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MTF Engulf / Engulf fail

  • #5,101
  • Nov 12, 2024 11:02am Nov 12, 2024 11:02am
Quoting witowito
{quote} Your questions often feel almost rhetorical, which really shows the depth of your knowledge on the markets. It’s clear you have a strong grasp of the subject, and it’s a pleasure to see you here. your contributions are truly valuable!
I just want to keep an active a topic and support to founder of this topic "inthebox" to keep running this threads and learn to trade myself so that everyone who participates in it can earn money, otherwise what is Forex for?
  • #5,102
  • Nov 12, 2024 11:39am Nov 12, 2024 11:39am
Quoting vikki75
{quote} I just want to keep an active a topic and support to founder of this topic "inthebox" to keep running this threads and learn to trade myself so that everyone who participates in it can earn money, otherwise what is Forex for?
Hey man
Maybe you ask questions without reading the rules at first. How do I assume this? For example by the way you track engulfs. Read first, try to understand second and then ask questions. This is simply my advice, then do as you want.
  • #5,103
  • Nov 12, 2024 12:07pm Nov 12, 2024 12:07pm
Quoting 19monza64
{quote} Hey man Maybe you ask questions without reading the rules at first. How do I assume this? For example by the way you track engulfs. Read first, try to understand second and then ask questions. This is simply my advice, then do as you want.
I agree with you men 100%. I will reread the rules on the first page again, bu can you give any exampleof some pair according the rules?, Daily ,4H,30m but not after the fact, but base on the current situation?. I think it will be faster and to learn to every one including me !
  • #5,104
  • Nov 12, 2024 12:22pm Nov 12, 2024 12:22pm
Can we consider this doji as an engulfing zone?, if yes then on 1H we have fail sell engulf for buy opportunity !Attachment g
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  • #5,105
  • Nov 12, 2024 12:31pm Nov 12, 2024 12:31pm
Quoting vikki75
Who can say if this fifteen minute Engulf zone would be good for buying or am i wrong?{image}
your engulf is m15.
you have to switch to higher time frames to see whether there is any engulf or support around the level of your m15 engulf.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,106
  • Nov 12, 2024 12:40pm Nov 12, 2024 12:40pm
Quoting Inthebox
{quote} your engulf is m15. you have to switch to higher time frames to see whether there is any engulf or support around the level of your m15 engulf.
Thank you very much sir for explanation !
  • #5,107
  • Nov 12, 2024 1:13pm Nov 12, 2024 1:13pm
Quoting Inthebox
{quote} your engulf is m15. you have to switch to higher time frames to see whether there is any engulf or support around the level of your m15 engulf.
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Is it setup can be considered correct to compared with the entry rules? Thank you!
  • #5,108
  • Nov 12, 2024 5:57pm Nov 12, 2024 5:57pm
hit target.
previous day high.
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  • #5,109
  • Edited 8:55pm Nov 12, 2024 8:10pm | Edited 8:55pm
Quoting vikki75
{quote} {image}{image} Is it setup can be considered correct to compared with the entry rules? Thank you!
1. that is not the way to draw engulf.
2. i mentioned clearly to switch to higher time frames but you showed m1. or was that monthly time frame you were using?
3. mn, w1, d1, h4 are higher time frames.
4. from what you posted i know that you have not study post 1. go to #post 1 (months had been spent compiling that) to study and understand every thing there first. or else you won't understand 80% of what i presently mention now and the knowledge won't be absorbed. furthermore i am not willing to give detailed explanation during trading hours if the supposed learning and homework have not been done in the first place. most of the questions would have been answered in post 1.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,110
  • Edited 8:36pm Nov 12, 2024 8:21pm | Edited 8:36pm
Quoting Inthebox
{quote} 1. that is not the way to draw engulf. 2. i mentioned clearly to switch to higher time frames but you showed m1. or was that monthly time frame you were using? 3. mn, w1, d1, h4 are higher time frames. 4. go to post 1 (months had been spent compiling that) to study and understand every thing there first. {image} {image}
when switching from h4 to m3 this is what you see.

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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,111
  • Nov 12, 2024 10:33pm Nov 12, 2024 10:33pm
There is some mapping at daily like EF.
but i try to keep less marking.
this is what i think for currently,
possible pullback for premium lvl with EF if it can close above the Roadblock there.

Nas possible for that 4H EG below,
after broken the the current 4H bullish EG n now may turn EF.
but now it at daily fvg.
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  • #5,112
  • Nov 12, 2024 11:59pm Nov 12, 2024 11:59pm
Quoting LeongPuiy
There is some mapping at daily like EF. but i try to keep less marking. this is what i think for currently, possible pullback for premium lvl with EF if it can close above the Roadblock there. Nas possible for that 4H EG below, after broken the the current 4H bullish EG n now may turn EF. but now it at daily fvg. {image} {image} {image} {image}
i think this is simple enough to understand.
meant to state HTF: mn,w1,d1,h4.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,113
  • Nov 13, 2024 12:10am Nov 13, 2024 12:10am
ok i am finish with all the explanations.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,114
  • Nov 13, 2024 12:24am Nov 13, 2024 12:24am
gold trades
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,115
  • Nov 13, 2024 2:19am Nov 13, 2024 2:19am
london open
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,116
  • Nov 13, 2024 2:40am Nov 13, 2024 2:40am
Hello Inthebox,

First of all I would like to thank you for sharing your method with us. Although this method seems difficult and complicated for me, I'm trying my best to understand it slowly

On screenshot below I try to draw engulfing zones on BTCUSDT H4 chart, please take a look. Did I draw it correctly? And how should I make my analysis based on it? Is it if Bullish EG (H4) ² fail, price will try to reach Bullish EG (H4) ¹? and if Bearish EG (H4) ¹ fail, price will continue its rally?
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  • #5,117
  • Nov 13, 2024 2:54am Nov 13, 2024 2:54am
Quoting Inthebox
london open {image}
m5 egf buy
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,118
  • Nov 13, 2024 3:49am Nov 13, 2024 3:49am
Quoting Inthebox
{quote} m5 egf buy {image}
gold london session done.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,119
  • Nov 13, 2024 3:49am Nov 13, 2024 3:49am
waiting for participation. only then i will post.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,120
  • Nov 13, 2024 4:56am Nov 13, 2024 4:56am
Thank you very much " Inthebox" for such an extensive explanation !
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