MTF Engulf / Engulf fail | Page 306 | 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

  • #6,101
  • Jan 7, 2025 9:35am Jan 7, 2025 9:35am
gold early entry
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,102
  • Jan 7, 2025 8:05pm Jan 7, 2025 8:05pm
today i think there will be another attempt to go up to bsl.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,103
  • Jan 7, 2025 8:55pm Jan 7, 2025 8:55pm
Ytd closed bfr went to bed,
miss the good move.

today was greedy , stop out.
4h too near to each other.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1608.png Size: 59 KB
PA Return This Week: na
  • #6,104
  • Jan 7, 2025 8:56pm Jan 7, 2025 8:56pm
Quoting Inthebox
today i think there will be another attempt to go up to bsl. {image}
you have already know the method.
now the question that you have to ask yourself is do you have the patience to wait for the pullback to TC and h4 eg.
then put on the BE if you caught it. monitor if you want.
go do some other things. does not matter if it doesn't go your way. there is always another session.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,105
  • Edited 9:22pm Jan 7, 2025 9:08pm | Edited 9:22pm
that is all you have to do as traders.
follow the rules and execute the trades.
protect your trades if possible. does it really matter whether you profit out of this single trade or not?
do not be short sighted. it does not define you as a person.
what you are doing is that over the medium term, you are executing consistency to become your second nature.
throw out the long line and catch the big fish.
you will know that the ultimate results will only benefit you over a week, a month, 3 months ......... if only you can stick to the rules.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,106
  • Jan 7, 2025 9:25pm Jan 7, 2025 9:25pm
now the big question.
which is more important.
trade entry or exit?
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,107
  • Jan 7, 2025 9:32pm Jan 7, 2025 9:32pm
Quoting Inthebox
{quote} you have already know the method. now the question that you have to ask yourself is do you have the patience to wait for the pullback to TC and h4 eg. then put on the BE if you caught it. monitor if you want. go do some other things. does not matter if it doesn't go your way. there is always another session. {image}
nothing to it.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,108
  • Jan 7, 2025 9:39pm Jan 7, 2025 9:39pm
Quoting Inthebox
now the big question. which is more important. trade entry or exit?
Both are equally important and complement each other by adding value to each.
Success = Practice + Patience + Persistence
  • #6,109
  • Jan 7, 2025 9:45pm Jan 7, 2025 9:45pm
Quoting fxpider
{quote} Both are equally important and complement each other by adding value to each.
choose only one. in reality both will never be precise.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,110
  • Jan 7, 2025 9:52pm Jan 7, 2025 9:52pm
Quoting Inthebox
now the big question. which is more important. trade entry or exit?
exit.
even we got the good entry but don’t know how to exit,
the trade may bite back to become loss or nth.
i suffer many time before,
got a nice entry but keep holding until it BE or stop out loss.
PA Return This Week: na
  • #6,111
  • Jan 7, 2025 10:02pm Jan 7, 2025 10:02pm
Quoting LeongPuiy
{quote} exit. even we got the good entry but don’t know how to exit, the trade may bite back to become loss or nth. i suffer many time before, got a nice entry but keep holding until it BE or stop out loss.
so various way to handle exiting with profit.
by number of pips, by % return, by snr fractal swing point, by exiting in stages.

knowing how to exit also can minimize losses instead of holding on to it until ............ who knows when.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,112
  • Jan 7, 2025 10:06pm Jan 7, 2025 10:06pm
Quoting Inthebox
{quote} choose only one. in reality both will never be precise.
In that case, I would choose EXIT simply because to realize the PnL we need to fold the position, and to protect the account we need to have SL/BE.
Success = Practice + Patience + Persistence
  • #6,113
  • Jan 7, 2025 10:11pm Jan 7, 2025 10:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,114
  • Edited 10:34pm Jan 7, 2025 10:22pm | Edited 10:34pm
another try BE.
hllhll maybe going lower.
or is that a bullish qm. will reduce size.
keeping watch the candles printed.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,115
  • Jan 7, 2025 11:14pm Jan 7, 2025 11:14pm
Quoting Inthebox
another try BE. hllhll maybe going lower. or is that a bullish qm. will reduce size. keeping watch the candles printed. {image}
i cut it due to 30m EG failed.
will wait for FF/ LO decide
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1617.png Size: 63 KB
PA Return This Week: na
  • #6,116
  • Jan 7, 2025 11:21pm Jan 7, 2025 11:21pm
Quoting LeongPuiy
{quote} i cut it due to 30m EG failed. will wait for FF/ LO decide {image}
that's why i prefer to use BE. no matter how many. just need one that works.
yes keep monitoring as long ce buy matches the support coming from h4 eg buy and tc ef buy.
https://www.forexfactory.com/thread/...0#post15109090
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,117
  • Jan 8, 2025 12:18am Jan 8, 2025 12:18am
Quoting Inthebox
{quote} that's why i prefer to use BE. no matter how many. just need one that works. yes keep monitoring as long ce buy matches the support coming from h4 eg buy and tc ef buy. https://www.forexfactory.com/thread/...0#post15109090
it bounce
waiting time for now
PA Return This Week: na
  • #6,118
  • Jan 8, 2025 12:19am Jan 8, 2025 12:19am
Quoting Inthebox
another try BE. hllhll maybe going lower. or is that a bullish qm. will reduce size. keeping watch the candles printed. {image}
finally this one worked.
gold buy results.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,119
  • Jan 8, 2025 1:10am Jan 8, 2025 1:10am
Thank you for this amazing thread. I am trying to read my way through all 300 pages. Enjoying it so far.

Took my first trade today, and I'll hope you can give me some feedback. I'll share my screens here.

Attached Image (click to enlarge)
Click to Enlarge Name: CleanShot 2025-01-08 at 08.07.02@2x.png Size: 66 KB

Attached Image (click to enlarge)
Click to Enlarge Name: CleanShot 2025-01-08 at 08.07.10@2x.png Size: 56 KB

Attached Image (click to enlarge)
Click to Enlarge Name: CleanShot 2025-01-08 at 08.08.18@2x.png Size: 60 KB
  • #6,120
  • Jan 8, 2025 1:20am Jan 8, 2025 1:20am
Quoting Inthebox
{quote} finally this one worked. gold buy results. {image}

same here.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB
Success = Practice + Patience + Persistence
8 traders viewing now