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MTF Engulf / Engulf fail

  • #2,921
  • May 21, 2024 12:36pm May 21, 2024 12:36pm
H1 zones for now and engulfing candle will open position with target of opposite EG zone
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Love for all; Hatred for none.
  • #2,922
  • May 21, 2024 1:05pm May 21, 2024 1:05pm
Quoting Inthebox
{quote} gold sell result {image}
ITB, sorry, but I think it's the first time during your thread I didn't understand why it was sell I was sure it was long pos.
Please, could you illustrate this trade a little bit detailed? Thank you very much for your ideas!
Just an opinion. Based on research
  • #2,923
  • May 21, 2024 1:21pm May 21, 2024 1:21pm
Quoting aahmad29
H1 zones for now and engulfing candle will open position with target of opposite EG zone {image}
The red zone is an engulf sell zone right? Did you draw it from a red or green candle? Cos on my chart that's a red candle
  • #2,924
  • May 21, 2024 1:41pm May 21, 2024 1:41pm
Quoting Judecharly
{quote} The red zone is an engulf sell zone right? Did you draw it from a red or green candle? Cos on my chart that's a red candle
It is Doji engulfed by red candle. That’s why it is Sell zone.
Love for all; Hatred for none.
  • #2,925
  • May 21, 2024 1:44pm May 21, 2024 1:44pm
Red and green are H1 sell and buy zone respectively. Purple and blue are M15 sell and buy zone respectively
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Love for all; Hatred for none.
  • #2,926
  • May 21, 2024 1:54pm May 21, 2024 1:54pm
Quoting aahmad29
Red and green are H1 sell and buy zone respectively. Purple and blue are M15 sell and buy zone respectively {image}
So you are looking to buy from blue to purple right?
  • #2,927
  • May 21, 2024 7:15pm May 21, 2024 7:15pm
Quoting since80808
{quote} ITB, sorry, but I think it's the first time during your thread I didn't understand why it was sell I was sure it was long pos. Please, could you illustrate this trade a little bit detailed? Thank you very much for your ideas!
the h4 m30 m5 engulfs combo sell in same direction around month high and premium market.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,928
  • May 21, 2024 7:35pm May 21, 2024 7:35pm
Quoting Judecharly
{quote} So you are looking to buy from blue to purple right?
h4 m30 combo trades.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,929
  • May 21, 2024 7:57pm May 21, 2024 7:57pm
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,930
  • May 21, 2024 8:33pm May 21, 2024 8:33pm
Quoting Judecharly
{quote} So you are looking to buy from blue to purple right?
No , green to purple. According to post 1 , you need to map higher to lower TF. Bullish engulfing candle is requirement of entry.
Love for all; Hatred for none.
  • #2,931
  • May 21, 2024 8:38pm May 21, 2024 8:38pm
Quoting Inthebox
{image}
price dropped to week high. what's the reaction there and the lower m30 eg sell?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,932
  • May 21, 2024 9:06pm May 21, 2024 9:06pm
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,933
  • May 21, 2024 11:05pm May 21, 2024 11:05pm
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,934
  • May 22, 2024 12:34am May 22, 2024 12:34am
Possible scenario for today trades? What do u think boss?


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  • #2,935
  • May 22, 2024 12:54am May 22, 2024 12:54am
aiming in direction of dol.
https://www.forexfactory.com/thread/...9#post14875179
however the pullback is tricky. maybe the premium portion of asia range depending on ny open.
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,936
  • May 22, 2024 1:35am May 22, 2024 1:35am
not quite from the asia premium drop, but from the week high.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,937
  • Edited 2:04am May 22, 2024 1:41am | Edited 2:04am
Quoting Inthebox
not quite from the asia premium drop, but from the week high. {image}
Thanks for the clarification. unfortunately, I can't put my finger up yet)
We also managed to sell yesterday
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  • #2,938
  • May 22, 2024 1:58am May 22, 2024 1:58am
i see 2 areas of consolidation.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #2,939
  • May 22, 2024 2:29am May 22, 2024 2:29am
Quoting Inthebox
i see 2 areas of consolidation. {image}
Just possible scenario that seems reasonable for me based on PA.
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  • #2,940
  • May 22, 2024 2:30am May 22, 2024 2:30am
Are not these D1 eg and H4 eg (as for now) showing us bullish bias?
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Just an opinion. Based on research
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