Why Smart Traders Watch the First Hour (Initial Balance Guide) | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

4 hour strategy (the nausbot - 4 hour trader) 25 replies

Why does 4 hour bar close 1 hour later than daily bar? 6 replies

average true range for 1 hour and 4 hour charts 2 replies

X-1102 1 hour , 4 hour and daily Tf trades 7 replies

Create a verticle line at certain hour for every certain hour 16 replies

Attachments: Why Smart Traders Watch the First Hour (Initial Balance Guide)
Exit Attachments

Why Smart Traders Watch the First Hour (Initial Balance Guide)

  • #301
  • Edited 11:14am Feb 26, 2026 10:45am | Edited 11:14am
Quoting Gottiiiiiiii
{quote} hey I know this most likely isn’t usual on this site anymore but I’m a new to trading just now taking it serious after a year of procrastinating just graduated any tips or rules every trader should follow & any feedback would be greatly appreciated
Here are the rules to become a 5% (er), a winning trader and not 95%(er), a losing trader.

1. Stop looking for holy grail indicator for entry, it does not exists and entries are mostly irrelevant.

2. Spend 3 years looking at preferred market and work hard everyday and journal(every day) to gather statistics to understand what would be the best Money Management rules once you are in the market.

3. Spend next 2 years learning how to control your MindFuck(Fear and Greed), so you can actually execute your plan and not runaway after DD or shortchange yourself on TP.

4. After 5 years start small and add small fraction to a position every week you make a profit, do not add every loosing week.

This is what I did and after 5 years of very hard 20 hours a day work, I have been profitable for the last 5 years with 100% + profit.

There are no shortcuts. I make now in a year what average Doctor + Lawyer make together.

After reading this, you most likely will go to the next thread and continue looking for holy grail indicator or a system...if you do that, you will be just a part of 95% losing trader statistic.
  • #302
  • Feb 26, 2026 11:00am Feb 26, 2026 11:00am
Quoting Gottiiiiiiii
{quote} honestly trading now and days is so saturated I truly don’t know where to start when it comes to advice I’ve been looking into ict tjr usual suggestions but if you have any hidden gems I’m open to it 100%
There arent really any "hidden gems". If you really want something close to hidden gems you're gonna need some serious mathematics and coding skills, access to institutional data like Bloomberg Terminals, CME or any paid data subscription, algorithms that can trade across multiple asset classes including derivatives, and a lot of capital.

For retail traders like us, I just recommend something simple and more price action based rather than looking at indicators and liquidity sweeps. Find something that works for YOU, and stick to it.
  • #303
  • Edited 12:33pm Feb 26, 2026 11:49am | Edited 12:33pm
[quote=driven18;15591351]{quote} Here are the rules to become a 5% (er), a winning trader

____________ mucho bla bla2 lol , show ur TE , myFXbook or FX Blue with Real Genuine Live trades tabarnak

Im in da 2% Klub and will soon open here my Live TE = not Only bla bla2
Attached Image (click to enlarge)
Click to Enlarge Name: TE.png Size: 33 KB
  • #304
  • Edited Feb 27, 2026 9:48am Feb 26, 2026 12:56pm | Edited Feb 27, 2026 9:48am
[quote=rambutan7;15591473]
Quoting driven18
{quote} Here are the rules to become a 5% (er), a winning trader ____________ mucho bla bla2 lol , show ur TE , myFXbook or FX Blue with Real Genuine Live trades tabarnak Im in da 2% Klub and will soon open here my Live TE = not Only bla bla2 {image}
@rambutan7 - you are an Idiot, who instead of listening to an advice, decided to become a loser and a playa hater.

I have no need to show my record to anyone, as I am happy with making real money and at times helping struggling traders who have been here for awhile and almost there.

But for imbeciles like you, I will show 2 trades that I already posted today on live account.(follow the arrow).

I made $8,000 dollars today, while you are still hating. .
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
  • #305
  • Edited 1:37pm Feb 26, 2026 1:22pm | Edited 1:37pm
____________Idiot imbeciles = you sounds toooo Much like trump lol

BTW that chart you showed ist Meaningless = no Entry , TP , lotsize etc2- - - just plain CRAPPPPP
ps = no wonder u look like this
Attached Image (click to enlarge)
Click to Enlarge Name: no wonder.png Size: 32 KB
  • #306
  • Feb 27, 2026 3:17am Feb 27, 2026 3:17am
You can see where driven entered and exited the trades, as usual you can not see why.
Good Trading
  • #307
  • Feb 27, 2026 7:06am Feb 27, 2026 7:06am
Quoting aud
You can see where driven entered and exited the trades, as usual you can not see why.
___________ even a todler [child] can post a chart like that IMHO
  • #308
  • Edited 8:39am Feb 27, 2026 7:59am | Edited 8:39am
Quoting aud
You can see where driven entered and exited the trades, as usual you can not see why.
I appreciate your comments, but imbecile rambutant7 is just an ignorant piece of shit who will always be a loser.
  • #309
  • Feb 27, 2026 8:48am Feb 27, 2026 8:48am
Love it +115 points. Risky trade as range was large, but following a plan is a must, no choice.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
  • #310
  • Edited 9:38am Feb 27, 2026 9:16am | Edited 9:38am
Today's trades! Dow Jones opened and closed before I got a chance to extend my TP. S&P500 and Dow Jones longs also hit TP. Done for the day, another week in the bag.

Unrelated a Dow Jones dollar cost averaging buy limit was triggered with this mornings PPI news.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2026-02-27 101253.png Size: 36 KB
  • #311
  • Mar 1, 2026 2:35pm Mar 1, 2026 2:35pm
Attached Image (click to enlarge)
Click to Enlarge Name: xu7.png Size: 56 KB
  • #312
  • Edited 6:43pm Mar 1, 2026 5:23pm | Edited 6:43pm
Quoting rambutan7
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: xu.png Size: 92 KB
Attached Image (click to enlarge)
Click to Enlarge Name: xu9.png Size: 79 KB
  • #313
  • Mar 2, 2026 3:45am Mar 2, 2026 3:45am
Quoting rambutan7
{quote} {image} {image}
What is this? What are you posting dude? No context, but from what I see not relevant to this thread.
  • #314
  • Mar 2, 2026 7:01am Mar 2, 2026 7:01am
Quoting eadweardcap
{quote} What is this? What are you posting dude? No context, but from what I see not relevant to this thread.
_______________ this is ? ! ? =
Attached Image (click to enlarge)
Click to Enlarge Name: xu11.png Size: 31 KB
  • #315
  • Mar 2, 2026 7:05am Mar 2, 2026 7:05am
Quoting eadweardcap
Today's trades! Dow Jones opened and closed before I got a chance to extend my TP. S&P500 and Dow Jones longs also hit TP. Done for the day, another week in the bag. Unrelated a Dow Jones dollar cost averaging buy limit was triggered with this mornings PPI news. {image}
Was that from Friday's session on those charts? I can't see the same price action as you on Fri 27th for the SandP?!
  • #316
  • Mar 2, 2026 7:36am Mar 2, 2026 7:36am
[quote=eadweardcap;15595319]{quote} What is this? What are you posting dude? No context, but from what I see not relevant to this thread.[/quote

________ I was postin this , so that you + driven18 could make sume Serious $$$ [ for a change]

Not to worry , I'll NOT piss on ur thread NO more
  • #317
  • Mar 2, 2026 8:51am Mar 2, 2026 8:51am
Good Start to the week, + 202 points, trading from Cabo San Lucas on laptop, paid off the holidays within 20 minutes...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
  • #318
  • Mar 2, 2026 8:54am Mar 2, 2026 8:54am
[quote=rambutan7;15595706]
Quoting eadweardcap
{quote} What is this? What are you posting dude? No context, but from what I see not relevant to this thread.[/quote ________ I was postin this , so that you + driven18 could make sume Serious $$$ [ for a change] Not to worry , I'll NOT piss on ur thread NO more
cool.
  • #319
  • Edited 9:27am Mar 2, 2026 9:13am | Edited 9:27am
I trade 3 techniques, but for this thread I am only showing Range Breakout technique. I show entrees and potential of this technique.

However, there are allot that go's into managing the trade and even more into controlling your MindFuck(Fear and Greed) to seat until 200 point profit and not to runaway at 50 or 60, etc...points. Eventually 50, 60 points will not cover losses that will incur with this technique.

I do like to thank the owner of this thread @eadweardcap and another good human being, who is trying hard @vidvad for giving life to this idea.

I added this technique back to my arsenal. Last time I traded Range Breakout technique was in 2016 - 2019 on USDJPY. I was successful but then volatility stopped and therefore I stopped trading it. Glad I rediscovered this technique for Index Futures.

This is important post for the ones who want to succeed in this business.
https://www.forexfactory.com/thread/...7#post15587857

I will monitor this thread but will post a bit more random, as I will be trading outside of USA while attending to my other ventures. Good Luck to all!
  • #320
  • Mar 2, 2026 9:50am Mar 2, 2026 9:50am
Today's trades. Was not expecting longs but I guess that's just the market closing gaps. The Nasdaq position took a little longer. Stay safe out there!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2026-03-02 104834.png Size: 33 KB
0 traders viewing now