High Level Accuracy Method With Little To NO Draw-down

AUDCHF H1

p/s not easy finding 2 perfect body with 1 engulfing need to be calm and wait

EU friday

p/s was this a long trigger setup

Actually you are right, most of his examples are not engulfing bars.

Thanks FXcyborg

USCAD M15
it good to buy?

Hi FXCyborg,
Sub'd and looking forward to learn & earn.
Thanks.

Hi FXCyborg, thanks for your thread and your sharing !
I'm subscribed and will see when and how I can add this to my trading...

I think that this was a correct setup on USDCAD H1 some days ago, do you confirm ?

It's just still not clear to me how would have you put the TP and SL, if you can give any direction on this one, I would appreciate. Thanks.

EURCAD 4hr (BackTest)

Good to SELL once price retraced back to that Zone. Tp at previous Structural low (1.50696).

Im not sure but i think you need accumulaion/structure/ranging action just before the candle pattern.
So cyborg correct me if im wrong. You need some sort of build up before pattern.

I don't know if I got it just right...but I think this may be of help. Cheers

For a person who is STILL on his demo account, with a 72 pip draw down on one of this trades, with a LOT of his trades in the 3 figure mark draw down and avg duration of a trade 3+ weeks (because you made a huge mistake and you held on to them in the hopes they would come back) you have the audacity to say all my examples are not Engulfing Bars? Mate, you've gone bonkers!

Furthermore you have the double audacity to claim you spent a fair bit of time learning candle formations? Then why is it you come here to troll a perfectly good thread when you don't even know what a Bullish or Bearish Engulfing Bar is? And claim to know it all? I know ALL the candle formations off the back off my hand. You Sir, do not.

For a start, you are learning from the wrong web site. That link is a COMMODITY Site, and the first image is a Bearish Dark Cloud Cover. You will see this as the 2nd image on that website contradicts the first image.

~~~~~~~~~~~~~~~

FACT:
A Bullish Engulfing Pattern is a two bar formation. The Open of the Bull Bar's price (2nd bar in its formation) will be the same as the Bear Bar's Close price, or more than or less than Bear Bar's Close and the Bull Bar's Close by a tiny margin will close Higher than the Bear Bar's open!

A Bearish Engulfing Pattern is a two bar formation. The Open of the Bear Bar's price (2nd bar in its formation) will be the same as the Bull Bar's Close price, or more than or less than Bull Bar's Close and the Bear Bar's Close by a tiny margin will close Lower than the Bull Bar's open!

Both in which the close and open can not be higher than the High or Low respectively of the first bar in its formation, or it will be classed as a Bearish/Bullish Dark Cloud Cover.

~~~~~~~~~~~~~~~

I suggest before you make a bigger fool of yourself - kindly learn what Bullish or Bearish Engulfing bar actually are (other people here do not struggle in locating these B.E patterns) - and when and where to act off them - I have over 200,000 hours of experience candle trading - you however claim to be trading since 2008 and you're STILL on a demo account and you call yourself a full time trader? Oh please mate - stop dreaming.

First, learn from the correct websites... a Majority of the websites out there are NOT FOREX charts. All the examples you're looking at are on Stock/Equity/Commodity charts and they have a tendency to jump higher or lower than the open of its previous bar - FACT!

In VERY rare instances do Forex Currency Charts do this. Unless there is some real volume that pushes it to do so, i.e, to create a Tasuki Gap or an Abandoned Baby.

I'm so sick and tired of people like this who DELIBERATELY come in and try to ruin a perfectly good thread. Well, not on my watch, Son!

I'm sorry but you have absolutely NO IDEA what on earth you are talking about. SMH!

The link you actually quoted from is a Bearish Dark Cloud Cover, they are very rare to come by on Forex Charts, yet on Stock/Equity/Commodity Charts they appear fairly often.

SMDH

Should clarify somewhat

I have to say, don't listen to anybody criticizing your thread, there is no absolute reason, you are just sharing something very interesting for free and it's a huge contribution to the community while who criticize never started a thread in their life...

Anyway, i love naked chart trading approaches and this seems very interesting, but it's getting more confusing every new post, i don't know guys what you define an engulfing candle but the setups you are sharing are not engulfing...

I might be asking too much but it could help everybody out if you could make a video explaining in depth the method.

Or try to rephrase it in a different way because it's definitely a bit confusing.

Thanks.

Thanks JayRally, It's very nice of you to come out and say so. It's very much appreciated.

It's quite obvious he still needs help, or he would not be popping back to this thread every other minute or so

Either way, as much as I detest Trolls, I wish him the best anyway.

ATB
P.S
I will not be doing any Videos , I'm sorry.
P.P.S
I want to say a BIG thanks to ALL the many PM's I've just received showing their appreciation.. Thanks - it's nice of you.

P.P.P.S
JayRally, I'm sorry if they come across as confusing, may I ask that you submit some examples and I will guide you through it Thanks