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

  • #221
  • Oct 3, 2023 11:04pm Oct 3, 2023 11:04pm
falling hard.
just watching not doing anything yet.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #222
  • Oct 4, 2023 1:18am Oct 4, 2023 1:18am
GBP/AUD H1 Observations
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  • #223
  • Oct 4, 2023 1:38am Oct 4, 2023 1:38am
sell
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ITB - Seeing Orderliness amongst 'Randomness'
  • #224
  • Oct 4, 2023 1:57am Oct 4, 2023 1:57am
Quoting Inthebox
sell {image}
Can this be a road block?
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Also, daily looks bullish....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #225
  • Oct 4, 2023 2:14am Oct 4, 2023 2:14am
Quoting heispark
{quote} Can this be a road block? {image} Also, daily looks bullish.... {image}
there will always be road blocks in ltf.
if price goes up, need not wait to hit sl.
can judge and see whether to exit if breaking ltf bearish engulf.
if in doubt refer to htf frame.
htf price went up from d1 bullish engulf and my target is d1 bearish engulf.
same thing, i need not to wait for price to reach the target.
because the target is just for direction.
i can profit before reaching target anytime.
now expect to target the d1 bullish engulf.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #226
  • Oct 4, 2023 2:38am Oct 4, 2023 2:38am
Quoting Inthebox
{quote} there will always be road blocks in ltf. if price goes up, need not wait to hit sl. can judge and see whether to exit if breaking ltf bearish engulf. if in doubt refer to htf frame. htf price went up from d1 bullish engulf and my target is d1 bearish engulf. same thing, i need not to wait for price to reach the target. because the target is just for direction. i can profit before reaching target anytime. now expect to target the d1 bullish engulf. {image}
Not many understand this womderful idea. It is important
Trading is gambling. So gamble responsibly.
  • #227
  • Oct 4, 2023 8:44am Oct 4, 2023 8:44am
Quoting Inthebox
falling hard. just watching not doing anything yet. {image}
result
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ITB - Seeing Orderliness amongst 'Randomness'
  • #228
  • Oct 4, 2023 9:47am Oct 4, 2023 9:47am
Quoting heispark
{quote} Can this be a road block? {image} Also, daily looks bullish.... {image}
Hello Heispark,

You are a senior member here and holds good trading experience, and I hold great respect for your experience. I've observed that you frequently inquire about topics such as trend continuation trading and counter trading, among other things. I've also noticed that you emphasize the significance of recognizing reversal patterns, which can run contrary to the strategies advocated by highly-educated technical analysts.
I find myself pondering whether it is fair to question the ethics of traders who engage in counter trading, provided that they do so prudently with appropriate stop-loss measures. Is it, in fact, a transgression? And should it be contingent upon the daily market sentiment, whether it leans bullish or bearish?

Ser, please don't get offend with my message, I would like to know the thought process behind your questioning.

Green pips to all
If you believe in yourself anything is possible !!
  • #229
  • Oct 4, 2023 10:17am Oct 4, 2023 10:17am
GBP/AUD Short Trade
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  • #230
  • Oct 4, 2023 10:24am Oct 4, 2023 10:24am
Quoting stevepatt
GBP/AUD Short Trade {image} {image}

Stop at BE+
  • #231
  • Oct 4, 2023 12:06pm Oct 4, 2023 12:06pm
Quoting stevepatt
GBP/AUD Short Trade {image} {image}

GBP/AUD Short Trade Result BE+
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  • #232
  • Oct 4, 2023 12:18pm Oct 4, 2023 12:18pm
Quoting imifx
{quote} Hello Heispark, You are a senior member here and holds good trading experience, and I hold great respect for your experience. I've observed that you frequently inquire about topics such as trend continuation trading and counter trading, among other things. I've also noticed that you emphasize the significance of recognizing reversal patterns, which can run contrary to the strategies advocated by highly-educated technical analysts. I find myself pondering whether it is fair to question the ethics of traders who engage in counter trading,...
Hi,
I am sorry but I am not very sure what you're talking about... Confused with someone else? As far as day trading concerned, I never be a good trader and never be seriously involved with day trading. To be honest, I think day trading is a loser's game and a waste of time. Recently, I am jumping in here and there in FF just for fun upon boredom. That's it. I will retreat to my cave soon again. Anyway, this thread is useful I think and I hope you can learn many things from OP.
Good luck!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #233
  • Oct 4, 2023 12:33pm Oct 4, 2023 12:33pm
Quoting heispark
{quote} Hi, I am sorry but I am not very sure what you're talking about... Confused with someone else? As far as day trading concerned, I never be a good trader and never be seriously involved with day trading. To be honest, I think day trading is a loser's game and a waste of time. Recently, I am jumping in here and there in FF just for fun upon boredom. That's it. I will retreat to my cave soon again. Anyway, this thread is useful I think and I hope you can learn many things from OP. Good luck!
I got my answer, thanks.
If you believe in yourself anything is possible !!
  • #234
  • Oct 4, 2023 1:12pm Oct 4, 2023 1:12pm
@ITB, good thread, keep it up!
  • #235
  • Oct 4, 2023 4:55pm Oct 4, 2023 4:55pm
Quoting heispark
{quote} Hi, I am sorry but I am not very sure what you're talking about... Confused with someone else? As far as day trading concerned, I never be a good trader and never be seriously involved with day trading. To be honest, I think day trading is a loser's game and a waste of time. Recently, I am jumping in here and there in FF just for fun upon boredom. That's it. I will retreat to my cave soon again. Anyway, this thread is useful I think and I hope you can learn many things from OP. Good luck!
I leave 95% of my day trading with my algo trader and have plenty of free time during my day for other things in life that makes me happier .

Drop by the Trading Made Simple thread and you will see how much I have every day with those day traders trading TDI green line cross red line signals.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #236
  • Oct 4, 2023 6:21pm Oct 4, 2023 6:21pm
Quoting Inthebox
Rules (1) Go to htf w1, d1, h4 and find engulf for the price direction flow. (2) Go to h1, m30 and find engulf or engulf fail set up around the current market price. Entry upon retest of engulf or engulf fail zone. Zone as SL (40 pips maximum). TP at opposite engulf or support / resistant. (3) If you want to precise your entry or have a smaller SL, then when price retraces to the set up zone of (2) above, go to 1 or 2 time frame lower for the same process as in (2) above to find set up. As it is of a much smaller time frame, it is better that the...

I like this top down approach by the OP very much

(1) Go to htf w1, d1, h4 and find engulf for the price direction flow.

You can still be wrong 1% of the time .... If you do not know the Weekly engulfing that is a Weekly Control Candle


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #237
  • Oct 4, 2023 6:44pm Oct 4, 2023 6:44pm
[quote=Inthebox;14603738]{quote} result {i

further buy
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ITB - Seeing Orderliness amongst 'Randomness'
  • #238
  • Oct 4, 2023 7:00pm Oct 4, 2023 7:00pm
[quote=Inthebox;14604563]
Quoting Inthebox
{quote} result {i further buy {image}
I copy you, exact same entry

M30
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If you believe in yourself anything is possible !!
  • #239
  • Oct 4, 2023 7:03pm Oct 4, 2023 7:03pm
Quoting emmanuel7788
{quote} I leave 95% of my day trading with my algo trader and have plenty of free time during my day for other things in life that makes me happier . Drop by the Trading Made Simple thread and you will see how much I have every day with those day traders trading TDI green line cross red line signals. ...
do crosses make money, I saw big thread with multiple pages to read.

good to see Pros chiming in
If you believe in yourself anything is possible !!
  • #240
  • Oct 4, 2023 8:12pm Oct 4, 2023 8:12pm
Quoting Inthebox
sell {image}
Quoting Inthebox
{quote} there will always be road blocks in ltf. if price goes up, need not wait to hit sl. can judge and see whether to exit if breaking ltf bearish engulf. if in doubt refer to htf frame. htf price went up from d1 bullish engulf and my target is d1 bearish engulf. same thing, i need not to wait for price to reach the target. because the target is just for direction. i can profit before reaching target anytime. now expect to target the d1 bullish engulf. {image}
result
loss reclaimed with profit
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ITB - Seeing Orderliness amongst 'Randomness'
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