DOK by Scyther

scyther · **Joined:** Fri Mar 06, 2015 9:07 am **Posts:** 13

Hi wrbtrader
I would like to show you my DOK.
Regards

scyther · **Joined:** Fri Mar 06, 2015 9:07 am **Posts:** 13

Second chart with hypothetical trade setup.

scyther · **Joined:** Fri Mar 06, 2015 9:07 am **Posts:** 13

DOK by Scyther - Chapter 2

SwingPoint Definition #1

The key market event interval (first WRB Hidden GAP) must have its price close below the close price of ANY prior Down WRB Hidden GAP even though it may not be the same prior Down WRB Hidden GAP that gets filled by the price action after the key market event interval (first WRB Hidden GAP) or the key market event interval (first WRB Hidden GAP) must have its price close below the range (highest high to lowest low) of ANY prior three consecutive declining same direction intervals.

Prior WRB ZONE worked nicely as potential target.

SwingPoint Definition #2
The key concept for swing point price action definition #2 is that the key market event interval is not a WRB Hidden GAP and it must occur amongst contracting volatility intervals that occurred before the first WRB Hidden GAP interval. Also, the first WRB Hidden GAP interval that occurred after the key market event interval...that first WRB Hidden GAP interval must be larger than the contracting volatility intervals.

Next, after the first WRB Hidden GAP interval, there must have been three consecutive lower closing intervals and each interval is (Open > Close) prior to the next swing point. The first WRB Hidden GAP is one of the three consecutive lower closing intervals. Further, the three consecutive lower closing intervals involving the first WRB Hidden GAP, they must occur after the key market event.