window for example London 6am, 10am and 2pm. During these 4 hours, is also the Frankfurt and London...
Thanks ,Do you think that with this method, how many good setups can appear in one day on a single pair like GBP/USD? I’ve waited for a long time, but it’s very difficult to catch a setup right at the start of the session. And when a good setup does appear, it isn’t within the first two hours of the session.
  • #3,946
  • Jan 26, 2026 7:30pm Jan 26, 2026 7:30pm
Quoting Blalala
{quote} Thanks ,Do you think that with this method, how many good setups can appear in one day on a single pair like GBP/USD? I’ve waited for a long time, but it’s very difficult to catch a setup right at the start of the session. And when a good setup does appear, it isn’t within the first two hours of the session.

If you only look at GBPUSD, then you can trade when the London market session opens at 8am and trade only the first two hours.
On certain days, you may not find any setups that fit 100% the conditions for +7.5R trade.
I only look for trades with +3R to +5R profit. Anything with minimum +2R would work out over a series of 1,000 trades.

Positive Expectancy will give you an EDGE.
I did this back-test last weekend for the M15 thread.
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GBPUSD this week will be very tough after last week' Davos forum.
Today, we need to look the previous day Open, High, Low and Close ... these are also SnR where price can react. Also the price round numbers ...13650, 13700. 13750, etc.

GBPUSD Daily

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It is very hard work.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,947
  • Jan 26, 2026 7:38pm Jan 26, 2026 7:38pm
Quoting Blalala
{quote} Thanks ,Do you think that with this method, how many good setups can appear in one day on a single pair like GBP/USD? I’ve waited for a long time, but it’s very difficult to catch a setup right at the start of the session. And when a good setup does appear, it isn’t within the first two hours of the session.

If we review yesterday' H4,

You will see the price action tested the Daily SnR 13644 and the RN 13650.
You can only catch the trade in the lower timeframes M15 and M5.
You need a lot of practice and develop the skills to trade multi-timeframe chart reading.
Therefore I always look at M5 charts with H1 and H4 candles in the background. This was I see as each M5 candle closes, I see the M15, M30, H1,... candles price action.
Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,948
  • Jan 26, 2026 9:39pm Jan 26, 2026 9:39pm
Quoting emmanuel7788
{quote} If we review yesterday' H4, You will see the price action tested the Daily SnR 13644 and the RN 13650. You can only catch the trade in the lower timeframes M15 and M5. You need a lot of practice and develop the skills to trade multi-timeframe chart reading. Therefore I always look at M5 charts with H1 and H4 candles in the background. This was I see as each M5 candle closes, I see the M15, M30, H1,... candles price action. {image} ...
Thanks a lot for your review. Yesterday, I looked for a sell entry as I saw the price reject near theresistance at 1.36714(H4) and sold there (since it was also close to the opening market London ). I didn't notice the buy setup afterward . Can you give me a tip on how to decide when to go long or short?
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  • #3,949
  • Jan 27, 2026 12:29am Jan 27, 2026 12:29am
Quoting Blalala
{quote} Thanks a lot for your review. Yesterday, I looked for a sell entry as I saw the price reject near theresistance at 1.36714(H4) and sold there (since it was also close to the opening market London ). I didn't notice the buy setup afterward . Can you give me a tip on how to decide when to go long or short? {image} {image}
GBPUSD Jan27 H4 London 6am

- at this hour the H4 is not trending. It is sideways with that big candle and small candles.

- this is best to trade the M5 with small loss ,

- whether to buy or sell, look for a price action setup which shows price pull-back and momentum,

- and with potential to run +3R to +5R for that small Stop Loss -1R

- if trade get stopped out, look for re-entry.


H4
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M5 with 4Hr candle

- remember the previous Day Open and Close
- and the price RN

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jan 27 Lon6am M5 with 4Hr 27-1-2026 2-29-01 pm.png Size: 20 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,950
  • Jan 27, 2026 10:35pm Jan 27, 2026 10:35pm
Quoting BDfx77
after couple of losses one 5R and 10R. {image}
Do it just like that.
@iplipinc
  • #3,951
  • Jan 27, 2026 10:58pm Jan 27, 2026 10:58pm
Quoting 255k
{quote} Do it just like that.
thanks
  • #3,952
  • Edited 3:51am Feb 6, 2026 3:34am | Edited 3:51am
What a nice way to end the week. +5R
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  • #3,953
  • Feb 19, 2026 5:30am Feb 19, 2026 5:30am
Thank you Rob
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  • #3,954
  • Feb 19, 2026 9:13am Feb 19, 2026 9:13am
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  • #3,955
  • Feb 24, 2026 6:18am Feb 24, 2026 6:18am
Great trade EUR|AUD
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  • #3,956
  • Feb 24, 2026 6:30am Feb 24, 2026 6:30am
Quoting Blalala
{quote}Can you give me a tip on how to decide when to go long or short?
i think you're missing the part where the OP stopped looking at support and resistance on higher timeframes, and only started caring about this.

Read posts 2768, 2766, 2712, 3022, and 438 again. It's all you'll need from this thread. Look at @soul4 and @s_winner last trades, they operate exactly like the OP. 1) impulse move breaking the last valid swing. 2) pullback to that swing. 3) a candle rejecting that level and starting a big move.
  • #3,957
  • Feb 25, 2026 3:02am Feb 25, 2026 3:02am
This happens too
EUR|GBP sl
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  • #3,958
  • Edited 8:05am Feb 25, 2026 3:50am | Edited 8:05am
Sell GBP|USD
Upd: sl
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  • #3,959
  • Feb 25, 2026 11:35am Feb 25, 2026 11:35am
Audusd and Audcad.
Entered Audcad a bit late but it worked out.
I've been backtesting this strategy for a while to try to get the hang of it. Today I decided to trade it live. How I understand it is, look for 1,2,3 pattern at 4hr SnR zones.
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Bird is the word.
  • #3,960
  • Edited 7:01am Feb 26, 2026 3:23am | Edited 7:01am
Missed a closer entry into selling EUR|AUD
Update: sl +2R
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