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- aahmad29 replied 14 hr ago
I closed one trade of EURGBP today which is one of my favourite pair. All TF are aligning bearish trend. W1, D1 and H4. Entry was at close of candle at first arrow and exit at Doji. Price can continue moving down but I do not fight Doji.
- aahmad29 replied 15 hr ago
Oh sorry my entry was at your first arrow. But then I realized that I should wait to pull back. Is it necessary to wait for pullback or I can take entry at first arrow?
- aahmad29 replied 21 hr ago
I took long trade based on W1 and H4. Hit target
- aahmad29 replied 21 hr ago
W1 and H4 are aligning for bullish direction but D1 is still bearish. I still took trade based on W1 and H4
- aahmad29 replied 31 hr ago
If I am following trend then entry and exit on same timeframe is ok or I have to select smaller TF for exit. On this chart H4 chart there is bullish eg and candle close at 2338. Next bearish eg zone in H4 is at 2354. This long trade is valid per ...
- aahmad29 replied 32 hr ago
Yes you are right , I only take risk during Asian session for counter trades otherwise I mostly trying to do with trend. Our weekly TF has not given signal of bearish trend so it is better to stay with long trades during London and NY session
- aahmad29 replied 34 hr ago
Oh you mentioned that for scalping I don’t need to worry about higher TF. If I am trading M30 and M5 then M30 is higher TF for scalping?
- aahmad29 replied 34 hr ago
Am I marking this trade correctly for scalping ? M30 bearish engulfing candle set direction. M5 chart price came back to eg zone and bearish engulfing candle generated which will entry. Exit will be bullish engulfing zone which you marked it.
- aahmad29 replied May 25, 2024
I am only waiting for weekly bearish engulfing candle for confirmation of change of trend. Double top will be confirmed after engulfing candle. In the meantime I am doing scalping.
- aahmad29 replied May 25, 2024
This whole engulfing method is new for me but I am learning scalping. I wasn’t convinced to do scalping just on the based of trend lines. I use daily and H4 TF for trading but first time I am getting some logic of scalping. Engulfing really makes ...
- aahmad29 replied May 25, 2024
My broker H4 chart is here. Green arrow shows bullish engulfing and then price came back to that area. I think once H4 candle close outside engulfing zone then further movement will be decided.
- aahmad29 replied May 25, 2024
so it means that price will test high of this week ?
- aahmad29 replied May 23, 2024
Yes you are right I should considered direction of M30 timeframe for entry. Luckily I had small loss but then I took sell trade which was gone well. But now I am going to take trade only in direction of trend. Thanks for clarifying.
- aahmad29 replied May 23, 2024
My second question is that at M30 TF, EG was actually EF. At M5 TF, you can see price went down and then came back to EF zone. There are two triangles marked which I think will be perfect entry with bearish engulfing candle in m5 TF. Am I right ?
- aahmad29 replied May 23, 2024
Doji candle with engulfing bullish bar can be considered EG?
- aahmad29 replied May 23, 2024
I am also new to this method so you need to contact Inthebox for any question or suggestion.
- aahmad29 replied May 22, 2024
Thanks a lot. Yes it was blunder from me to miss the engulf buy zone. I will start to scalp. I saw that you are taking trade where you are taking trade where eg sell becomes ef buy and price is in buy zone in m30 chart. So for scalping i suppose to ...
- aahmad29 replied May 22, 2024
I have another question for AUDCAD. I am posting two charts D1 and H4. Bearish engulfing candle has been generated and H4 timeframe bullish candle is testing D1 engulfing zone. So now I have to go for M30 timeframe and look for short position upon ...
- aahmad29 replied May 22, 2024
I am now trying to apply full concept which you posted in post 1. I will have more questions. Today I have question that daily bearish engulfing candle is made so now we have to wait for pull back to H4 bearish engulfing zone and then go to M30 and ...
- aahmad29 replied May 22, 2024
H4 Bullish EG is in green colour. Pullback can happen. Scalping can be done during Asian session with M15, M5 and M1 timeframes.