Daily Inside Bars | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Tick Bars and/or Range bars 5 replies

Create daily bars from hourly bars? 1 reply

Pin bars, Inside bars - PA on D1 and H4 anyone? 7 replies

I need Renko bars that also show inside bars 3 replies

Inside bars vs pin bars 3 replies

Attachments: Daily Inside Bars
Exit Attachments

Daily Inside Bars

  • #61
  • Feb 16, 2011 6:05am Feb 16, 2011 6:05am
Quoting Olu
There is an IB on the daily chart being formed as we speak

stoch is grossly overbought. A sell stop can be placed @9675 in order to catch a correction in the overbought status
Did you take this trade. I am short from 9687 and have tightened the SL to above yesterdays High. Not sure on what will happen but this is a classic example of weathering a small storm with the potential of great downside. SL being tightened represents a about .7-.8% loss should it move higher. First target would be a nice move below the 96 area but with the huge 1 hour spike perhaps there is something occuring that I am not aware off (Bank int, government douche bags doing something normal lol)

RT
  • #62
  • Feb 16, 2011 6:14am Feb 16, 2011 6:14am
Quoting Razor_trader
Did you take this trade. I am short from 9687 and have tightened the SL to above yesterdays High. Not sure on what will happen but this is a classic example of weathering a small storm with the potential of great downside. SL being tightened represents a about .7-.8% loss should it move higher. First target would be a nice move below the 96 area but with the huge 1 hour spike perhaps there is something occuring that I am not aware off (Bank int, government douche bags doing something normal lol)

RT
Charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3 hour IB 150211.jpg Size: 109 KB
Click to Enlarge Name: trade bar 160211.jpg Size: 17 KB
  • #63
  • Feb 16, 2011 7:52am Feb 16, 2011 7:52am
Off to bed now, the USD/CHF trade looks poised to hit my SL for another small setback, EUR/USD looks to be breaking downside so my IB break will be the short side as per the positioning relative to the weekly open price. If this holds down it will be a BEOB on the daily which is a good little confirmer that we may be heading lower EUR/USD, time will tell but so far not too much damage.

RT
  • #64
  • Feb 16, 2011 8:13am Feb 16, 2011 8:13am
by this new round of us$ strength.

Olu
If you think you can or cannot do it you are correct
  • #65
  • Feb 16, 2011 6:52pm Feb 16, 2011 6:52pm
Quoting Olu
by this new round of us$ strength.

Olu
yep same here, just to wake up and see that the market had another one of its tempory fits which stop me out, went a further 6 pips before tanking again. I went to bed probably an hour to early with the massive pin bar on the USD/CHF that resulted in me being out I could have traded to be back in but then again probably not.

The EUR trade missed execution but I am more dissapointed in not following my own rules for Pin Bar/IB combinations and now I may have missed a good entry point for long. I will see what happens though out today and see if there is not a point where I can safely manage a trade.

Total loss so far is .71%.

RT
  • #66
  • Feb 18, 2011 7:49am Feb 18, 2011 7:49am
End of the week, just holding the 1 trade at the moment and it has weather some brutal close call. 3 hourly IB that was picked up the other day. I was close to cancelling this call for a break to a high but kept it too see what the pin bar produced. As mentioned it hasnt been smooth sailing but we have now broken the trendline and I have taken some off the table before the weekend and will move SL to BE before going to bed in about 30 mins. I have removed enough to close out the week from a total BE POV which leaves a good piece left to run.

Take care and enjoy your weekend

RT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3 Hour IB 160211.jpg Size: 228 KB
Click to Enlarge Name: 120111 IB trade cont.jpg Size: 235 KB
Click to Enlarge Name: Trade bar 170211.jpg Size: 9 KB
  • #67
  • Mar 24, 2011 12:51pm Mar 24, 2011 12:51pm
Aaaahhhh These don't happen every day...

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp110324h1.gif Size: 30 KB
Gone to a better place
  • #68
  • Mar 24, 2011 1:43pm Mar 24, 2011 1:43pm
Hi Razor Trader,hope you don't mind me joining in.
Aussie 1 hr right at 7 am open,up up and away.
If only it was always as obvious as this.
I think Peter would love this one.
Attached Image
You can remain irrational longer than you can remain solvent.
  • #69
  • Mar 24, 2011 2:04pm Mar 24, 2011 2:04pm
I missed the Aussie trade,i was playing the Swissy one
instead,the call was made on the Swissy thread.
Attached Image
You can remain irrational longer than you can remain solvent.
  • #70
  • Mar 24, 2011 5:52pm Mar 24, 2011 5:52pm
Nice charts guys.

Feel free to pop by anytime. I havent personally taken any IBs over the past few weeks but have been trading breakouts with some good success.

Take Care

RT
  • #71
  • Mar 25, 2011 7:05am Mar 25, 2011 7:05am
Inside bar setting up to the short side.
Bit slow for my liking though.
Attached Image
You can remain irrational longer than you can remain solvent.
  • #72
  • Mar 25, 2011 7:22am Mar 25, 2011 7:22am
Quoting jezek5
Inside bar setting up to the short side.
Bit slow for my liking though.
This is slow ,made some pips and done cause
its Friday.
It might test the breakout line and keep going but
this is crap today.
Note-looking at the 5 min its just tested and is moving down.
Attached Image
You can remain irrational longer than you can remain solvent.
  • #73
  • Mar 25, 2011 7:35am Mar 25, 2011 7:35am
Quoting jezek5
This is slow ,made some pips and done cause
its Friday.
It might test the breakout line and keep going but
this is crap today.
Note-looking at the 5 min its just tested and is moving down.
I personally see at least 1.41 coming into play and then a break of there could see retest of the lows from this week. I am kinda short term bearish to 1.40, there's good support there but I am also out of the market after a solid week, no point just getting in to trade Friday which I dont tend to do much. You just never know whether there are going to be large late swing due to profit taking etc.

RT

Good to see a small audience gathering. I will have to pull my finger out and do some charting for IBs next week and see if I can pull out a few good trades
  • #74
  • Mar 25, 2011 7:35am Mar 25, 2011 7:35am
Quoting jezek5
This is slow ,made some pips and done cause
its Friday.
It might test the breakout line and keep going but
this is crap today.
Note-looking at the 5 min its just tested and is moving down.
Scalp them or long play them.
Just wait for the right ones.
You can remain irrational longer than you can remain solvent.
  • #75
  • Mar 25, 2011 7:38am Mar 25, 2011 7:38am
Quoting Razor_trader
I personally see at least 1.41 coming into play and then a break of there could see retest of the lows from this week. I am kinda short term bearish to 1.40, there's good support there but I am also out of the market after a solid week, no point just getting in to trade Friday which I dont tend to do much. You just never know whether there are going to be large late swing due to profit taking etc.

RT

Good to see a small audience gathering. I will have to pull my finger out and do some charting for IBs next week and see if I can pull out a few...
I like it here,and anyone who's mates with Petercrown & therealdeal
ranks high in my book.
Cheers RT.
You can remain irrational longer than you can remain solvent.
  • #76
  • Mar 25, 2011 5:55pm Mar 25, 2011 5:55pm
Quoting jezek5
Scalp them or long play them.
Just wait for the right ones.
I have been doing a lot more short term stuff lately, trading small breakouts with a fixed target in mind, usually some 25-30 pips with a 30 pip SL and then shrinking the risk bar by bar. It has been working out quite well off the 15 min charts. I still use higher TF bias to try to minimise the poorer trades as well as a few other things to help keep out of flat markets.

These last 2 weeks have been pretty swell with a total 9.46% increase to move me to 5.58% increase overall since Jan. Not a bad start considering in most cases I am risking far less than 1% per trade while I am working out the exact criteria for how I am going to play the lower TF trades. I also have really only traded for a combined total of 3 perhaps 4 weeks as I have been busy with my small business. For most those numbers are not impressive which is why I dont bother too much these days.

I wish you all the best. BTW we got the break below 1.4100, tough to ride though at the start with little movement plus there are plenty more around the corner.

RT
  • #77
  • Mar 29, 2011 2:18am Mar 29, 2011 2:18am
Rejection of lower breakout of inside bar suggests
we now test the top side ,i got long at 4095.
4110 needs to hold.
Attached Image
You can remain irrational longer than you can remain solvent.
  • #78
  • Mar 29, 2011 2:25am Mar 29, 2011 2:25am
Just to show you what i'm looking at.
Attached Image
You can remain irrational longer than you can remain solvent.
  • #79
  • Mar 29, 2011 2:57am Mar 29, 2011 2:57am
Quoting jezek5
Just to show you what i'm looking at.
hiya

how do you get those inside bars colored as blue and outside ones as red...could you share the indicator if any...thanks in advance
Raza
  • #80
  • Mar 29, 2011 3:25am Mar 29, 2011 3:25am
Quoting shr5
hiya

how do you get those inside bars colored as blue and outside ones as red...could you share the indicator if any...thanks in advance
Hi shr5,sure its an indi,it just paints the bars,
makes it easier on the eyes.
I don't know how to post it here but its called " in&out ",
its on one of the threads here at FF,so should be easy to find.
If you can't find it let me know and i'll go and find it for you.
You can remain irrational longer than you can remain solvent.
0 traders viewing now