merlo wrote:
Hello wrbtrader.
ESH0 of the 21.01.2010
5000 volume candles chart on NinjaTrader feeded by ZenFire.
From the Cumulative Delta point of view ,beginning at B1 point and reaching the B2 (almost the same price) the
volume exchanged on the Bid (difference shown by the vertical yellow line) is prevailing of some
thousands on the volume exchanged on Ask.
So in the short timeframe the Sellers want defend (and profit) their positions.
Can you suggest some hints following the WRB theory' s strategy?
Thanks
merlo
Hi merlo,
Thanks for the chart but the candlestick chart is too small and blury to see the WRB's. Out of curiosity, what image capture program you're using?
Here are some quick hints...
* Take trades only within WRB S/R Zones if your trade signal appears in a WRB S/R Zone.
* Use WRB S/R Zones as profit targets
With that said, it's getting late for me and I'll setup your
free access to the WRB Analysis Tutorial Chapters 1, 2 and 3 tomorrow morning by 9am est.
Best Regards,
M.A. Perry