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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?

  #1 (permalink)
Trading Apprentice
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Double-inside day- can anybody recommend or confirm this signals to trade?

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?

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  #3 (permalink)
Trading Apprentice
Detroit, MI
 
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What are you exactly referring to? Do you have any links?

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Trading Apprentice
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timothymhanna View Post
What are you exactly referring to? Do you have any links?

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

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  #5 (permalink)
Elite Member
Wodonga Australia
 
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Linds's Avatar
 
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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.

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  #6 (permalink)
Big game hunter
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Look through this thread , a masterpiece of IB and OB techniques .

https://futures.io/trading-journals/4183-three-set-ups.html

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