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Attachments: Engulf Bar Trading Journal
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Engulf Bar Trading Journal

  • Post #1
  • Quote
  • First Post: Jan 25, 2018 3:20am Jan 25, 2018 3:20am
All trades will be taken on H4 timeframe

I will be trading any inside or outside engulf Bar. This is for my own journal purpose.

First trade engaged shorted EURCHF hit TP +23pips
Attached Image
This are the trades that I took just now at the H4 candle closed
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hi dear,read this book,i highly recommend and im also following engulfing candle on daily and 4 H time frame.
Attached File(s)
File Type: pdf MarkShawzin_How-To-Trade-Forex-Like-A-Wall-Street-Pro.pdf   1.1 MB | 2,577 downloads


i will take trade the candle what will open after the engulfing candle ,it may be next or following candle and exit when wave alert or zigzag opposite arrow appears.
are u still doing day reversal trading? i am following that strategy as my primary strategy,engulfing bar will serve as an extra filter.

Green pips!
Quoting T4Trade
hi dear,read this book,i highly recommend and im also following engulfing candle on daily and 4 H time frame.{image} i will take trade the candle what will open after the engulfing candle ,it may be next or following candle and exit when wave alert or zigzag opposite arrow appears. are u still doing day reversal trading? i am following that strategy as my primary strategy,engulfing bar will serve as an extra filter. Green pips!
thanks, i will have a look. Ya i still trading the reversal strategy.
Do you trade on every engulfing bar? Cause the accuracy according to the analysis, is 48% to 52%, where bearish bar get 52% later, and bullish get bear 52% later.
Odd numbers are odd.
Quoting rapidace
Do you trade on every engulfing bar? Cause the accuracy according to the analysis, is 48% to 52%, where bearish bar get 52% later, and bullish get bear 52% later.
ytd was just the first try on demo. and all wiped out except AUDUSD

I will observe which engulf pattern mostly profitable. I think too many patterns lower the profitability. Once fit I will stick to that engulf pattern. Yesterday GBPUSD 2AM SGT engulf pattern seems promising. I will see how it goes. U can share yours too if u would like to
Trading candlestick patterns alone without any other confluence may slowly eat up your account. You may want to take into account other elements such as market structure or supply & demand for more confluence.
shorted this BEEG ytd and hit TP: +46pips
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shorted this BEEG this morning
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Quoting hzs10
shorted this BEEG this morning {image}
Hi, do you use an indicator to identify your IB's/OB's (with alert) or are you just manually identifying by watching a small set of pairs?
Quoting hzs10
shorted this BEEG this morning {image}
hit TP +79pips
Longed USDCAD BUEG yesterday
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Quoting hzs10
Longed USDCAD BUEG yesterday {image}
hit TP: +109pips
shorted GBPNZD
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Quoting hzs10
shorted GBPNZD {image}
hit TP: +122pips
shorted EURUSD & EURNZD
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shorted AUDUSD, GBPJPY
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Quoting hzs10
shorted AUDUSD, GBPJPY {image} {image}
GBPJPY hit TP: +102pips
Great result, what is the EMA on your chart for?
Odd numbers are odd.
  • Post #20
  • Quote
  • Last Post: Feb 7, 2018 2:01pm Feb 7, 2018 2:01pm
Hi I like to contribute by providing an indicator.

This indi is available from market.

You can turn off pinbar alerts if you want and keep only outside/inside bar alerts. My advice is to turn off the show "show names" option as well, it clutters the screen.

Keep "show target" option this will give you entry exit and sl. The sl is 1:2 negative rr so you can use what u want. I would use 1:1 rr


The only downside to the indicator is that it automatically uses its own template( black background and such)
Attached File(s)
File Type: ex4 Shepherd Price Action.ex4   196 KB | 704 downloads
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