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Inside Bar Trading System
11 years 3 months ago #11446
by ronnie
Replied by ronnie on topic Inside Bar Trading System
Hi Rab,
I still do the inside bar trading but like you I only do it now and then. Its been ok for me, I think its more of a long-term system so you do need patience.
It sounds like your doing really well having done a 100 trades without losing money, if its working then thats great!
If you wanna try something different, I know that some people are doing the 1-hour system on the FTSE, if you are interested have a look at that one under trading systems forum. Again that one is for long-term also.
I still do the inside bar trading but like you I only do it now and then. Its been ok for me, I think its more of a long-term system so you do need patience.
It sounds like your doing really well having done a 100 trades without losing money, if its working then thats great!
If you wanna try something different, I know that some people are doing the 1-hour system on the FTSE, if you are interested have a look at that one under trading systems forum. Again that one is for long-term also.
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11 years 3 months ago - 11 years 3 months ago #11444
by Rab Munro
Replied by Rab Munro on topic Inside Bar Trading System
Hi Ronnie,
Are you (or anyone else ) still using this system? I have been using it on and off for the last 12 months, when I have time. It has been teaching me the discipline of recording my trades and placing automatic stops and limits. I have only made a small profit, but the important thing is that I now have over 100 trades behind me without losing money, and that was all my original goal was! Now that I can do that, I'm wondering whether I should keep using this system or look for something more sophisticated. So, does anyone out there use this as a sole strategy and can report any long-term success?
Are you (or anyone else ) still using this system? I have been using it on and off for the last 12 months, when I have time. It has been teaching me the discipline of recording my trades and placing automatic stops and limits. I have only made a small profit, but the important thing is that I now have over 100 trades behind me without losing money, and that was all my original goal was! Now that I can do that, I'm wondering whether I should keep using this system or look for something more sophisticated. So, does anyone out there use this as a sole strategy and can report any long-term success?
Last edit: 11 years 3 months ago by Rab Munro.
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13 years 1 month ago #3060
by Broad-rock
Replied by Broad-rock on topic Inside Bar Trading System
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13 years 1 month ago #3059
by Broad-rock
Replied by Broad-rock on topic Inside Bar Trading System
Hi Ronnie thank you for the link, and as you say it doesn't highlight the inside bar but
they are not hard to spot, tried it out and I am pretty pleased, and will carry on
testing for a bit. But below is a link to Eur Chf which had an inside bar or 2, I have used
a 13ema and 21ema, and noticed retest of support + consolidation of price which gave
clear entry and stop loss, some fibs and ewt for good measure and thats a decent trade,
with possibly more to come.
dl.dropbox.com/u/43650856/EUR%20CHF%20-%20Inside%20bar.htm
they are not hard to spot, tried it out and I am pretty pleased, and will carry on
testing for a bit. But below is a link to Eur Chf which had an inside bar or 2, I have used
a 13ema and 21ema, and noticed retest of support + consolidation of price which gave
clear entry and stop loss, some fibs and ewt for good measure and thats a decent trade,
with possibly more to come.
dl.dropbox.com/u/43650856/EUR%20CHF%20-%20Inside%20bar.htm
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13 years 1 month ago #2908
by ftse80
Replied by ftse80 on topic Inside Bar Trading System
Ronnie
it does highlight, I got one from remo that is in Expert advisor format, so once your scanner find the stocks with IB you can open expert advisor and it will highlight for you( not sure if is working correctly, but it does highlight)
it does highlight, I got one from remo that is in Expert advisor format, so once your scanner find the stocks with IB you can open expert advisor and it will highlight for you( not sure if is working correctly, but it does highlight)
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13 years 1 month ago #2904
by ronnie
Replied by ronnie on topic Inside Bar Trading System
it gives you a list of companies or currencies that have inside bars but when you open the chart it is not highlighted, so not great..something that needs improving.
The link you need is:
www.dropbox.com/s/pmysnmciikb5hot/CV%20Inside%20Bar%20Scan.exe
The link you need is:
www.dropbox.com/s/pmysnmciikb5hot/CV%20Inside%20Bar%20Scan.exe
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