Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Engulf Bar Trading Journal 19 replies

MPE - Momentum, Pullback, Engulf 33 replies

Trade management - moving stops to BE+ after opposing engulf 2 replies

Engulf Alert Indicator 1 reply

MTF Stochastics into MTF Stoch Histogram 8 replies

Attachments: MTF Engulf / Engulf fail
Exit Attachments

MTF Engulf / Engulf fail

Quoting Inthebox
gold. previous events should help you to make decision. {image}
but we panic upon seeing this.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
ITB - Seeing Orderliness amongst 'Randomness'
Quoting Inthebox
gold. previous events should help you to make decision. {image}
This area is a worry for an upside move.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
Success = Practice + Patience + Persistence
Quoting Inthebox
{quote} but we panic upon seeing this. {image}
no panic...anticpation...a substantial move coming
its all just one persons opinion....
Quoting fxpider
{quote} This area is a worry for an upside move. {image}
this is what i see. i may be wrong.
the classic pattern.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 42 KB
Click to Enlarge Name: screenshot.png Size: 14 KB
ITB - Seeing Orderliness amongst 'Randomness'
gold today 100 - 150 pips easy.
no US red news to bother.
ITB - Seeing Orderliness amongst 'Randomness'
gold spread widen
ITB - Seeing Orderliness amongst 'Randomness'
Quoting Inthebox
{quote} this is what i see. i may be wrong. the classic pattern. {image} {image}
i was wrong on the h1 ssl.
now looking at h4 ssl for 2nd accumulation.
hopefully i can BE the 1st accumulation.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
ITB - Seeing Orderliness amongst 'Randomness'
gold new york session
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
ITB - Seeing Orderliness amongst 'Randomness'
I have a question,
for me UJ daily closed bullish at Wednesday,
And Thursday i enter buy , but i jump off when i see 4h closed EG sell,
and i didnt realised there is 50% discount,
this fibo is put at ytd.
I sometime kind of thinking too much , when my opposite form EG, i cannot stay with the trade and jump off.
but sometimes i stay with it, it hunt me down.
What to do at such part?
sorry for my english.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_1287.png Size: 60 KB
Click to Enlarge Name: IMG_1288.png Size: 58 KB
Click to Enlarge Name: IMG_1289.png Size: 56 KB
Training.
Quoting LeongPuiy
I have a question {image}
according to video, exit on retest of h1 sell.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
ITB - Seeing Orderliness amongst 'Randomness'
if we were to strictly follow the video on Trade Control, sometimes i find it hard to decide which one.
the Trade Control is a current market one touching h4. unless we are looking at continuation entry.
in the chart using h1 as TC, i must miss the first one because price did not return.
but that is the rule, we have to wait for the next one, which was successful.
the rule is there to facilitate consistency.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
ITB - Seeing Orderliness amongst 'Randomness'
however we have a different story when using m30 TC.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
ITB - Seeing Orderliness amongst 'Randomness'
after some review, i find that Trade Control time frame (h1, m30, m15) that you have chosen is very important.
for example gold yesterday. if there is a strong push down and we want to long, h1 TC would not allow any set up.
if we are trading with momentum, m15 TC would provide more set ups.
i would reckon that m30 is somewhat in the middle for normal trading.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
ITB - Seeing Orderliness amongst 'Randomness'
Quoting Inthebox
after some review, i find that Trade Control time frame (h1, m30, m15) that you have chosen is very important. for example gold yesterday. if there is a strong push down and we want to long, h1 TC would not allow any set up. if we are trading with momentum, m15 TC would provide more set ups. i would reckon that m30 is somewhat in the middle for normal trading. {image}
ITB did you enter long trade yesterday? I have marked the same TC as your chart (the bottom one) but I used M30. And I have entered a long trade when price entered the TC zone but ended in a loss. So what to do if we want to avoid this situation?
Trading is not easy
Quoting xiaotiao
{quote} ITB did you enter long trade yesterday? I have marked the same TC as your chart (the bottom one) but I used M30. And I have entered a long trade when price entered the TC zone but ended in a loss. So what to do if we want to avoid this situation?
yes i did with floating loss. but i did it with small size as i won't be around next week and will leave it open.
in yesterday situation, no one would know that the we had a strong retracement.
the weekly candle looked weird now. we have a fib 62 for daily range.

it's hard to avoid this situation as losses are part of the business.
in a temporary down trend when situation is not in our favor, we can avoid this by using more filters.
however by using more filters when situation is in our favor, we may not be able to make a trade entry.

with extra filter by putting on the CE only after m30 candle closed inside the TC can avoid yesterday's buy.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Click to Enlarge Name: screenshot.png Size: 23 KB
ITB - Seeing Orderliness amongst 'Randomness'
GBPUSD mapping.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-fakeout buy mapping.png Size: 22 KB


USDJPY mapping.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-qm sell mapping 1.png Size: 19 KB

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-qm sell mapping 2.png Size: 23 KB
Trading is not easy
Maybe for gold.
1h to 1h EG.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_1292.png Size: 56 KB
Click to Enlarge Name: IMG_1293.png Size: 56 KB
Click to Enlarge Name: IMG_1294.png Size: 55 KB
Click to Enlarge Name: IMG_1295.png Size: 56 KB
Training.
Quoting xiaotiao
GBPUSD mapping.{image} USDJPY mapping. {image} {image}
UJ current flow i guess.
IMHO.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1300.png Size: 55 KB
Training.
done.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1301.png Size: 57 KB
Training.
Uj Daily closed as Bullish last Friday,
4h buy holding,
For me, i think if want to short need to see some strong displacement first and retest for short,
or else now 1h still uptrend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_1307.jpeg Size: 829 KB
Click to Enlarge Name: IMG_1308.png Size: 54 KB
Training.
8 traders viewing now, 1 is a member: