You can definitely enter on higher timeframes (i.e 1H, 2H, 4H) as long as you don't mind SLs being larger. The HTF -> LTF exercises are done with D1 -> H4 -> M30, which you can notice is approximate X6 zoom in for each drill down. Your HTF - LTF for ...

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Come back maybe one hour before NY open? If we don't have an answer by the open then i prefer to sit out until i have confirmation on either side

MTF Engulf / Engulf fail

I don't have specific rules on how to set stop losses, aside from the >10 pips use limits as shared by Rob, and minimally targets should be 2.3R (to account for fees/ commissions from your broker). There are quite a number of factors to consider, ...

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agreed, we are well into the dead zone of London's session

MTF Engulf / Engulf fail

In my opinion, yes earlier three candles were all attempting to sell past the EG, the most recent candle seems like a stop hunt for the buys to me, before finally going up

MTF Engulf / Engulf fail

Sharing a trade I took on EU during the london session earlier, Initial entry on the M30 got stop hunted. On HTFs, there was a clear rejection of the recent swing high. Found another M15 entry whilst it was falling and managed to catch the bulk of ...

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Most should follow the rules as much as possible. That being said, there are examples where the rules are bent. You may refer to post #826, where rob took a trade before market open. Coincidentally, I took a gold short today after the 90 minute mark ...

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I have annotated my charts to provide some context on what my beliefs / opinions are prior to the trade. Some of them are formed with influence from these posts: Ranging AUD upcoming (By rob) url (#909, by extension also #649) Impact of volatility ...

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Continue working on spotting trades and if you have the bandwidth, try to increase the pairs you are scanning. I suggest starting with 3, pick them based on the predominant session you tend to trade. If you are only looking at one, there is a higher ...

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AU trade taken during NY session.

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As more questions came in recently regarding the system shared in this thread by Rob, I have a few things to say. Trade-related questions of similar nature like this in future will not be answered: Throwing un-organized/random charts as a post and ...

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If you have nothing of value to add, or any constructive criticism to provide. Please refrain from posting and trying to confuse others who are trying to seek useful information The thread is barely 4 months old, I'm not sure what the reference to ...

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Take a look at post #884, multiple examples of what a 1,2,3 is provided already. Compare it with your 1-2-3, what do you think is the difference

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D1 is too high a timeframe to look for trades..... Please re-visit the start of the thread and read up on the concepts behind the system......

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I'll answer your question later as the NY session is ongoing

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You should be able to tell if the setup is valid or not. We are teaching you to fish not fish for you, if you are not sure best not to trade or practice with demos first.

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You win some you lose some, don't worry too much about SLs being hit if your set up was adhering to all system rules.

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You can review your trades taken this week during the weekend, which did hit 7.5R and which did not. Look at the higher timeframes and see if they give you an ideas as to the reasons why. In my opinion, it will be difficult for you to gain ...

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Setup is valid but I wouldn't trade non us based pairs in the NY session

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Sharing some trades I took during london session. EU Reason for the Eur/USD counter buy trade is clearer when you glean the H1/H4 line chart: H1: previous double top resistance turned support H4: 1-2-3 on buy bias. Not sure how buy will turn out, ...

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