Engulfing Candles Archives - FXMasterCourse

March 1, 2016 by Corvin Codirla 1 Comment

Bullish & Bearish Engulfing Bars (Part III)

This is the third article in the series on trading the Bullish and Bearish Engulfing candle stick patterns. Following on from Part I and Part II, we will look at trading the short signals for AUDUSD, EURUSD, GBPUSD, USDJPY, and USDCAD. Let’s recap the results for the long side: We used hourly rolling bars to […]

February 23, 2016 by Corvin Codirla Leave a Comment

Bullish & Bearish Engulfing Bars (Part II)

This is the second article in the series of trading the Bullish and Bearish Engulfing candle stick patterns. Following on from Part I, we will actually perform some backtests using the results we found in Part I. In Part I, we split up the analysis for long and short trades separately. Here we will keep […]

February 16, 2016 by Corvin Codirla 3 Comments

Bullish & Bearish Engulfing Bars (Part I)

Many people ask if there are any particular technical setups that I like to look at and what the best way to trade them is. My all-time favorite heavily involves Support and Resistance levels, and using these as breakout levels. The art lies in finding them and then managing trades appropriately. In this article we’ll […]

Equities Mean Reversion

Equities mean-reversion works right now. And as part of Building Consistently Profitable Trading Systems it forms a key component. In this article we’ll present the final version of the mean-reversion system to form part of the trading toolbox, and the final portfolio. It’s the Larry Connor’s RSI2 strategy. And it’s based on the two concepts we covered in Equities and Their Mean Reversion Habits:

Looking for a series of down days

Looking for reversion towards a short dated movi…

Equities Mean Reversion

Investing in Bonds

Of all things on this planet?! Aren’t they boring? Not explosive enough? Isn’t this stuff what old people invest in? Also, aren’t they supposed to start to sell-off? And how do you get your hands on these over the counter instruments. In the first article of this series on Creating Profitable Trading Strategies we started with the premise that you need to look at assets and their underlying biases. We covered equities. They’re exciting. Buffett makes 19.1% a year on them. An…

Why Would You Want to Invest in Bonds?

Would you like to build consistently profitable trading systems from scratch? This article series does exactly that. Here are the steps which we’ll work through:

Define the underlying principles of a successful trading approach

Determine the assets which obey these principles

Determine rule sets for trading these assets

Work out a straightforward portfolio construction method

That’s the theory. In this article-series we’ll go a step further and look at how to implemen…

Building Consistently Profitable Trading Systems – Principles of a Successful Trading Approach, Part 1

“Greed is good”, but one shouldn’t always assume that the counterparty won’t notice. Last Wednesday, 27th January 2016, was FOMC day, news event day, and the markets went ape. Following on from the previous articles the idea was to continue to exploit the observed quote outages and extract value. Turns out that (presumably as expected), brokers aren’t that slow on their feet. I was moved from B-book status (i.e. rookie / loser status) to A-book status. Let’s just say that exces…

FOMC Day: How the Golden Goose got cooked – Getting my A-book status

This is the second article in the series of trading the Bullish and Bearish Engulfing candle stick patterns. Following on from Part I, we will actually perform some backtests using the results we found in Part I. In Part I, we split up the analysis for long and short trades separately. Here we will keep to this approach. The justification is that there need be no symmetry between the long & short approach. This is especially true for equity systems, where bear markets have distinct dynamics f…

Bullish & Bearish Engulfing Bars (Part II)