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MTF Engulf / Engulf fail

  • #5,621
  • Dec 10, 2024 9:01pm Dec 10, 2024 9:01pm
make use of your time. go to m1/m5 and practice how and where you sell and buy back when reaching the qm road block.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,622
  • Dec 10, 2024 9:39pm Dec 10, 2024 9:39pm
we have 2 boxes to defend the fall.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,623
  • Dec 10, 2024 9:40pm Dec 10, 2024 9:40pm
Quoting Inthebox
{quote} what does the bigger picture paints? {image}
i see.
My view is retest again ytd high or if it continue to up,
next area will be that 4h , but if it form 4h sell later , will invalid that 4h and watch for cmp to trade current 4h to 4h.
PA Return This Week: 39.2%
  • #5,624
  • Dec 10, 2024 10:34pm Dec 10, 2024 10:34pm
@ITB

EG buy is within the EF sell, how do we plan/deal with the situation?

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Success = Practice + Patience + Persistence
  • #5,625
  • Dec 10, 2024 11:25pm Dec 10, 2024 11:25pm
Quoting Inthebox
we have 2 boxes to defend the fall. {image}
gold gone down to h4 buy to gather more bullets to break qm rb.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,626
  • Dec 10, 2024 11:38pm Dec 10, 2024 11:38pm
Quoting Inthebox
{quote} gold gone down to h4 buy to gather more bullets to break qm rb. {image}
caught this bad boy, but as usual, I let it go cheaply

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Success = Practice + Patience + Persistence
  • #5,627
  • Dec 10, 2024 11:43pm Dec 10, 2024 11:43pm
Holly Molly, I am getting ridiculous spread!

My spread is now $2+
With this spread, it is not tradable.
Success = Practice + Patience + Persistence
  • #5,628
  • Dec 10, 2024 11:44pm Dec 10, 2024 11:44pm
Quoting fxpider
@ITB EG buy is within the EF sell, how do we plan/deal with the situation? {image}
if you sell, monitor your sell confirmation entry time frame until you see a opposite retest.
or exit when price return to h4 eg buy below.
go down one time frame at a time to read each situation to see situation clearer.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,629
  • Dec 10, 2024 11:57pm Dec 10, 2024 11:57pm
Quoting Inthebox
{quote} if you sell, monitor your sell confirmation entry time frame until you see a opposite retest. or exit when price return to h4 eg buy below. go down one time frame at a time to read each situation to see situation clearer. {image}
gold got rejected at h4 buy with m1 ef buy retest.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,630
  • Dec 11, 2024 12:14am Dec 11, 2024 12:14am
Quoting fxpider
{quote} caught this bad boy, but as usual, I let it go cheaply {image}
something very odd and unusual happen to gold price today. If you check the gold future Feb 2025, (the most active) the price action is so different from spot gold.
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this is the M5 chart. it's still way before breaking todays low. not to mention the price swing is so out of shape with spot gold.
  • #5,631
  • Dec 11, 2024 12:14am Dec 11, 2024 12:14am
Quoting fxpider
Holly Molly, I am getting ridiculous spread! My spread is now $2+ With this spread, it is not tradable.
that's 20 pips right?
gold is a rascal and manipulation king.
if you are not alert, either you lose or win a 100 pips.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,632
  • Dec 11, 2024 12:29am Dec 11, 2024 12:29am
Quoting Inthebox
{quote} that's 20 pips right? gold is a rascal and manipulation king. if you are not alert, either you lose or win a 100 pips.
gold. good old h4 eg buy.
i got the 100 and run.
missed the m1 ef buy but got the m5.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,633
  • Dec 11, 2024 12:41am Dec 11, 2024 12:41am
gold.
i have to say the qm rb had done rather well to drop almost 300 pips.
they surely know where to stop the fall.
now the mission is to break the qm rb.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,634
  • Dec 11, 2024 12:52am Dec 11, 2024 12:52am
has anyone fund icmarkets or pepperstone by credit card?
does credit card visa charge commission/handling fee and roughly how much?
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,635
  • Dec 11, 2024 1:04am Dec 11, 2024 1:04am
Quoting Inthebox
has anyone fund icmarkets or pepperstone by credit card? does credit card visa charge commission/handling fee and roughly how much?
VISA/Master debit card does not charge any fees. Not sure about credit cards though.
Success = Practice + Patience + Persistence
  • #5,636
  • Edited 2:53am Dec 11, 2024 2:35am | Edited 2:53am
gold london open
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,637
  • Dec 11, 2024 3:07am Dec 11, 2024 3:07am
https://www.forexfactory.com/news/13...owing-the-yuan

i guess this causing spike and spread early.
PA Return This Week: 39.2%
  • #5,638
  • Dec 11, 2024 3:19am Dec 11, 2024 3:19am
Quoting Inthebox
gold london open {image} {image} {image}
gold sweeping liquidity
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,639
  • Dec 11, 2024 3:23am Dec 11, 2024 3:23am
This is pretty fuck up.
1m sweep and reverse to my tp without me.

right at the 4h buy and back to 1h EG early.
and spike up.
damn.
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PA Return This Week: 39.2%
  • #5,640
  • Dec 11, 2024 3:24am Dec 11, 2024 3:24am
Quoting LeongPuiy
This is pretty fuck up. 1m sweep and reverse to my tp without me. {image}
I was long in EUR/JPY and it was trending nicely in my favor then I got stopped out on the spike. Does anyone know what caused it?
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