The Answer to the question "why it has to be Inside Bar" is in the concept itself. Its not that we want to trade inside bar its because inside bars give us very low initial risk compared to the potential gains available. e.g. H1 on EU usually travels between 100-200 pips on a good day... the Seeds that you will be catching, at the beginning of the wave preferably would be no more than 20 pips. So a 20 pip SL and 200 pips potential gains... you do the math! I hope it makes sense.... (easy said than done i know)francisrama wrote:Good morning Immy and All,
I've just joined and spent last week reading and digesting priceless infos here! I choose to trade SEED, and as you predict like to drop to 5M to "make sure"))...And waouh it does work great -on my demo account for the time being...- I have one question please, just for the sake of understanding = We need to hand pick SMALL INSIDE BAR on 1H. I do understand why it has to be SMALL. Could you please highlight why it has to an INSIDE BAR?
I should have started with this = THANK YOU for this eye opening strategy...and the rest of course!!!
Fran (based in Paris-FRANCE)
I wish you all the pips ! good ones, big ones and nice ones! take it easy and enjoy it! all the best