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MTF Engulf / Engulf fail

  • #5,361
  • Nov 27, 2024 12:22am Nov 27, 2024 12:22am
Pretty strong S/R to watch here.
i may wrong,
multiple touch and 4H EF RB.
maybe my 4h are different with other 4h chart.
i may wrong.
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PA Return This Week: 46.3%
  • #5,362
  • Nov 27, 2024 12:31am Nov 27, 2024 12:31am
Quoting LeongPuiy
Pretty strong S/R to watch here. i may wrong, multiple touch and 4H EF RB. maybe my 4h are different with other 4h chart. i may wrong. {image}
eg to eg target.
will have to see how long price stuck at RB.
i may be wrong too

.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,363
  • Nov 27, 2024 3:01am Nov 27, 2024 3:01am
Quoting Inthebox
{quote} eg to eg target. will have to see how long price stuck at RB. i may be wrong too . {image} {image}
gold trying to clear the road block which seemingly rather easy.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,364
  • Nov 27, 2024 4:01am Nov 27, 2024 4:01am
Quoting Inthebox
{quote} gold trying to clear the road block which seemingly rather easy. {image}
gold. if buying space it out.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,365
  • Nov 27, 2024 4:16am Nov 27, 2024 4:16am
Quoting Inthebox
{quote} gold trying to clear the road block which seemingly rather easy. {image}
isn't that a h1 rb?
  • #5,366
  • Nov 27, 2024 4:30am Nov 27, 2024 4:30am
Quoting huskyboy
{quote} isn't that a h1 rb?
h4 rb. refer previous posted chart.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,367
  • Nov 27, 2024 5:35am Nov 27, 2024 5:35am
Quoting Inthebox
{quote} gold. if buying space it out. {image}
patting myself. LOL. hope don't speak too soon.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,368
  • Nov 27, 2024 5:42am Nov 27, 2024 5:42am
Quoting Inthebox
{quote} patting myself. LOL. hope don't speak too soon. {image}
you long at here?
PA Return This Week: 46.3%
  • #5,369
  • Nov 27, 2024 5:55am Nov 27, 2024 5:55am
Quoting LeongPuiy
{quote} you long at here?
yes. part of accumulation.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,370
  • Nov 27, 2024 7:10am Nov 27, 2024 7:10am
Quoting Inthebox
{quote} h4 rb. refer previous posted chart.
yes i see the h4 rb on the first white chart you posted, not on the saxo chart.
Can i ask how you determine the broker you use to make your analyse cause one day its saxo, then icmarkets and so on... but it seems to make a lot of difference. I only use icmarkets on tv and ig on mt4 and it often happens i can't follow your charts. Thanks
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  • #5,371
  • Nov 27, 2024 7:19am Nov 27, 2024 7:19am
Quoting huskyboy
{quote} yes i see the h4 rb on the first white chart you posted, not on the saxo chart. Can i ask how you determine the broker you use to make your analyse cause one day its saxo, then icmarkets and so on... but it seems to make a lot of difference. I only use icmarkets on tv and ig on mt4 and it often happens i can't follow your charts. Thanks{image}
it is a case of sometimes this sometimes that. you never know. so use both.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,372
  • Nov 27, 2024 8:06am Nov 27, 2024 8:06am
Attached Image (click to enlarge)
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gold trade h1 eg to h1 eg, entered on the m5 (but a bit too late)
  • #5,373
  • Nov 28, 2024 1:29am Nov 28, 2024 1:29am
gold europe session. will the rb be broken this time?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,374
  • Nov 28, 2024 2:55am Nov 28, 2024 2:55am
Quoting Inthebox
gold europe session. will the rb be broken this time? {image}
Hope not to break
  • #5,375
  • Nov 28, 2024 3:35am Nov 28, 2024 3:35am
Quoting huskyboy
{quote} yes i see the h4 rb on the first white chart you posted, not on the saxo chart. Can i ask how you determine the broker you use to make your analyse cause one day its saxo, then icmarkets and so on... but it seems to make a lot of difference. I only use icmarkets on tv and ig on mt4 and it often happens i can't follow your charts. Thanks{image}
Compare multiple brokers' charts to spot any discrepancies. Sometimes brokers like to play with us.
Success = Practice + Patience + Persistence
  • #5,376
  • Nov 28, 2024 3:51am Nov 28, 2024 3:51am
Quoting fxpider
{quote} Compare multiple brokers' charts to spot any discrepancies. Sometimes brokers like to play with us.
Are brokers playing with us ? CFDs are not centralized market.
Each brokers can have different prices and spreads.
That's why I recommend switch to futures contract.
Yes you pay for commission but with spread you lose many times more.
I might be wrong , I have been wrong before
  • #5,377
  • Nov 28, 2024 4:20am Nov 28, 2024 4:20am
gold all buying.
having a hard time breaking h4 rb.
if broken, will go up to next eg.
i think already broken, price went down to retest h4 buy.
all the bouncing from h4 eg to eg.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,378
  • Nov 28, 2024 4:52am Nov 28, 2024 4:52am
Quoting xiaotiao
{quote} This engulf zone is worth to watch out as it is same level as the left shoulder of QM, furthermore it is located at Fibo 78.6. Agree with ITB, let's see how PA will react in ltf then only make decision.{image}
This is what I mean when QM shoulder meets Engulf zone, a good set up but i didnt catch it.
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Trading is not easy
  • #5,379
  • Nov 28, 2024 5:28am Nov 28, 2024 5:28am
Quoting Mandariin
{quote} Are brokers playing with us ? CFDs are not centralized market. Each brokers can have different prices and spreads. That's why I recommend switch to futures contract. Yes you pay for commission but with spread you lose many times more.
They may or may not, I don't know for sure. But I like to cross-check the OHLC, FVG, and vol gaps with other brokers just for my peace and safety. And Tradingview certainly makes the comparison easier.

Well, I may switch to futures contract in the future.
Success = Practice + Patience + Persistence
  • #5,380
  • Nov 28, 2024 5:34am Nov 28, 2024 5:34am
Quoting xiaotiao
{quote} This is what I mean when QM shoulder meets Engulf zone, a good set up but i didnt catch it.{image}
The more confluences the stronger the setup.
Success = Practice + Patience + Persistence
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