A Daily black body was formed during yesterday’s trading session.A Daily engulfing bearish line has formed (where a black candle's real body completely contains the previous white candle's real body). The engulfing bearish pattern is bearish during an uptrend. It signifies that the momentum may be shifting from the bulls to the bears. If the engulfing bearish pattern occurs during a downtrend (which appears to be the case with Euro Dollar / US Dollar), it may be a last engulfing bottom which…See More
a couple quick definitions to get the kick the cat hererr=risk/reward-the amount at risk compared as a ratio to the amount you makeopportunity-the amount of set ups a method gives you to enter the market in a period of timeexpectancy- the amount of pips( or whatever you want but pips is best ) you excpect to gain(lose) employing a method per pip riskedin order to profit in the long run you must have a positive expectancy, this is a must. the amount of positive expectancy you need to get any…See More
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