TheStrategyLab.com Price Action Trading Support Forum

Forum for price action traders that want to learn WRB Analysis basic tutorial chapters 1, 2 and 3 prior to purchasing our advance trade methods. Hashtags: #wrbanalysis #wrbzone #wrbhiddengap #priceaction #trading
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 Post subject: DOK WRB WRB HG
PostPosted: Tue Oct 20, 2015 5:21 pm 
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Joined: Thu Oct 15, 2015 4:50 pm
Posts: 8
Mark and all,

Mark I read your comments from my previous post. I am using bar charts now because I can spot the WRB easier.

The yellow OHLC represent the WRB look back period std. 3 and I have marked the chart up with WRBHG, KME I know of from trading previously.

Look forward to constructive feedback.

I have been watching the market real time and I am seeing as I notated that WRBHG often do act as targets and areas of S/R.

Thank you for sharing Mark I am beginning to see where WRBHG can give you an edge :)


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 Post subject: Re: DOK WRB WRB HG
PostPosted: Thu Oct 22, 2015 3:04 am 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4336
Location: Canada
Hi,

Thanks for the bar chart of WRB Analysis. What do the small yellow box on top of the interval represent ?

At first glance I thought it was labeling WRB intervals but there's a few intervals that are not WRBs.

Yeah, just remember that most WRB HG intervals do not represent a key change in supply/demand. Thus, only some of them do and that's where tutorial chapters 2 - 12 discusses.

Regards,
M.A. Perry


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 Post subject: Re: DOK WRB WRB HG
PostPosted: Thu Oct 22, 2015 8:39 pm 
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Joined: Thu Oct 15, 2015 4:50 pm
Posts: 8
Hi Mark,

The yellow is an indicator to help me with my learning disability spot WRB's quicker. I doubled checked the definition, or so I thought, but let me check again.

Thanks for commenting.

There's a wealth of good info in your free chapters and it will take me some time to learn.

Good trading to you everyone else.


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