AUDUSD inside day trading plan

Australian Dollar/U.S. DollarFXCM

Huraian

⋅ 7 Sep 2017 pukul 03.49

Last week I posted this inside week long for AUDUSD, although it almost stopped me out, it held and it was able to make new high to get my risk-reward stop.

Today there is an inside day for AUDUSD, I DON'T recommend trading the long this time as it's not realistic to expect the 1:1 kick at a new high level, and there is a bearish bat ahead.
Putting the out of the long position to the inside day low is a good idea, and maybe a good flip to take part in a potential double top.

Komen

⋅ 8 Sep 2017 pukul 03.14

Put the out of the inside week long to 0.8040. (yesterday's low)

Komen

Alexander_Nikitin

⋅ 7 Sep 2017 pukul 05.50

the terminology calls it intra day, not inside day :)

Trader_Joe_Lee

⋅ 7 Sep 2017 pukul 06.31

@Alexander_Nikitin, in terms of inside bar set-up, we used "inside" + "time frame given" to call the trades.

EX: 15 minute inside bar = inside 15 ; hourly inside bar = inside hour; daily inside bar = inside day.

Of course it's a intra day trading plan ha.

Lebih