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 Post subject: Question About a Tutorial Chapter 3 Chart
PostPosted: Fri Mar 11, 2016 3:57 am 
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Joined: Fri Mar 11, 2016 12:44 am
Posts: 4
Hello,

Attached is a chart from Chapter 3 of the free guide. My question is about the green WRB S/R Zone. According to the definitions in Chapter 2, a WRB zone must first be a WRB hidden gap. However, To the left of the green zone in the chart, in the orange area, there're no WRB hidden gaps at all. So how can the green zone be labeled as a WRB S/R Zone ?


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 Post subject: Re: Question About a Tutorial Chapter 3 Chart
PostPosted: Fri Mar 11, 2016 4:21 am 
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Joined: Sat Jan 10, 2009 1:06 pm
Posts: 2881
Location: Canada
Hi,

Basic tutorial chapter 2 is about using WRB Hidden GAP intervals (first WRB HG interval) that occurs at/after a key market event (KME).

In contrast, as stated in chapter 3, its about using YOUR trade signals as WRB Zones. It also states in chapter 3 that its "your choice" to use the first WRB HG interval at/after your trade signal as the WRB Zone or you can use the RANGE of the intervals in your trade signal as the WRB Zone.

For example, lets pretend your trade signal involves trendline breaks. The interval that breaks a trendline...you can use the RANGE of that interval as your WRB Zone or you can use the appearance of the first WRB HG interval that occurs at/after the interval that caused the trendline break. KMEs not involved in chapter 3.

Simply, there are basic tutorial chapters 1, 2 and 3. Then there are advance chapters 4 - 12. Each chapter is about "different types" of WRB Zones. Simply, the cause of the WRB Zones are different. Basic tutorial chapter 3 and Advance tutorial chapters 4 - 12 do not involve key market events (KME)...instead...they are only about price action itself.

Regards,
M.A. Perry

Pooh wrote:
Hello,

Attached is a chart from Chapter 3 of the free guide. My question is about the green WRB S/R Zone. According to the definitions in Chapter 2, a WRB zone must first be a WRB hidden gap. However, To the left of the green zone in the chart, in the orange area, there're no WRB hidden gaps at all. So how can the green zone be labeled as a WRB S/R Zone ?


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 Post subject: Re: Question About a Tutorial Chapter 3 Chart
PostPosted: Fri Mar 11, 2016 5:04 am 
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Joined: Fri Mar 11, 2016 12:44 am
Posts: 4
Thanks for your prompt reply. Now I understand.


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