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MTF Engulf / Engulf fail

  • #6,341
  • Jan 17, 2025 1:09am Jan 17, 2025 1:09am
Quoting LeongPuiy
{quote} i got 4h EG sell currently, i guess need to beware sudden pullback {image} {image}
but no TC set up to sell yet
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,342
  • Jan 17, 2025 1:32am Jan 17, 2025 1:32am
Quoting Inthebox
{quote} your favorite pair. maybe a reversal. {image}
eurjpy
now what is happening pre london open?
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,343
  • Jan 17, 2025 2:07am Jan 17, 2025 2:07am
GOLD: London opens at a support.

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Success = Practice + Patience + Persistence
  • #6,344
  • Jan 17, 2025 2:31am Jan 17, 2025 2:31am
Quoting Inthebox
{quote} eurjpy now what is happening pre london open?
ej
now what is happening after london opened.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,345
  • Jan 17, 2025 2:45am Jan 17, 2025 2:45am
Quoting Inthebox
{quote} ej now what is happening after london opened.
Yes, a retracement was going to happen after dropping 400 pips. I'm just watching from the sidelines very relaxed tonight.
  • #6,346
  • Jan 17, 2025 3:24am Jan 17, 2025 3:24am
UJ: Lucky to get out in time, this BOJ keeps bringing up news out of nowhere.
GOLD: Hit my SL.

No more trading in this session. Hopefully, the US session will smile at me.
Success = Practice + Patience + Persistence
  • #6,347
  • Jan 17, 2025 3:35am Jan 17, 2025 3:35am
Quoting Inthebox
asia ranging. switch to m15. {image}
the switch to m15 resulted in no trigger to long.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,348
  • Jan 17, 2025 3:44am Jan 17, 2025 3:44am
Trading can feel overwhelming at first, but no one starts as an expert. I’m looking for a trading buddy so we can support each other, share ideas, and grow together. Whether it’s discussing trade ideas, learning from mistakes, or building discipline, having someone to collaborate with makes the journey easier and more fun. Let’s build confidence, develop skills, and work toward success, one trade at a time. If you’re up for it, let’s connect and grow together!
  • #6,349
  • Edited 4:17am Jan 17, 2025 4:06am | Edited 4:17am
monday - tuesday was red about -7.4%
wed and Thursday was cover back loss.
And so far gained 7.4%.

the capital is small so the return seem nice but it is small money for big traders.
the all time, mth and year not accurate.
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PA Return This Week: 39.2%
  • #6,350
  • Jan 17, 2025 5:33am Jan 17, 2025 5:33am
@ITB,

Not sure, why LONG @ 15m eg sell zone? Shouldn't we wait for the EG to fail?

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Success = Practice + Patience + Persistence
  • #6,351
  • Jan 17, 2025 5:36am Jan 17, 2025 5:36am
AJ


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Success = Practice + Patience + Persistence
  • #6,352
  • Jan 17, 2025 5:54am Jan 17, 2025 5:54am
Quoting fxpider
@ITB, Not sure, why LONG @ 15m eg sell zone? Shouldn't we wait for the EG to fail? {image}
continuation aggressive entry
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,353
  • Jan 17, 2025 8:57am Jan 17, 2025 8:57am
GBPUSD sell trade.
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Trading is not easy
  • #6,354
  • Edited 8:34pm Jan 17, 2025 7:35pm | Edited 8:34pm
Quoting Inthebox
this is to track my weekly performance. 6 Jan 2025 Deposit sgd5000 11 jan 2025 Week 1 = 15.6% return {image}

The trading career is a Marathon not a sprint.
The goal is to maintain consistency of 5-10% weekly return.

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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,355
  • Jan 17, 2025 8:21pm Jan 17, 2025 8:21pm
mapping for next week open 20jan.
target will be day high bsl above.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,356
  • Jan 18, 2025 3:47pm Jan 18, 2025 3:47pm
Quoting krvfz786
Trading can feel overwhelming at first, but no one starts as an expert. I’m looking for a trading buddy so we can support each other, share ideas, and grow together. Whether it’s discussing trade ideas, learning from mistakes, or building discipline, having someone to collaborate with makes the journey easier and more fun. Let’s build confidence, develop skills, and work toward success, one trade at a time. If you’re up for it, let’s connect and grow together!
trading is a lonely business for retail traders, it's hard to find someone same as you in everything, you might be aggressive and he might be conservative, you might like scalping trading style and he might like daytrading, you might use large size and he might use small size, you might not use SL and he might use it ..... the list can go on and on. at the end you both WILL force ideas on each other and complicate your trading mindset.

you don't need a trading buddy, you don't need ideas, you don't need to develop skills. all you need is to read the market correctly so you can plan your trading style, entries/exits, MM .... etc.

the only fact in trading is TIME, it can show you direction and trend stages(up/down or sideway)

the next 2 charts are identical but not the same TF, both are showing DAY direction/range using BB, and trend stage reading for 6 hours using ZZ.

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TIME= number of TF bars in a period

traders can see the same reading when using the same time settings, guessing is removed.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #6,357
  • Jan 18, 2025 6:26pm Jan 18, 2025 6:26pm
Quoting Kwt4x
{quote} trading is a lonely business for retail traders, it's hard to find someone same as you in everything, you might be aggressive and he might be conservative, you might like scalping trading style and he might like daytrading, you might use large size and he might use small size, you might not use SL and he might use it ..... the list can go on and on. at the end you both WILL force ideas on each other and complicate your trading mindset.
well said
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,358
  • Jan 19, 2025 8:44am Jan 19, 2025 8:44am
Quoting Inthebox
mapping for next week open 20jan. target will be day high bsl above. {image}
i don't think that i am able to wake up to see the price action on monday.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,359
  • Jan 19, 2025 8:10pm Jan 19, 2025 8:10pm
gold asia session

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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,360
  • Jan 19, 2025 8:27pm Jan 19, 2025 8:27pm
Hello Sir, can you please share your thoughts of this ef valid or still not?
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