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MTF Engulf / Engulf fail

  • #6,521
  • Jan 24, 2025 5:07am Jan 24, 2025 5:07am
Quoting Inthebox
{quote} usdjpy if the boxes confuse you, use higher time frames to reflect lesser boxes. {image}
usdjpy asia high target hit.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,522
  • Jan 24, 2025 6:01pm Jan 24, 2025 6:01pm
Quoting Inthebox
{quote} The trading career is a Marathon not a sprint. The goal is to maintain consistency of 5-10% weekly return. {image} {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'
  • #6,523
  • Jan 24, 2025 7:26pm Jan 24, 2025 7:26pm
coming week 27 jan.
last year high as target.
after that it's any one's guess because of ranging.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,524
  • Jan 24, 2025 8:37pm Jan 24, 2025 8:37pm
just imagine that if you review every market sessions for 3 months
what will your mind and eyes be accustom to seeing?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,525
  • Edited 9:11pm Jan 24, 2025 8:52pm | Edited 9:11pm
my gold trades.
which is better? put on some trades at start of my day and hold till the end or go with the flow?
after having the notion that market was going to range, i did not go for the distance.
i did not want to be in the market for too long.
trade entry is important, but exit is more important.
very ordinary as the direction already determined for the day. nothing to shout about.
they are all 10cts bot trades. but they all add up at the end of the day.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,526
  • Jan 24, 2025 9:34pm Jan 24, 2025 9:34pm
Quoting Inthebox
my gold trades. which is better? put on some trades at start of my day and hold till the end or go with the flow? after having the notion that market was going to range, i did not go for the distance. i did not want to be in the market for too long. trade entry is important, but exit is more important. very ordinary as the direction already determined for the day. nothing to shout about. they are all 10cts bot trades. but they all add up at the end of the day. {image}
1. Trade Timing: Set and Hold vs. Go with the Flow

  1. Set and Hold: If you've analyzed the market and expect a range-bound day, placing trades early and holding until the end can work well. This strategy suits traders who trust their pre-market analysis and want to avoid the stress of micromanaging trades.
  2. Go with the Flow: If you're comfortable adapting to intraday shifts, this allows for capturing opportunities as they arise. It does require more focus and agility but can help you maximize profits in volatile conditions.

Which is better?
It depends on your personality and the market conditions. If you prefer consistency and less screen time, stick with the "set and hold" approach. If you're skilled at reading the market's pulse throughout the day, "go with the flow" might yield better results.
2. Market Range and Short Trades
You're spot on about not overstaying in the market if you anticipate a range. Ranging markets often lack strong follow-through, so aiming for smaller, consistent profits is smart. Exiting at key levels (support/resistance) can protect your gains.
3. Focus on Trade Exit
You nailed it—exits are crucial. Even with small positions like 10-cent lots, timing your exits based on clear signals (e.g., fading momentum, reversal patterns, or reaching your pre-defined target) ensures you lock in profits.
4. Consistency Over Big Wins
Ordinary trades add up, especially with proper risk management. Your ability to stick to a plan, even on "ordinary" days, is a significant edge. Trading isn’t about shouting-worthy wins—it’s about steady growth over time.

  • #6,527
  • Jan 25, 2025 5:17pm Jan 25, 2025 5:17pm
Quoting Inthebox
{quote} The trading career is a Marathon not a sprint. The goal is to maintain consistency of 5-10% weekly return. {image} {image}
Then why don't you show that your TE is on standby so that everyone here can see the fluctuations in real-time, instead of just posting useless images that serve no purpose
  • #6,528
  • Edited 1:21am Jan 26, 2025 1:01am | Edited 1:21am
Quoting FFJobless
{quote} Then why don't you show that your TE is on standby so that everyone here can see the fluctuations in real-time, instead of just posting useless images that serve no purpose
hahaha. one of those ignorant keyboard warriors rearing his ugly head in FF.
it will be an insult to my intelligence if i were to accede to your rude request, not even the basic manners existed. wasted your education in schools.
i like the clown that you had posted though.
is that your main real life character?

let me see what had you posted from the 7 posts that you had "contributed" in FF.

quote
Quoting dempire1
Why post these posts if Trading Explorer will do the work for you and one can simply put efforts to other places?
To look smart

Quoting suhas316
GBP JPY {image}
GJ on GU thread dumm

Quoting BiteFX
{quote} We go a new ATH. The set up is all I am seeing.
Never.

unquote

so your character has been exposed here to the public.
worthless. all criticism but not a single positive contribution.

for someone who had not even deep dive into post 1, not even the faintest idea of what this thread is about
you have no right to make any comment.

by showing my weekly % return performance here for this year is more than enough to show what this method can do.
would you like to show yours for this year in order to show that you are indeed qualified to comment?
why do you have to look at others how they trade. in what way can they have an effect on your own trading results?
can you replicate their trade entries and exits. can you replicate their performance?
the answer is obviously not. and i know what is your purpose. have seen too many of them.

so why spend your time looking at others and all the outside circumstances
instead of FOCUSING ON YOURSELF WORKING ON YOURSELF ONLY IN ORDER TO IMPROVE.
there is no necessity to show my TE. it is non of your concern.
to follow this thread or not is up to individual. i am not asking for followers and am not selling anything here.
for those who find that there are benefits, will keep on following.
for those who do not, can leave this thread quietly and carry on their search for whatever they are looking for.
i don't care a hoot about what you say.

if you are impolite and want to degrade yourself again, you see what i do. no warning.
ITB - Seeing Orderliness amongst 'Randomness'
  • #6,529
  • Edited 5:13pm Jan 26, 2025 5:01pm | Edited 5:13pm
Quoting Inthebox
coming week 27 jan. last year high as target. after that it's any one's guess because of ranging. {image} {image}
gold asia session
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,530
  • Jan 26, 2025 6:09pm Jan 26, 2025 6:09pm
to monitor CE
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,531
  • Jan 27, 2025 12:36am Jan 27, 2025 12:36am
I’m currently monitoring gold and waiting for a pullback to the levels marked by the green arrows on my chart. Once the price retraces to this zone, I plan to enter long positions. The area aligns with my key support levels and offers a solid risk-reward for my daily trade.
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  • #6,532
  • Jan 27, 2025 1:23am Jan 27, 2025 1:23am
Quoting Inthebox
to monitor CE {image}
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,533
  • Jan 27, 2025 1:29am Jan 27, 2025 1:29am
Quoting witowito
I’m currently monitoring gold and waiting for a pullback to the levels marked by the green arrows on my chart. Once the price retraces to this zone, I plan to enter long positions. The area aligns with my key support levels and offers a solid risk-reward for my daily trade. {image}
I’m focusing on scalping short positions for now, aiming to capitalize on small moves (75pips / 3R ). The plan is to use these profits to position myself for longer move longs once the market reaches my key support levels... Let see how it goes
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  • #6,534
  • Jan 27, 2025 5:33am Jan 27, 2025 5:33am
Quoting witowito
I’m currently monitoring gold and waiting for a pullback to the levels marked by the green arrows on my chart. Once the price retraces to this zone, I plan to enter long positions. The area aligns with my key support levels and offers a solid risk-reward for my daily trade. {image}
Short trade ended up stopped out...

I am closely monitoring the 2755 level as a potential entry point for long positions. Conditions appear favorable, and I will assess price action to confirm before executing trades.
  • #6,535
  • Jan 27, 2025 5:50am Jan 27, 2025 5:50am
Quoting witowito
{quote} Short trade ended up stopped out... I am closely monitoring the 2755 level as a potential entry point for long positions. Conditions appear favorable, and I will assess price action to confirm before executing trades.

Testing the water
  • #6,536
  • Jan 27, 2025 6:32am Jan 27, 2025 6:32am
Quoting witowito
{quote} Testing the water
Done for the day -2R day, tomorrow new day
  • #6,537
  • Jan 27, 2025 6:43am Jan 27, 2025 6:43am
gold nyse open
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,538
  • Jan 27, 2025 7:46am Jan 27, 2025 7:46am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,539
  • Jan 27, 2025 9:34pm Jan 27, 2025 9:34pm
Quoting Inthebox
let's see what will happen to gold {image}
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ITB - Seeing Orderliness amongst 'Randomness'
  • #6,540
  • Jan 27, 2025 9:58pm Jan 27, 2025 9:58pm
The direction of gold according to my thoughts
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