MTF Engulf / Engulf fail | Page 132 | 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

  • #2,621
  • Apr 22, 2024 4:52am Apr 22, 2024 4:52am
now we see a stronger qm engulf.
if there were any long during london open, it would be up to the beeg.
if waiting for the low high to be broken, then there would be no trade taken.
new york session coming.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,622
  • Apr 22, 2024 5:17am Apr 22, 2024 5:17am
Quoting Inthebox
We always have to remain humble and stay calm, pause to think. Or else the market will humble us.. Not getting excited with our heads swollen when we win and overly disappointed when we lose. We all want short cut to trading success but not willing to put in the hard work and effort. I have already done so in this thread by cutting half of the time for you. THE TRUTH OF THE MATTER IS ....... (generally speaking, of course there are exceptions) ....... those with less than 2 years of trading experience are considered amateurs. those with less than...
yes market did humble after i get 33% profit.
it just took 2-3 days to get back and i am down about 10% currently. Pretty huge hit last week at nasdaq
PA
  • #2,623
  • Apr 22, 2024 6:54am Apr 22, 2024 6:54am
AU: NY raided both the LON High and Low. But no clear direction for me yet. There is a break of support in 15m, however, no HTF eg yet as confluence. Waiting waiting....

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Success = Practice + Patience + Persistence
  • #2,624
  • Edited 10:56pm Apr 22, 2024 10:39pm | Edited 10:56pm
Quoting Inthebox
gold bullish but seems to slow down. could not find any d1 bearish engulf to the left at current market price. i see a bullish QM but also strong resistant above. slightly favor short term bearish around orange box towards support to 17apr low range as direction. just watch frankfurt and london open for price action pattern. {image}
dow. though with slightly bearish expectation yesterday but did not expect that there was no suitable pullback to short.
it resulted a strongly bearish d1.
if the main uptrend is still strong, a day or two red candles is not a thing to be surprised at.

about yesterday new york session, if we were to apply the conservative low high break entry to the upside which did not happen,
the whole day was a non event. especially in the m15.
if the more aggressive style was applied, then would be some small profits , BE or losses.

now we are at the d1 support with engulf, i expect a pullback to the up side.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Click to Enlarge Name: screenshot.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,625
  • Apr 22, 2024 11:03pm Apr 22, 2024 11:03pm
gold. frankfurt open.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,626
  • Apr 23, 2024 5:17am Apr 23, 2024 5:17am
Quoting Inthebox
gold. frankfurt open. {image}
take a look if you free , buddy

bias is bearish but currently it bounce at daily EF RB and created swing low at daily, so i am looking for some pullback for premium lvl.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1435.jpeg Size: 961 KB
PA
  • #2,627
  • Apr 23, 2024 8:38am Apr 23, 2024 8:38am
Quoting LeongPuiy
{quote} take a look if you free , buddy bias is bearish but currently it bounce at daily EF RB and created swing low at daily, so i am looking for some pullback for premium lvl. {image}
nasdaq long during london and new york sessions.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,628
  • Apr 23, 2024 8:54am Apr 23, 2024 8:54am
Quoting Inthebox
gold. frankfurt open. {image}
gold. depending where was your SL and how risk adverse you are,
some exit with loss and some held because no obvious close below asia low.
a long during new york session would be a gain that more than offset any previous loss.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,629
  • Apr 24, 2024 7:01am Apr 24, 2024 7:01am
Quoting Inthebox
{quote} nasdaq long during london and new york sessions. {image}
nasdaq premium 50 fib.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,630
  • Apr 26, 2024 6:56am Apr 26, 2024 6:56am
gold. is it not gravitating towards london low for long?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,631
  • Apr 26, 2024 8:38am Apr 26, 2024 8:38am
market price entry has no h4 bullish engulf.
if entries in various ltf based on dol would capture around 26 pips at 50 fib for low hanging fruit.
now price is at h4 bullish engulf. what would your mapping looks like? gravitating towards london high as direction.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Click to Enlarge Name: screenshot.png Size: 14 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,632
  • Apr 26, 2024 11:33am Apr 26, 2024 11:33am
Quoting Inthebox
now price is at h4 bullish engulf. what would your mapping looks like? gravitating towards london high as direction. {image} {image}
gold long from bueg 50 fib to beeg 50 fib.
how would your ltf entry mapping like?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,633
  • Edited Apr 28, 2024 12:31am Apr 27, 2024 3:26pm | Edited Apr 28, 2024 12:31am
I have a question on gold that happened on Thursday

We had 2 H4 buy and sell zones and both gave M30 EG + EF


Which will be safer to take? Going up higher timeframe, can see that both H4 was created from a daily EF (for sells) or daily EG (for buys)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 84 KB
Click to Enlarge Name: screenshot.png Size: 35 KB
  • #2,634
  • Apr 28, 2024 4:34am Apr 28, 2024 4:34am
Quoting direction
I have a question on gold that happened on Thursday We had 2 H4 buy and sell zones and both gave M30 EG + EF Which will be safer to take? Going up higher timeframe, can see that both H4 was created from a daily EF (for sells) or daily EG (for buys) {image} {image}
w1 with 4 blue candles hh hl -> uptrend. with an inside bar.
we trade with a one track mind given the htf direction, long only so short will be ignored.
25apr gold came down to a daily bullish engulf for long during asia session.
another opportunity for long during during frankfurt open.
opportunity again for long during nyse open.

note that although gold had entered into a d1 bearish engulf, the h4 bearish engulf roadblock was not broken.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,635
  • Apr 28, 2024 8:25am Apr 28, 2024 8:25am
Quoting Inthebox
{quote} w1 with 4 blue candles hh hl -> uptrend. with an inside bar. we trade with a one track mind given the htf direction, long only so short will be ignored. 25apr gold came down to a daily bullish engulf for long during asia session. another opportunity for long during during frankfurt open. opportunity again for long during nyse open. note that although gold had entered into a d1 bearish engulf, the h4 bearish engulf roadblock was not broken. {image} {image}
ty!!
  • #2,636
  • Edited 9:46am Apr 28, 2024 9:34am | Edited 9:46am
gold w1 did not close below previous low but closed below previous open.
if the previous w1 low is broken, then it is more difficult to trade. i lean towards up direction.
htf mapping.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,637
  • Apr 28, 2024 8:36pm Apr 28, 2024 8:36pm
gold asia session
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,638
  • Apr 28, 2024 9:27pm Apr 28, 2024 9:27pm
gold result
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,639
  • Apr 28, 2024 9:38pm Apr 28, 2024 9:38pm
gold support resistant quasimodo perspective.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,640
  • Apr 28, 2024 9:55pm Apr 28, 2024 9:55pm
gold ict concept perspective.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
ITB - Seeing Orderliness amongst 'Randomness'
3 traders viewing now