Interbank FX does not show one.
3 Bar Fractal with mid-bar and bar on each side 11 replies
Inside Bar Trading Revisited 871 replies
Inside bar or outside bar identifier 7 replies
Journal related to: Advanced Inside Bar (IB) Trading 19 replies
Pin bar, pin bar, pin bar 0 replies
DislikedLike Jim Says:
Remember to trade in a size that allows you to take partial profits and allow part to run.. One of the benefits of IB's is that they act like a coiling spring. They usually break with a bit of energy and momentum that allows us to quickly take a partial profit and minimize risk. Doing this will make a big difference in your bottom line. It will turn a big share of your negative trades into Breakeven trades, thus protecting your account. It works especially well with IBs.Ignored
DislikedThanks for this bit of info. I checked out your profile also, great list of books!Ignored
DislikedHope HH doesn't mind me chiming in on this--I posted part of it in another thread:
Sometimes you'll get several IB's in a session and you need to compare them. I know my account won't bear taking them all on an active session. I look at:
A) price up or down on the day (or as we call it here, The Trend of The Moment)
b) How far has each signalled pair moved during the session (I want the one moving the most)
c) What is the risk? (One of the most appealing aspects of this is low risk) Sometimes the Geppy bars are so long that you...Ignored
DislikedThanks for this post.
Can you expound a little more on the "Trend of the moment"?
How this "trend" can affect the trading of IB.
Look to the chart below. If considering this rule I would not take this trade short. Am I right?
RamonIgnored
DislikedUsdJpy just setup and gave a nice trade. I'm up 25pips, took half off the table and B/E with the rest.Ignored
DislikedBut what would be even nicer is to talk about them before they happen. Dont be afraid to call an IB when you see one.
JimIgnored
DislikedHow's about I show a picture then... And I'll try to post before the trade happens. I was just on the phone at the time that's all.Ignored
DislikedI see a setup on EJ, but Iwouldnt touch it with a ten foot pole.
JimIgnored