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Hello all, I want to introduce a new method of trading. It is based on selecting the Strongest vs ...
Here, I have marked the 3 evening stars. If you notice the BODY of last candle completely engulfs the BODY of 1st candle.
Here I have indicated many engulfing bars. We consider shadows when we put the SL & TP targets.
Buddy, this is not a valid EB. Reason is written on the chart.
Here, there are 2 engulfing bars. 1st to the left did not worked. Whereas, the 2nd worked out.
TP = SL * 3 is hit in the following few days:
Now, here the Engulfing Bar occurs.
Here you see a clear down trend:
Hi, I think there is some confusion regarding color. I am posting a image that clearly shows that CAD is weakest in all smaller time frames. But JPY, GBP & CHF have been the strongest currencies in M1, M5 & M15 TFs respectively. I would have posted ...
Hello all, I want to introduce a new method of trading. It is based on selecting the Strongest vs ...