MTF Engulf / Engulf fail

maybe test of trend line or fib 50 retrace.

ranging update or see the nyse open

I think if it hits 150 soon I am gonna take 50% profit, set stop loss to break even and set the other 50% TP to daily open.

nasdaq sell result

don't focus on money.
focus on high probability trade entry for maximum performance.
money will follow automatically.

if you can only make one trade per day, how would it looks like?
high probability trades do not come often.
is it our personality to be disciplined enough to wait for it to happen?
surely not from the tunnel view from smaller time frames?
if we do not possess that kind of character, then high probability trade is not for us.

constantly trying to improve, i come up with the following for myself.
every one else has to find their own.
we can use smaller time frames to precise our entry.
however, in order to avoid the tunnel vision of smaller time frames,
always check back the higher time frames for supporting factors.
the h4 has 2 engulf sell within the d1 engulf sell around point of entry.

the truth about day trading

the best trades are always hard and emotionally difficult, and occur after the masses have been stopped out

who is your greatest enemy? ............ your own EGO. be conscious of how you think.

Hi traders!
here my view on EUR/JPY
i think 164.00 are should be tested - on that level TL was broken and as we know price often retests that are,
but when we check engulf 15 30 1h every zones was tested - how do you see it ITB ?

ej engulf sell.
wary of down ward sloping broken trend line bounce up to test engulf sell.
also supported by h4 engulf sell.

snp engulf sell

https://www.tradingview.com/x/2YiDiAmv

Checked euro at london, saw bullish, made a calculated fib entry for a decent tp.

Tp taken out eventually was a past daily high

snp sell result
it would be difficult for reversal even at d1 level.
price went up a higher d1 level and dropped.

uj d1 engulf buy

GJ: failed engulf became support.

d1 h4 perspective

GJ: Bullish PA inside the bearish zone.

uj buy result

gj i prefer to be on the cautious side to see whether today will close above 186.80 or below the upward sloping trend line.

Gold sell
multiple engulf zones + trendline broken and retested