MTF Engulf / Engulf fail | Page 251 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Engulf Bar Trading Journal 19 replies

MPE - Momentum, Pullback, Engulf 33 replies

Trade management - moving stops to BE+ after opposing engulf 2 replies

Engulf Alert Indicator 1 reply

MTF Stochastics into MTF Stoch Histogram 8 replies

Attachments: MTF Engulf / Engulf fail
Exit Attachments

MTF Engulf / Engulf fail

  • #5,001
  • Oct 29, 2024 4:03am Oct 29, 2024 4:03am
if you notice the relative equal highs and lows.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,002
  • Oct 29, 2024 4:44am Oct 29, 2024 4:44am
Today, I find the market is very tricky and choppy.
Success = Practice + Patience + Persistence
  • #5,003
  • Oct 29, 2024 4:58am Oct 29, 2024 4:58am
Quoting fxpider
Today, I find the market is very tricky and choppy.
consolidation is the name of the game for gold.
now happening inside the red daily mother candle.
https://www.forexfactory.com/thread/...0#post15043690
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,004
  • Oct 29, 2024 5:12am Oct 29, 2024 5:12am
Quoting Inthebox
{quote} consolidation is the name of the game for gold. now happening inside the red daily mother candle. https://www.forexfactory.com/thread/...0#post15043690
The top looks very heavy and LTF EG is getting well-respected. Daily OPEN/Low might get tickled.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Success = Practice + Patience + Persistence
  • #5,005
  • Edited 5:48am Oct 29, 2024 5:27am | Edited 5:48am
Quoting fxpider
{quote} The top looks very heavy and LTF EG is getting well-respected. Daily OPEN/Low might get tickled. {image}
earlier attempt to go down to yesterday's high failed.
so went up to take the bsl with more strength to reach yH i think.
could also be testing the weekly opening gap too.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,006
  • Oct 29, 2024 7:45am Oct 29, 2024 7:45am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1 sell trade.png Size: 21 KB
Trading is not easy
  • #5,007
  • Oct 29, 2024 9:27am Oct 29, 2024 9:27am
Quoting Inthebox
if you notice the relative equal highs and lows. {image}
just came home.
goodness trend run.
equal lows but be very careful or ignore.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,008
  • Oct 30, 2024 12:07pm Oct 30, 2024 12:07pm
gold new york session
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,009
  • Nov 1, 2024 12:45am Nov 1, 2024 12:45am
Today's US session will be extremely volatile, I guess. Priority should be the protection of the account.

 

  1. NFP
  2. End of Week
  3. End of Month/Beginning of the Month
  4. Weekend leading to the US Election

Trade Safe.

Success = Practice + Patience + Persistence
  • #5,010
  • Nov 1, 2024 10:03am Nov 1, 2024 10:03am
gold yesterday new york and today london sessions.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,011
  • Nov 2, 2024 7:17am Nov 2, 2024 7:17am
Quoting Inthebox
gold yesterday new york and today london sessions. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB

Я так пробував Аналізувати. Дякую за стратегію.
I tried to analyze so much. Thanks for the strategy.
  • #5,012
  • Nov 3, 2024 7:57am Nov 3, 2024 7:57am
Quoting RomanUkraine
{quote} {image} Я так пробував Аналізувати. Дякую за стратегію. I tried to analyze so much. Thanks for the strategy.
if you are using h4 eg, you can trade entry when h4 closes above it.
if you are using h1 eg, you can trade entry when h1 closes above it.
if you are using h4 or h1 eg but want to use smaller time frames for trade entry,
you have to wait for break of structure and a pattern to form for your trade entry.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Click to Enlarge Name: screenshot.png Size: 9 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,013
  • Edited 9:50am Nov 4, 2024 9:39am | Edited 9:50am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20241104_233728.jpg Size: 394 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-11-04-23-49-23-009_net.metaquotes.metatrader4.jpg Size: 482 KB


Gold sell trade, QM set up. TP around previous low.
Trading is not easy
  • #5,014
  • Nov 4, 2024 6:35pm Nov 4, 2024 6:35pm
AUD: The rate decision is due in 3 hours. IMO, TA is less significant this week due to the US election and the following FOMC.

PA has reacted from a daily resistance within the existing downtrend. 4H EG is getting respected and the PA is drifting to fill the VOL GAP.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
Success = Practice + Patience + Persistence
  • #5,015
  • Nov 4, 2024 8:26pm Nov 4, 2024 8:26pm
gold yesteday's asia and london sessions trades
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,016
  • Nov 4, 2024 8:39pm Nov 4, 2024 8:39pm
asia session. candle looks suspicious to me. monitor.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,017
  • Nov 5, 2024 12:52am Nov 5, 2024 12:52am
Quoting Inthebox
asia session. candle looks suspicious to me. monitor. {image}
gold asia session. tp asia high.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,018
  • Nov 5, 2024 4:36am Nov 5, 2024 4:36am
Quoting Inthebox
{quote} gold asia session. tp asia high. {image}
Could you guide. Why did you take the 4engulf of 25.10 and not the 28.10.
Is there any specific reason ?
  • #5,019
  • Nov 5, 2024 9:19am Nov 5, 2024 9:19am
Quoting smd101
{quote} Could you guide. Why did you take the 4engulf of 25.10 and not the 28.10. Is there any specific reason ?
i had refined the 28oct h4 eg with a h1 eg where the current market price was happening and did not need such a big block of h4 eg above the cmp.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,020
  • Nov 5, 2024 9:34am Nov 5, 2024 9:34am
gold tp yesterday high.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
ITB - Seeing Orderliness amongst 'Randomness'
5 traders viewing now