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MTF Engulf / Engulf fail

  • #5,441
  • Dec 2, 2024 7:08pm Dec 2, 2024 7:08pm
gold. to wait for more data.
qm or inverse qm?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,442
  • Dec 2, 2024 7:36pm Dec 2, 2024 7:36pm
Quoting Inthebox
gold. to wait for more data. qm or inverse qm? {image} {image}
Maybe a bigger range is in play?

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Success = Practice + Patience + Persistence
  • #5,443
  • Edited 7:55pm Dec 2, 2024 7:43pm | Edited 7:55pm
Quoting fxpider
{quote} Maybe a bigger range is in play? {image}
if gold is going up to the h4 qm, i would achieve the target of asia high.
we have w1 bullish mother candle.
d1 bearish mother candle.
h4 bearish mother candle. if this is covered up, then h4 will be in alignment with w1.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,444
  • Dec 2, 2024 8:51pm Dec 2, 2024 8:51pm
GBPJPY, worth to watch out, price is approaching Fibo 61.8, TL and engulf zone.
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Trading is not easy
  • #5,445
  • Dec 2, 2024 9:21pm Dec 2, 2024 9:21pm
Quoting xiaotiao
GBPJPY, worth to watch out, price is approaching Fibo 61.8, TL and engulf zone. {image}
UJ also has formed a QM continuation.

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Success = Practice + Patience + Persistence
  • #5,446
  • Dec 2, 2024 10:17pm Dec 2, 2024 10:17pm
Quoting Inthebox
gold. to wait for more data. qm or inverse qm? {image} {image}
gold asia high hit
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,447
  • Dec 2, 2024 10:25pm Dec 2, 2024 10:25pm
Quoting Inthebox
{quote} gold asia high hit {image}
Why didnt you take the profit in that first high at 2642 gap fill area? What made you hold on till it hit asia high?
Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #5,448
  • Dec 2, 2024 10:30pm Dec 2, 2024 10:30pm
I stop out at asia session,
then busy to reenter again
miss the up move from gold
PA
  • #5,449
  • Dec 2, 2024 10:31pm Dec 2, 2024 10:31pm
i still cannot get over the candle sticks differences.
it seems to me that icmarkets m5 printed at the end of 6m, 11m, 16m .......
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,450
  • Dec 2, 2024 10:32pm Dec 2, 2024 10:32pm
Quoting Inthebox
i still cannot get over the candle sticks differences. it seems to me that icmarkets m5 printed at the end of 6m, 11m, 16m ....... {image}
Can you give some advice for running move ,
For re enter.
PA
  • #5,451
  • Dec 2, 2024 10:42pm Dec 2, 2024 10:42pm
Quoting melord
{quote} Why didnt you take the profit in that first high at 2642 gap fill area? What made you hold on till it hit asia high?
all the highs lows of mn, w1, d1, h4, h1, m15 tf and asia, london, new york are major and minor support and resistant levels.
50 - 70 pips are my average take profit range and asia high is the right level for that.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,452
  • Dec 2, 2024 10:42pm Dec 2, 2024 10:42pm
Quoting Inthebox
i still cannot get over the candle sticks differences. it seems to me that icmarkets m5 printed at the end of 6m, 11m, 16m ....... {image}
Check mt4/mt5 instead of TV.
Success = Practice + Patience + Persistence
  • #5,453
  • Dec 2, 2024 11:06pm Dec 2, 2024 11:06pm
Quoting LeongPuiy
{quote} Can you give some advice for running move , For re enter.
study the video again for re entry continuation.
same as all entries by way of eg and ef.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,454
  • Dec 2, 2024 11:31pm Dec 2, 2024 11:31pm
Quoting Inthebox
{quote} if gold is going up to the h4 qm, i would achieve the target of asia high. we have w1 bullish mother candle. d1 bearish mother candle. h4 bearish mother candle. if this is covered up, then h4 will be in alignment with w1.
Hi, qm expansion?
The video you shared is very nice,learnt some of ur short words too
  • #5,455
  • Dec 2, 2024 11:41pm Dec 2, 2024 11:41pm
Quoting Tradersview-
{quote} Hi, qm expansion? The video you shared is very nice,learnt some of ur short words too
at a qm level, it may or may not be a qm.
it could also be an inverse qm, ie. a failed qm.
so what tells?
when volume comes in during market open, the price action of the lower time frames will develop out either of the 2 patterns.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,456
  • Dec 3, 2024 12:22am Dec 3, 2024 12:22am
Quoting Inthebox
{quote} at a qm level, it may or may not be a qm. it could also be an inverse qm, ie. a failed qm. so what tells? when volume comes in during market open, the price action of the lower time frames will develop out either of the 2 patterns.
What is QM? Full form
  • #5,457
  • Dec 3, 2024 12:40am Dec 3, 2024 12:40am
Quoting Tradersview-
{quote} What is QM? Full form
quasimodo
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,458
  • Dec 3, 2024 1:01am Dec 3, 2024 1:01am
what happened when london opened?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,459
  • Dec 3, 2024 1:16am Dec 3, 2024 1:16am
Quoting Inthebox
what happened when london opened? {image}
retest EF and EG.
i still thinking it targeting D1 sell around 266x
PA
  • #5,460
  • Dec 3, 2024 1:26am Dec 3, 2024 1:26am
Quoting LeongPuiy
{quote} retest EF and EG. i still thinking it targeting D1 sell around 266x
for what reasons?
is it easy to get 200 plus pips with the red news coming?
it is tough enough even to reach yesterday high.
ITB - Seeing Orderliness amongst 'Randomness'
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