MTF Engulf / Engulf fail

Quoting Inthebox

Disliked

{quote} up to your own experience. so long as you are comfortable taking the higher risk. i do not advocate counter trend trades for those still learning. they are for experienced traders. see that? trend trading vs counter trend. {image}

Ignored

Quoting Inthebox

Disliked

{quote} further to the weekend analysis, if everyone has no ambiguity on the htf direction, wouldn't everyone be trading in the same direction? unless one is scared off by last week bearish candle close and has no confidence in the method. but we are trading rule based as per post 1. why should we differ in the htf direction? or do we lack patience in matching the lower time frames alignment? if one managed to catch the up move in the asia session, then this is all that is needed for the day. {image} {image} {image}

Ignored

Quoting Inthebox

Disliked

{quote} up to your own experience. so long as you are comfortable taking the higher risk. i do not advocate counter trend trades for those still learning. they are for experienced traders. see that? trend trading vs counter trend. {image}

Ignored

Quoting aahmad29

Disliked

{quote} If I am following trend then entry and exit on same timeframe is ok or I have to select smaller TF for exit. On this chart H4 chart there is bullish eg and candle close at 2338. Next bearish eg zone in H4 is at 2354. This long trade is valid per your rules? {image}

Ignored

Quoting Inthebox

Disliked

{quote} further to the weekend analysis, if everyone has no ambiguity on the htf direction, wouldn't everyone be trading in the same direction? unless one is scared off by last week bearish candle close and has no confidence in the method. but we are trading rule based as per post 1. why should we differ in the htf direction? or do we lack patience in matching the lower time frames alignment? if one managed to catch the up move in the asia session, then this is all that is needed for the day. {image} {image} {image}

Ignored

Quoting Inthebox

Disliked

{quote} further examples of engulf retest and engulf without retest. the later case normally happens during news. in normal trading, one has the option to split entries, one for engulf retest, the other without. {image} {image} {image}

Ignored

Quoting Inthebox

Disliked

{quote} entry on h4? first draw and show your chart the proper htf engulfs. W1 D1 H4. not lines. decide whether or not to wait for pullback. then show your entry.

Ignored

Quoting aahmad29

Disliked

{quote} If I am following trend then entry and exit on same timeframe is ok or I have to select smaller TF for exit. On this chart H4 chart there is bullish eg and candle close at 2338. Next bearish eg zone in H4 is at 2354. This long trade is valid per your rules? {image}

Ignored

Quoting aahmad29

Disliked

{quote} W1 and H4 are aligning for bullish direction but D1 is still bearish. I still took trade based on W1 and H4 {image} {image}

Ignored

Quoting Inthebox

Disliked

{quote} gold long result during asia session. {image}

Ignored

Quoting aahmad29

Disliked

{quote} I took long trade based on W1 and H4. Hit target {image}

Ignored

Quoting Inthebox

Disliked

{quote} continuation of long results. h1 eg to eg. so far the range from asia low till now is about 245 pips. {image}

Ignored

Quoting Inthebox

Disliked

China Sells $48,900,000,000 in US Treasuries in One Quarter https://dailyhodl.com/2024/05/19/chi...new-trade-war/

Ignored

Quoting nunez1

Disliked

{quote} Hi inthebox, hope you remember me any chance you could show examples of any currency I am in the usa and cant trade metals I have watched all the videos already but is always good to see examples by the way I'm a day trader Thank you never mind I see a lot of examples on the first pages

Ignored

Quoting Inthebox

Disliked

{quote} usdcad today short. bearish engulfs w1 d1 h4 h1 alignment with entries (arrows) {image} {image}

Ignored

Quoting Inthebox

Disliked

{quote} my view. 2 long opportunities. h4 eg to eg. {image}

Ignored