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MTF Engulf / Engulf fail

  • #1,501
  • Jan 25, 2024 6:16am Jan 25, 2024 6:16am
Quoting fxpider
UJ: H4+ H1(M30) + m5 ----> worth to look at. Price retesting the EG level.
UJ: Folded. Not enough movement.

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Success = Practice + Patience + Persistence
  • #1,502
  • Jan 25, 2024 6:36am Jan 25, 2024 6:36am
there is a divergence between dow and snp, nas.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,503
  • Jan 25, 2024 6:53am Jan 25, 2024 6:53am
GOLD: B4 the US session in a true NO MAN's LAND.

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Success = Practice + Patience + Persistence
  • #1,504
  • Jan 25, 2024 7:03am Jan 25, 2024 7:03am
Quoting Inthebox
{quote} m5 ef eg had a loss. awaiting the next one. m15 has no confirmation yet. {image} {image}
shouldn't this be the way that one studies engulfing?
but how many are doing it?
most just look see, look see. see see here, see see there.
and say oh it's like that. so easy anyone can do it.
studying during live application is the way to go because you can see straight away where you had gone wrong.
then you realize and say hey the engulfings are stacking up in one direction, i can see that price is flowing.
but when there is news, it will wipe out the best of plans.

what do you think will happen if you do these for 3-6 months?
you have no problem in spotting them.
they are already imprinted in your brain.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,505
  • Jan 25, 2024 7:05am Jan 25, 2024 7:05am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,506
  • Jan 25, 2024 7:08am Jan 25, 2024 7:08am
Quoting Inthebox
do you all find that nowadays opening FF website is rather slow. i do not find that with other websites.
I am facing this issue for couple of days, while I open a new FF tab the loading freezes and have to manually reload it.
If you believe in yourself anything is possible !!
  • #1,507
  • Jan 25, 2024 7:12am Jan 25, 2024 7:12am
Quoting imifx
{quote} I am facing this issue for couple of days, while I open a new FF tab the loading freezes and have to manually reload it.
ya. like close and reload.
unless FF is kept open all the time and not close.
do not know why only FF.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,508
  • Jan 25, 2024 7:43am Jan 25, 2024 7:43am
Quoting fxpider
GOLD: B4 the US session in a true NO MAN's LAND. {image}
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,509
  • Jan 25, 2024 7:52am Jan 25, 2024 7:52am
Quoting Inthebox
{quote} {image}
Wow! good catch.

I was just enjoying the show, seeing both sides getting cleaned.
Success = Practice + Patience + Persistence
  • #1,510
  • Jan 25, 2024 7:58am Jan 25, 2024 7:58am
UJ long
Gold short
Nasdaq short

we will see ...
  • #1,511
  • Jan 25, 2024 8:46am Jan 25, 2024 8:46am
Quoting Inthebox
{quote} shouldn't this be the way that one studies engulfing? but how many are doing it? most just look see, look see. see see here, see see there. and say oh it's like that. so easy anyone can do it. studying during live application is the way to go because you can see straight away where you had gone wrong. then you realize and say hey the engulfings are stacking up in one direction, i can see that price is flowing. but when there is news, it will wipe out the best of plans. what do you think will happen if you do these for 3-6 months? you have...
here in m30 you only need one engulf
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,512
  • Jan 25, 2024 9:04am Jan 25, 2024 9:04am
not trading, just watching and drawing the zones
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,513
  • Jan 25, 2024 9:30am Jan 25, 2024 9:30am
nas trade but did i have luck or was my analyse correct? saw eg m15 within an ef m30, price went out the m15 zone and retraced into it; marked on the m1 the zone and got in my first trade aiming for the eg m30 below; got stopped out of that trade, the m1 retraced from the prev m1 eg making a new m1 eg and this entry gave me my target eg m30, my second trade was stopped out as well but the entry was at the wrong place.

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  • #1,514
  • Edited 10:12am Jan 25, 2024 9:59am | Edited 10:12am
Quoting huskyboy
nas trade but did i have luck or was my analyse correct? saw eg m15 within an ef m30, price went out the m15 zone and retraced into it; marked on the m1 the zone and got in my first trade aiming for the eg m30 below; got stopped out of that trade, the m1 retraced from the prev m1 eg making a new m1 eg and this entry gave me my target eg m30, my second trade was stopped out as well but the entry was at the wrong place. {image} {image}
you traded counter trend during new york session.
did you listen to grandfather, father and big brother? they all asked you to long.
it is wrong to jump straight to lower time frames without doing top down analysis.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,515
  • Jan 25, 2024 10:40am Jan 25, 2024 10:40am
Quoting Inthebox
not trading, just watching and drawing the zones {image}
when i posted the above chart, how many follow me to draw the zones?
wait i can guess.
the purpose is to train your brain to see them.
if you don't do it, then don't expect any results.
they won't drop from the sky.

in the m1 shorting, there was one zone that i missed out (or maybe more).
anyone can point that out?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,516
  • Jan 25, 2024 11:10am Jan 25, 2024 11:10am
Today was patience testing day with Gold, almost 4hours of holding.
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If you believe in yourself anything is possible !!
  • #1,517
  • Jan 25, 2024 11:13am Jan 25, 2024 11:13am
Quoting Inthebox
{quote} you traded counter trend during new york session. did you listen to grandfather, father and big brother? they all asked you to long. it is wrong to jump straight to lower time frames without doing top down analysis. {image}
thank you, that's cristal clear. Hoping to learn from my mistakes but still a long way to go i believe.
  • #1,518
  • Jan 25, 2024 11:31am Jan 25, 2024 11:31am
Took long after 30m eg
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Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #1,519
  • Jan 25, 2024 11:39am Jan 25, 2024 11:39am
Quoting melord
Took long after 30m eg{image}
stopped out
Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #1,520
  • Jan 25, 2024 12:09pm Jan 25, 2024 12:09pm
Quoting BDfx77
aususd h4, price now in engulf zone. m30 created EG candle.. i am in trade for bullish move. {image} {image}
update : tp hit
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