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: patrickluther chart annotated with WRB S/R Zones
PostPosted: Fri Aug 14, 2009 1:06 am 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4336
Location: Canada
Hi patrickluther,

I apologize for the delay in you gaining access to the free trial. I was re-organizing the free trial to make it more user friendly sort'uv speak.

With that said, WRB Analysis Tutorials involves understanding the price action via identifying key changes of supply/demand within the price action of your trading instrument. These key changes in supply/demand are where key market participants have enter/exit their positions and these key market participants do not easily forget where their trades have occurred. Therefore, when the price action returns to the price area where key changes in supply/demand has occurred...there's a high probability chance that another key change in supply/demand will occur.

We call these price areas WRB S/R Zones and we strongly believe via the performance of our own trading along with the trading of our clients that WRB S/R Zones are more efficient in identifying key support/resistance areas.

Change in supply/demand implies the market changed from supply to demand which is bullish reversal or the market changed from demand to supply which is bearish reversal. It also implies that the market was at a level of supply and the supply compacity became larger which is a bearish continuation price action or the market was at a level of demand and the demand compacity became larger which is a bullish continuation.

Chart Annotations

WRB S/R Zone #1 involves tutorial chapter 2 concerning an early natural gas report prior to the release of Thursdays Natural GAS status report @ 1030am est.

WRB S/R Zone #2 involves tutorial chapter 2 concernign the actual release of Thursday's Natural GAS status report @ 1030am est.

WRB S/R Zone #3 involves tutorial chapter 6.

WRB S/R Zone #4 involves tutorial chapter 4 and 6.

WRB S/R Zone #5 involves tutorial chapter 4 and 6.

To learn more about the advance tutorial chapters 4 - 12...you must first become a fee-base client along with posting the DOKs for tutorial chapters 1 - 3.

http://www.thestrategylab.com/WRBAnalysisTutorials.htm

Best Regards,
M.A. Perry
http://www.thestrategylab.com


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