Opened long position at 2435.27 and closed at 2435.15 with small loss due to Doji candle at H1.

MTF Engulf / Engulf fail

Bullish engulfing candle is trying to show up. If candle close above 2430.78 then target is bearish engulfing zone in H1 at 2438.

MTF Engulf / Engulf fail

Please I have request that I am taking trades and trying to post my plan before next trade; can you keep an eye on my charts and let me know if I am doing something wrong. Thanks a lot. I am slowly getting used to smaller timeframes.

MTF Engulf / Engulf fail

Bullish engulfing candle in M15 closed at 2423 and Bearish M15 zone is at 2427 which was my target. Target hit. Two trades for today and both got hit TP.

MTF Engulf / Engulf fail

My next move to wait for engulfing candle in H1 engulfing zone. If bullish engulfing candle shows up then I will take target of 2440

MTF Engulf / Engulf fail

Bearish engulfing candle closed at 2436 so took short position and hit the target 2422.

MTF Engulf / Engulf fail

If bearish engulfing candle H1 shows up then I will take short position with target of 2422 which is bullish engulfing zone 2416-22 in H1.

MTF Engulf / Engulf fail

closed at 0.8560

MTF Engulf / Engulf fail

I have already short position running from 0.8576 at BE. If H4 candle closed above 0.8560 then I will close my trade because it is bullish engulfing zone.

MTF Engulf / Engulf fail

There is one scenario that if price pullback to D1 and H1 bullish engulfing zone 2386-96 then I will look for H1 bullish candle to take the trade.

MTF Engulf / Engulf fail

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MTF Engulf / Engulf fail

Agreed with you. I am starting to apply your method on my favourite pairs AUDCAD and EURGBP. Currency pairs and huge movements so initially I will focus on daily EG and EF. I will post charts later. I trade those pairs because those are best pairs ...

MTF Engulf / Engulf fail

This week was a good week. I am more comfortable in applying MTF engulfing method. I took 7 trades this week. 5 of them hit TP. One is closed at BE and one is closed manually in profit. I hope price turn back and start bearish trend. I am saying ...

MTF Engulf / Engulf fail

I took the trade ; it was risky for me but I set target of yesterday high and hit TP.

MTF Engulf / Engulf fail

H1 bullish engulfing candle has been generated but candle closed in daily bearish engulfing zone.

MTF Engulf / Engulf fail

closed at 2386. Now waiting for bearish engulfing candle to close below 2380.86 for short position with target of 2376.

MTF Engulf / Engulf fail

I am waiting for H1 bullish candle to close above 2381.16 to make bullish engulfing and if there is enough room then I will take trade with target of 2388

MTF Engulf / Engulf fail

That was nice summary of your system which explain how to execute the trade. Yes I am following it but sometimes distance is too close between H4 and Daily or H4 and H1 that I don’t wanna miss opportunity so I keep Daily timeframe as parent ...

MTF Engulf / Engulf fail

Your entries are really nice one. I was more careful in strong uptrend and waited for the price to come back into my daily engulf zone to take trade. Thanks and keep sharing.

MTF Engulf / Engulf fail

I took that trade after rejection on downslope line third time and closed below 2388. There was wick generated on daily chart at 2396-98 area. I was short from 2385 and closed at 2375 because it was my H1 engulfing zone.

MTF Engulf / Engulf fail