Three Bar, Inside Bar Setup…

For those of you that know me, you know that I like to trade inside bars. I believe that inside bars have an edge that can be traded to make money in the Forex market.

Recently, I read an article about a setup that used inside bars. The setup looked for three higher highs, three higher closes, and then an inside bar to trigger a long trade. When trading to the down side the set was the opposite, looking for three lower lows, three lower closes, and an inside bar.

We tested this idea on the day and four hour time frame. We looked at exiting the trades at the end of the session, using a sixty pip trailing stop, and exiting on the close of the fifth session after entry. Watch the video to see the results…

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