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MTF Engulf / Engulf fail

  • #621
  • Edited 2:36pm Oct 20, 2023 2:21pm | Edited 2:36pm
Quoting OTT
{quote} Okay. My questions: {image}
extreme always give you the best profit and least risk.
however very much depend on when you arrive at the chart, where is the current market price.
then you are being constrain and can only work around those vicinity.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #622
  • Oct 20, 2023 2:36pm Oct 20, 2023 2:36pm
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Would this have been an engulfing?
  • #623
  • Oct 20, 2023 2:42pm Oct 20, 2023 2:42pm
Quoting bandler
{image} Would this have been an engulfing?
yes. green body engulfs red body and closed above the high.
ITB - Seeing Orderliness amongst 'Randomness'
  • #624
  • Oct 20, 2023 2:46pm Oct 20, 2023 2:46pm
Quoting Inthebox
{quote} extreme always give you the best profit and least risk. however very much depend on when you arrive at the chart, where is the current market price. then you are being constrain and can only work around those vicinity. {image}
Okay. Thanks
  • #625
  • Oct 20, 2023 3:16pm Oct 20, 2023 3:16pm
Quoting Inthebox
{quote} take half profit, half to run and protected. {image}
gotcha
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ITB - Seeing Orderliness amongst 'Randomness'
  • #626
  • Oct 21, 2023 12:51am Oct 21, 2023 12:51am
Ready for long setup, ITB any feedback? Thanks!
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  • #627
  • Oct 21, 2023 2:13am Oct 21, 2023 2:13am
Quoting 1Hour
Ready for long setup, ITB any feedback? Thanks! {image} {image} {image}

Hi 1Hour,

I think you will need to look at the BIGGER Picture

You need to Build a Frame Work to Trade within......
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  • #628
  • Oct 21, 2023 6:17am Oct 21, 2023 6:17am
https://www.tradingview.com/x/PYpg4t2n

My expectation for november since price is in premium is bear first before it goes bull.

December should be bull because of money coming from people who work in us sending to their home countries and because of xmas spending and vacations.

https://www.tradingview.com/x/A4mOt0te

Here price again is in premium in weekly.

https://www.tradingview.com/x/t3PySwf3

Not my time to order because price is at discount, but i could wait for the breach of the 20% floor for a new setup.

So daily wise, it is wait time.

4h

https://www.tradingview.com/x/91UnRWhs

Price is near piercing 4h.

I think 1 day's worth and leaving monday to do nothing is a good idea.

https://www.tradingview.com/x/Zdq4XJNp
Trading is gambling. So gamble responsibly.
  • #629
  • Oct 21, 2023 9:48am Oct 21, 2023 9:48am
here my few cents for coming week
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  • #630
  • Oct 21, 2023 10:06am Oct 21, 2023 10:06am
Quoting 1Hour
Ready for long setup, ITB any feedback? Thanks! {image} {image} {image}
comment in chart
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ITB - Seeing Orderliness amongst 'Randomness'
  • #631
  • Oct 21, 2023 10:26am Oct 21, 2023 10:26am
Quoting Sovy
https://www.tradingview.com/x/PYpg4t2n My expectation for november since price is in premium is bear first before it goes bull. December should be bull because of money coming from people who work in us sending to their home countries and because of xmas spending and vacations. https://www.tradingview.com/x/A4mOt0te Here price again is in premium in weekly. https://www.tradingview.com/x/t3PySwf3 Not my time to order because price is at discount, but i could wait for the breach of the 20% floor for a new setup. So...
my comment in chart
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ITB - Seeing Orderliness amongst 'Randomness'
  • #632
  • Oct 21, 2023 10:44am Oct 21, 2023 10:44am
Quoting Ziemowit
here my few cents for coming week {image}
my comment in chart
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ITB - Seeing Orderliness amongst 'Randomness'
  • #633
  • Oct 21, 2023 1:19pm Oct 21, 2023 1:19pm
ty for the annotations
Trading is gambling. So gamble responsibly.
  • #634
  • Oct 22, 2023 12:11am Oct 22, 2023 12:11am
Quoting Ziemowit
here my few cents for coming week {image}
Hi, my opinion for this pair as well

This can be considered as aggressive but my conditions are:
(1) Price closes above key level >> At that time, H4 bearish engulf is where the price can be pushed to lower
(2) H4 bullish engulf is backed by D1 Engulf
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  • #635
  • Oct 22, 2023 5:56am Oct 22, 2023 5:56am
gold
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ITB - Seeing Orderliness amongst 'Randomness'
  • #636
  • Oct 22, 2023 1:38pm Oct 22, 2023 1:38pm
Will give it a try and report back.
  • #637
  • Oct 22, 2023 9:16pm Oct 22, 2023 9:16pm
Quoting Inthebox
gold {image}
d1 bullish engulf.
there is now a h4 bearish engulf.
different brokers reflect candlestick according to their own servers.
those selling according to h4 are counter trend.
ITB - Seeing Orderliness amongst 'Randomness'
  • #638
  • Oct 22, 2023 11:12pm Oct 22, 2023 11:12pm
anyone buying?
asia range is about 143 pips.
the move up about 104 pips.
if buying per htf direction, would have gotten half of the upward move.
ITB - Seeing Orderliness amongst 'Randomness'
  • #639
  • Oct 22, 2023 11:39pm Oct 22, 2023 11:39pm
all entries protected.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #640
  • Oct 23, 2023 12:40am Oct 23, 2023 12:40am
dax for frankfurt / london open
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ITB - Seeing Orderliness amongst 'Randomness'
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