Analysis is applicable to all
stocks, futures and exchange traded funds regardless if you're using bar charts, candlestick charts, tick charts or volume base charts.
090810_Hang_Seng_HSI_Futures_Volatility_Breakout_Failure.png [ 33.11 KiB | Viewed 373 times ]
Click on the above chart to enlarge. An up to date chart to show the impact WRB Zones has on the price action after the date of this message post is available upon request only. Hang Seng HSI ($HSI_F) Futures
- The Hang Seng had traded nicely above the WRB Zone as high as 21410 until it gapped down below the WRB Zone...allowing the zone to be used for "gap trading".
The WRB Zones shown (green highlight) on the above chart are still valid for use until price traverses through them to side of the zone. The zones are used as confirmation to whatever entry trade signal you're using, confirmation to adjust (change) an initial stop/loss protection into a profitable trailing stop or as a profit target.
Simply, there's no hindsight analysis involving WRB Zones via WRB Analysis in the above chart...it's useful until the price action traverses through the WRB Zone. Also, if you want to learn more about those annotated WRB Zone or any trade signals on the attached chart...you should join this new TSL Support Forum to ask questions, email us your questions or tweet us your questions.
With that said, WRB Analysis is one of the most efficient methods of understanding the price action
you're trading via identifying key changes in supply/demand...resulting in improved performance of your trade strategies when you merge WRB Analysis with your trade signals. In fact, it doesn't matter if you're using your own custon design trade signals, someone else trade signals or our own trade signals...WRB Analysis will improve your trade performance in comparison to your trade performance via trade signals alone and in comparison to your trading results prior
to learning about WRB Analysis.
Trading Tip - Some support/resistance levels or zones have a lifespan (how long to use them) and most traders are using traditional s/r levels inefficiently because they don't know what is the lifespan of the key price levels their using...resulting in blowups or consistent losses. In contrast, WRB Analysis reveals the lifespan of key price areas that represent key changes in supply/demand along with improving your entry signals, exit signals, stop/loss management, trailing stop management and profit targets. WRB Analysis Tutorialshttp://www.thestrategylab.com/WRBAnalysisTutorials.htm TSL Trade Strategieshttp://www.thestrategylab.com/TradingReports.htm TheStrategyLab.com Disclaimer
- The Strategy Lab. All rights reserved. The Strategy Lab is neither a registered broker-dealer, investment advisory service nor an investment advisor and does not purport...continue reading
. Technical Analysis Disclaimer
- There's more to profitable trading than just technical analysis. If you don't understand...click here
Last of all, I will give you a complete refund if the concepts shown in these chart illustrations do not correlate with the concepts in the fee-base WRB Analysis Tutorial Chapters 1 - 12 or trade signal strategies (AJCTR, APAOR, STR or VTR).
Trader and Founder of WRB Analysis
(wide range body analysis)
@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader http://www.thestrategylab.com
Phone: +1 708 572-4885
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