scott1111

inside bar strategy

scott1111 Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
notice the inside bar on the daily. break the long part of the inside bar, take it for the entire bar for limit. entry is a break of the high or low of the inside bar and take the short as well for the entire size of the inside bar. right now it's a hold until the break.
Comment:
so go long or short depending on which side breaks. i'm still long to hit the limit on the 8 hour. so that limit leads into a daily long. i go with the highest time frame as the leader
Comment:
so 165.328 is the limit for the pound yen
Comment:
162.850 is the stop. so wherever you are, calculate which trade size you need
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