MTF Engulf / Engulf fail

Quoting Inthebox

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what's there to be afraid of m1? if one is frantic on this time frame, you can mark off every potential engulf fail and note the trend line. only when price closes above both, use one of the 3 entry techniques that i had mention before or whatever you are used to. they will keep you out of FOMO most of the time. {image} {image}

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Quoting Inthebox

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what's there to be afraid of m1? if one is frantic on this time frame, you can mark off every potential engulf fail and note the trend line. only when price closes above both, use one of the 3 entry techniques that i had mention before or whatever you are used to. they will keep you out of FOMO most of the time. {image} {image}

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Quoting fxpider

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{quote} And, what about the timing? is this a good time to execute a trade?

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Quoting huskyboy

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price is heading into an h4 beeg; looking for signs to short?

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Quoting Inthebox

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form a story line. recognise pattern and what is happening. consolidation getting higher. {image}

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Quoting Inthebox

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what happens after htf target is achieved? consolidation. waiting for a discount market on this upward movement. {image}

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Quoting Inthebox

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{quote} since asia session. just follow the htf direction. your job is to find out where is the daily turning point. if you cannot give a narrative or story line at which price level to identify and what small time frames price action is doing there then the consequence is missing the entries. {image}

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