What would you guys do in this situation, in my knowledge market open always finds liquidity before going to the direction it wants and I can’t seem to find an entry because pre-market open already did the HTF liquidity. Should I consider pre-market open liquidity? (the horizontal line is the market open) I’m still learning guys please don’t be harsh😄
And there will be days you don’t get entry; either get comfortable with a later market entry or just let it run without you.
Don’t enter then… One of the hardest things to do is nothing. That’s something I personally struggle with. Back testing should tell you how often a trade setup is likely to occur on a weekly/monthly basis. Based on that, become comfortable with the idea that correctly analyzing the bias does not necessarily mean you’ll find an entry. As frustrating as that can be, it’s part of the game.
The FVG is my entry most of the time, but it’s also quite risky.
Use a simple fib for entry, 50% or 62%, don’t think too much.
Sometimes it’s like this. Especially on HTF, if price just starts moving with 0 retest, then oh well.
A buy limit at around 1.29680, SL @ 1.29430, and TP @ 1.29950. However, considering the risk to reward ratio of about 1:1, I would say, sit this trade out.
Kingsley said:
A buy limit at around 1.29680, SL @ 1.29430, and TP @ 1.29950. However, considering the risk to reward ratio of about 1:1, I would say, sit this trade out.
With a 1:1 RR, a 75-80% hit rate can easily be achieved if someone is doing the necessary backtests to filter out the losing trades. With a 75% hit rate and a few break-even trades, 4-5% can be risked and still be completely safe. As such, one can make just as much profit, or even more, as others hitting 1:5s with a 50% rate and risking 2%. There is a very important aspect of this perspective, and that is emotional stability. It can further increase profitability. This is also my suggestion for OP.
Thank you guys, this helps a lot! 
Dial down to smaller time frames for a ‘sniper entry’. I usually set the main trend at the main time frame (e.g., 1hr) and set the entry time frame for 15 mins to watch for actual candle break.
I buy around pullbacks like 1.29600 or 1.29650 and so on and so forth.
First of all, clean your chart, buddy. This is dirty. These lines only distract you from price action. What time frame is this though? I use the one-minute chart to find entries. If this is a one-minute chart, I would say that down to 1.29558 would be a great long entry. I did not see any good short entry.
Came across a couple of indicators that give pretty accurate entries.
OMG, what a beautiful entry at the bottom! Sheesh!!!
If it feels like you’re forcing a trade, you probably are.