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 Post subject: Buttom of a WRB zone momentary covert. Is it still valid?
PostPosted: Fri Oct 21, 2011 8:36 pm 
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Joined: Thu Apr 07, 2011 4:53 pm
Posts: 17
Location: Saint-Jean-sur-Richelieu, PQ
Hello

A WRB zone as been previously determined and highlighted. During the trading session, price do crossed and covert the whole region and immediately retaliated. Is the zone still valid to be use as a WRB zone?

Any help appreciated
Martin


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 Post subject: Re: Buttom of a WRB zone momentary covert. Is it still valid?
PostPosted: Fri Oct 21, 2011 10:04 pm 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4341
Location: Canada
arjfca wrote:
Hello

A WRB zone as been previously determined and highlighted. During the trading session, price do crossed and covert the whole region and immediately retaliated. Is the zone still valid to be use as a WRB zone?

Any help appreciated
Martin


Hi Martin,

First, I apologize for not responding to your other private message over at the private WRB forum. I'm catching up on a lot of emails and private messages and will answer yours this weekend.

I will now talk about your chart here at the TSL Support Forum. The zone is not valid after price went through the zone. Also, if your chart is the EuroFX 6E futures...take a look at the Forex EurUsd to see if it too had the same zone and if the price action went through the zone.

Regards,
M.A. Perry


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 Post subject: Re: Buttom of a WRB zone momentary covert. Is it still valid?
PostPosted: Sat Oct 22, 2011 9:33 am 
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Joined: Thu Apr 07, 2011 4:53 pm
Posts: 17
Location: Saint-Jean-sur-Richelieu, PQ
Thanks for the clarification

Sorry, I should have mention, the chart is 3 minutes scale of EurUsd

OK, So As soon as a price as covered a zone, this zone is cancelled

Martin


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