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MTF Engulf / Engulf fail

  • #2,581
  • Apr 15, 2024 1:14am Apr 15, 2024 1:14am
gold dols range
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,582
  • Apr 15, 2024 2:48am Apr 15, 2024 2:48am
There are my eyes today...
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It is early in the week so let see how price unfold but if we got there with a m5 engulf... I will scalp for my 1%.
For bigger picture maybe the asian stop raid of last week highs are not enough and will revist the levels, I do not know and I dont really care, I will see if at my playground it gaves me entries and I will play my odds
  • #2,583
  • Apr 15, 2024 3:24am Apr 15, 2024 3:24am
Quoting Inthebox
gold dols range {image}
so far since frankfurt open, there's no engulf fail for long.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,584
  • Apr 15, 2024 4:30am Apr 15, 2024 4:30am
Quoting Inthebox
{quote} so far since frankfurt open, there's no engulf fail for long. {image}
was too early to jump in.
and luckily able to cut it as small loss.
PA Return Today: na
  • #2,585
  • Apr 15, 2024 4:40am Apr 15, 2024 4:40am
Quoting LeongPuiy
{quote} was too early to jump in. and luckily able to cut it as small loss.
Why so rush?
It's only the 2nd session of the 1st day of the week, PA is ranging, NY has a lot of Red news events. Let's wait for the PA to unfold.
Success = Practice + Patience + Persistence
  • #2,586
  • Apr 15, 2024 6:00am Apr 15, 2024 6:00am
gold. we still have about 90 min before the news for the move up.
the day high is the direction we are trading towards but may not reach it.
so it's up to each discretion to TP or partial TP / BE at various resistants.
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,587
  • Apr 15, 2024 6:06am Apr 15, 2024 6:06am
Quoting witowito
There are my eyes today... {image} It is early in the week so let see how price unfold but if we got there with a m5 engulf... I will scalp for my 1%. For bigger picture maybe the asian stop raid of last week highs are not enough and will revist the levels, I do not know and I dont really care, I will see if at my playground it gaves me entries and I will play my odds
Price got there, reacted as expected so it allowed me to jump in again with tight SL.
I collected already most of it because having in mind the news ahead it is not the moment to hold(for me)... just 10% left there in case some bonus
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This would be the m5
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Done for me for the day, have a nice day ledges
  • #2,588
  • Apr 15, 2024 6:12am Apr 15, 2024 6:12am
Quoting fxpider
{quote} Why so rush? It's only the 2nd session of the 1st day of the week, PA is ranging, NY has a lot of Red news events. Let's wait for the PA to unfold.
impatient and addicted to enter market
PA Return Today: na
  • #2,589
  • Apr 15, 2024 7:18am Apr 15, 2024 7:18am
Quoting LeongPuiy
{quote} impatient and addicted to enter market
maybe this can help.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,590
  • Edited 8:30am Apr 15, 2024 8:20am | Edited 8:30am
Quoting Inthebox
{quote} so far since frankfurt open, there's no engulf fail for long. {image}
Quoting Inthebox
gold. we still have about 90 min before the news for the move up. the day high is the direction we are trading towards but may not reach it. so it's up to each discretion to TP or partial TP / BE at various resistants.
gold after news.
since previous day did not close above 11apr high
now there is also the probability that it is going down to previous day low.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,591
  • Apr 15, 2024 8:49am Apr 15, 2024 8:49am
Quoting Inthebox
{quote} {quote} gold after news. since previous day did not close above 11apr high now there is also the probability that it is going down to previous day low. {image} {image}
previous day low is the direction we are trading towards.
gold is now at a support, time to consider TP or partial TP / BE.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,592
  • Apr 15, 2024 9:14am Apr 15, 2024 9:14am
Quoting Inthebox
{quote} previous day low is the direction we are trading towards. gold is now at a support, time to consider TP or partial TP / BE. {image}
gold liquidity sweep
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,593
  • Apr 15, 2024 9:24am Apr 15, 2024 9:24am
Quoting Inthebox
{quote} gold liquidity sweep {image}
Liquidity sweep Vs run on liquidity

Please share your thoughts on how to differentiate in real-time.
Success = Practice + Patience + Persistence
  • #2,594
  • Apr 15, 2024 9:39am Apr 15, 2024 9:39am
Quoting fxpider
{quote} Liquidity sweep Vs run on liquidity Please share your thoughts on how to differentiate in real-time.
i will let him do the explanation.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,595
  • Apr 16, 2024 2:44am Apr 16, 2024 2:44am
Rinse and repeat... Price gives u daily same behavior and reaction at levels. Just take advantage

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Here the Stop run at m5...
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I know it looks like, ooh but there are few pips, u did not catch the whole move price now doing this, doing that.... I dont care I just see market as an ATM to get my 1% , remember that u have the possibility of 1:100 or even more leverage from brokers, u dont need big money, if u want big money u got also prop firm giving u their money to trade big so with 1% u can make a living. This is my advice to encourage others.


https://www.forexfactory.com/thread/...3#post14743633
  • #2,596
  • Apr 16, 2024 3:25am Apr 16, 2024 3:25am
One more example... same idea same concept same behavior so same operation, I dont want to overload the thread so I will come time to time because the main idea is the same and was already explained by In the Box.

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This how m1 loks at level

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  • #2,597
  • Apr 16, 2024 8:03am Apr 16, 2024 8:03am
dow.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,598
  • Edited 6:50am Apr 17, 2024 6:31am | Edited 6:50am
If we got there and nice price reaction then You know my plan for 1% ATM service

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GU also have an interesting area if US drop prices
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  • #2,599
  • Apr 18, 2024 2:08am Apr 18, 2024 2:08am
My trade of the day. My 1% (risked 0.5%)

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Reasson behind scalp:

m15
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m1 trigger

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Any doubts just ask or DM me.

Have a nice day.
  • #2,600
  • Apr 18, 2024 3:26am Apr 18, 2024 3:26am
Quoting Inthebox
dow. {image}
so far many pairs have been in the range these 2 days.
dow h1 was not able to above fib 50 and volume gap.
direction dol.
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ITB - Seeing Orderliness amongst 'Randomness'
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