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MTF Engulf / Engulf fail

  • #2,341
  • Mar 11, 2024 5:21am Mar 11, 2024 5:21am
Quoting poap
NAS100 4h/5m alignment I saw engulf on the 5m right after I entered the trade, but still in 4h BUEG so I really don't know if I should reduce TP to there or still go for my initial plan of this trade {image} {image}
got in same trade but on Dax
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  • #2,342
  • Mar 11, 2024 7:22am Mar 11, 2024 7:22am
implementing what we discussed here:
GU 4h/30m/5m entry

XAUUSD 4h/30m/5m entry and SL to B/E within 1 minute right at where 5m BEEG
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profiting on actionable patterns
  • #2,343
  • Mar 11, 2024 7:39am Mar 11, 2024 7:39am
Quoting Inthebox
see what is happening now. {image}
london session ga buy 2% TP.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,344
  • Mar 11, 2024 7:59am Mar 11, 2024 7:59am
[quote=Inthebox;14789604]{quote} session de Londres ga acheter 2 % TP. {image}[/citation]

would usdjpy have been a good entry?

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  • #2,345
  • Mar 11, 2024 8:28am Mar 11, 2024 8:28am
[quote=thomi;14789651]
Quoting Inthebox
{quote} session de Londres ga acheter 2 % TP. {image}[/citation] would usdjpy have been a good entry? {image}
the direction time frames are in conflict. d1 h4.
the 2 circled areas were the best places to trade.
you were buying into a resistant zone.
i think there is possibility going down to london low before bouncing up.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,346
  • Mar 11, 2024 8:35am Mar 11, 2024 8:35am
the 3 us stock indices are acting funny.
each having their own mind.
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,347
  • Mar 11, 2024 12:57pm Mar 11, 2024 12:57pm
[quote=Inthebox;14789698][quote=thomi;14789651]{quote} les délais de direction sont en conflit. d1 h4. les 2 zones encerclées étaient les meilleurs endroits pour faire du commerce. vous achetiez dans une zone résistante. Je pense qu'il est possible de descendre jusqu'au plus bas de Londres avant de rebondir. {image}[/citation]

OK thanks for your answer. You look at all pairs to find setups or just certain
  • #2,348
  • Mar 11, 2024 2:05pm Mar 11, 2024 2:05pm
lower timeframes m5/m15/m30 aligned with h4
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  • #2,349
  • Mar 11, 2024 3:55pm Mar 11, 2024 3:55pm
Quoting Inthebox
the 3 us stock indices are acting funny. each having their own mind.
eventually they somehow synced,
only us500 had an easy to spot textbook setup
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profiting on actionable patterns
  • #2,350
  • Mar 11, 2024 9:19pm Mar 11, 2024 9:19pm
[quote=thomi;14790147][quote=Inthebox;14789698]
Quoting thomi
{quote} les délais de direction sont en conflit. d1 h4. les 2 zones encerclées étaient les meilleurs endroits pour faire du commerce. vous achetiez dans une zone résistante. Je pense qu'il est possible de descendre jusqu'au plus bas de Londres avant de rebondir. {image}[/citation] OK thanks for your answer. You look at all pairs to find setups or just certain
https://www.forexfactory.com/thread/...8#post14786298
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,351
  • Mar 11, 2024 9:24pm Mar 11, 2024 9:24pm
yesterday was monday with no red news.
a day for scalping.
see whether usd will bounce or not.
not a good time to trade gold, ranging.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,352
  • Mar 11, 2024 9:51pm Mar 11, 2024 9:51pm
missed it.
asia session uj 70 plus pips move.
see any chance for pullback.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,353
  • Mar 12, 2024 12:31am Mar 12, 2024 12:31am
what most traders are doing.
trading large position size on C and D trades
instead of trading large position size on A trades, which may only come once or twice a week.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,354
  • Mar 12, 2024 2:22am Mar 12, 2024 2:22am
AU: Strong sell zone @ market open. Will it hold?

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Success = Practice + Patience + Persistence
  • #2,355
  • Mar 12, 2024 2:28am Mar 12, 2024 2:28am
GU red news trade(not taken, just observed)
4h shows direction still down,
30m had engulf and 5m align with 30m engulf.
fun stuff
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profiting on actionable patterns
  • #2,356
  • Mar 12, 2024 2:50am Mar 12, 2024 2:50am
GOLD: break of TL, break of support and BEEG.

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Success = Practice + Patience + Persistence
  • #2,357
  • Mar 12, 2024 2:57am Mar 12, 2024 2:57am
EU: Might follow GU.

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Success = Practice + Patience + Persistence
  • #2,358
  • Mar 12, 2024 3:07am Mar 12, 2024 3:07am
Quoting Inthebox
missed it. asia session uj 70 plus pips move. see any chance for pullback. {image}
uj update
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,359
  • Mar 12, 2024 3:22am Mar 12, 2024 3:22am
EU: 240/30m/5m
I've tried to trim that zone up to 1m actually because R:R was 1:1 almost
it did work, but that setup was only good to observe without taking,
I am feeling proud of myself on that
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profiting on actionable patterns
  • #2,360
  • Mar 12, 2024 3:41am Mar 12, 2024 3:41am
Quoting poap
EU: 240/30m/5m I've tried to trim that zone up to 1m actually because R:R was 1:1 almost it did work, but that setup was only good to observe without taking, I am feeling proud of myself on that {image}
clear charts, structured, nice...thats how it should look like;-)
trading is like dancing, don't think and just listen to the music!
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