Check out the video in Members Area > Premium Resources: https://www.bearbulltraders.com/advanced-lesson-bearish-engulfing-crack-strategy/ Saw the setup twice today. Once on $BABA (semi-successful back to VWAP but just too choppy), and $MU (failed). I believe one factor that gives the move such downward momentum is that stops are being taken out on the 5-min chart (close of prior white candle), and 1-minute chart (loss of the 9 EMA). I was actually on the opposite end of a Bearish Engulfing Crack once. Went long $BSX on an Opening Range Breakup and was stopped out during the flush.

@ShoTrader suggested today in the chatroom we should start posting recaps by people in simulator. Se here is the deal, if you are in sim make your recap loaded with your learnings and insights, upload it to your youtube channel and post it in this thread. Make sure you explain the strategy / pattern, entries/ exits, reasons to entry / exit, risk:reward and your advice / tips to fellow traders. Fellow BBT members will provide feedback on your recaps. See this links as needed: How to Create a new Youtube channel How to Upload Youtube videos Download and install free software OBS Studio How To Record Video With OBS Microphone config in OBS Epic Pen (Free): Screen Marker and Desktop Annotation tool

Great explanation Robert! Today CHK showed a nice Bearish Engulfing Crack ...

Ok, lets start. Everybody here have great voice so don´t make fun of mine...

Out of topic :P, but I remember reading somewhere here in the forum that if you're down 6% of your account this month then go back to sim and trade next month, I believe setting some rules like these are really helpful, you said you know your bad habbits but they're out of control. If you watched Roberts psycology video when he was talking about someone who had problems not trading the first 5 minutes, and the advice was just to unplug his keyboard for 5 minutes, or the video where someone talked about texting das for additional improvement, you'll be able to control some of your problems. I'm not an expert again :P I've been trading in sim only for like 3 weeks, but let me try to give this piece of advice :D Text your das support, and ask them to close all your positions and stop you from trading once you're down 6% of your account for the month, and for the day if you're 3% down, although it's reasonable to make it 1/2%, but still sometimes you want to give yourself some space to trade. I believe you'll be able to make those 20% back, some traders are in much worse position. A lot of traders have problems with psycology, revenge trading, trying to make lost money back, but I believe that account management should be on the top of everything, one could have everything I listed trading one stock, but sometimes we should force ourselves to stop trading on that 6% and 3% maybe :DD And best of luck with trading! I hope you return back to green and build your account