Yes. The earliest entry should be about 1 hour before the open of the London session.

X-Rated IBs & OBs

S/L hit after a long time. Price was 4 pips short of the T/P mark (2.0364), then retraced to (2.0434). Was a risky trade as price was hovering around the daily pivot.

X-Rated IBs & OBs

entry @ 2.0408!!!!!!!!!

X-Rated IBs & OBs

Had a nice move after an IB in the morning. But the indicator did not validate this. So I stayed out. image

X-Rated IBs & OBs

GBP/USD IB formed on the last hour candle. Waiting for completion of the confirmation candle and we will take it from there.

X-Rated IBs & OBs

Yes that would be great!! I am not a huge fan of backtesting, but I am curious as to how well this system has worked in the past. Are you going to test this system for the Cable only? If yes, then can you please start looking for IB/OB from 3hours ...

X-Rated IBs & OBs

Definition IB or Inside Bar, is a bar which is completely within the range of the preceding bar, i.e. it has a higher low and lower high than the bar immediately before it. Well, if a bar is exactly equal to the previous bar, then it is technically ...

X-Rated IBs & OBs

1st Post Updated Again!!

X-Rated IBs & OBs

Sorry, that was my mistake. When I first wrote the post I did not think of every possible scenario. I will update the post again. Yes. But, I posted above that I will ride it out myself as I was in front of the PC and I saw some potential in the ...

X-Rated IBs & OBs

No its an OB. Because it had a higher high and same low. EDIT: Both the candles have a low of 2.0480. Whilst, the high for the outside bar is 2.0505, which is 1 tick higher than the previous. Darn, I need an indicator to show IBs and OBs, because I ...

X-Rated IBs & OBs

Today's Trade!! Just closed 5 mins ago. image In the future, I will try make a post just before I enter a trade. Please don't take it as a trade signal.

X-Rated IBs & OBs

Placed the S/L at the T/P mark. S/L @ 2.0410

X-Rated IBs & OBs

Might close my position now as it is approaching the psychological number.

X-Rated IBs & OBs

Those who are following this system should have spotted a nice entry today. OB formed at 14:00GMT. Confirmation bar was a bear candle and red line crossing above green line. ENTRY MADE @ 2.0454 Since I am awake, I am going to ride this one out ...

X-Rated IBs & OBs

Yes, this system was primarily developed for GBP/USD on 15 min chart. If you choose to trade a lower timeframe, then your T/P and S/L should be adjusted accordingly (My S/L was 10 pips and T/P at 20 pips). Also, you wouldn't necessarily look for a ...

X-Rated IBs & OBs

Ahh!! My bad. I chose the wrong words to explain that part. 1ST POST HAS BEEN UPDATED

X-Rated IBs & OBs

I see some upward slope on the Entry candle, and that is what I see on my charts. I have only posted here trades that I entered using my system, so I am sure I saw a small upward movement before placing the trade. Having said that, I would still ...

X-Rated IBs & OBs

If you don't mind, can you post what you see on your screen?

X-Rated IBs & OBs

Remember, we are entering the market at the start of a trend. So a smoothing of the ADX curve, or a slight upward movement is more than enough provided all the other rules are met to indicate the new trend formation. The reason why you don't see a ...

X-Rated IBs & OBs

Yes. It has to move 5 pips above. Otherwise, use it as the second confirmation bar and see if it makes a 5 pip move. If it still doesn't then there is no entry.

X-Rated IBs & OBs