NQ short trade.
UPDATE: got V reversed.
UPDATE: got V reversed.
- #4,165
- Apr 7, 2026 6:08pm Apr 7, 2026 6:08pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
XAU Apr07 target 4758 Daily SnR{image} ...
now Apr08 retreat from Daily SnR 4816,
control risks !
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,166
- Apr 7, 2026 11:07pm Apr 7, 2026 11:07pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
GU Apr08 London 7am
- Price Action at Daily SnR levels
...
- Price Action at Daily SnR levels
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,168
- Apr 7, 2026 11:32pm Apr 7, 2026 11:32pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,169
- Edited 2:13am Apr 8, 2026 1:00am | Edited 2:13am
DAX
I am in this trade with SL at 1R. The trade is very clear. Price bounced off a resistance and a 1-2-3. The overall sentiment is very bullish. It's probably a profit taking activity. If it works, it works. Who knows.
UPDATE: I am doing a 15m one bar trailing.
OUT at 2R
I am in this trade with SL at 1R. The trade is very clear. Price bounced off a resistance and a 1-2-3. The overall sentiment is very bullish. It's probably a profit taking activity. If it works, it works. Who knows.
UPDATE: I am doing a 15m one bar trailing.
OUT at 2R
- #4,170
- Apr 8, 2026 5:03am Apr 8, 2026 5:03am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} it went far better than 4758 ... what I saw on my chart, now Apr08 retreat from Daily SnR 4816, control risks ! {image} ...
XAU Apr08 M30 New York Open
- Price Action BUEOB @Daily SnR
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,171
- Apr 8, 2026 5:37am Apr 8, 2026 5:37am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
GU Apr08 London 7am - Price Action at Daily SnR levels {image} ...
GU Apr08 New York Open update:
- strong possibility Daily would close above Monthly SnR 1.34747
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,174
- Apr 8, 2026 9:58pm Apr 8, 2026 9:58pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,175
- Apr 8, 2026 10:05pm Apr 8, 2026 10:05pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} Hey! Is this single candle in H1 chart rejecting the D1 resistance is enough for you to enter the trade?
Take time to review yesterday market.
The H1 you mentioned was not the best set-up conditions.
BUT the next higher high H1 at the Monthly SnR 1.34747 did the job perfectly. Note that Monthly SnR 1.344747 goes back to 2021.09.01.
IF you take a clean GBPUSD chart and learn to draw the SnR levels starting with the Monthly, then Weekly and the Daily, you will find many good trade setups which will run minimum +3 to +5R easily on H1. Trading H1 is just to time the market at the opening of each session and you can also trade on M30 and M15 provided you have mastered how to reconcile the lower timeframes with the higher timeframe H1 and H4 of the day.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #4,177
- Apr 9, 2026 12:41am Apr 9, 2026 12:41am
my suggestion to new traders is just to wait for weekly and daily support/resistance and high/low. trade only at those strong levels during market sessions. sometimes it can only be one or two trades a day, sometimes no trade at all. the more time you are in the market trading, the more risky it becomes. your win rate will increase. just do a back test at those levels.
