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MTF Engulf / Engulf fail

  • #1,641
  • Jan 29, 2024 12:14am Jan 29, 2024 12:14am
Quoting birdland
my h4&m30 for GU {image}
frankfurt coming.
there is a qm. however it will go into the h4 eg sell.
don't think will be an easy one.
but ok for 20 pips.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,642
  • Jan 29, 2024 12:30am Jan 29, 2024 12:30am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,643
  • Jan 29, 2024 12:57am Jan 29, 2024 12:57am
Quoting Inthebox
{quote} i watched the last video 3 times. many times stop and replay to hear what he was saying. 10 hours spent but worth it. it's a breakthrough. i may be doing it one more time.
to me after watching all this videos i got more confused maybe mapping on live market will clear the doubts or maybe not every situation is a setup as he also mentioned, i see fxspider has the same haha
  • #1,644
  • Jan 29, 2024 1:16am Jan 29, 2024 1:16am
Quoting Ziemowit
{quote} to me after watching all this videos i got more confused maybe mapping on live market will clear the doubts or maybe not every situation is a setup as he also mentioned, i see fxspider has the same haha
trading requires patience.
learning too.
each time you watch again you will understand 20% better.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,645
  • Jan 29, 2024 1:25am Jan 29, 2024 1:25am
Quoting Inthebox
{quote} i see. my view. {image} {image}
update
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,646
  • Jan 29, 2024 1:41am Jan 29, 2024 1:41am
Quoting Ziemowit
{quote} to me after watching all this videos i got more confused maybe mapping on live market will clear the doubts or maybe not every situation is a setup as he also mentioned, i see fxspider has the same haha
do you understand my mapping today?
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,647
  • Jan 29, 2024 1:53am Jan 29, 2024 1:53am
everyone should do a htf mapping for direction and post.
h4 is the lowest time frame to use. or have a w1 d1 h4 combo.
we should not differ too much from each other for higher time frame.

please do not post lower time frames than h4.
i am not interested with only showing ltf charts.
each can then apply their own ltf entries.
our entry time frames h1 to m1 will differ from each other but not higher time frames direction.
because each will have their own preference time frames for entry.

get the direction right first.
only till then you post with the ltf with reference to the htf charts.
it will be fun to watch how much traders will differ from each other.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,648
  • Jan 29, 2024 2:05am Jan 29, 2024 2:05am
Quoting Inthebox
{image}
update.
back to ef buy
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,649
  • Jan 29, 2024 2:26am Jan 29, 2024 2:26am
Okey let me try ur concepts... I got attracted and I think it will help me to develope my trading so just mapping some zones and ideas

H4
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H1 just for monitoring

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  • #1,650
  • Jan 29, 2024 2:41am Jan 29, 2024 2:41am
Quoting Inthebox
{quote} do you understand my mapping today?
Very clear. Could you please link the post #1639 and # 1645 to the post #1?
Success = Practice + Patience + Persistence
  • #1,651
  • Jan 29, 2024 3:20am Jan 29, 2024 3:20am
Quoting witowito
Okey let me try ur concepts... I got attracted and I think it will help me to develope my trading so just mapping some zones and ideas H4{image} H1 just for monitoring {image}
if trading intraday, concentrate on current market price, the vicinity around it.
there were no d1 eg for the past 9 days.
so find h4 eg around cmp.
normally 2 will do. one above. one below cmp.
at times needing 1 or 2 more.
there is one w1 ef buy, but a big zone, so not showing.

you can see the 2 opposing h4 engulf zones which will be difficult to trade.
if i want A+ set up, i would not be interested there.
imagine with additional ltf egulfs, it will be a mess.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,652
  • Jan 29, 2024 3:34am Jan 29, 2024 3:34am
Quoting fxpider
{quote} Very clear. Could you please link the post #1639 and # 1645 to the post #1?
done.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,653
  • Jan 29, 2024 4:33am Jan 29, 2024 4:33am
Quoting Inthebox
{quote} if trading intraday, concentrate on current market price, the vicinity around it. there were no d1 eg for the past 9 days. so find h4 eg around cmp. normally 2 will do. one above. one below cmp. at times needing 1 or 2 more. there is one w1 ef buy, but a big zone, so not showing. you can see the 2 opposing h4 engulf zones which will be difficult to trade. if i want A+ set up, i would not be interested there. imagine with additional ltf egulfs, it will be a mess. {image}
Thanks for the explanation.
Some how I am looking to include the main concept of this idea with my normal trading so far in order to increase the odds and the ratio per trade.

I will keep u update
  • #1,654
  • Jan 29, 2024 4:39am Jan 29, 2024 4:39am
What is your preferred TF for the following? and why?

  1. FE and TC
  2. CE

Success = Practice + Patience + Persistence
  • #1,655
  • Edited 5:08am Jan 29, 2024 4:49am | Edited 5:08am
Quoting fxpider
What is your preferred TF for the following? and why? FE and TC CE
oh dear. is it the following?
i did not do physical exercise for a week already, so affecting the head.
fail engulf?
trade control?
CE?
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,656
  • Jan 29, 2024 5:13am Jan 29, 2024 5:13am
Anything is possible
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Your trade order needs to be in the right place at the right time.
  • #1,657
  • Jan 29, 2024 5:39am Jan 29, 2024 5:39am
guys do something.
always find opportunities to apply what you had learnt.
draw your mapping of the au trade.
what would yours look like?
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,658
  • Jan 29, 2024 5:59am Jan 29, 2024 5:59am
Quoting Inthebox
guys do something. always find opportunities to apply what you had learnt. draw your mapping of the au trade. what would yours look like?
Au is an absolute mess, long consolidation 12 days, I will wait for break-out and make a decision.
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  • #1,659
  • Jan 29, 2024 6:11am Jan 29, 2024 6:11am
Quoting JohanMarais
{quote} Au is an absolute mess, long consolidation 12 days, I will wait for break-out and make a decision. {image}
if i understand correctly, you are a swing trader.
for intraday traders only the circled area would be relevant for today.
what would your ltf look like?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #1,660
  • Jan 29, 2024 6:11am Jan 29, 2024 6:11am
Quoting Inthebox
{quote} oh dear. is it the following? i did not do physical exercise for a week already, so affecting the head. fail engulf? trade control? CE?


FE : first entry
TC: trade control
CE: confirmation entry
Success = Practice + Patience + Persistence
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