Ok, this is example of engulfing pattern types and you could see that you can’t only rely on the pattern itself but you should also look at where this pattern show up and still need other references to make decision and that will make ‘late’ decision and increase your trading risk.

In the other hand, if you study the ‘wick’ formations,…[Read more]

Hi All,  too quite here lately.. lol,   hopefully all of you always in a great healthy and prosperity and always in happiness with your trading hobby.. 

Just record my progress in last Feb 2016

This is summary of February trades

Currently I’m in ‘temporary floating minus’ for approximately 4% of my current equity.. lol, but of cou…[Read more]