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- peterhenders replied May 29, 2020
I didn't take that engulfing trade because the low of that candle was not taken out- but I did take the 20ema bounce. And I didn't say how great Steve is or isn't as I simply described his view on an engulfing pattern. Now for you as a tosser, ...
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
He's only learning and I think he's got tangles up with his babypip fails
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
Reference to Steve Nison engulfing pattern: Two candles composing the engulfing pattern should be the opposite color and the 2nd real body must engulf the prior real body....It need NOT engulf the shadows or wicks ( page 43 Japanese Candlestick ...
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
IF you want to use the ma's. I didn't have them because I don't use them but I mentioned it to help others. AND, why is that NOT a bearish engulfing Pattern. Can you please explain MR F'n Expert
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
Here is one from yesterdays Candle, we will see how this one goes
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
your NOT using your eyes, read the post prior to the charts as there are more than one type of engulfing patterns and please show what patterns are not engulfing. You have pointed out ONE failed pattern so your 99% out with the 21 patterns I have ...
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
if you feel that this thread is not for you then move on
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
ok Knob, you found one fault, now open your eyes and go through the charts to find more-look at the chart I posted and match that
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 28, 2020
show the chart now and stop hiding facts
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 27, 2020
Just for some kind thoughts I'll add my view with the engulfing pattern. I'm not one for the lower time frames, because I have a wife lol, so I'll base this post from the 4hr and daily charts. There are two types of engulfing patterns - One is the ...
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 27, 2020
good stuff mate because as you can see there was more than one engulfing bar on the chart you posted. All the best mate
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 27, 2020
Hello mate, I've been trying to get back to you- my computer f/n crashed and I lost every thing on it
Market Maker Method
- peterhenders replied May 27, 2020
great setup mate and just for some reference- If you use a moving average ( 20,30, 50 or whatever) you can take all engulfing patterns that agree with the direction of the moving average. Do some back testing and you will reap the rewards.
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 27, 2020
Do your own back testing Tom with the engulfing patterns because they do work if you know where and when to trade them-on all-time frames especially 4hr and daily
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 27, 2020
nothing works in a ranging market. And, read again where to take the engulfing pattern.
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade
- peterhenders replied May 27, 2020
lets see what happens, if there can be an add on or a continuation of the thread....Any one else in?
Daily Chart 3-Candle
- peterhenders replied May 27, 2020
thanks for your reply Birdland, but why cant we restart the thread
Daily Chart 3-Candle
- peterhenders replied May 26, 2020
if you think the big guys or sharks trade with all them indicators you better think again because they can see their screen.
Market Maker Method