Engulf Bar Trading Journal | Forex Factory

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Engulf Bar Trading Journal

  • #1
  • First Post: Jan 25, 2018 2:20am Jan 25, 2018 2:20am
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
  • #2
  • Jan 25, 2018 4:28am Jan 25, 2018 4:28am
This are the trades that I took just now at the H4 candle closed
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB
  • #3
  • Jan 25, 2018 1:50pm Jan 25, 2018 1:50pm
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 | 2,899 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!
  • #4
  • Jan 25, 2018 7:00pm Jan 25, 2018 7:00pm
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.
  • #5
  • Jan 25, 2018 8:13pm Jan 25, 2018 8:13pm
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.
  • #6
  • Jan 25, 2018 11:09pm Jan 25, 2018 11:09pm
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
  • #7
  • Jan 26, 2018 11:48am Jan 26, 2018 11:48am
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.
  • #8
  • Feb 2, 2018 5:17am Feb 2, 2018 5:17am
shorted this BEEG ytd and hit TP: +46pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB
  • #9
  • Feb 2, 2018 5:18am Feb 2, 2018 5:18am
shorted this BEEG this morning
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 35 KB
  • #10
  • Feb 2, 2018 7:33am Feb 2, 2018 7:33am
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?
  • #11
  • Feb 2, 2018 8:21am Feb 2, 2018 8:21am
Quoting hzs10
shorted this BEEG this morning {image}
hit TP +79pips
  • #12
  • Feb 5, 2018 7:12pm Feb 5, 2018 7:12pm
Longed USDCAD BUEG yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 35 KB
  • #13
  • Feb 5, 2018 11:01pm Feb 5, 2018 11:01pm
Quoting hzs10
Longed USDCAD BUEG yesterday {image}
hit TP: +109pips
  • #14
  • Feb 6, 2018 2:55am Feb 6, 2018 2:55am
shorted GBPNZD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
  • #15
  • Feb 6, 2018 7:53am Feb 6, 2018 7:53am
Quoting hzs10
shorted GBPNZD {image}
hit TP: +122pips
  • #16
  • Feb 6, 2018 9:19am Feb 6, 2018 9:19am
shorted EURUSD & EURNZD
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot2.png Size: 33 KB
  • #17
  • Feb 7, 2018 2:05am Feb 7, 2018 2:05am
shorted AUDUSD, GBPJPY
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 29 KB
Click to Enlarge Name: Screenshot2.png Size: 32 KB
  • #18
  • Feb 7, 2018 9:06am Feb 7, 2018 9:06am
Quoting hzs10
shorted AUDUSD, GBPJPY {image} {image}
GBPJPY hit TP: +102pips
  • #19
  • Feb 7, 2018 12:20pm Feb 7, 2018 12:20pm
Great result, what is the EMA on your chart for?
Odd numbers are odd.
  • #20
  • Last Post: Feb 7, 2018 1:01pm Feb 7, 2018 1:01pm
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 | 986 downloads
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