Here is engulfing next bar sell entry you can take profit

Here is engulfing next bar sell entry you can take profit

reader’s message

Thank you for watching candlestick trading video
sir you say —————

( It is very easy
engulfing candlestick appear
next bar open entry
+5 PIPS target
you can take profit)

sir please give me an example of this strategy also give me a video.



click here

Here is engulfing next bar sell entry you can take profitHere is engulfing next bar sell entry you can take profit

What are Candlestick Charts and How are They Used for Trading

Candlesticks were first used by the Japanese in the 17th century.
They were refined and developed into the candlestick charts used today in the early 1900s.
They have been given resurgence with the trading strategy known as ‘Price Action’.
This is a bare bones approach to trading where most of indicators are removed and ‘Price’ becomes paramount.

Like any trading system candlestick, should be used in conjunction with other indicators and methods that provide the context for decisions.
For example- overall trend and lines of resistance and support for previous price movements are some indicators for investing.
There is a lot of information already available about Candlestick trading and ‘Price Action.’
This article summarizes and condenses this information as a guide to the novice trader who may be considering using candlestick charts for their trading.
It particularly focuses on how time intervals such as 1-day, 4-hour, 1-hour, 15-minutes and 1-minute affect the interpretation of candlestick charts.
A candlestick summarizes the price data for one unit of time that you are interesting in – from 1-day to 1-hour to 1-minute.
A candle is constructed using the opening price, closing price, and high and low prices throughout the time interval.
The body of the chart is formed using the opening and closing prices.
The long thin lines above and below the body are referred to as ‘tails’, ‘wicks’ or ‘shadows’.
If the stock ranges above and below the opening price there will be a tail extending to the maximum and minimum closing price throughout the day.
If the stock closes higher than the opening price the candle is referred to as a bullish candle.
It is generally shown as ‘white’ or unfilled, or ‘green’.
If the stock closes lower than the opening price the body is shown as ‘black’, filled or ‘red’.

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