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Engulfing candle pattern

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Culun

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Quote from: Ellashabets on February 23, 2019, 11:33:19 AM
when an egulfing candle is formed, we can enter buy or sell orders.

my understanding is like that.
In various trading tutorials, there are those that reveal if a 2 candle formation can still be said to be Bullish Engulfing, even though the bearish candle axis is not ‘consumed’ by a bullish candle. This example is shown in figure (1) below. Meanwhile, there are also those who argue if the bullish candle determines it does not need to be created immediately after the appearance of a bearish candle.


Quote from: Hesti on February 23, 2019, 11:37:58 AM
In what time frame we can use this method ?
All Time farme
#16 - February 23, 2019, 02:55:39 PM

Hesti

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Quote from: Culun on February 23, 2019, 02:55:39 PM
In various trading tutorials, there are those that reveal if a 2 candle formation can still be said to be Bullish Engulfing, even though the bearish candle axis is not ‘consumed’ by a bullish candle. This example is shown in figure (1) below. Meanwhile, there are also those who argue if the bullish candle determines it does not need to be created immediately after the appearance of a bearish candle.

All Time farme
Is this not too risky if we use on small time frame ? How about fake engulfing ? 
#17 - February 23, 2019, 02:57:54 PM

Culun

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Quote from: Hesti on February 23, 2019, 02:57:54 PM
Is this not too risky if we use on small time frame ? How about fake engulfing ?
a small time frame, you can change the strategy that you normally do.
for example you are trending long time, with a small frame you can change the strategy with scalping techniques
#18 - February 23, 2019, 03:03:29 PM

Hesti

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Quote from: Culun on February 23, 2019, 03:03:29 PM
a small time frame, you can change the strategy that you normally do.
for example you are trending long time, with a small frame you can change the strategy with scalping techniques
Oh I see ,With this tehnic where we should put stop loss and take profit ?
#19 - February 23, 2019, 03:39:12 PM

Culun

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Quote from: Hesti on February 23, 2019, 03:39:12 PM
Oh I see ,With this tehnic where we should put stop loss and take profit ?

right, you can determine take profit and stop loss. in accordance with the margin provisions you have a maximum of 1000 points.
#20 - February 24, 2019, 06:08:58 PM

Dewi Lanjar

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the emulation pattern is quite accurate especially if it is found in a large time frame.
#21 - July 24, 2019, 04:26:03 AM

endog dadar

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I also really like this pattern because it's very accurate.
#22 - July 24, 2019, 05:30:09 AM

Utopia

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the candle candle is indeed very good, so this pattern becomes a favorite pattern.
#23 - July 24, 2019, 05:48:23 AM

wiro

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lots of candles are discussed and indeed quite good and accurate.
#24 - July 24, 2019, 06:25:59 AM

Zeon

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I often use an English pattern for my analysis material.
#25 - July 24, 2019, 06:37:26 AM

Janur

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indeed there are several types of patterns that often make us confused.
#26 - July 24, 2019, 06:41:57 AM

Gissele

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thank you for the explanation about the pattern of engineering, I became more understanding.
#27 - July 24, 2019, 07:02:46 AM

damari

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patterning although it is hard to find but the accuracy is very good.
#28 - July 24, 2019, 08:41:28 AM

Matta

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same as the pinbar pattern, printing is also quite accurate.
#29 - July 24, 2019, 09:02:16 AM

Scalpingfx

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.
for those who already understand and often analyze using a candlestick I think it fits. but for those who don't necessarily have to study.
#30 - July 24, 2019, 09:20:02 AM
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