How I use the Inside Bar... The Inside Bar is a bit of a mystery to a lot of traders, and throughout all of my research, I cannot find a definitive answer as to what it actually represents, so what I have done is developed my own theories into what the Inside Bar actually is and I've incorporated it into my own forex trading strategy.
Much like with any candlestick formation, the Inside Bar has different levels of 'power' depending on where it can be found on the chart. If in doubt - always look left.
The Two main areas that I like to use an Inside Bar is at the apex of a swing, or within the middle of a strong trending market.
I believe that the inside bar is simply the selling / letting go of open positions within a trending market and a series of retail traders getting stuck in the wrong direction, essentially creating market liquidity to retest the area and shoot off in the opposite direction.
TIMESTAMPS:
00:28 - Inside Bar Indicator on TradingView
01:27 - Quick Disclaimer
02:44 - Inside Bars and the Volume Indicator to build my theory
03:03 - Forex Market Liquidity - A really basic theory
04:32 - Volume + Inside Bars = Good times
07:49 - Inside Bar use Example
11:34 - Using an Inside Bar after a Break of Structure (BoS)
12:21 - Lower Timeframe Inside Bar Example
12:42 - Inside Bar Trade that I Missed Recently
14:04 - How I use an Inside Bar in a Trending Market
15:33 - Thank you & Trading Course / Community Update
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How to use the Inside Bar: • Inside Bar Trading Str...
Full Order Block Strategy 151% trading AUDJPY: • BACKTESTING ORDER BLOC...
Supply and Demand vs Support and Resistance: • Supply and Demand vs S...
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DISCLAIMER
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.
#InsideBar #orderblocks #forex
1 окт 2024
