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Old 08-12-2011, 02:14 PM
bluesdave bluesdave is offline
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Join Date: Jul 2008
Posts: 16
Default Price is everything

Hello all, just wanted to post some price configurations that l trade often. I am more or less a swing trader or range trader. They are essential enguilfing whipsaw patterns at key levels and and work well in my trading plan. I also reduce all noise from my charts as its just a distaction to me. Hope you see these too and take advantage. They occur on all tfs and any pair, Got some examples

http://i42.tinypic.com/15zmp8z.gif

http://i41.tinypic.com/24qsnrd.gif
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Old 08-29-2011, 04:54 PM
macrotrader macrotrader is offline
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Join Date: Dec 2009
Posts: 10
Default

Candles light a path in the darkness.

But to light a candle, you need a wick.

I am looking forward to seeing more charts and discussion about your trades. Welcome.

Some food for thought. Wouldn't a bearish engulfing pattern where the candle being engulfed also had a long upper shadow (wick), likely be more reliabe?
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