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MTF Engulf / Engulf fail

  • #5,961
  • Dec 30, 2024 9:28pm Dec 30, 2024 9:28pm
Happy New Year to you all and ITB !

Let's make 2025 our best year yet in the markets navigating with patience, discipline, and learning from our wins and losses.
I wish you all profitable trades, sharp analysis, and a year full of success and prosperity.

Cheers!!
Success = Practice + Patience + Persistence
  • #5,962
  • Dec 30, 2024 10:21pm Dec 30, 2024 10:21pm
https://www.tiktok.com/@uzl.v/video/...=1735618680967
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,963
  • Dec 30, 2024 11:53pm Dec 30, 2024 11:53pm
Quoting Inthebox
https://www.tiktok.com/@uzl.v/video/...=1735618680967 {image}
At first glance I thought it was a gallows.

  • #5,964
  • Dec 31, 2024 12:41am Dec 31, 2024 12:41am
Happy new year to all traders here and Inthebox
hope 2025 will be profitable year for everyone.
PA Return This Week: 39.2%
  • #5,965
  • Dec 31, 2024 12:41am Dec 31, 2024 12:41am
Uj
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PA Return This Week: 39.2%
  • #5,966
  • Dec 31, 2024 12:57am Dec 31, 2024 12:57am
Quoting fxpider
Happy New Year to you all and ITB ! Let's make 2025 our best year yet in the markets navigating with patience, discipline, and learning from our wins and losses. I wish you all profitable trades, sharp analysis, and a year full of success and prosperity. Cheers!!
Happy New year all!
  • #5,967
  • Dec 31, 2024 1:25am Dec 31, 2024 1:25am
Quoting Inthebox
https://www.tiktok.com/@uzl.v/video/...=1735618680967 {image}
Happy new year Sifu, tq for the members who help me 2.
thanks guys.
  • #5,968
  • Edited 3:58am Dec 31, 2024 2:47am | Edited 3:58am
Quoting LeongPuiy
Uj {image} {image} {image}
cut it.


edit:
too early to closed.
too bad it hit my first tp
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PA Return This Week: 39.2%
  • #5,969
  • Dec 31, 2024 4:29am Dec 31, 2024 4:29am
Quoting LeongPuiy
{quote} cut it. edit: too early to closed. too bad it hit my first tp {image}
I guess i too early to decide closed after 30m EG slightly failed, and the market formed new 15m tc , i didnt realise that cause i most depend on 30m and 1h tc.
gv back my profit from ytd.
may put stop first for this year,
so far this month already got some nice profit.
I make new account for next year.
not a big capital but hopefully 2025 will be a great year with ITB teaching and strategy.
happy new year everyone.
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PA Return This Week: 39.2%
  • #5,970
  • Dec 31, 2024 6:16am Dec 31, 2024 6:16am
happy new year everyone!

any comments on my zones marked?
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  • #5,971
  • Dec 31, 2024 9:27am Dec 31, 2024 9:27am
Quoting LeongPuiy
{quote} I guess i too early to decide closed after 30m EG slightly failed, and the market formed new 15m tc , i didnt realise that cause i most depend on 30m and 1h tc. {image}
if you were to realize h4 support
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,972
  • Edited 11:02am Dec 31, 2024 9:50am | Edited 11:02am
USDCAD sell trade in progress. SL moved to BE.

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QM pattern formed, PA in engulf zone and same level as QM shoulder.

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According to Bystra, Engulf in HTF plays an important role in this kind of set up. The 2nd drive is engulf, the 3rd drive touch the TL and QMC formed.

Update: PA suddenly shoot up and hit SL.
Trading is not easy
  • #5,973
  • Dec 31, 2024 1:47pm Dec 31, 2024 1:47pm
Quoting LeongPuiy
{quote} cut it. edit: too early to closed. too bad it hit my first tp {image}
I managed to catch this one off the m30 early entry zone aligned to the H4 mSNR V level.

I like to take 2 entries:
*Half position when m5 eg forms (high risk) and TP quickly.
*Half position when m5 ef forms (low risk). More confident when m30 tc formed to hold longer.

Really better off to wait for m5 ef for higher quality trade, but I'm working on my patience. Also, m30 early entry is riskier than m30 tc at cmp.
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  • #5,974
  • Edited 2:45pm Dec 31, 2024 2:04pm | Edited 2:45pm
Quoting 1Hour
happy new year everyone! any comments on my zones marked? {image} {image} {image}
Happy New Year!

Sorry, I do not see any valid engulfs marked up here.

It should be the entire candle (including wicks) that is completely engulfed by a single or series of consecutive candles (body must engulf) in the opposite direction.
  • #5,975
  • Jan 1, 2025 1:50am Jan 1, 2025 1:50am
Quoting Huber
{quote} I managed to catch this one off the m30 early entry zone aligned to the H4 mSNR V level. I like to take 2 entries: *Half position when m5 eg forms (high risk) and TP quickly. *Half position when m5 ef forms (low risk). More confident when m30 tc formed to hold longer. Really better off to wait for m5 ef for higher quality trade, but I'm working on my patience. Also, m30 early entry is riskier than m30 tc at cmp. {image}
a good plan involving defense first evolving into attack.
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,976
  • Jan 1, 2025 6:03am Jan 1, 2025 6:03am
bias is bullish, wait for 4h pullback to engulf. Thoughts?
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  • #5,977
  • Jan 1, 2025 7:17am Jan 1, 2025 7:17am
Quoting 1Hour
bias is bullish, wait for 4h pullback to engulf. Thoughts? {image} {image} {image}
w1 eg is not current to cmp
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,978
  • Jan 1, 2025 9:18pm Jan 1, 2025 9:18pm
Quoting Inthebox
{quote} w1 eg is not current to cmp
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,979
  • Jan 1, 2025 9:25pm Jan 1, 2025 9:25pm
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ITB - Seeing Orderliness amongst 'Randomness'
  • #5,980
  • Jan 1, 2025 9:54pm Jan 1, 2025 9:54pm
Quoting Inthebox
{image}
Today is a public holiday in Japan though.
Success = Practice + Patience + Persistence
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