MTF 吞噬/吞噬失败 (MTF Engulf / Engulf fail)

- i use engulf for 2 candles as per picture 1 at the bottom.
- Engulf does not apply to 2 candles only, it can be in multiple candles variations as per picture 2 at the bottom.
eg. the same 2 candles engulf in d1 appears as multiple candles in h4.
- Engulf becomes Engulf Fail acting like a break of structure as per picuture 3 at the bottom.

some videos are not available anymore probably because of copyright issues.
years had passed, i can't remember what videos are those.
the most beneficial videos i find would be from egsolutionsfx and king zulfan.
search these 2 names from youtube or the internet.

Get to know the overall concept in these 2 videos.





The formula is this:

1. Market open
2. Key level (confluence of htf direction and trade control)
3. Entry pattern ef/eg retest

Rules
3 Time Frames Alignment in same Direction Set Up

(1) HTF Direction Set Up (W1, D1, H4 Engulf/Engulf Fail)



concept: of engulf / engulf fail flowing to the next engulf / engulf fail

https://www.forexfactory.com/thread/...7#post14608247
https://www.forexfactory.com/thread/...9#post14608979
https://www.forexfactory.com/thread/...3#post14610713

(2) Trade Control (H1, M30, M15 Engulf/Engulf Fail)
Also act as Road Blocks

When price pullback/returns to the htf h4 Engulf zone (the lowest direction time frame).
Drop down to h1 or m30 or m15 and find Trade Control Engulf/Engulf Fail set up at Current Market Price or at the back historically (more risky).
Or
take the Trade Control Engulf/Engulf Fail as the Trade Entry set up at Current Market Price as long as you are comfortable with the Stop Loss.
Entry upon retest of Engulf/Engulf Fail Trade Entry zone.
Stop Loss - candle close outside the trade entry eg/ef zone.
Take Profit - one or two opposite Engulf away or support / resistant.

(3) Confirmation Entry at Current Market Price (M15, M5 to M1 Engulf/Engulf Fail)

When price pullback/returns to Trade Control Engulf/Engulf Fail zone
Drop down to m15, m5 to m1 and find Engulf/Engulf Fail Trade Entry set up at CMP.
Entry upon retest of Engulf/Engulf Fail set up zone.
Stop Loss - candle close outside the trade entry eg/ef zone.
Take Profit - one (htf) or two (ltf) opposite Engulf away or support / resistant.

The ideal Trade Entry set up would be a combination of Engulf Fail first, then pullback to Engulf .
This would very much depend on the trader himself whether he has the discipline and patience to wait for it.

(4) The Importance of Market Open
Trade entry at the right price level and the right time.
https://www.forexfactory.com/thread/...5#post14930745



“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” — Aristotle
“Success is nothing more than a few simple disciplines, practiced every day.” — Jim Rohn