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MTF Engulf / Engulf fail

  • #5,501
  • Dec 5, 2024 1:46am Dec 5, 2024 1:46am
Quoting Inthebox
{quote} everyone interested in trade entry. from where we left off, the h1/m15 swing low bouncing off from htf h4 eg buy. waited for retracement to trade control for confirmation entry. https://www.youtube.com/shorts/hLbDVGJ6Nic {image}
Good setup. And man can make a jokes

"...drawndown, never heard about it...."
I might be wrong , I have been wrong before
  • #5,502
  • Dec 5, 2024 1:56am Dec 5, 2024 1:56am
Quoting xiaotiao
NZDUSD buy trade. For me, the engulf candle theory works better with chart patterns and other confluences. {image} A QM pattern formed {image} Entered the trades after engulf zone formed in m15
NZDUSD Buy trade hit TP.
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Trading is not easy
  • #5,503
  • Edited 3:20am Dec 5, 2024 2:58am | Edited 3:20am
GBPJPY, qm pattern formed in W1, cmp in a channel in H1.
Price still being rejected by engulf zone in D1.
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Trading is not easy
  • #5,504
  • Dec 5, 2024 3:45am Dec 5, 2024 3:45am
Quoting xiaotiao
GBPJPY, qm pattern formed in W1, cmp in a channel in H1. Price still being rejected by engulf zone in D1. {image}
We might see a slight consolidation before a trending move to the downside
  • #5,505
  • Dec 5, 2024 4:05am Dec 5, 2024 4:05am
gold london session
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,506
  • Dec 5, 2024 5:53am Dec 5, 2024 5:53am
Quoting xiaotiao
GBPJPY, qm pattern formed in W1, cmp in a channel in H1. Price still being rejected by engulf zone in D1. {image}
gj testing of trend line break
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,507
  • Edited 6:52am Dec 5, 2024 6:40am | Edited 6:52am
Quoting Inthebox
{quote} gj testing of trend line break {image}
i get some, and only target that relative equal high.
currently i skip gold due to inside range and nfp tmr.

can you do mapping for UJ?
it within the bearish D candle,
holding from D1 and 4H buy,
now it at RB / EG sell at 4h and day,
but smaller tf seem bullish for now.
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PA Return Today: 0.3%
  • #5,508
  • Dec 5, 2024 7:17am Dec 5, 2024 7:17am
Quoting Inthebox
{quote} i am looking at gold this way. from h4 price from eg to eg and 3 candle fractal, the last impulse wave was up. this was yesterday range with fib 50 retracement. now h1 is going to close above trade control. swing low already formed in m15. {image}
gold asia and london sessions done.
red news coming.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,509
  • Dec 5, 2024 7:26am Dec 5, 2024 7:26am
Quoting LeongPuiy
{quote} i get some, and only target that relative equal high. currently i skip gold due to inside range and nfp tmr. can you do mapping for UJ? it within the bearish D candle, holding from D1 and 4H buy, now it at RB / EG sell at 4h and day, but smaller tf seem bullish for now. {image} {image} {image} {image}
uj
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,510
  • Dec 5, 2024 8:01am Dec 5, 2024 8:01am
reaction after unemployment claims news.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,511
  • Dec 5, 2024 8:14am Dec 5, 2024 8:14am
Quoting Inthebox
{quote} uj {image}
uj h4 eg to eg move
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,512
  • Dec 5, 2024 8:18am Dec 5, 2024 8:18am
Quoting Inthebox
{quote} gj testing of trend line break {image}
gj. h1 eg to eg move
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,513
  • Dec 5, 2024 8:24am Dec 5, 2024 8:24am
gold.
coiling ready to spring tomorrow.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,514
  • Dec 5, 2024 8:40am Dec 5, 2024 8:40am
Quoting Inthebox
gold. coiling ready to spring tomorrow. {image}
Don't discard the possible plunge!
Success = Practice + Patience + Persistence
  • #5,515
  • Dec 5, 2024 8:19pm Dec 5, 2024 8:19pm
Gold seem manipulating for now.
will wait for NY session.
PA Return Today: 0.3%
  • #5,516
  • Dec 5, 2024 9:51pm Dec 5, 2024 9:51pm
UJ.
and gold.
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PA Return Today: 0.3%
  • #5,517
  • Edited 10:20pm Dec 5, 2024 10:08pm | Edited 10:20pm
gold is back inside the range.
so now we are able to see how new york news was used to manipulate and take out equal lows.
there was an opportunity to buy with tc and ce during asia open.
i missed that.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,518
  • Dec 5, 2024 10:37pm Dec 5, 2024 10:37pm
gold clearing out the floating loss.
if you are holding on to the floating losses,
do you trust your method?
do you know what is happening around the terrain?
not only that, do you have a plan?
for example using half of the week's profit to float the loss
and yet come out positive for the week even if you cut loss.
that is how one can become consistent week in and week out, even though having a day or two of losses.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,519
  • Dec 5, 2024 11:00pm Dec 5, 2024 11:00pm
take it easy now.
the move had been made during asia session.
london session may not have much.
as the red news are during new york session.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,520
  • Dec 5, 2024 11:50pm Dec 5, 2024 11:50pm
what time will it be if gold returns to the h4 buy?
and the confirmation entry form with the trade control.
trading is a waiting game.
patience, part of discipline, persistence and consistency.
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ITB - Seeing Orderliness amongst 'Randomness'
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