I can't find an exact definion of these terms. When I googled them I found a couple of definition, and I don't which of them are reliable.
In
http://www.investopedia.com/terms/b/...engulfingp.asp
there is no mention to open/close requirements
In this one
http://www.dailyforexjournal.com/pos...side-bars.html
there are precise open and close requirements
What is the right one?
In
http://www.investopedia.com/terms/b/...engulfingp.asp
there is no mention to open/close requirements
In this one
http://www.dailyforexjournal.com/pos...side-bars.html
there are precise open and close requirements
What is the right one?