MTF Engulf / Engulf fail | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Engulf Bar Trading Journal 19 replies

MPE - Momentum, Pullback, Engulf 33 replies

Trade management - moving stops to BE+ after opposing engulf 2 replies

Engulf Alert Indicator 1 reply

MTF Stochastics into MTF Stoch Histogram 8 replies

Attachments: MTF Engulf / Engulf fail
Exit Attachments

MTF Engulf / Engulf fail

  • #561
  • Oct 19, 2023 11:27am Oct 19, 2023 11:27am
oK I've got it
Attached Image (click to enlarge)
Click to Enlarge Name: .USTECHCashM15.png Size: 20 KB
  • #562
  • Oct 19, 2023 11:28am Oct 19, 2023 11:28am
Quoting Heini
ok so the entries should have been done like this?{image}
ok. i search you tube video for you
ITB - Seeing Orderliness amongst 'Randomness'
  • #563
  • Oct 19, 2023 11:30am Oct 19, 2023 11:30am
https://www.forexfactory.com/thread/...7#post14593437

here is another video from melfx for you to study.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #564
  • Oct 19, 2023 11:34am Oct 19, 2023 11:34am
Quoting Inthebox
https://www.forexfactory.com/thread/...7#post14593437 here is another video from melfx for you to study. https://www.youtube.com/watch?v=w1cS67NN2S8&t=1692s
Thank you very much
  • #565
  • Oct 19, 2023 11:38am Oct 19, 2023 11:38am
Quoting Inthebox
{quote} ok. i search you tube video for you
thank you very much and sorry - I want to understand
  • #566
  • Oct 19, 2023 11:39am Oct 19, 2023 11:39am
Quoting Inthebox
{quote} price just ding dong between the 2 h1 engulf until one side gives way to breakout {image}
going to breakout?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #567
  • Oct 19, 2023 12:10pm Oct 19, 2023 12:10pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 19 KB
  • #568
  • Oct 19, 2023 12:16pm Oct 19, 2023 12:16pm
Quoting Inthebox
https://www.forexfactory.com/thread/...7#post14593437 here is another video from melfx for you to study. https://www.youtube.com/watch?v=w1cS67NN2S8&t=1692s
I watched couple of videos from her yesterday and she mentions that the best entries are engulfing fails and engulfing to engulfing on the same timeframe.
  • #569
  • Oct 19, 2023 12:34pm Oct 19, 2023 12:34pm
Quoting Frag8383
{quote} I watched couple of videos from her yesterday and she mentions that the best entries are engulfing fails and engulfing to engulfing on the same timeframe.
what do you mean?
do you mean from h4 engulf, also entry on h4 engulf?
post chart to be clear.
ITB - Seeing Orderliness amongst 'Randomness'
  • #570
  • Oct 19, 2023 12:49pm Oct 19, 2023 12:49pm
Quoting Inthebox
{quote} what do you mean? do you mean from h4 engulf, also entry on h4 engulf? post chart to be clear.
Sorry I'm not at my computer

She decides the bias on higher time frames like you do from the 4H or higher
Then drops to lower time frames and then looks for engulfing fail and then retest or

A engulfing inside the higher timeframe retest of the smaller timeframe and get out of it with an engulfing

She does not consider engulfing the classic candle pattern just that the price covers previous prices

Kind regards
  • #571
  • Oct 19, 2023 1:01pm Oct 19, 2023 1:01pm
Quoting Frag8383
{quote} Sorry I'm not at my computer She decides the bias on higher time frames like you do from the 4H or higher Then drops to lower time frames and then looks for engulfing fail and then retest or A engulfing inside the higher timeframe retest of the smaller timeframe and get out of it with an engulfing She does not consider engulfing the classic candle pattern just that the price covers previous prices Kind regards
Then drops to lower time frames and then looks for engulfing fail and then retest or

A engulfing inside the higher timeframe retest of the smaller timeframe and get out of it with an engulfing

i thought this is the same as my post 1 under (2) and (3)
(2) Entry.
When price retraces to the htf h4 Engulf zone
Drop down to h1 or m30 or m15 and find Engulf or Engulf Fail set up.
Entry upon retest of Engulf or Engulf Fail zone.
(3) Further precision entry or find a smaller SL,
Normally point 2 above for entry will suffice.
When price retraces to the h1 or m30 or m15 Engulf or Engulf Fail zone
Drop down to m5 or m1 and find Engulf or Engulf Fail set up.
It is advisable not to use these time frames if you are a lesser experienced trader.
When there is Engulf Fail it is better to be followed up with an Engulf set up.
Entry upon retest of Engulf or Engulf Fail zone.
ITB - Seeing Orderliness amongst 'Randomness'
  • #572
  • Oct 19, 2023 1:11pm Oct 19, 2023 1:11pm
Quoting Inthebox
{quote} Then drops to lower time frames and then looks for engulfing fail and then retest or A engulfing inside the higher timeframe retest of the smaller timeframe and get out of it with an engulfing i thought this is the same as my post 1 under (2) and (3) (2) Entry. When price retraces to the htf h4 Engulf zone Drop down to h1 or m30 or m15 and find Engulf or Engulf Fail set up. Entry upon retest of Engulf or Engulf Fail zone. (3) Further precision entry or find a smaller SL, Normally point 2 above for entry will suffice. When price retraces...
Correct is as you explained
  • #573
  • Oct 19, 2023 1:42pm Oct 19, 2023 1:42pm
gold buy
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #574
  • Oct 19, 2023 1:55pm Oct 19, 2023 1:55pm
Quoting Inthebox
gold buy {image}
Unfortunately, I didn't trade it, it was too hot for me up here
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.png Size: 18 KB
  • #575
  • Oct 19, 2023 2:12pm Oct 19, 2023 2:12pm
I`m waiting
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDDaily.png Size: 20 KB
  • #576
  • Oct 19, 2023 6:30pm Oct 19, 2023 6:30pm
https://www.tradingview.com/x/Z1Ogfooa

Price may go down here today at the green bar. Care on the trend line range as we observe yesterday's max retracement that broke the trendline.
Trading is gambling. So gamble responsibly.
  • #577
  • Oct 19, 2023 11:01pm Oct 19, 2023 11:01pm
Hope the overview helps once and for all.
Horizontally engulf to engulf for Entry.
Vertically engulf to engulf for TP.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #578
  • Oct 19, 2023 11:11pm Oct 19, 2023 11:11pm
from now on i come to this thread and perform the following around half an hour before Frankfurt open.
hope traders can join me in posting point 2 HTF Engulf Level.
and each individually will perform his own point 3 LTF Engulf Level.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #579
  • Oct 19, 2023 11:18pm Oct 19, 2023 11:18pm
hope that traders become more conversant with this thread, then i can close it off by year end.
so it is up to you whether you want to familiarize it by posting charts till then.
ITB - Seeing Orderliness amongst 'Randomness'
  • #580
  • Oct 20, 2023 12:39am Oct 20, 2023 12:39am
the bullish engulf is a counter trend. so do not be greedy.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
ITB - Seeing Orderliness amongst 'Randomness'
0 traders viewing now