trading with conviction | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

Day Trading vs. Swing Trading vs. Position Trading 86 replies

Attachments: trading with conviction
Exit Attachments

trading with conviction

  • #201
  • Feb 10, 2026 1:45pm Feb 10, 2026 1:45pm
Quoting mvf
{quote} EU - first level broke - watch upper level {image}
EU

- initial FL engulfed, it would have a chance to go to the origin of the move down.
- that engulf would turn into support and might yield a short term buy.
- but still in favor of sell for now.
- 4h chart shows, it is not anywhere close to the origin of recent up move.
- so risk SL to sell
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Click to Enlarge Name: screenshot.png Size: 18 KB
Click to Enlarge Name: screenshot.png Size: 19 KB
  • #202
  • Feb 11, 2026 9:29am Feb 11, 2026 9:29am
Quoting mvf
JP another sell in play - as it broke down the initial Fl, it will do to the origin of this move up. - so stay in trade and add on when there is a chance. {image}
JP
the price reacted violently at the end of the last move-up as marked, but no break.
- do nothing until break up or down.



Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
  • #203
  • Feb 11, 2026 9:34am Feb 11, 2026 9:34am
Quoting mvf
{quote} CH now price comes down to the end of last swing and was pushed up. - zoomed out chart is showing there is room to drop, so consider this move-up as retrace. - first look out marked - for now {image} {image}
CH
the first FL engulfed up, look out new FL and see if it is strong enough to stop it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #204
  • Feb 18, 2026 9:57am Feb 18, 2026 9:57am
JP
The price did react on its way down to the end of the up swing and did not break anything. In lower time frame, when an engulf happened, the buy opportunity presented. there are levels that could stop it on its way up. so manage it level to level.
Trading from level to level is to manage expectations as well as to protect gains from becoming loses.
Guesstimating levels often produces failed readings, setting SL is crucial, then move to the next level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Click to Enlarge Name: screenshot.png Size: 20 KB
  • #205
  • Feb 18, 2026 10:15am Feb 18, 2026 10:15am
EU
There are some levels that might give trading opportunities.
still eyeing on the lower level that price might get stopped and turn.
- for now in the lower time frame, see if the sell could be worked out
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
  • #206
  • Feb 18, 2026 10:23am Feb 18, 2026 10:23am
GU
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
  • #207
  • Feb 18, 2026 10:52am Feb 18, 2026 10:52am
AU
there is no clear clue to say the price has reached its origin, because no engulf presented. But when looking where it came from, there are levels that are worth watching. for now, the price is poised to go higher and might react when reaching two marked levels.
so risk some tight SL to give it a try.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
  • #208
  • Feb 25, 2026 6:33pm Feb 25, 2026 6:33pm
GU

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #209
  • Feb 25, 2026 6:35pm Feb 25, 2026 6:35pm
EU
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #210
  • Feb 25, 2026 6:39pm Feb 25, 2026 6:39pm
CH
see if there is anything to make in the range or sit tight for break
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
  • #211
  • Feb 25, 2026 6:46pm Feb 25, 2026 6:46pm
AU
break up seems imminent, but still want to risk some SL to sell. Now set TP
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
  • #212
  • Feb 25, 2026 6:52pm Feb 25, 2026 6:52pm
JP

Price retracing - for now do not guess how low it might go, wait for confirmation to add
There are two levels to watch - good run
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
  • #213
  • Feb 26, 2026 2:43am Feb 26, 2026 2:43am
EU

a quick run, tight SL, target at the end of the swing
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #214
  • Feb 26, 2026 10:20am Feb 26, 2026 10:20am
Quoting mvf
AU break up seems imminent, but still want to risk some SL to sell. Now set TP {image}
AU
follow up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Click to Enlarge Name: screenshot.png Size: 20 KB
  • #215
  • Feb 26, 2026 11:34am Feb 26, 2026 11:34am
Quoting mvf
EU a quick run, tight SL, target at the end of the swing {image}
EU

now it is reaching short term TP level, watch it now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Click to Enlarge Name: screenshot.png Size: 22 KB
  • #216
  • Mar 1, 2026 6:19pm Mar 1, 2026 6:19pm
GU

The add on sell order was just filled at Asia open. This drop must be due to Iran strike, but it doesn't matter when just looking at chart. News would be distraction.
Last Friday 02/27, two sell limit were placed, one is filled and in play now.
So now the lower red box is the area to watch.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
Click to Enlarge Name: screenshot.png Size: 23 KB
  • #217
  • Mar 1, 2026 6:25pm Mar 1, 2026 6:25pm
JP

This buy was sitting tight Last Friday for whole day and stayed over the weekend and now it is play out in Asia market.
SL gives piece of mind.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
  • #218
  • Mar 1, 2026 6:32pm Mar 1, 2026 6:32pm
EU two levels saw reactions and the lower level becomes shaky.
as there is a big gap, no where to determine the order level, no rush. let it run and give clue.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
Click to Enlarge Name: screenshot.png Size: 20 KB
  • #219
  • Mar 1, 2026 6:38pm Mar 1, 2026 6:38pm
AU

the first level engulfed, expect it to go to the origin at the next move.
so now look for sell, but the big gap posts difficulty to gauge SL, will watch it play out... no rush
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #220
  • Mar 1, 2026 6:45pm Mar 1, 2026 6:45pm
Ch

within the swing, the engulf happened, if true, it would give some sell opportunities.
for now two levels to watch.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
0 traders viewing now