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MTF Engulf / Engulf fail

  • #3,641
  • Jul 12, 2024 9:31pm Jul 12, 2024 9:31pm
why are you doing this?
how serious is your approach?
are you the one in the way?

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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,642
  • Jul 13, 2024 3:40am Jul 13, 2024 3:40am
Quoting Inthebox
{quote} this one ok. only with a little bit of malay. https://www.youtube.com/watch?v=TPpA...x&index=5&t=6s
@inthebox
is your voice in the video?
  • #3,643
  • Jul 13, 2024 9:20am Jul 13, 2024 9:20am
Quoting Merka
{quote} @inthebox is your voice in the video?
no. i am not mel.

direction ---> cmp confirmation
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,644
  • Jul 13, 2024 1:12pm Jul 13, 2024 1:12pm
coming week simple analysis.
don't you think that with the hhhl gold is gravitating to the month high?
it took the liquidity pool but bounced up again.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,645
  • Jul 13, 2024 6:28pm Jul 13, 2024 6:28pm
Quoting Inthebox
coming week simple analysis. don't you think that with the hhhl gold is gravitating to the month high? it took the liquidity pool but bounced up again. {image}
I wish I could tell where price is gravitating and predict the price like you do. I have no idea what the hell this price wants to do. If i buy, price goes down. If i sell, price goes up. If I do nothing, then I am missing out on some "to the moon" move. I better just wait for engulf in lower timeframe and hope that I got my direction and confirmation right.
Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #3,646
  • Jul 13, 2024 7:37pm Jul 13, 2024 7:37pm
Quoting melord
{quote} I wish I could tell where price is gravitating and predict the price like you do. I have no idea what the hell this price wants to do. If i buy, price goes down. If i sell, price goes up. If I do nothing, then I am missing out on some "to the moon" move. I better just wait for engulf in lower timeframe and hope that I got my direction and confirmation right.
if your eyes like to remain on lower time frame, also can.
just work backward. have yourself a check list.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,647
  • Jul 13, 2024 8:02pm Jul 13, 2024 8:02pm
previously h1 as htf eg / ef support can also become ltf entry.
it is all fractals.
h1 as ltf entry. if one looks hard enough.
always supported by htf eg / ef.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,648
  • Jul 13, 2024 8:10pm Jul 13, 2024 8:10pm
3 pillars of trading.
discipline, patience, consistency.

one pillar can fall any time.
two pillars stronger but still shaky.
three pillars minimum as tripod. still may topple occasionally when strong wind blows.

lay a strong foundation as soon as possible. do not have one on sinking sand.
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,649
  • Jul 13, 2024 9:08pm Jul 13, 2024 9:08pm
Quoting Inthebox
{quote} if your eyes like to remain on lower time frame, also can. just work backward. have yourself a check list. {image} {image}
Thank you. This is exactly how I want to trade forever. You always pick the right levels though. Me, I get scammed by the same ol move that always happens. For illustration here is the picture of one move that scams me all the time. This happens all the time in every instrument. How can i beat this trap?
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Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #3,650
  • Jul 14, 2024 5:24am Jul 14, 2024 5:24am
Quoting melord
{quote} Thank you. This is exactly how I want to trade forever. You always pick the right levels though. Me, I get scammed by the same ol move that always happens. For illustration here is the picture of one move that scams me all the time. This happens all the time in every instrument. How can i beat this trap?{image}
it is all about timing, the time you choose to trade.

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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,651
  • Jul 14, 2024 1:02pm Jul 14, 2024 1:02pm
Quoting Inthebox
{quote} it is all about timing, the time you choose to trade. {image} {image} {image} {image} {image}
I didn't know this ny open, london open, asia open timing were so important. I shall keep that in mind. Thanks.
1. Find eg/ef in 15/30 min--> 2.Check if aligned with higher timeframe 4hr, D eg/ef --> 3. Make sure time is around Ny open. This is all i am gonna do for next 20 trades and then evaluate the results.
Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #3,652
  • Jul 14, 2024 7:54pm Jul 14, 2024 7:54pm
asia open.
gold. watch watch watch.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,653
  • Jul 14, 2024 8:21pm Jul 14, 2024 8:21pm
patiently wait for candle to close above eg.
if no set up. just move on.
however, behind it all, there is always a reason.
that htf is supporting the upward move.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,654
  • Jul 14, 2024 8:35pm Jul 14, 2024 8:35pm
Quoting Inthebox
{quote} it is all about timing, the time you choose to trade. {image} {image} {image} {image} {image}
This post is

Please link it to the 1st post.
Success = Practice + Patience + Persistence
  • #3,655
  • Jul 14, 2024 8:42pm Jul 14, 2024 8:42pm
Quoting fxpider
{quote} This post is Please link it to the 1st post.
done
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,656
  • Jul 14, 2024 9:01pm Jul 14, 2024 9:01pm
Quoting melord
{quote} ............... 1. Find eg/ef in 15/30 min--> 2.Check if aligned with higher timeframe 4hr, D eg/ef --> 3. Make sure time is around Ny open. ........
That's LEVEL, TIME, and PA: you have covered the three main aspects of a trading system.

However, pay attention to the sequence

  1. HTF zone (Level): get ready b4 the market opens.
  2. TIME: Market OPEN is critical also the news event and the first 90 minutes from the OPEN.
  3. Price Action: LTF EG/EF.

I am looking forward to seeing your forward testing result.

Success = Practice + Patience + Persistence
  • #3,657
  • Jul 14, 2024 9:14pm Jul 14, 2024 9:14pm
Quoting Inthebox
patiently wait for candle to close above eg. if no set up. just move on. however, behind it all, there is always a reason. that htf is supporting the upward move. {image} {image}
gold update.
always there if there is set up if you have the patience to wait for it.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,658
  • Jul 14, 2024 9:34pm Jul 14, 2024 9:34pm
fxpider
any experience/comments between Australian brokers IC Markets, Pepperstone and GoMarkets?
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,659
  • Jul 14, 2024 9:52pm Jul 14, 2024 9:52pm
Quoting Inthebox
fxpider any experience/comments between Australian brokers IC Markets, Pepperstone and GoMarkets?
Hi ITB, I have been with Pepperstone for 6+ years and no problems.
I have Razor account
Your trade order needs to be in the right place at the right time.
  • #3,660
  • Jul 14, 2024 9:57pm Jul 14, 2024 9:57pm
ASX 200 having a good time down under.
https://www.marketindex.com.au/news/...d-lows-week-28

what about audusd. gap needs to be filled.
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ITB - Seeing Orderliness amongst 'Randomness'
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