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damonl replied Feb 7, 2008Thanks Kiwi....... I am hoping to have a look at it over the weekend.
Cheers, Damon P.s. I love the name.....Inside Bar Trading Technique
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damonl replied Feb 7, 2008I wonder if it would be good to open up two orders. One with an original T/P at the next pivot point and the second one would go to B/E with a trailing stop and just letting it go until it hits the next profit target or gets stopped out. I will look ...
Pivot Point Trading Technique
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damonl replied Feb 7, 2008Off to a good start..... — I woke up this morning to find that 3 trades were placed while I slept. G/U short for a profit E/U short for a profit A/U short for a loss. UCHF long for a profit EU short and still open So far so good. Damon
Pivot Point Trading Technique
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damonl replied Feb 7, 2008New Spreadsheet — I found that I forgot to figure in the spread for the short t/ and s/l figures on my first version. I have now uploaded a new version on the first thread with spreads figured into these areas. Cheers, Damon
Pivot Point Trading Technique
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damonl replied Feb 7, 2008I also looked at the daily pivot, but in most cases I found that they were too close together except for a few pairs. I think you will find that the Weekly and in some cases the Monthly pivot points will give you much better results with fewer stop ...
Pivot Point Trading Technique
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damonl replied Feb 7, 2008That is awesome. I am also in a very nice trade from EU that already gave me my first T/P of 150 with the other position still open short and we can all see what happened today. It is a good system. make sure that you practice letting part of the ...
Inside Bar Trading Technique
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Pivot Point Trading Technique
Started Feb 7, 2008|Commercial Content|21 replies
Hello and good day, Here is a little something that I came across while studying my charts the ...
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damonl replied Feb 6, 200802/06/08 - Update — Hello.... Just wanted to let you know that there was an update to the 1st page today. Cheers, Damon
Inside Bar Trading Technique
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damonl replied Feb 6, 2008New threads coming...... — Hello everyone following this thread. As you may know, the "Inside Bar" is only one method in which I trade. Someday I want to list them all as well as any rules that go along with them. So here is what I am going to ...
Inside Bar Trading Technique
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damonl replied Feb 6, 2008Hey brisvegus, You would use the current inside bar highs/lows of the one that just closed. However, I think that you could make an argument for placing orders around all inside bars say within the last 10 days or so. This would give you multiple ...
Inside Bar Trading Technique
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damonl replied Feb 1, 2008My overall strategy...... — I have received some PM asking for me to go over with you my strategies as the spread sheet is very unclear for the average reader. First of all, I will do that but if you think it is my first priority you are ...
Inside Bar Trading Technique
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damonl replied Feb 1, 2008No problem brisvegus..... Trading the way that I trade takes a few hours each night, but the rules are very easy to understand. And there are no gimmicks involved with the way that I trade. One thing is for certain...what I have realized is that ...
Inside Bar Trading Technique
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damonl replied Jan 30, 200801/31/08 — Hello. Attached is a file that shows my open and pending trades for today. I hope you find it useful. I made a mistake today. One of my rules is to always close out all my postions if at any time I find my profit in open trades to ...
Inside Bar Trading Technique
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damonl replied Jan 30, 2008My OzFx Version — Hello.... I apoligize for not being around much. I work all day and then by the time I am done checking my charts at the end of th eday I am tired. I will try to be more diligent in uploading my daily open and pending orders. ...
Inside Bar Trading Technique
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damonl replied Jan 30, 2008Hmmmm....let's take a look. U/CHF - There were actually two inside bars in a row and it appears that you are using the previous inside bar. You should always use the most recent inside bar. EU - Once again, I think you are using the highs and lows ...
Inside Bar Trading Technique
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damonl replied Jan 30, 2008brisvegus, I am still here. I work all week and by the time I go over my charts at the end of the day I am tired and just want to hang out with my wife. I will try to post mor regularly however and will also give some explanations of some of the ...
Inside Bar Trading Technique
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damonl replied Jan 30, 2008Hey Cheelu, I wouldn't pay too much attention to the double top. I have found chart formations don't hold as true to the Forex Market as they do in trading stocks, commodities, etc. More important about the IB you are referring to are these: 1. Both ...
Inside Bar Trading Technique
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damonl replied Jan 23, 200801/24/08 — I don't know if any one is following along or not, but I wanted to upload my file that has my latest open and pending orders. Cheers, Damon file
Inside Bar Trading Technique
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damonl replied Jan 22, 200801/22/07 — Wow...today was a very hectic day. When I woke up this morning, I saw GJ jump over 200 pips in five miniutes. When everything retraced back down again, I closed every open order I had out there. I wanted no part of this madness. I ...
Inside Bar Trading Technique
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damonl replied Jan 22, 2008Hello fxtradea, I can only imagine that the IB will work on just about any time frame. I can only check my charts once per day, so I only use the dailies. I usually play a break out on both sides incase of a stop and reverse. Sometimes price will ...
Inside Bar Trading Technique