TheStrategyLab.com Price Action Trading Support Forum

This is an area of chart where I happened to go short using my own analysis - it is nice to see already how the study of WRB HG's will help me going forward. - indeed I have gone back over a few trades and been pleasantly surprised.

Thanks for any feedback

Hi,

Thanks for the DOK. In your next DOK...is it possible to highlight on your chart where you would have typically enter/exit a trade along with a brief (general) commentary of the strategy.

The reason why I ask is because I'm looking to add free users WRB Zones from their trade signals into tutorial chapter 3 for the next update that's aimed specifically at updating tutorial chapter 3 because currently there's too many traders making an error that tutorial chapter 3 is for Japanese Candlestick pattern users. That's not true. I've just been lazy in only discussing one type of trade signal in tutorial chapter 3 and now I'm ready to discuss at least 3 different types of strategies in tutorial chapter 3.

Specifically, I'm looking for traders that are using price moving averages, channels and traditional chart patterns (e.g. wedges, flags) as their trade strategies so that I can make suggestions about merging their strategies with WRB Analysis involving either the entry or trade management after entry. These just happen to be methods that get the least exposure for merger with WRB Analysis in comparison to other methods that traders are using (e.g. VSA, pin bar, breakouts and so on).

Regards,
M.A. Perry

Sorry i don't really use the traditional chart patterns , MA's etc

Although I enter a trade following this rule - as Hidden
gap says so well - "What you want to see, Where you want to see it"

Also, this pa is not the best to show my technique (and I've rushed it) - if you want i will show other better examples

I would say my trading is based on Sam Sieden and is pure supply demand - mixed in with why price goes where it does. ( and some pretty odd MM

If you believe it will complicate things - I would be more than happy to delete the screenshots

The first chart is of the actual trade

The second is my preferred working screen - trading view - very nice indeed

OH! The green box is taken off your WRB HG - BUT on an m1 chart! normally i just highlight the supply basing

This next pa is a nice example because it shows the reciprocal of the previous pa when I was targeting the zero line

In short I am waiting until after the zeroing of the h4 traders (their profit was taken) - BEFORE i took a trade

After the h4 boys were zeroed we had price basing over the zeroed area..........
price broke up over the demand basing and ............
returned to where supply was ignored ( when price momoed over that pin) which was also the top of the basing

EASY

once again the blue box was me looking at hidden gaps - and as i am on chapter one - its not necessarily correct.

I hope these charts help answer you - but, I know it is not a popular way of doing stuff - although it hits the spot with my particular brain wiring.

And thanks for putting together such brilliant information

This is the another PA I look at. (as my trading improves - I seem to be using less ideas )

Price hugs the top of the Ladle - this encourages the belief that the top will never break

More and more sellers pile in - and put their BUY stops above the line

Thus - when the price breaks up the pressure on price to move is immense.

i.e. both the short traders with their buy stops and B/O traders are buying.

sorry if I'm not making sense - I know what i mean anyhow

I call it a ladle - (or an umbrella i suppose for a short)

It is this PA that I really hope to make WRB HG work for me - why? - because I usually take the retest of the break of a ladle - this is a late entry - or i miss the move entirely if price fails to return.

I want to intelligently preempt the BO where price is sticking - I feel there is something about the understanding of hidden gaps that will allow me to do this. ( atm my eye is drawn to the long liquidity gap candle before the break)

Taking the actual breakout I find very difficult - after all, I target those same traders

I thought i should include my m1 chart to support the first GU short trade markup

notice the move out of c1 also shows a real gap - I have been using these gaps as a heads up for some time - thats also why your website had got my interest

Sadly many brokers (like fxcm) hide this information by filling them in - and then sell the bastardized feed on to others (tradingview for instance - which used to be ok)

anyway - that's enough from me - back to the DOK's