Waiting at the Riverband

engulf / engulf fail

a slow down can be seen from the closeness of the engulfs grouping.
price hit the h1 eg sell.

Market is struggling to push through. I won't be surprised if a sudden drop to 5040 area in search for liquidity.

it's a waiting game

https://www.forexfactory.com/thread/...0#post15557380

watch it before it is taken down again.

4H traders will jump in about 7 minutes from now..... let's go.

Better to download and keep it in the computer.
I have done it.

i didn't know that we can download stuff from youtube. how to do it?

Check your DM.

https://www.forexfactory.com/thread/...5#post15563335

moving between support and resistance

was searching something on google and found ur eg/ef thread from 2023 and then i saw u moved to 2b scalping and then this thread. saw ur riverband pdf looks good. i am fimiliar with SNR/EG and i liked ur SOP. but still have some questions.
1) Market Open? which one u use? asia/london/comex/ny?
2) we have to see HTF SNR/EG area, should we wait at this area when market is open or can we check what happend few hours ago or whatever happend at that area last time?
3) once HTF (h4-daily) area is tapped at what timeframe it should give us breakout? h1 or m15?
4) also how do u take middle entries in days where u dont have htf reject bos. as its not possible to have this everyday?

Good morning everyone this is my poi for this session

Will probably buy on this if it ends up m3 egb will target 200pips only

hmmm i wonder if its safe tp entry 4677.095 considering as there is not m15 liq sweep yet

If any retracement to these levels, would be a great opportunity.

"It faced resistance at 4900."

Traders, caution on GOLD today — conditions aren’t favorable unless you’re deliberately taking a gamble.
Honestly, it’s a good day to sit this one out. Don’t get fried on a Friday.

asia

[quote=junaidali15;15565802]{quote} was searching something on google and found ur eg/ef thread from 2023 and then i saw u moved to 2b scalping and then this thread. saw ur riverband pdf looks good.

1) Market Open? which one u use? asia/london/comex/ny?
asia/ldn/ny/ny stock exchange
use the one that you have a 3 hour slot.

2) we have to see HTF SNR/EG area, should we wait at this area when market is open or can we check what happend few hours ago or whatever happend at that area last time?
if a 3 hour slot is not available, you can work in reverse order.
pattern or variations of it form in ltf. check to see that there is htf snr/eg alignment supporting the move in that zone.

3) once HTF (h4-daily) area is tapped at what timeframe it should give us breakout? h1 or m15?
depending on how strong is that area or when we happen to be in the same timing move as institution, we can use a m1 first touch entry of far left htf support.
in normal circumstance or slow movement, after htf tap, we can wait for the medium tf h1/m30 for eg, ltf m15 to m1 for breakout or pullback entry in current market conditions.

4) also how do u take middle entries in days where u dont have htf reject bos. as its not possible to have this everyday?
no action or would be a higher risk for cases like consolidation break out or pullback entry.