Simple Inside Bars

foredog · Nov 12, 2008, 11:07am

More lows on the 1400 bar

New stop 15295 (15367-15223 = 144/2 = 72)

Cable plunging to new lows again, so much for me expecting a bounce! Just show you should trade what you see not what you think!

New stop 15254 ( 15295 - 15213 = 82/2 = 41)

Stop will now stay at this level until tomorrow when well either have been hit or look for more lows.

so far if the stop gets hit we'll have taken 514 pips for a 55 pip risk, that's over 9:1 not a bad return

foredog · Nov 13, 2008, 3:12am

More lows on the 1400 bar

New stop 15295 (15367-15223 = 144/2 = 72)

Cable plunging to new lows again, so much for me expecting a bounce! Just show you should trade what you see not what you think!

New stop 15254 ( 15295 - 15213 = 82/2 = 41)

Stop will now stay at this level until tomorrow when well either have been hit or look for more lows.

so far if the stop gets hit we'll have taken 514 pips for a 55 pip risk, that's over 9:1 not a bad return

foredog · Nov 13, 2008, 3:22am

6am open 14885

There was an inside bar from the 5am and 6am bars but i didn't catch this

We're still in our trade and the market made a new low with the 7am bar so moving stop

New stop 15082 (15254-14910 = 344 /2 = 172)

JTrader · Nov 13, 2008, 4:15am

This simple inside bar turned out well.

foredog · Nov 13, 2008, 5:33am

Shot.

foredog · Nov 13, 2008, 6:04am

WE now have a buy signal

9am bar 14893 - 14993

10am bar 14905 - 14951

So stop buy order placed to buy 5.4 contracts at 14955 (293/54 = 5.426) Stop loss at 14901

I have used the previous balance as our profits from the short trade have not been booked yet.

I have now moved the stop on the short to 14955 as this is a reversal signal.

options · Nov 13, 2008, 6:11am

JT You do realise that you have 'nicked' Wasps recent signature don't you.

Don't make him come round there. He's a big bloke!

JTrader · Nov 13, 2008, 6:14am

Quote:

Originally Posted by options

JT You do realise that you have 'nicked' Wasps recent signature don't you.

Don't make him come round there. He's a big bloke!

I know wasp i do. I did get that quote from him, but he didnt have the copyright so finders keepers!

Nov 12, 2008, 11:07am	#65
foredog Legendary Member Member Since Oct 2007 1,885 Posts	Re: Simple Inside Bars More lows on the 1400 bar New stop 15295 (15367-15223 = 144/2 = 72) Cable plunging to new lows again, so much for me expecting a bounce! Just show you should trade what you see not what you think! New stop 15254 ( 15295 - 15213 = 82/2 = 41) Stop will now stay at this level until tomorrow when well either have been hit or look for more lows. so far if the stop gets hit we'll have taken 514 pips for a 55 pip risk, that's over 9:1 not a bad return __________________ IF IN DOUBT GET THE **** OUT! No need for a course http://www.trade2win.com/boards/gene...tml#post707344 Simple cable system http://simpledibs.blogspot.com/ http://www.trade2win.com/boards/trad...side-bars.html

Nov 13, 2008, 3:12am	#66
foredog Legendary Member Member Since Oct 2007 1,885 Posts	Re: Simple Inside Bars More lows on the 1400 bar New stop 15295 (15367-15223 = 144/2 = 72) Cable plunging to new lows again, so much for me expecting a bounce! Just show you should trade what you see not what you think! New stop 15254 ( 15295 - 15213 = 82/2 = 41) Stop will now stay at this level until tomorrow when well either have been hit or look for more lows. so far if the stop gets hit we'll have taken 514 pips for a 55 pip risk, that's over 9:1 not a bad return __________________ IF IN DOUBT GET THE **** OUT! No need for a course http://www.trade2win.com/boards/gene...tml#post707344 Simple cable system http://simpledibs.blogspot.com/ http://www.trade2win.com/boards/trad...side-bars.html

Nov 13, 2008, 3:22am	#67
foredog Legendary Member Member Since Oct 2007 1,885 Posts	Re: Simple Inside Bars 6am open 14885 There was an inside bar from the 5am and 6am bars but i didn't catch this We're still in our trade and the market made a new low with the 7am bar so moving stop New stop 15082 (15254-14910 = 344 /2 = 172) __________________ IF IN DOUBT GET THE **** OUT! No need for a course http://www.trade2win.com/boards/gene...tml#post707344 Simple cable system http://simpledibs.blogspot.com/ http://www.trade2win.com/boards/trad...side-bars.html

Nov 13, 2008, 4:15am	#68
JTrader Guest Member Since Dec 2002 5,751 Posts	Re: Simple Inside Bars This simple inside bar turned out well. Attached Thumbnails Last edited by JTrader; Nov 13, 2008 at 4:41am.

Nov 13, 2008, 5:33am	#69
foredog Legendary Member Member Since Oct 2007 1,885 Posts	Re: Simple Inside Bars Shot. __________________ IF IN DOUBT GET THE **** OUT! No need for a course http://www.trade2win.com/boards/gene...tml#post707344 Simple cable system http://simpledibs.blogspot.com/ http://www.trade2win.com/boards/trad...side-bars.html

Nov 13, 2008, 6:04am	#70
foredog Legendary Member Member Since Oct 2007 1,885 Posts	Re: Simple Inside Bars WE now have a buy signal 9am bar 14893 - 14993 10am bar 14905 - 14951 So stop buy order placed to buy 5.4 contracts at 14955 (293/54 = 5.426) Stop loss at 14901 I have used the previous balance as our profits from the short trade have not been booked yet. I have now moved the stop on the short to 14955 as this is a reversal signal. __________________ IF IN DOUBT GET THE **** OUT! No need for a course http://www.trade2win.com/boards/gene...tml#post707344 Simple cable system http://simpledibs.blogspot.com/ http://www.trade2win.com/boards/trad...side-bars.html

Nov 13, 2008, 6:11am	#71
options Legendary Member Member Since Jul 2001 2,378 Posts	Re: Simple Inside Bars JT You do realise that you have 'nicked' Wasps recent signature don't you. Don't make him come round there. He's a big bloke! __________________ http://www.trade2win.com/boards/truth/ "Adapt or die!" Said the Coackroach to the Dinosaur. Beware of false signals bearing gifts. "I have seen the enemy...and it is me." Follow the path of least resistance.

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