MTF Engulf / Engulf fail | Page 291 | Forex Factory

Options

Go to
Permalinks
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

  • #5,801
  • Dec 19, 2024 11:48pm Dec 19, 2024 11:48pm
Quoting Inthebox
{quote} gold buy result {image}
Got scammed by the chart. Two Brokers with completely different candles. Compare to see the difference.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Success = Practice + Patience + Persistence
  • #5,802
  • Dec 20, 2024 12:03am Dec 20, 2024 12:03am
Quoting fxpider
{quote} Got scammed by the chart. Two Brokers with completely different candles. Compare to see the difference. {image}
the m30 is not ready to go down.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,803
  • Dec 20, 2024 12:14am Dec 20, 2024 12:14am
Quoting Th3W1z4rd
{quote} I can’t send a Like to your post, but good to know. TradingView isn’t free, or is that feature free?
There is a free version of Tradingview but it's very basic ( custom intervals not included) and you have to deal with the annoying ad.

However, some broker's accounts come with Tradingview for free, so check out with the broker.
Success = Practice + Patience + Persistence
  • #5,804
  • Dec 20, 2024 12:26am Dec 20, 2024 12:26am
Quoting Inthebox
{quote} the m30 is not ready to go down. {image}
Don't you count the EF as a TC?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Success = Practice + Patience + Persistence
  • #5,805
  • Dec 20, 2024 12:43am Dec 20, 2024 12:43am
Quoting fxpider
{quote} Don't you count the EF as a TC? {image}
we have to consider where the up trend came from. h4 buy aligns with w1 buy.
so it is from h4 buy to h4 sell, which is a big box.
we have to monitor the m30 inside the ef TC.
the up trend will exhaust itself when m30 aligns with h4 sell.
otherwise it continues may be to the top of h4 box.
technically it is still a h4 buy to h4 sell whether it is at the bottom or top of the box.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,806
  • Dec 20, 2024 12:49am Dec 20, 2024 12:49am
Quoting Inthebox
{quote} we have to consider where the up trend came from. so it is from h4 buy to h4 sell, which is a big box. so we have to monitor the m30 inside the ef TC. the up trend will exhaust itself when m30 aligns with h4 sell. otherwise it continues may be to the top of h4 box. technically it is still a h4 buy to h4 sell whether it is at the bottom or top of the box.
Just wondering why you did not mark the m30 EF within the h4 sell.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Success = Practice + Patience + Persistence
  • #5,807
  • Dec 20, 2024 1:00am Dec 20, 2024 1:00am
Quoting fxpider
{quote} Just wondering why you did not mark the m30 EF within the h4 sell. {image}
it does not matter to me because i am already inside h4 sell.
my focus is already on the m30 cmp pattern. my chart remains fixed at m30 time frame.
if the h1 closes above the ef sell, then it is expected to go up to the h1 sell around the top of h4 sell.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,808
  • Dec 20, 2024 1:39am Dec 20, 2024 1:39am
gold series of m30 red candles but no eg sell or the retest of it yet.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,809
  • Dec 20, 2024 6:00am Dec 20, 2024 6:00am
Quoting Inthebox
gold series of m30 red candles but no eg sell or the retest of it yet. {image}
gold one direction buy results
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,810
  • Dec 20, 2024 7:14am Dec 20, 2024 7:14am
gold buy re entry continuation.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,811
  • Dec 20, 2024 7:32am Dec 20, 2024 7:32am
Done for this week.
too early to close while 30m still running early.
now cover back and small green.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1375.png Size: 59 KB
PA Return Today: 0.3%
  • #5,812
  • Dec 20, 2024 7:33am Dec 20, 2024 7:33am
Quoting Inthebox
{quote} it does not matter to me because i am already inside h4 sell. my focus is already on the m30 cmp pattern. my chart remains fixed at m30 time frame. if the h1 closes above the ef sell, then it is expected to go up to the h1 sell around the top of h4 sell.
final target of yesterday high reached.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,813
  • Dec 20, 2024 7:18pm Dec 20, 2024 7:18pm
best advices to get through life

Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,814
  • Edited 8:20pm Dec 20, 2024 7:53pm | Edited 8:20pm
to reclaim your life ............

Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,815
  • Dec 20, 2024 8:04pm Dec 20, 2024 8:04pm
Quoting Inthebox
best advices to get through life https://www.youtube.com/watch?v=G7wv8hzjnWA
It’s insightful maybe, but around 8 minutes in, 15 minutes in, they promote the journal they’re selling.
  • #5,816
  • Dec 20, 2024 9:51pm Dec 20, 2024 9:51pm
gold current market price htf analysis.
we have w1 buy, d1 buy, h4 buy.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,817
  • Dec 20, 2024 10:02pm Dec 20, 2024 10:02pm
Quoting Th3W1z4rd
{quote} It’s insightful maybe, but around 8 minutes in, 15 minutes in, they promote the journal they’re selling.
life is imperfect, just like everything else in this world of ours.
much time and effort had been spent to bring this video to us.
the promotion is just part of his livelihood to survive in this world.
we gain much much more for this small irritation.
live and let live.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,818
  • Dec 20, 2024 10:11pm Dec 20, 2024 10:11pm
Quoting Inthebox
{quote} life is imperfect, just like everything else in this world of ours. much time and effort had been spent to bring this video to us. the promotion is just part of his livelihood to survive in this world. we gain much much more for this small irritation. live and let live.
I see what you are saying, but I don't think the video was meant to just be inspirational. It looks like the journal was designed and manufactured first, and the video was created later to promote it. If it were the other way around, with the video made first as a genuine message and the journal designed and manufactured afterward to support it, it would feel more genuine. Which do you think came first, the journal or the video?
  • #5,819
  • Dec 20, 2024 11:19pm Dec 20, 2024 11:19pm
Quoting Th3W1z4rd
{quote} I see what you are saying, but I don't think the video was meant to just be inspirational. It looks like the journal was designed and manufactured first, and the video was created later to promote it. If it were the other way around, with the video made first as a genuine message and the journal designed and manufactured afterward to support it, it would feel more genuine. Which do you think came first, the journal or the video?
actually it does not bother me at all.
my purpose is so long i get something out of it, whether it is just a sentence or statements that align with my own life's views.
these old folks with 70 80 years of life experiences and had tasted life way ahead of us.
i cannot miss what they have to say and can avoid what you had gone through.

take the good things and discard the rest.
just like after learning mtf engulfing and support resistant, some even come with commercial advertised courses, i discarded all the indicators and ignore the courses.
because i had extracted and picked out all the salient points and got what i wanted.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,820
  • Dec 20, 2024 11:41pm Dec 20, 2024 11:41pm
weekend study.
this one is quite detailed and could clarify some doubts.
if you are still unable to understand, i really do not know how to help further.
Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
3 traders viewing now