MTF Engulf / Engulf fail

Quoting melord

Disliked

{quote} stopped out

Ignored

Quoting Inthebox

Disliked

{quote} {image}

Ignored

Quoting Inthebox

Disliked

{quote} 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? {image} {image}

Ignored

Quoting melord

Disliked

Re-enter long to get revenge on the market. Not a good idea but I hate it when they shake me out and then go to the desired direction{image}

Ignored

Quoting kunz78

Disliked

{quote} Hi, first post here. I attach chart with couple of zones marked in yellow Great thread btw. Extremely informative {image}

Ignored

Quoting melord

Disliked

{quote} Took small loss after 30 min bearish engulf

Ignored

Quoting Inthebox

Disliked

...... certain areas where you can improve your own method. when trading do not be predictive but be reactive. for example you have a htf resistant and you have already made up your mind that when price reaches there, touch and go short. instead we should wait whether there is confirmation in ltf to go short............

Ignored

Quoting Inthebox

Disliked

i have shown enough. now the ball is in your court to practice drawing the zones. those with enough interest to show discipline and patience for 3-6 months will continue the journey on his own. in order to keep this thread in readable size, i will stop when it reaches page 50. {image}

Ignored

Quoting fxpider

Disliked

{quote} My philosophy is the MIDDLE PATH. I try (most of the time ) to keep the balance between the predictive and the reactive nature, by allocating equal position size for both. We never know what the price will do and how it will do, however, one thing is for certain the zone will either hold or fold. Well.... that's working for me so far.

Ignored

Quoting fxpider

Disliked

{quote} Well, in that case, I will slow down in posting so it does not reach page 50 soon.

Ignored

Quoting Inthebox

Disliked

{quote} 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? {image} {image}

Ignored

Quoting koken

Disliked

{quote} Let me try this: there's a second EG and EF combo, occur after the first M1 EF + EG combo you highlighted, which happen in the HTF zone, together with the price started to go sideway. {image} I tried "backtest" this chart by covering up the price on the right hand side.

Ignored