GJ possibility.
Edit: nope!
Edit: nope!
Attached Image (click to enlarge)
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- #4,064
- Mar 24, 2026 3:47am Mar 24, 2026 3:47am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,472 Posts
It was worth trying with a short stop. The market has a different opinion today. {image}
The key difference between a rejection candle and a thrust candle lies in the CLOSE.
Success = Practice + Patience + Persistence
Catch you later's- #4,069
- Mar 24, 2026 7:20am Mar 24, 2026 7:20am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
GBPJPY Mar 24
- Trading the UK PMI data release today using the THV CaveManager EA provided by the OP in his post #324.
- first trade got stopped out. Did re-entry
...
- Trading the UK PMI data release today using the THV CaveManager EA provided by the OP in his post #324.
- first trade got stopped out. Did re-entry
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,072
- Mar 24, 2026 8:48pm Mar 24, 2026 8:48pm
- Joined Nov 2008 | Status: Trader | 50,189 Posts
BTC Mar 25 Tokyo 10am
Looking for trades once every 4-hour
Daily OHLC are SnR
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Looking for trades once every 4-hour
Daily OHLC are SnR
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,074
- Mar 24, 2026 9:11pm Mar 24, 2026 9:11pm
- Joined Nov 2008 | Status: Trader | 50,189 Posts
{quote} Hi EM, Do you use Daily OHLC SnR for all markets for trading 4H?
Yes, when there is price consolidation like the BTC Daily and there are no significant Daily swing highs and swing lows SNR.
And also observe the H4 SnR levels close-by.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,076
- Edited 11:03pm Mar 24, 2026 9:59pm | Edited 11:03pm
I know it's a dead zone for NQ but I want to explain this idea in detail.
Here we have an impulse move to downside and break a SnR zone. We wait for a retracement to the zone. There's a rejection white candle and also there's a rejection black candle. Enter on the rejection white candle is scary.
Let's see 5m. Not much to see before black candle drop.
Let's see 1m. On 1m, we check the line chart and we can see impulse pullback setup after 15m white candle formed.
For this example, price pullback to a QM level and show a rejection. Instead of entering on the big black candle and having a bigger SL, we could have a smaller SL here. SL could be at the impulse pullback rejection candle and at the head of QM. Still, big balls are required. The only difference is that you enter after a LTF momentum change which is good because you'll have a smaller DD. However, 1m is only for big liquidity markets; otherwise you'll get whipsawed a lot because MM would adjust their limit orders to collect spreads and give you many whipsaws.
This is what I said before. Now I think the explanation is better now.
Here we have an impulse move to downside and break a SnR zone. We wait for a retracement to the zone. There's a rejection white candle and also there's a rejection black candle. Enter on the rejection white candle is scary.
Let's see 5m. Not much to see before black candle drop.
Let's see 1m. On 1m, we check the line chart and we can see impulse pullback setup after 15m white candle formed.
For this example, price pullback to a QM level and show a rejection. Instead of entering on the big black candle and having a bigger SL, we could have a smaller SL here. SL could be at the impulse pullback rejection candle and at the head of QM. Still, big balls are required. The only difference is that you enter after a LTF momentum change which is good because you'll have a smaller DD. However, 1m is only for big liquidity markets; otherwise you'll get whipsawed a lot because MM would adjust their limit orders to collect spreads and give you many whipsaws.
This is what I said before. Now I think the explanation is better now.
- #4,077
- Mar 25, 2026 12:12am Mar 25, 2026 12:12am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
{quote} hi emmnauel , what time do you find setup in BTC ?
I trade during the Tokyo session and also the London session. These are my 4Hour trade windows.
Some statistics for BTC
Hourly
Daily
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,078
- Mar 25, 2026 12:13am Mar 25, 2026 12:13am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
BTC Mar 25 Tokyo 10am Looking for trades once every 4-hour Daily OHLC are SnR {image} ...
BTC Mar24 buy entry Tokyo 2pm
- m15 Bullish Engulfing Outside Bar BUEOB at the Close of the 4Hr candle
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,080
- Mar 25, 2026 5:27am Mar 25, 2026 5:27am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
Hi guys, i've read the majority of the thread, and i've seen some backtest screenshots. Can we confirm this is a profitable system overall? Just by trading like this, last swing before session's open {image}
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett