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Ptu trend jumper trading system review
Once it has engulfed the prior candle, take the trade. Engulfing patterns dont have a specific profit target, therefore use a Fibonacci extension or a reward to risk ratio. Stops are placed above the high of a bearish engulfing pattern, or below the low of a bullish engulfing pattern. Hourly tendencies of each hour of the trading day. Posted in Forex Trading, Intro to Trading, Stock Trading.