Waiting at the Riverband | Page 207 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

People waiting for Chrismas, I'm waiting for FOMC 0 replies

NZD - A disaster waiting to happen 90 replies

IBFX, waiting for update 3 replies

Concept:waiting for price to break. 4 replies

Problem with "Waiting for Update" 2 replies

Attachments: Waiting at the Riverband
Exit Attachments

Waiting at the Riverband

  • #4,121
  • Mar 17, 2026 3:05am Mar 17, 2026 3:05am
Quoting fxpider
{quote} I am a bear until the Asia High is taken.
It pays to be a bear than a bull IMHO, but I am bullish waiting for Asia Low to be taken to engage
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 75 KB
  • #4,122
  • Mar 17, 2026 3:12am Mar 17, 2026 3:12am
Quoting ajiemussa
{quote} It pays to be a bear than a bull IMHO, but I am bullish waiting for Asia Low to be taken to engage {image}
Don't know man..it totally depends on the luck.... tough condition to trade.
Success = Practice + Patience + Persistence
  • #4,123
  • Mar 17, 2026 3:50am Mar 17, 2026 3:50am
Quoting fxpider
{quote} Don't know man..it totally depends on the luck.... tough condition to trade.
You can see we've been in consolidation for more than an hour now
  • #4,124
  • Mar 17, 2026 8:23am Mar 17, 2026 8:23am
I could be wrong but here I am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 87 KB
  • #4,125
  • Mar 17, 2026 8:38am Mar 17, 2026 8:38am
Quoting ajiemussa
I could be wrong but here I am {image}
I am currently at BE risk free whatever the chart does either to my TP or BE I am done for the day. To keep it simple 1 trade a day. I am yet to take my first position for the day
  • #4,126
  • Mar 17, 2026 8:57am Mar 17, 2026 8:57am
I hate this damn market during NY, I am done for the day
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 91 KB
  • #4,127
  • Mar 17, 2026 9:07am Mar 17, 2026 9:07am
Quoting ajiemussa
I hate this damn market during NY, I am done for the day {image}
So here is my risk management system:
I risk 250pips to get 375pips at 200pips I put my SL to BE.
Hence reward to risk is 1.5R per trade.
My aim is to take 3 to 5 trades per week. If I am red twice a week I take break for the week.
Currently I am up 1.5R this week (1 win, I BE) I have 3 days to go
  • #4,128
  • Mar 17, 2026 9:15am Mar 17, 2026 9:15am
Quoting ajiemussa
{quote} So here is my risk management system: I risk 250pips to get 375pips at 200pips I put my SL to BE. Hence reward to risk is 1.5R per trade. My aim is to take 3 to 5 trades per week. If I am red twice a week I take break for the week. Currently I am up 1.5R this week (1 win, I BE) I have 3 days to go
I am putting up a structure to how I trade. This week I added just $50 in my trading account.
If I can grow it to $250, this will put my risk $50 per trade throughout the week.
Then I transition to using $100 per risk when I grow it to $500.
When I achieve the $100 risk I will stop increasing my lot size. This will essentially be my income, then hope to start with $100k prop account after trading for 2 weeks using $100 risk.

Hope to get feedback from you guys
  • #4,129
  • Mar 17, 2026 9:27am Mar 17, 2026 9:27am
If we dip to PDL will be a nice entry but looking on the 5 min all FVG have been touched so I expect a move up.
Let's see how well the crystal ball is working today : )
  • #4,130
  • Edited 6:41pm Mar 17, 2026 9:29am | Edited 6:41pm
Quoting ajiemussa
{quote} So here is my risk management system: I risk 250pips to get 375pips at 200pips I put my SL to BE. Hence reward to risk is 1.5R per trade. My aim is to take 3 to 5 trades per week. If I am red twice a week I take break for the week. Currently I am up 1.5R this week (1 win, I BE) I have 3 days to go
Sounds like a solid plan. I ran a stress-test on your model, using AI. These are the results


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 14 KB



Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 14 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 10 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 16 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 23 KB
Success = Practice + Patience + Persistence
  • #4,131
  • Mar 17, 2026 9:39am Mar 17, 2026 9:39am
Quoting Msaman
If we dip to PDL will be a nice entry but looking on the 5 min all FVG have been touched so I expect a move up. Let's see how well the crystal ball is working today : )
If it falls... it won't be satisfied with Daily low..... probably gonna take weekly low ~4860
Success = Practice + Patience + Persistence
  • #4,132
  • Mar 17, 2026 10:08am Mar 17, 2026 10:08am
Quoting ajiemussa
I hate this damn market during NY, I am done for the day {image}
Bias is to the downside
  • #4,133
  • Mar 17, 2026 10:10am Mar 17, 2026 10:10am
Quoting fxpider
{quote} If it falls... it won't be satisfied with Daily low..... probably gonna take weekly low ~4860
Pull the trigger
  • #4,134
  • Mar 17, 2026 9:39pm Mar 17, 2026 9:39pm
better to wait then to trade.
2 doji days above 5000. h1 ranging. watching which side has a clear close on prevous h1 candle high low. m5 rbp.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 46 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,135
  • Mar 17, 2026 10:17pm Mar 17, 2026 10:17pm
Quoting Inthebox
better to wait then to trade. 2 doji days above 5000. h1 ranging. watching which side has a clear close on prevous h1 candle high low. m5 rbp. {image}
I guess....it's better to wait until FOMC.
Success = Practice + Patience + Persistence
  • #4,136
  • Mar 17, 2026 11:22pm Mar 17, 2026 11:22pm
Quoting fxpider
{quote} Sounds like a solid plan. I ran a stress-test on your model, using AI. These are the results {image} {image} {image} {image} {image} {image}
Awesome man, thanks for the feedback
  • #4,137
  • Mar 17, 2026 11:29pm Mar 17, 2026 11:29pm
Quoting Inthebox
better to wait then to trade. 2 doji days above 5000. h1 ranging. watching which side has a clear close on prevous h1 candle high low. m5 rbp. {image}
I believe we should takeout the previous day low and possibly monday Low before Gold can move higher.

Looking at the chart on the hourly I can see two equal lows I got a sell setup during asia to short the market possibly it holds or I get taken out at BE.
This is if the bulls will likely take over the market
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 66 KB
  • #4,138
  • Mar 18, 2026 1:09am Mar 18, 2026 1:09am
Quoting fxpider
{quote} I guess....it's better to wait until FOMC.
Sell the rips, buy the dips
  • #4,139
  • Mar 18, 2026 2:23am Mar 18, 2026 2:23am
Quoting Hklee
{quote} Sell the rips, buy the dips
That approach works best in a trending environment.
Right now, I’m not seeing a clean directional bias on the timeframes I track.
Success = Practice + Patience + Persistence
  • #4,140
  • Mar 18, 2026 2:32am Mar 18, 2026 2:32am
Quoting ajiemussa
{quote} I believe we should takeout the previous day low and possibly monday Low before Gold can move higher. Looking at the chart on the hourly I can see two equal lows I got a sell setup during asia to short the market possibly it holds or I get taken out at BE. This is if the bulls will likely take over the market {image}
Got stopped out at BE, no trade for the day. until possibly after FMOC
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 67 KB
5 traders viewing now