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Attachments: MTF Engulf / Engulf fail
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MTF Engulf / Engulf fail

  • #161
  • Sep 29, 2023 7:21am Sep 29, 2023 7:21am
oops, it will heading near the recent BE.
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If you believe in yourself anything is possible !!
  • #162
  • Sep 29, 2023 7:23am Sep 29, 2023 7:23am
Quoting stevepatt
GBP/JPY H1 M15 Observations {image} {image}
this one be careful. strong down trend.
d1 and w1 down trend.
may be reaching for h4 engulf.
preferably m15, m5 has engulf fail for long.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #163
  • Sep 29, 2023 7:36am Sep 29, 2023 7:36am
Quoting Inthebox
{quote} this one be careful. strong down trend. d1 and w1 down trend. may be reaching for h4 engulf. preferably m15, m5 has engulf fail for long. {image}
Got my Eye on it...
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  • #164
  • Sep 29, 2023 8:11am Sep 29, 2023 8:11am
Quoting stevepatt
{quote} Got my Eye on it... {image}

GBP/JPY Long Trade

EDIT: Stop Loss at BE+
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  • #165
  • Sep 29, 2023 8:16am Sep 29, 2023 8:16am
Quoting stevepatt
{quote} GBP/JPY Long Trade EDIT: Stop Loss at BE+ {image}
good.
in m5 there is a engulf fail and engulf.
ITB - Seeing Orderliness amongst 'Randomness'
  • #166
  • Sep 29, 2023 8:23am Sep 29, 2023 8:23am
nasdaq after pce priice index announcement
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ITB - Seeing Orderliness amongst 'Randomness'
  • #167
  • Sep 29, 2023 8:55am Sep 29, 2023 8:55am
Quoting stevepatt
{quote} GBP/JPY Long Trade EDIT: Stop Loss at BE+ {image}
GBP/JPY Long Trade Result +40 Pips
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  • #168
  • Sep 29, 2023 10:46am Sep 29, 2023 10:46am
Quoting stevepatt
{quote} GBP/JPY Long Trade Result +40 Pips {image} {image}
GBP/JPY M1 Observations

The 1 Minute Time Frame isn't just noise when used in context with the Higher Time Frames
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  • #169
  • Edited 12:15pm Sep 29, 2023 11:49am | Edited 12:15pm
Area of confluence, Gold price reach the area where past price action was strong.

What do you say bro IntheBox ?
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If you believe in yourself anything is possible !!
  • #170
  • Sep 29, 2023 12:01pm Sep 29, 2023 12:01pm
Quoting imifx
Are of confluence, Gold price reach the area where past price action was strong. What do you say bro IntheBox ? {image}
No sense holding the trade if gets quick 21 pips in gold trade.
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If you believe in yourself anything is possible !!
  • #171
  • Sep 29, 2023 6:58pm Sep 29, 2023 6:58pm
Quoting imifx
Area of confluence, Gold price reach the area where past price action was strong. What do you say bro IntheBox ? {image}
price going to d1 engulf for target.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #172
  • Sep 29, 2023 11:56pm Sep 29, 2023 11:56pm
what do you consider to be the traits of a successful trader?
no, i don't mean those that use $10 to trade full margin and gain $ 5000 in double quick time and show it to the world.

to me, first it has to be consistency. not one day 7% profit, another day 4% loss.
see performance on a weekly basis, not daily because you may get emotional and discouraged.

to be consistent, what are the basic criteria?
second is to be disciplined in following your rules and what session of the day to trade.
third is to be be patient to wait for retest.

below was yesterday's trade of a m1 scalper trading the london and new york session.
once the target is reached, that's it. there is no regret missing what's on the table.
the longer you are in the market, the more risky it becomes
you may feel invincible then you become tired and your mind can play tricks on you.
out of the game and you have a choice whether to participate in the new york session.

now you try the same thing on new york session 10-10.30am
because that's the time after new york stock exchange open and most news event are over.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #173
  • Sep 30, 2023 12:22am Sep 30, 2023 12:22am
if you are consistent for 3 months, then you can say goodbye to your lousy job.
ITB - Seeing Orderliness amongst 'Randomness'
  • #174
  • Sep 30, 2023 12:27am Sep 30, 2023 12:27am
grandma makes my day.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #175
  • Sep 30, 2023 2:51am Sep 30, 2023 2:51am
I made a visual test of this strategy for several pairs, it seems to work perfectly. Thank you for sharing.
  • #176
  • Edited 9:59am Oct 1, 2023 9:30am | Edited 9:59am
Hi, here some observations,
please correct me if im wrong, im really looking to grasp that concept
in US30 currect zone was retested this friday, im not sure about US100 and EUR/USD
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  • #177
  • Oct 1, 2023 11:46am Oct 1, 2023 11:46am
Quoting Ziemowit
Hi, here some observations, please correct me if im wrong, im really looking to grasp that concept in US30 currect zone was retested this friday, im not sure about US100 and EUR/USD {image} {image} {image} {image} {image} {image}
do not draw arrows to predict where price will go because we really do not know.
we do not want to predict. we only react to what price is doing at snr.
or else it will affect you psychologically.

when price can break the ltf snr, then it will most likely travel to the htf snr.
price travels from ltf snr to ltf snr.
if it comes from htf snr, then it goes to htf snr.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #178
  • Oct 1, 2023 12:29pm Oct 1, 2023 12:29pm
Quoting Inthebox
{quote} do not draw arrows to predict where price will go because we really do not know. we do not want to predict. we only react to what price is doing at snr. or else it will affect you psychologically. when price can break the ltf snr, then it will most likely travel to the htf snr. price travels from ltf snr to ltf snr. if it comes from htf snr, then it goes to htf snr. {image} {image} {image}
Do you look for any specific pattern to enter?
  • #179
  • Oct 1, 2023 7:09pm Oct 1, 2023 7:09pm
Quoting Frag8383
{quote} Do you look for any specific pattern to enter?
look for engulf or engulf fail.
can also check with my trading experience like ict, srtl, qm in my other thread.
ITB - Seeing Orderliness amongst 'Randomness'
  • #180
  • Oct 1, 2023 8:12pm Oct 1, 2023 8:12pm
retest to target.
you should know what to do at target.
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ITB - Seeing Orderliness amongst 'Randomness'
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