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MTF Engulf / Engulf fail

  • #4,601
  • Sep 11, 2024 1:03am Sep 11, 2024 1:03am
Quoting Inthebox
{quote} TP is the same as SL. Options of mtf swing highs and fvgs. the easiest target is the nearest target. one will be facing more risk the longer one stays in the market. {image}
hitting the asia high and a day high.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,602
  • Sep 11, 2024 1:41am Sep 11, 2024 1:41am
Quoting Inthebox
{quote} hitting the asia high and a day high. {image} {image}
hitting another day high and going for the week high.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,603
  • Sep 11, 2024 1:54am Sep 11, 2024 1:54am
This week wrong analysis.
it go for equal high first
PA Return Today: 0.3%
  • #4,604
  • Sep 11, 2024 1:56am Sep 11, 2024 1:56am
Quoting Inthebox
{quote} yes. i think it is targeting the sell side liquidity. {image}
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,605
  • Sep 11, 2024 2:31am Sep 11, 2024 2:31am
Quoting LeongPuiy
This week wrong analysis. it go for equal high first
we have the weekly upper and lower targets.
the target has to be confirmed by the intra day movement price action.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,606
  • Edited 2:54am Sep 11, 2024 2:44am | Edited 2:54am
previously i talked about the week Open and the weekly Power of 3.
coupled with htf direction. monthly up, weekly hesitated with 2 small red candles and did not close below previous low.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,607
  • Sep 11, 2024 3:04am Sep 11, 2024 3:04am
fxpider
i am a bit confused. is price rebalanced same as balanced price bar?
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,608
  • Sep 11, 2024 3:32am Sep 11, 2024 3:32am
Quoting Inthebox
fxpider i am a bit confused. is price rebalanced same as balanced price bar?
ok. saw this.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,609
  • Sep 11, 2024 3:37am Sep 11, 2024 3:37am
Quoting Inthebox
{quote} we have the weekly upper and lower targets. the target has to be confirmed by the intra day movement price action.
i guess the high or low +/ - 1-10 pips consider as it sweep.
i stubborn it still 6-7 pips for almost hit that weekly low then shorting at this 2 days.
Gave back almost all last week profit.
PA Return Today: 0.3%
  • #4,610
  • Sep 11, 2024 4:30am Sep 11, 2024 4:30am
Quoting Inthebox
fxpider i am a bit confused. is price rebalanced same as balanced price bar?
IMO,

BPR = FVG in + FVG out
Rebalance = Mitigation of FVG.

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CREDIT to Pat Chiko
Success = Practice + Patience + Persistence
  • #4,611
  • Sep 11, 2024 5:37am Sep 11, 2024 5:37am
rebalancing observation
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,612
  • Sep 11, 2024 5:45am Sep 11, 2024 5:45am
Quoting Inthebox
rebalancing observation {image}
Is the ship turning?

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Success = Practice + Patience + Persistence
  • #4,613
  • Sep 11, 2024 5:53am Sep 11, 2024 5:53am
Quoting fxpider
{quote} Is the ship turning? {image}
it is hard to tell with the CPI coming.
as of now i reckon that there are still unfinished business above.
90 min more to observe.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,614
  • Sep 11, 2024 8:00am Sep 11, 2024 8:00am
Quoting fxpider
{quote} Is the ship turning? {image}
Luckily, the LTF FVG held strong and the ship turned. It's time to fold the fishing net.

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Success = Practice + Patience + Persistence
  • #4,615
  • Sep 11, 2024 8:02am Sep 11, 2024 8:02am
i am watching whether there is an immediate rebalance
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,616
  • Sep 11, 2024 8:07am Sep 11, 2024 8:07am
Quoting Inthebox
i am watching whether there is an immediate rebalance {image}
Didn't it get mitigated already by the wick?
Success = Practice + Patience + Persistence
  • #4,617
  • Sep 11, 2024 8:27am Sep 11, 2024 8:27am
I have not understand also after to see the above video what is rebalance
could someone explain to me?
thanks
  • #4,618
  • Sep 11, 2024 8:35am Sep 11, 2024 8:35am
Quoting fxpider
{quote} Didn't it get mitigated already by the wick?
switch to m30, there's a fvg not mitigated.
i am now watching a video which does not require fvg to be considered as rebalancing.
will post later.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,619
  • Sep 11, 2024 8:42am Sep 11, 2024 8:42am
UJ: A BPR is in the making, I guess.

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Success = Practice + Patience + Persistence
  • #4,620
  • Sep 11, 2024 8:56am Sep 11, 2024 8:56am
rebalancing does not require a fvg to be there as this video shows.
i thought i would have it as SR flip.
the fvg happens to be there in this video.
https://www.forexfactory.com/thread/...7#post14993907

Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
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