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- fxpider replied May 29, 2024
@ITB AU: please walk me through your thought process for the BIAS decision. W1: BUEG image D1: can't find any EG/EF close to cmp image H4: The most recent BEEG image
MTF Engulf / Engulf fail
- fxpider replied May 29, 2024
Lets discuss the CMP of gold for this week W1 BUEG ---> bullish based on the most recent EG image d1 : The closest EF from the last week is just above the CMP image 4H: cmp@ BEEG from last week, however, yesterday the PA gave us a BUEG off the ...
MTF Engulf / Engulf fail
- fxpider replied May 28, 2024
yes & no. yes: when PA works out perfectly No: when PA creates doubt and chucks into confusion.
MTF Engulf / Engulf fail
- fxpider replied May 27, 2024
GOlD: Disputes in 4H chart from broker to broker. image image image
MTF Engulf / Engulf fail
- fxpider replied May 23, 2024
Seriously man ! This guy is full of skills and guts.
MTF Engulf / Engulf fail
- fxpider replied May 22, 2024
Bro, I can't see a BEEG in D1. In your chart, even though, the red candle closed below the blue candle's low, the red candle's body did not fully engulf the blue candle's body. Thus, it does not qualify as an engulfing candle. image
MTF Engulf / Engulf fail
- fxpider replied May 22, 2024
Are you sure that you are marking them properly? The yellow boxes look EG to me.
MTF Engulf / Engulf fail
- fxpider replied May 22, 2024
GOLD: The GPS signal has been lost for the last 6 hours. PA is extremely choppy. One should decide between gambling and staying aside. image
MTF Engulf / Engulf fail
- fxpider replied May 22, 2024
AU: 1H (BUEG) + 5m (BUEG + BEEF) combo. TP @ 1R. Today's PA sucks big time. image
MTF Engulf / Engulf fail
- fxpider replied May 21, 2024
The marked premium has several bearish confluences. 1H BEEG 1H FVG 15m BUEF also the PMH as resistance. I am patiently waiting to see how the price reacts if it reaches one of the above.
MTF Engulf / Engulf fail
- fxpider replied May 16, 2024
Highly probable that an LH has formed. TL break EG @ peak formation Reaction EG @ previous EG Reaction EG @ premium of the previous leg. image
MTF Engulf / Engulf fail
- fxpider replied May 16, 2024
This thread provides a solid framework and concepts you can emulate to fit your style, psychology, and risk tolerance. Nothing is absolute and will work 100% in trading and it's ever-evolving. One needs to try out what works for them through ...
MTF Engulf / Engulf fail
- fxpider replied May 16, 2024
Dude, did you go through the 1st page of the thread? the post#1 at least? Don't get me wrong, please put in some effort. All your questions (till now), have been answered already with clear, simple English and annotations.
MTF Engulf / Engulf fail
- fxpider replied May 16, 2024
GOLD: Done for the day. Station to station. image image
MTF Engulf / Engulf fail
- fxpider replied May 15, 2024
GOLD: TP hit. Now my bias is neutral---> bearish. I will sit on my hand until a clear setup is presented, aligning with my bias. image
MTF Engulf / Engulf fail
- fxpider replied May 15, 2024
OP's view on Engulf as per post #1 image An alternative theory of engulfing, BUEG = close 1 > open 2 and high 1 > high 2 BEEG = close 1 < open 2 and low 1 < low 2
MTF Engulf / Engulf fail