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Trading with the zones

  • #221
  • Jun 20, 2021 10:06am Jun 20, 2021 10:06am
Quoting Forexholy
{image}{image}{image}{image}{image}
Hi Forexholy

Hope you find this msg in best of the health,

I have a query on this first m15 chart why do you enter here it can is showing a rejection wick, would you call it a risky entry or you have some confirmations.


Regards
bilal
"Exchange of hands"
  • #222
  • Jun 20, 2021 3:05pm Jun 20, 2021 3:05pm
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  • #223
  • Jun 20, 2021 3:08pm Jun 20, 2021 3:08pm
Quoting kette
for m1 trading you must have a good spread {image} {image} {image}
You are right the broker I was trying out has a crazy spread! Hey I really like you temple is it possible I can get a copy of that!
  • #224
  • Jun 20, 2021 3:09pm Jun 20, 2021 3:09pm
Quoting bilal1947
{quote} Hi Forexholy Hope you find this msg in best of the health, I have a query on this first m15 chart why do you enter here it can is showing a rejection wick, would you call it a risky entry or you have some confirmations. Regards bilal
Not sure which trade you are referring to as there is no picture on here but I would think I went to a higher timeframe then entered on a lower timeframe.
  • #225
  • Jun 20, 2021 3:16pm Jun 20, 2021 3:16pm
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  • #226
  • Jun 20, 2021 3:41pm Jun 20, 2021 3:41pm
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  • #227
  • Jun 20, 2021 4:12pm Jun 20, 2021 4:12pm
Quoting Forexholy
{image}

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  • #228
  • Jun 20, 2021 4:14pm Jun 20, 2021 4:14pm
Quoting Forexholy
{quote} You are right the broker I was trying out has a crazy spread! Hey I really like you temple is it possible I can get a copy of that!

great room
I like the
  • #229
  • Jun 20, 2021 5:12pm Jun 20, 2021 5:12pm
Let me say this about Order Blocks cause I put out a lot of vids for guys to watch. I personally only look for a 2 candle engulfing pattern formation when it comes to order blocks I try to keep it as simple as possible. I don’t look for 6 different formations.
  • #230
  • Jun 20, 2021 5:25pm Jun 20, 2021 5:25pm
Quoting Forexholy
Let me say this about Order Blocks cause I put out a lot of vids for guys to watch. I personally only look for a 2 candle engulfing pattern formation when it comes to order blocks I try to keep it as simple as possible. I don’t look for 6 different formations.

I have read some of it, very time consuming for me to grasp the right trade.
liquid markets with volume bring success
  • #231
  • Jun 20, 2021 5:28pm Jun 20, 2021 5:28pm
Quoting Forexholy
Let me say this about Order Blocks cause I put out a lot of vids for guys to watch. I personally only look for a 2 candle engulfing pattern formation when it comes to order blocks I try to keep it as simple as possible. I don’t look for 6 different formations.
Could you please give an example with a screenshot of what that looks like
  • #232
  • Jun 20, 2021 5:39pm Jun 20, 2021 5:39pm
Quoting Forexholy
{quote} Not sure which trade you are referring to as there is no picture on here but I would think I went to a higher timeframe then entered on a lower timeframe.
Here is an m15 chart why did you enter if you can recall
Attached Image
"Exchange of hands"
  • #233
  • Edited 6:12pm Jun 20, 2021 5:52pm | Edited 6:12pm
Quoting Paulinefx
{quote} Could you please give an example with a screenshot of what that looks like
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Now if you look at this trade The blue line is the previous day low and the red line is previous day high I normally always mark these. Now looking at the picture the bottom candles to the left the blue candle engulfs the black down candle. Then price goes up and then pulls back and then starts up again. This same pattern also works from the top going down.
  • #234
  • Jun 20, 2021 5:59pm Jun 20, 2021 5:59pm
This pattern can work on any timeframe depending on how long you want to be in the trade. It can also reverse with the same engulfing pattern
  • #235
  • Jun 20, 2021 6:04pm Jun 20, 2021 6:04pm
So in essence you can look for this pattern on all timeframes but it is best to find it on a higher timeframe 30 Min and above then drop down to a lower timeframe for an entry using the same pattern.
  • #236
  • Jun 20, 2021 6:08pm Jun 20, 2021 6:08pm
Quoting bilal1947
{quote} Here is an m15 chart why did you enter if you can recall {image}
Looks to me as if there is an engulfing order block pattern
  • #237
  • Jun 20, 2021 6:09pm Jun 20, 2021 6:09pm
Quoting Forexholy
This pattern can work on any timeframe depending on how long you want to be in the trade. It can also reverse with the same engulfing pattern
Forexholy from whom have you learn this method or is it your own discover and since when you figure out to trade this way, seems youre very experienced trader.
"Exchange of hands"
  • #238
  • Jun 20, 2021 6:10pm Jun 20, 2021 6:10pm
Quoting Forexholy
{quote} Looks to me as if there is an engulfing order block pattern
Would you call it a risky trade?
"Exchange of hands"
  • #239
  • Jun 20, 2021 6:15pm Jun 20, 2021 6:15pm
I’ve been trading since 2007 and have many hours of screen time too many really. I’ve tried out many many systems. Iam 60 years old but don’t fill that old and am in good health thank God!
  • #240
  • Jun 20, 2021 6:17pm Jun 20, 2021 6:17pm
Quoting bilal1947
{quote} Would you call it a risky trade?
It may have been I don’t remember but if you find the perfect trader please let me know who he is so I can learn what he knows!
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