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

  • #661
  • Oct 24, 2023 6:03am Oct 24, 2023 6:03am
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Sorry i did not see ITB posted same pair earlier
  • #662
  • Oct 24, 2023 6:24am Oct 24, 2023 6:24am
Quoting Inthebox
{quote} new york session depending on news outcome maybe going down to road block and hang around there. {image} {image}
gu sell result.
balance BE left to run.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #663
  • Oct 24, 2023 8:43am Oct 24, 2023 8:43am
Quoting Inthebox
{quote} gu sell result. balance BE left to run. {image}
exit before news
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ITB - Seeing Orderliness amongst 'Randomness'
  • #664
  • Oct 24, 2023 9:06am Oct 24, 2023 9:06am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #665
  • Oct 24, 2023 12:07pm Oct 24, 2023 12:07pm
2 Trades short M5
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  • #666
  • Oct 24, 2023 10:04pm Oct 24, 2023 10:04pm
Quoting Inthebox
{image}
facing a road block
will see whether eg holding or not
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ITB - Seeing Orderliness amongst 'Randomness'
  • #667
  • Oct 24, 2023 11:29pm Oct 24, 2023 11:29pm
still think that it is random?
know when to exit if you are in trouble.

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ITB - Seeing Orderliness amongst 'Randomness'
  • #668
  • Oct 24, 2023 11:45pm Oct 24, 2023 11:45pm
Quoting Inthebox
{quote} facing a road block will see whether eg holding or not {image}
what randomness?
if the engulf supports the upward move and the road block got broken, it means that price is moving up.
if they don't, it means that price is doing some retracement.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #669
  • Oct 25, 2023 2:28am Oct 25, 2023 2:28am
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  • #670
  • Oct 25, 2023 2:31am Oct 25, 2023 2:31am
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  • #671
  • Oct 25, 2023 4:01am Oct 25, 2023 4:01am
Quoting Heini
{image}
good, i see that you got the hang of it.
ITB - Seeing Orderliness amongst 'Randomness'
  • #672
  • Oct 25, 2023 5:33am Oct 25, 2023 5:33am
Possible GBPUSD move. Price traded into H4 engulf and has now formed a M15 bullish engulf as a possible reversal. Will monitor to see if we get a retracement down to the engulf then will look for a trade opportunity (smaller timeframe). Note, there is a D1 Engulf just below the H4 one, so it may melt down to that.
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  • #673
  • Oct 25, 2023 6:05am Oct 25, 2023 6:05am
Quoting Inthebox
{quote} what randomness? if the engulf supports the upward move and the road block got broken, it means that price is moving up. if they don't, it means that price is doing some retracement. {image}
price is bouncing between the 2 h1 engulfs all day long.
expect movement during new york session.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #674
  • Oct 25, 2023 6:37am Oct 25, 2023 6:37am
Quoting Villafan911
Possible GBPUSD move. Price traded into H4 engulf and has now formed a M15 bullish engulf as a possible reversal. Will monitor to see if we get a retracement down to the engulf then will look for a trade opportunity (smaller timeframe). Note, there is a D1 Engulf just below the H4 one, so it may melt down to that. {image}
possible targets
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ITB - Seeing Orderliness amongst 'Randomness'
  • #675
  • Oct 25, 2023 6:53am Oct 25, 2023 6:53am
Quoting Inthebox
{quote} price is bouncing between the 2 h1 engulfs all day long. expect movement during new york session. {image}
bullish engulf acted as support
see whether bearish engulf will break or not.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #676
  • Oct 25, 2023 7:08am Oct 25, 2023 7:08am
Quoting Villafan911
Possible GBPUSD move. Price traded into H4 engulf and has now formed a M15 bullish engulf as a possible reversal. Will monitor to see if we get a retracement down to the engulf then will look for a trade opportunity (smaller timeframe). Note, there is a D1 Engulf just below the H4 one, so it may melt down to that. {image}
Uhhm 15m bearish engulfing has formed now but it is still yet to break the bullish engulf to confirm a down move. If it does we may see price head towards the D1 Engulfing
  • #677
  • Oct 25, 2023 8:17am Oct 25, 2023 8:17am
Quoting Villafan911
Possible GBPUSD move. Price traded into H4 engulf and has now formed a M15 bullish engulf as a possible reversal. Will monitor to see if we get a retracement down to the engulf then will look for a trade opportunity (smaller timeframe). Note, there is a D1 Engulf just below the H4 one, so it may melt down to that. {image}
Took a small loss with the first entry as tight stop loss. Price then ranged between 15m engulf candles before breaking bullish. 2nd entry hit 1st TP and 2nd entry secured. Will see if it wants to run higher.
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  • #678
  • Oct 25, 2023 9:15am Oct 25, 2023 9:15am
Quoting Inthebox
{quote} bullish engulf acted as support see whether bearish engulf will break or not. {image}
the 2 days range is 340 pips.
you will regret if you hesitate on TP, wanting more of it.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #679
  • Oct 25, 2023 9:27am Oct 25, 2023 9:27am
Quoting Villafan911
{quote} Took a small loss with the first entry as tight stop loss. Price then ranged between 15m engulf candles before breaking bullish. 2nd entry hit 1st TP and 2nd entry secured. Will see if it wants to run higher. {image}
1st entry, SL below the bullish engulf zone per post 1.
ITB - Seeing Orderliness amongst 'Randomness'
  • #680
  • Oct 25, 2023 9:38am Oct 25, 2023 9:38am
about having trust in any method that one uses.
as you get to familiarize and know the method, you will be able to see how price dances.
if you believe that it works 70% of the time, just let go.
let go fully to accept the 30% loss without fear.
so what, if you know down deep inside that in the medium and long term it will work out for you without greed.

until one fully understand that, there will always be lots of "what if's".
yes, it's all mental.

Quoting Inthebox
{quote} possible targets {image}
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ITB - Seeing Orderliness amongst 'Randomness'
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