I guess the most obvious question would not relate to the identification or trading of Inside Bar but more so Why a new thread?
While I am in no way taking away from the original 2 threads that contain all the information require they are however lacking in any real forward momentum.
What do I want out of this thread?
I have been a member of the current thread for over 12 months, which is not a great length in relative terms to most, however I am a big fan of the simplicity that it offers and have traded Inside Bars on a variety of timeframes for going on 12 months. What I want this thread to achieve is more in line with the interactive approach. That is posting potential trades are they occur which means to all there needs to be some charts and info on the trades.
Being the moderator of the thread I have some simple rules.
1) No bashing or negativity at all- If your not a fan, cant find a viable edge to trading them or you just enjoy the overcomplicated saga that is indicator trading then simple walk away. There is NO reason for you to post here and I will just have it removed anyway so forget it
2) Try to include charts to show what it is that you are looking at. Try to clearly outline what makes the bar in YOUR view, tradable. Not everyone is going to have an Inside Bar on there chart, let me repeat Not everyone is going to have an Inside Bar on there chart. This may be due to time differences and the way data is fed into your charts. That is fine, YOU need to trade what YOU have on your screen.
3) If you trade Inside Bars on a daily, hourly, 1 minute chart it does not matter. I personally like dailies. I read a comment somewhere before that if your where to take everything off a chart (time, price and labels) and just leave the core candles/bars there is a good chance that you would be unable to determine the timeframe that is currently infront of you. For that reason I have no problems and if you have found a time feed that has worked better for you because of your situation then by all means WELCOME.
4) Have some fun within this team environment. What you will get in return is positive feedback.
The current thread has moved away from, in my view, the initial idea and reasons. It was once an awesome thread that has unfortunatly of late lacked a purpose and has been filled with more negatives, which is the reason for the new thread.
If you are unsure about what it is all about then do some reading here and here and you should become pretty familiar with it all.
Also if you feel the need to have a number of 'icanttakeatradeuntilthislinecrossesthisline.indicators' then so be it, its not necessary but if your comfortable with it then by all means but when posting your charts try to have them as clear and easy to see. Please dont post charts that look like these.
I will add more to this opening message over time and I will also endevour to post my trades and thoughts that are relative to Inside Bars only.
Take care all and Welcome
Razor
While I am in no way taking away from the original 2 threads that contain all the information require they are however lacking in any real forward momentum.
What do I want out of this thread?
I have been a member of the current thread for over 12 months, which is not a great length in relative terms to most, however I am a big fan of the simplicity that it offers and have traded Inside Bars on a variety of timeframes for going on 12 months. What I want this thread to achieve is more in line with the interactive approach. That is posting potential trades are they occur which means to all there needs to be some charts and info on the trades.
Being the moderator of the thread I have some simple rules.
1) No bashing or negativity at all- If your not a fan, cant find a viable edge to trading them or you just enjoy the overcomplicated saga that is indicator trading then simple walk away. There is NO reason for you to post here and I will just have it removed anyway so forget it
2) Try to include charts to show what it is that you are looking at. Try to clearly outline what makes the bar in YOUR view, tradable. Not everyone is going to have an Inside Bar on there chart, let me repeat Not everyone is going to have an Inside Bar on there chart. This may be due to time differences and the way data is fed into your charts. That is fine, YOU need to trade what YOU have on your screen.
3) If you trade Inside Bars on a daily, hourly, 1 minute chart it does not matter. I personally like dailies. I read a comment somewhere before that if your where to take everything off a chart (time, price and labels) and just leave the core candles/bars there is a good chance that you would be unable to determine the timeframe that is currently infront of you. For that reason I have no problems and if you have found a time feed that has worked better for you because of your situation then by all means WELCOME.
4) Have some fun within this team environment. What you will get in return is positive feedback.
The current thread has moved away from, in my view, the initial idea and reasons. It was once an awesome thread that has unfortunatly of late lacked a purpose and has been filled with more negatives, which is the reason for the new thread.
If you are unsure about what it is all about then do some reading here and here and you should become pretty familiar with it all.
Also if you feel the need to have a number of 'icanttakeatradeuntilthislinecrossesthisline.indicators' then so be it, its not necessary but if your comfortable with it then by all means but when posting your charts try to have them as clear and easy to see. Please dont post charts that look like these.
I will add more to this opening message over time and I will also endevour to post my trades and thoughts that are relative to Inside Bars only.
Take care all and Welcome
Razor
