TheStrategyLab.com Price Action Trading Support Forum

PLEASE REVIEW MY DOK

Hi Shane,

Thanks for the DOKs. There are some problems with your DOKs that requires you to re-read chapters 1 and 2 as discussed with you on Skype today.


Chart @ download/file.php?id=3941

On the far right side you label three intervals as WRB Hidden GAPs. In reality, two of those three intervals are not WRB Hidden GAP intervals. The key concept in chapter 1 is that the interval before the WRB and the interval after the WRB...those two intervals must not share a tick with each other. Thus, if you remove the WRB interval...the interval before/after the WRB must not share a single tick. If that happens...you can then call the WRB interval a WRB Hidden GAP interval.

Chart @ download/file.php?id=3942

You did not say what your WRB Zones are from tutorial chapter 2. In fact, you in error called "everything" thats a WRB Hidden GAP as a WRB Zone. That's not tutorial chapter 2.

In fact, most of the WRB Hidden GAP intervals on your chart do not qualify as a WRB Zone. Tutorial chapter 2 will tell you which of those WRB Hidden GAP intervals qualifies as a WRB Zone via either as a swing point #1 or #2 price action involving Key Market Event (KME) or as a strong continuation #1 or #2 price action involving KME.

Therefore, in your next DOK for chapter 2...please label on your chart the key market event, identify the "first WRB Hidden GAP" interval associated with the key market event and then label which specific price action you used as to qualify that "first WRB Hidden GAP" interval as a WRB Zone.

Regards,
M.A. Perry