Trader_Joe_Lee

GBPUSD Inside day, is that a meaningful one?

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FX:GBPUSD   英鎊 / 美元
In a trading day like last Friday that most of market participants had a day off, it's just normal to form an inside day with limited volatility .
A worth-trading inside bar usuallty comes from high level of uncertainty, bulls/bears fighting, and digesting important news....etc
None of which is about lack of liquidity; as inside bar is a momentum trade, enough momentum is required for this kind of trade.


While, in terms of chart itself, it's still a worth noted one with a small uptrend just finished 21 ema correction,
and it's in daily demand zone .

My strategy to this inside bar is not to trade it directly(although it's hard to find a 50 pips risk inside day in GBPUSD lol)
wait for the breakout and find the corresponding confirmation entry intra-day.


Let's see how it goes!

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