Double-inside day- can anybody recommend or confirm this signals to trade?

March 9th, 2011, 04:22 AM

can anybody recommend or confirm the signals on a double-inside day trade? do you use any of the inside days for support/resistance ? or continue to use the outside day for support/resistance?

March 9th, 2011, 10:37 PM

What are you exactly referring to? Do you have any links?

March 10th, 2011, 01:21 AM

timothymhanna

What are you exactly referring to? Do you have any links?

a pattern called inside day...but a double pattern with two inside days

March 10th, 2011, 03:59 AM

Like this

An inside day, followed by another inside day

It is shows consolodation over 2 days and often the break out is a good move. But with inside bars you also often get a fake out then a break out.

They can be traded. If you get a good one IMO you need to get a multi R win, because there will be a good % of losers.

March 10th, 2011, 09:14 AM

Look through this thread , a masterpiece of IB and OB techniques .

THREE SET UPS

As some of you know I have been working for the last month on three set ups. I thought I'd take a minute and share the results of this effort. The win rate for these trades is over 90% in the last 30 days.

I have been trading CL using a 15 minute …

Double-inside day- can anybody recommend or confirm this signals to trade?

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Double-inside day- can anybody recommend or confirm this signals to trade?