What is a Significant Engulfing Candle? | Forex
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http://www.forexreviews.info/what-is-a-significant-candle-and-how-to-trade-it/ - Want to know what a significant candle looks like and how to trade it. Well let me go over and reveal one of the most powerful ways of trading based on pure price action and strategy. For Updates - Get Email Updates - http://www.forexreviews.info/learn Facebook - https://www.facebook.com/forexreviewsdotinfo Twitter - https://twitter.com/forexdotinfo Google Plus - https://plus.google.com/+ForexreviewsInfo/posts By Watching this video and clicking the play button it means also that you agree to the disclaimer at the website here - http://www.forexreviews.info/privacy-and-disclaimer/
Comments
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so we have to wait in front of the screen to see a eligible engulfing candle telling us whether to buy/sell or stop the trade?
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Awesome videos and thx finally seeing the understanding of candles.
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You're good. I trade similar to you and i was totally missing the usage of engulfing candles on the daily timeframe. I more or less use the same targets to look for the moves from one point to the next but had trouble determining this. Engulfings have changed that i feel. Especially on the daily, i was looking on lower timeframes to catch the moves early before the daily showed so and sometimes it worked sometimes it wouldnt, i still want to be able to get down to atleast a h1 to catch these moves so i can get tighter stops, but thats a work in progress. If you do have any tips for catching the moves before the engulfing down on the h1, do let me know though, i will gladly purchase. Thanks
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hey I've been using Tradestation for the past four years but they switch all out f forex accounts to metatrader 4 is there any tutorial on the platform because I am struggling with it
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first of all i would like to say thanks to you because you are doing very good and your things are very good that you share with us but i have a question sir which indicator we can use with 15 chart can you please make a video on it if you make i would be very thankfull to you
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im intrigued by this stategy it looks good and easy but like others i get confused with certain aspects. Firstly what is the difference between a 'significant engulfing candle' and the 'engulfing' candle, does the 'significant' simply mean that it is much larger than the candle it engulfs or does it mean its significant because its an engulfing candle that has formed from a significant move, up or down from previous candles. Also your 'significant engulfing candle' pointed out on by the 5th arrow at 6.56 of the video does not even engulf any of the body of the previous candle this is confusing. You also seem to pick and choose what candles to trade and where to take your profits from, thats easy done when we can see the big moves after it I would like to buy the series however im now sick and tired of buying forex related stuff that turns out to be a bit crap and hence a waste of money. Do you still give a money back guarentee if i am not completey satisfied I am impressed with the reviews of this product and do you have a myfxbook that I could look at the results of your trading. Many thanks.
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Good job done here, I finished watching your entire engulfing pattern trader video this morning. Needless to say the strategy was great. I am a new trader and been making constant losses and want to change that. I hope your strategy is successful to me. Just now subscribed to your channel and will watch more videos of your strategies.
I have a question for you, since your strategy for engulfing pattern trader is for daily support and resistance doesn't that limit the chances of getting a possible trade a lot? As we know that daily movement are slow and it takes weeks for the price to reach daily support and resistance zones.
Furthermore, you have mentioned that you are using ICmarket as your broker. is it better than exness? -
A really great work i really appricate your efforts you have done for others these things are really work for i am very thankful to you
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Great Videos man. You gained a follower haha
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Is this usable on the higher timeframes aswell? Like if you have a part time job?
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What platform and broker do yu use?
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You deserve nice things
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Great vid, thanks Timon. Is it conservative if you went from the last lowest low, or highest high, and drew a line across to gauge the momentum?, some of the trades here have the same low/high candle, then a reversal candle, creating a level to hit.
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I am sad to see so many trolls on your page....Your teaching and strategies have helped me immensely. THANK YOU!!!
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thank for That but I have a question That you spring over alot of candle as well i dont know why its That
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Thankyou Stefan... I understand and see that now...
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Im still a bit confused on this strategy. It seems to have a lot of subjectivity in terms of entrances and exits (when to get in/out). Also i was a bit confused on the whole breakeven concept and it was not clear to me WHEN to move the stops to breakeven. Like I said a lot of discretion and subjectivity and as of now that would probably end up resulting in consistent losse using this strategy, although I very much want to use this in the market. Can you or someone please clear things up for me?
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hi timon, love your videos mate. just one questions my broker wont let me put in pending orders on this strategy because the order is to close to the market so I have been buying in at the market. do you normally buy in at the market or do you place orders a bit or spread out? thanks Michael
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Hi there, is it not better to trade with the trend, so if going up just buy bullish engulfing?
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thanks buddy, really really helpful, May god bless you :)