Inside bar scans

Scans for the 23rd below:

dl.dropbox.com/u/24866576/January%202013/230113.xps

Cheers,
M

Hi, I have started trading this but didn't get chance to do it a couple of nights ago. From a look at the charts yesterday it seems it was the worst possible night to miss setting up trades.(just my luck). Did many of do you well from Wednesday trades?

Amo

I had been testing this strategy in a demo account which unfortunately was closed on Thursday due to the 14 day period being up, annoying as I am a paying customer with a live account I have with IG Markets!

I had two trades on the go with them at the time being the USDCHF and GBPEUR. I had a number of other orders but can't remember all the pairs.

USDCHF was and would still be in good profit and the GBPEUR would now also be in good profit. The key is looking for this set up near major support or resistance.


dl.dropbox.com/u/24866576/January%202013...%20Spot%20250113.gif


dl.dropbox.com/u/24866576/January%202013...%20Spot%20250113.gif

M.

EURUSD & CADCHF looking like the best of the bunch for today:

EURUSD

dl.dropbox.com/u/24866576/January%202013...%20Spot%20280113.gif

CADCHF

dl.dropbox.com/u/24866576/January%202013...%20Spot%20280113.gif

M.

When using daily charts for Forex does the daily candle stick represent a full 24 hours, i.e. 12am-12am?

I have been using IG index which also has a candle for Sunday which threw me at first because this candle is for a few trading hours therefore pretty much all of them would be an inside bar. Its only shown on the daily.

Hi Amo,

This would be broker specific but yes watch out for those Sunday bars.

M.