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Board index » Price Action Trading Free Resources » WRB Analysis Tutorial Chapters 1, 2 and 3 Study Guide (Questions, Answers & DOKs)

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GuppyTrader
 Post subject: Chapter 1 DOK (and a trade for critique)
PostPosted: Mon Aug 31, 2015 10:31 am 
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wrbtrader
 Post subject: Re: Chapter 1 DOK (and a trade for critique)
PostPosted: Mon Aug 31, 2015 10:39 am 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4336
Location: Canada
Hi,

That's a problem with your understanding of a WRB Hidden GAP interval as shown on your chart because there are many intervals on your chart not label as a WRB Hidden GAP interval. There's approximately 7 intervals on your chart that you did not label as a WRB Hidden GAP interval.

Simple rules for WRB Hidden GAP interval.

1) It must be a WRB

2) The interval before the WRB and the interval after the WRB must not overlap by a single tick.

Regards,
M.A. Perry
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GuppyTrader
 Post subject: Re: Chapter 1 DOK (and a trade for critique)
PostPosted: Mon Aug 31, 2015 11:05 am 
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Hello, the down arrows are attempting to show the hidden gap intervals without cluttering up the chart, as there are so many. Did I miss some? Thanks, GT
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wrbtrader
 Post subject: Re: Chapter 1 DOK (and a trade for critique)
PostPosted: Mon Aug 31, 2015 11:16 am 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4336
Location: Canada
GuppyTrader wrote:
Hello, the down arrows are attempting to show the hidden gap intervals without cluttering up the chart, as there are so many. Did I miss some? Thanks, GT


Hi,

Yes, you missed 7 WRB Hidden GAP intervals.

Therefore, as recommended in the instructions. If you have that many intervals to label and you don't want to clutter up the chart...its then best to make a "smaller" chart so that you have LESS intervals to identify as WRB Hidden GAPs and WRBs.

Another option as others have done many times in their DOKs...you should make two separate charts. One chart you only identify the WRB intervals and the other chart you only identify the WRB Hidden GAP intervals for your chapter 1 DOK.

Regards,
M.A. Perry
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Board index » Price Action Trading Free Resources » WRB Analysis Tutorial Chapters 1, 2 and 3 Study Guide (Questions, Answers & DOKs)

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