Candlestick Trading Strategies: Engulfing Bar Setup: A Simple Price Action Candlestick Trading Strategy for Consistent Profits
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Candlestick Trading Strategies: Engulfing Bar Setup: A Simple Price Action Candlestick Trading Strategy for Consistent Profits
Discover A Simple Price Action Candlestick Trading Strategy For Consistent Profits
The engulfing bar setup is a candlestick pattern with two candles that offers extremely reliable trading signals. This book will take you through a concise step-by-step strategy for price action trading using the engulfing bar setup.
Here are some of the specifics you'll learn...
- What the engulfing bar setup is and how it differs from other price action trading strategies (like the pin bar setup)-- Chapter 1
- The 2 different types of engulfing bar setups and what kind of price movements that they predict-- Chapter 2
- Warning! Here's a critical mistake that could result in large trading losses (and how to avoid it!)-- Chapter 2
- The 4 key features of the engulfing bar setup and a candlestick chart example-- Chapter 2
- A complete 4-step trading strategy using the engulfing bar setup, including very specific entry and stop placement guidelines-- Chapters 3 & 4
- Tips and techniques for increasing your winning percentages or minimizing your risk of loss-- Chapter 4
- Why support and resistance levels should be used in conjunction with engulfing bar setups for maximum profit-- Chapter 5