Robert H 453 Posted July 2, 2018 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. 3 2 Share this post Link to post Share on other sites
Abiel 474 Posted July 3, 2018 Great explanation Robert! Today CHK showed a nice Bearish Engulfing Crack ... 1 Abiel Guerra BBT Team [email protected] @abielguerra Find your answers in our Knowledge Base Share this post Link to post Share on other sites
Abiel 474 Posted July 7, 2018 A failed Bearish Engulfing Crack... the price never broke the previous candlestick range and with VWAP, YY level & MAs below was going to be difficult to crack... Abiel Guerra BBT Team [email protected] @abielguerra Find your answers in our Knowledge Base Share this post Link to post Share on other sites
Aiman 86 Posted July 7, 2018 3 hours ago, Abiel said: A failed Bearish Engulfing Crack... the price never broke the previous candlestick range and with VWAP, YY level & MAs below was going to be difficult to crack... I actually was waiting for a bearish ingulfing crack there, but I told my self that I better enter after it breaks the VWAP for a better entry, once it failed it at 9:45-10:00 especially that hammer candle I just went long and it was a good long! Share this post Link to post Share on other sites
Robert H 453 Posted July 9, 2018 $MSFT was a good example of this strategy today. Marcel Andre called it! Share this post Link to post Share on other sites
Robert H 453 Posted July 10, 2018 Not 100% Engulfing, still Cracked though Share this post Link to post Share on other sites
techguy911 2 Posted July 10, 2018 I called FB yesterday (the 9th) too on chat, the 2nd 5 minute candle. My best trade of the day. Share this post Link to post Share on other sites
Robert H 453 Posted July 12, 2018 Took $TWTR on Bearish Engulfing Crack but was stopped out on first try. Went back in for second attempt and rode momentum to low of the day (LOD). 1 Share this post Link to post Share on other sites
Robert H 453 Posted July 15, 2018 Here's one from yesterday that failed to crack below the MA's. I managed to get out near break-even for a mere 0.05/share loss. 1 Share this post Link to post Share on other sites
Abiel 474 Posted July 16, 2018 Double Bearish Engulfing Crack? Abiel Guerra BBT Team [email protected] @abielguerra Find your answers in our Knowledge Base Share this post Link to post Share on other sites
Robert H 453 Posted July 19, 2018 $IBM failed Bearish Engulfing Crack. Stopped out on first attempt. Caught the continuation crack toward LOD. Share this post Link to post Share on other sites
Robert H 453 Posted July 20, 2018 I couldn't get filled on $EBAY due to SSR. Tried 3 times during the engulfing candle and subsequent one to no avail. Gave up after it dropped below 34.7. It went to the low of the day! Share this post Link to post Share on other sites
Robert H 453 Posted July 26, 2018 $UAA had a decent drop after the Engulfing Candle. Same with $TAL before it reversed back to VWAP. Share this post Link to post Share on other sites
ejordan7 1 Posted July 26, 2018 Came here to post the $TAL trade as well. Was a good one! Right at the VWAP too for a super small risk. Share this post Link to post Share on other sites
Robert H 453 Posted July 31, 2018 Great example on $MU this morning. Many people in the room caught the move to LOD and beyond. Share this post Link to post Share on other sites
