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PAGuy
Feb 11, 2014 4:54 PM

Ready to Bank? IB Setup Long

Silver/U.S. DollarFXCM

Description

Taking this IB setup on the daily.
Comments
PAGuy
Played off as expected, hit TP 1 and2, holding 3rd position with stop at breakeven.
thatguy
IB?
PAGuy
Inside bar
thatguy
Thanx 20.60 will be fascinating to watch... :)
PAGuy
Could be a slow grind, but I am going to hold in.
QuantitativeExhaustion
Candle looks good so far, just a matter of how it closes and what the following candle brings. Good volume today too, but that could be a trap.
PAGuy
Looking at the weekly, where is a 2 bar, so the odds of this IB breakout being successful are increased to trigger the weekly 2 bar. Manage your risk accordingly :) I am only right 80% of the time haha
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