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MTF Engulf / Engulf fail

  • #4,041
  • Jul 28, 2024 12:32am Jul 28, 2024 12:32am
Quoting Inthebox
now on a short holiday to neighouring country in the north.
Jealous. Must be nice to travel freely without worrying about work and money.
Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #4,042
  • Jul 28, 2024 10:44pm Jul 28, 2024 10:44pm
Quoting Inthebox
now on a short holiday to neighouring country in the north.
enjoy
  • #4,043
  • Jul 29, 2024 8:03am Jul 29, 2024 8:03am
Quoting witowito
Here is my analysis: Weekly Outlook: We are heading towards the 2188-2146 block, or potentially the area around 2080-2030. {image} Daily Perspective: The daily chart is clearly showing a major fake-out, likely designed to run the highs and catch longs, setting the stage for a significant drop. Notice how, during this 4-month range period, the price has been grinding upwards before these massive drops occur. Daily Map: This is my map for the daily chart today and the coming days. {image} H4 Analysis: On the H4 chart, there are very suspiciously clean...
Continuing with the plan... The H4 pullback is considered complete.
Now, during the US session,Price will be looking for some liquidity around the daily high levels before making a significant move to the downside.

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  • #4,044
  • Jul 29, 2024 10:42am Jul 29, 2024 10:42am
Quoting witowito
{quote} Continuing with the plan... The H4 pullback is considered complete. Now, during the US session,Price will be looking for some liquidity around the daily high levels before making a significant move to the downside. {image}
1st level was enough...
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  • #4,045
  • Jul 29, 2024 10:49pm Jul 29, 2024 10:49pm
i do not have laptop with me.
Seems retrace had been to discount and now with higher low.
Reckon going for equal high liquidity.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,046
  • Jul 29, 2024 11:47pm Jul 29, 2024 11:47pm
Quoting witowito
{quote} 1st level was enough... {image}
For me 4h forming some high and low,
ytd around 96-97 , is a short term high to get sweep later, bsl.
2403 is a long term high for me since it at daily fvg.
  • #4,047
  • Jul 30, 2024 1:03am Jul 30, 2024 1:03am
Quoting Inthebox
i do not have laptop with me. Seems retrace had been to discount and now with higher low. Reckon going for equal high liquidity.
frankfurt open
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,048
  • Jul 30, 2024 1:49am Jul 30, 2024 1:49am
Just a reminder, it's a FOMC and NFP week.

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Success = Practice + Patience + Persistence
  • #4,049
  • Jul 30, 2024 2:06am Jul 30, 2024 2:06am
Quoting witowito
{quote} 1st level was enough... {image}
Continuing with today's scenario, I will focus on these two levels.


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Thanks to FXspider for the reminder about the big data week. The price might behave tricky until those numbers are released, setting the stage for a significant move. I will trade level by level.
  • #4,050
  • Jul 30, 2024 2:11am Jul 30, 2024 2:11am
Quoting Inthebox
i do not have laptop with me. Seems retrace had been to discount and now with higher low. Reckon going for equal high liquidity.
Vacations are meant for disconnecting and truly relaxing. Take this time to unwind and recharge. The market and your thread will be waiting for you when you return. Enjoy your well-deserved break!
  • #4,051
  • Jul 30, 2024 2:30am Jul 30, 2024 2:30am
Quoting Inthebox
i do not have laptop with me. Seems retrace had been to discount and now with higher low. Reckon going for equal high liquidity.
Quoting witowito
{quote} Vacations are meant for disconnecting and truly relaxing. Take this time to unwind and recharge. The market and your thread will be waiting for you when you return. Enjoy your well-deserved break!
Vacations might be for his laptop, not for him.
Success = Practice + Patience + Persistence
  • #4,052
  • Jul 30, 2024 2:38am Jul 30, 2024 2:38am
hmmm........hey guys, i am back.
it's only for 4 days.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,053
  • Jul 30, 2024 2:48am Jul 30, 2024 2:48am
Quoting Inthebox
hmmm........hey guys, i am back. it's only for 4 days.
Welcome back
Success = Practice + Patience + Persistence
  • #4,054
  • Jul 30, 2024 3:10am Jul 30, 2024 3:10am
Hi im travelling and waiting for somę opportunity,
what do you Think od Nasdaq?
We just got liquidity grab - red linę, and nice run up with fvg,
in the middle of fvg there is egf marked with red arrow ,Consequent encroachment would appear if we will get reaction from that level, correct?
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  • #4,055
  • Jul 30, 2024 3:19am Jul 30, 2024 3:19am
Quoting Ziemowit
Hi im travelling and waiting for somę opportunity, what do you Think od Nasdaq? We just got liquidity grab - red linę, and nice run up with fvg, in the middle of fvg there is egf marked with red arrow ,Consequent encroachment would appear if we will get reaction from that level, correct? {image}
htf tells me to sell only.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,056
  • Jul 30, 2024 5:12am Jul 30, 2024 5:12am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,057
  • Jul 30, 2024 5:45am Jul 30, 2024 5:45am
How boring! For the last 4-5 hours, the market did nothing!

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Success = Practice + Patience + Persistence
  • #4,058
  • Jul 30, 2024 5:59am Jul 30, 2024 5:59am
Quoting Inthebox
{image}
frankfurt high hit.
from the above chart that i posted onward, can you see any trade set up? what time frame?
those who took advantage would be able to profit half of the 45 pips range.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,059
  • Jul 30, 2024 6:41am Jul 30, 2024 6:41am
The custom of this last period is: - asia good movement - London to sleep - NY good movement. Instead of Asia Range we should speak of London Range
  • #4,060
  • Jul 30, 2024 7:02am Jul 30, 2024 7:02am
Quoting Inthebox
{quote} frankfurt high hit. from the above chart that i posted onward, can you see any trade set up? what time frame? those who took advantage would be able to profit half of the 45 pips range. {image}
kind of displacement for now.
Market switching?
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