i like trading breakouts of daily inside bars, having the trend behinde me (i realy like them if the breakout it's counter to the trend, but after some time price is going back in the direction of the trend, giving a slap on the face to everyone that put the stop to the low/high of the bar) i enter with a bigger position after market hit the stop loss of rest of traders.
p.s. i know someone how used to trade with 120 daily donchian channel and using sma50 as trailing stop (i don't trade like that, but if you will check you will find that the breakout from this inside bar it's also the breakout of the 120 daily low donchian channel in this case)
p.s. i know someone how used to trade with 120 daily donchian channel and using sma50 as trailing stop (i don't trade like that, but if you will check you will find that the breakout from this inside bar it's also the breakout of the 120 daily low donchian channel in this case)
Price itself it's an indicator