Disliked{quote} True for the engulfing, but as you mentioned it's not always the case. So I'm not sure I should mention it. About the RRR, the majority of my trades is 1:2. But sometimes, when the price movement is really strong and the level small, you can see the the price has a lot of room to move. In this cases I go for 1:3. You can see the first chart in my first thread for a good example of a 1:3 trade. {quote} You got the basic idea right, but your levels are not always excluding the right candles' shadow. I think my explanation was not really clear…....Ignored
There are a lot of tails
like this supply level on usd/cad
but i will try again and back to you