MTF Engulf / Engulf fail | Page 78 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Engulf Bar Trading Journal 19 replies

MPE - Momentum, Pullback, Engulf 33 replies

Trade management - moving stops to BE+ after opposing engulf 2 replies

Engulf Alert Indicator 1 reply

MTF Stochastics into MTF Stoch Histogram 8 replies

Attachments: MTF Engulf / Engulf fail
Exit Attachments

MTF Engulf / Engulf fail

  • #1,541
  • Jan 26, 2024 1:05am Jan 26, 2024 1:05am
Quoting birdland
{image}
i think going for yesterday low.
gu was tough for the last 5 weeks. candles with small bodies.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,542
  • Jan 26, 2024 1:06am Jan 26, 2024 1:06am
i feel very comfortable at the moment, your engulfing zones are very helpful in my daily trading with GU.

i pull the zones down from h4 to m30 at the beginning of the day and then i look at m15 and m5.

i combine this with my existing system and thus have even more security when entering and exiting.

as ITB said, it's essential to draw in the zones again and again and practise until your eye for the patterns is sharpened. it pays off;-)
trading is like dancing, don't think and just listen to the music!
  • #1,543
  • Jan 26, 2024 1:27am Jan 26, 2024 1:27am
Quoting birdland
i feel very comfortable at the moment, your engulfing zones are very helpful in my daily trading with GU. i pull the zones down from h4 to m30 at the beginning of the day and then i look at m15 and m5. i combine this with my existing system and thus have even more security when entering and exiting. as ITB said, it's essential to draw in the zones again and again and practise until your eye for the patterns is sharpened. it pays off;-)

right.. i have bought many courses with same strategy (Eg/EF) but as its a video course and not mentoring i just watched videos but Didn't mark zones and straight went to entry, thats why i lost few thousands.

now i deceived, i will mark zone and i use this forum as my learning place, will post everything.
thanks ITB
  • #1,544
  • Jan 26, 2024 1:36am Jan 26, 2024 1:36am
Quoting BDfx77
{quote} right.. i have bought many courses with same strategy (Eg/EF) but as its a video course and not mentoring i just watched videos but Didn't mark zones and straight went to entry, thats why i lost few thousands. now i deceived, i will mark zone and i use this forum as my learning place, will post everything. thanks ITB
how many hours did you spent watching the videos?
would you be willing to pay for this one? just one video 80 min.
however i don't think one won't be able to grasp the subject matter if watch once and forget.
https://www.forexfactory.com/thread/...5#post14710795
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,545
  • Jan 26, 2024 1:45am Jan 26, 2024 1:45am
Quoting Inthebox
{quote} how many hours did you spent watching the videos? would you be willing to pay for this one? just one video 80 min. however i don't think one won't be able to grasp the subject matter if watch once and forget. https://www.forexfactory.com/thread/...5#post14710795
i watched this videos many times, i have his latest paid course as well just need to sharp my eyes to find zones
  • #1,546
  • Jan 26, 2024 1:57am Jan 26, 2024 1:57am
Quoting BDfx77
{quote} i watched this videos many times, i have his latest paid course as well just need to sharp my eyes to find zones
you paid? wow.
8 videos here.
https://www.youtube.com/@nazarcakir/...=king%20zulfan
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,547
  • Jan 26, 2024 2:04am Jan 26, 2024 2:04am
try drawing the zones live exercise for dax.
will be difficult as it has been ranging for 7 weeks already.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,548
  • Jan 26, 2024 2:27am Jan 26, 2024 2:27am
Quoting Inthebox
try drawing the zones live exercise for dax. will be difficult as it has been ranging for 7 weeks already.
which one is dax?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-01-26-08-26-43-869_com.tradingview.tradingviewapp.jpg Size: 584 KB
  • #1,549
  • Jan 26, 2024 2:41am Jan 26, 2024 2:41am
Quoting BDfx77
{quote} which one is dax? {image}
i think 1st one.
check the price.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: < 1 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,550
  • Jan 26, 2024 2:50am Jan 26, 2024 2:50am
look at GA and EA.
Success = Practice + Patience + Persistence
  • #1,551
  • Jan 26, 2024 2:57am Jan 26, 2024 2:57am
Quoting Inthebox
try drawing the zones live exercise for dax. will be difficult as it has been ranging for 7 weeks already.
this is what i am looking at, entry on the arrow

Attached Image (click to enlarge)
Click to Enlarge Name: dax 2601.png Size: 25 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dax 2601 2.png Size: 24 KB
  • #1,552
  • Edited 3:20am Jan 26, 2024 3:04am | Edited 3:20am
Selling GU now 1.27065 based on this topic rules.
M15 eg to ef. Confirmation on M1.

Edit.
M1 QM setup
We cut the winners short and let the losers run.
  • #1,553
  • Jan 26, 2024 3:10am Jan 26, 2024 3:10am
Quoting birdland
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 25 KB
trading is like dancing, don't think and just listen to the music!
  • #1,554
  • Jan 26, 2024 3:14am Jan 26, 2024 3:14am
always my problem on tp.
guide me for tp plz..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-01-26-09-12-59-576_net.metaquotes.metatrader5~2.jpg Size: 291 KB
  • #1,555
  • Jan 26, 2024 3:18am Jan 26, 2024 3:18am
Quoting BDfx77
always my problem on tp. guide me for tp plz.. {image}
Bro, what's your favorite dish?
Success = Practice + Patience + Persistence
  • #1,556
  • Jan 26, 2024 3:28am Jan 26, 2024 3:28am
parata with mutton curry
  • #1,557
  • Jan 26, 2024 3:34am Jan 26, 2024 3:34am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
  • #1,558
  • Jan 26, 2024 3:40am Jan 26, 2024 3:40am
Quoting BDfx77
parata with mutton curry
Gr8. Now, when you go to your favorite place to eat that dish, do you order all the portions that the place has? or just enough for you?

TP is also like that, should be just enough for you. Catching a move all the way through is never possible. Define a pip target per trade or day depending on the ADR % of the pair and session. The nearest S/R on your entry TF will get precedence though.

Also, you can try trailing the stop while trading with the trend, however, if against the trend, safer to get whatever you get in the first thrust.

Just my opinions.
Success = Practice + Patience + Persistence
  • #1,559
  • Jan 26, 2024 3:41am Jan 26, 2024 3:41am
Quoting BDfx77
always my problem on tp. guide me for tp plz.. {image}
partial on road block. or fib 50 of the up move.
the balance is up to you.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 53 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,560
  • Jan 26, 2024 3:49am Jan 26, 2024 3:49am
Gold: foud support, take care about shorting.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB
Success = Practice + Patience + Persistence
5 traders viewing now