Engulfing Trading Strategy
The engulfing pattern is fairly regular in its occurrence. Appearing regularly means that a lot of the time, it simply won’t work. Statistically speaking, candlestick patterns have a high failure rate, which is why we come with the idea to fade the engulfing bar pattern. Of course, candlesticks can indeed be useful--but advanced trading...
OK, here's the last part of the series. SPX is similar to DJI, DJT and IWM, they show the general situation and often sign what's gonna happen in the future of the market over all. If they collapse, everyone follows (even TSLA and BTC, as we experienced during this March, unfortunately). The lines and arrows are quite self explanatory, but read the notes on the...
