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Old 03-06-2007, 03:08 PM   #9

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Re: Playing Inside Days

Nice find Tingull. I may have to employ this into my strategy. Very nice...

Keep this thread alive guys! I think we are up to something here.
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Old 03-06-2007, 03:12 PM   #10

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Re: Playing Inside Days

Notice here...buying the break of the inside candle's high with a stop 1 tick below the low of that candle (26 point stop) has now resulted in 60 points profit.
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Old 03-06-2007, 03:22 PM   #11

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Re: Playing Inside Days

Im going to be looking into playing these breaks better with a smaller stop. One idea I have in mind is to take into account of the actual breakout point. Where did it occur? Today's high? Previous day high? VAH? That being said, we can enter on a pullback. If the pullback fails we now have a price rejection and can hold ourselves back from entering the trade.
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Old 03-06-2007, 03:25 PM   #12

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Re: Playing Inside Days

Yea. Todays was about 4 points from VAH, hit VAH and bounced back down a few...then shot back up. If the pattern is to fail, it seems to fail when it passes through the other extreme of that inside candle. Seeing it pullback from VAH and then climb again is a good sign for that breakout. I agree...something else needs to be in place to get the risk a little more manageable.
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Old 03-06-2007, 04:10 PM   #13

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Re: Playing Inside Days

I believe as you mentioned previously (Tin) stops should be timed with a smaller time frame...
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