Bullish & Bearish Engulfing Bar Trading Strategy
English edition. Original (with comments): https://eacuu.xyz/post-15731.html.
Hello everyone.
My name is Yuya.
I'm Japanese and I'm not confident in English sentences, but I'm happy if you read them.
I trade only when Engulfing Bar appears.
Engulfing Bar means the following candlestick.
The images refer to the following sites.
https://forex-station.com/app.php/attach/file/3341976
Write a simple trading strategy.
★ For long
If "Bullish Engulfing Bar" appears near the support line, go long.
Loss cut is done by updating the low price of "Bullish Engulfing Bar".
Take profits near the resistance line.
For shorts, do the opposite.
In order to know the sign quickly, I made a simple indicator.
If "Bullish Engulfing Bar" and "Bearish Engulfing Bar" appears, it is an indicator that sounds an alarm.
And another person made it, but there is an indicator that skips the notification to "the discord" when an alarm occurs.
https://discord.com/
It's very convenient because it notifies you in real time.
Finally, the hourly bars where I see this sign are the 1-hour and 4-hour bars.
I usually work, so I don't like short bars such as 15-minute bars.
I will write about the trading of currency pairs that I was notified when I have time, so I will write it in this thread, so please take a look at it.
My name is Yuya.
I'm Japanese and I'm not confident in English sentences, but I'm happy if you read them.
I trade only when Engulfing Bar appears.
Engulfing Bar means the following candlestick.
The images refer to the following sites.
https://forex-station.com/app.php/attach/file/3341976
Write a simple trading strategy.
★ For long
If "Bullish Engulfing Bar" appears near the support line, go long.
Loss cut is done by updating the low price of "Bullish Engulfing Bar".
Take profits near the resistance line.
For shorts, do the opposite.
In order to know the sign quickly, I made a simple indicator.
If "Bullish Engulfing Bar" and "Bearish Engulfing Bar" appears, it is an indicator that sounds an alarm.
And another person made it, but there is an indicator that skips the notification to "the discord" when an alarm occurs.
https://discord.com/
It's very convenient because it notifies you in real time.
Finally, the hourly bars where I see this sign are the 1-hour and 4-hour bars.
I usually work, so I don't like short bars such as 15-minute bars.
I will write about the trading of currency pairs that I was notified when I have time, so I will write it in this thread, so please take a look at it.
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