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DOK Chapter 1 http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=61&t=4012 |
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Author: | Wizzle [ Mon Feb 18, 2019 4:54 pm ] | ||
Post subject: | DOK Chapter 1 | ||
Hi Mark, This is my DOK from chapter 1 of WRB Analysis. Cheers
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Author: | Wizzle [ Tue Feb 19, 2019 6:04 am ] |
Post subject: | Re: DOK Chapter 1 |
Apologies, I am missing the definitions of WRB and WRB Hidden Gap: 1 WRB = Wide Range Body, an interval that has a body larger than each body of the prior three intervals 2 WRB Hidden Gap, a WRB where the interval before and after the WRB do not share a tick. This represents a key change in suuply and demand involving key market participants Additional definitions and notes from chapter 1: 3. A hidden gap is filled when the price action has completely traversed through the price area of the hidden gap. 4. Normal gaps have the same behaviour as as WRB Hidden Gap, as long as the gap is large than each of the prior three intervals. 5. Unfilled WRB's can be used as profit targets when they occur prior to trade entries and used as profit targets that occured after entries. 6. A lack of WRB's tells you to sit on the side line (not trade) Cheers |
Author: | wrbtrader [ Thu Feb 21, 2019 7:32 pm ] |
Post subject: | Re: DOK Chapter 1 |
Hi, Good DOK and excellent explanation. Regards, M.A. Perry |
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