Tags Posts tagged with "Candlesticks"

Candlesticks

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You may have seen there are countless articles on the web declaring engulfing strategies are a sure bet and offer high probability trade opportunities. But does this approach really work? In this article I will do a thorough analysis of the data to prove if this method really stacks up.

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Because of their properties hammer candles are a useful trading signal in two situations: Trend reversals and retrace scalping.