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    Key Point #1: How Professional Traders Relate to Support and Resistance Levels

    Anyone who has seen how professional traders trade know they often place their orders ahead of time and less often do market orders. A general theme that shows up is about 70+% of all institutional orders are placed at prices ahead of time, while <30% are market orders. Now every institution...
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    All Candlestick You should know 2.50 star(s) 2 Votes

    Single: doji; dragonfly doji, gravestone doji. bearish candle, bearish candle, hammer pin bar, shooting star Double: tweezer top, tweezer bottom, bullish engulfing, bearish engulfing, harami Triple: morning star, evening star, three white horse,
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    How To Trade Englfing Bars

    The most practical and widely used way to trade these bars is to simply place a pending entry order a few pips above the high of a bullish engulfing bar and a few pips below the low of a bearish engulfing bar. The safest position for a stop loss is a few pips above the opposite end of the bar.
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