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 Ch. 1
PostPosted: Wed May 19, 2021 10:36 pm 
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Joined: Sun May 16, 2021 9:45 pm
Posts: 7
Attached is a chart for DOK chapter 1. Thanks


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Chapt 1.jpg
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 Post subject: Re: DOK Ch. 1
PostPosted: Thu May 20, 2021 12:16 am 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4335
Location: Canada
Hi Pete,

There's a problem with your DOK chart. You have incorrectly identified one interval as a WRB and incorrectly identified two intervals as WRB HG.

Please review your chart and make the corrections.

Tip: To identify a WRB HG interval...first find a WRB. Next, look at that WRB to determine if the interval "before" the WRB and the interval "after" the WRB have overlapped each other via at least one tick.

Thus, you're comparing the interval "before" against the interval "after" the WRB. If there's no overlapping...its a Hidden GAP.

Regards,
M.A. Perry
TheStrategyLab


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 Post subject: Re: DOK Ch. 1
PostPosted: Thu May 20, 2021 11:29 am 
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Joined: Sun May 16, 2021 9:45 pm
Posts: 7
Not sure why I considered those HG candles WRB. I think I was just looking at the hidden gap. Red arrows point to incorrect candles. Hope that is correct.


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Chapt 1 corrections.jpg
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 Post subject: Re: DOK Ch. 1
PostPosted: Thu May 20, 2021 1:17 pm 
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Site Admin

Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4335
Location: Canada
Pete wrote:
Not sure why I considered those HG candles WRB. I think I was just looking at the hidden gap. Red arrows point to incorrect candles. Hope that is correct.


Hi Pete,

Thanks for the corrections. I will setup your private thread later today and will send you a message when your private thread is ready.

Regards,
M.A. Perry
TheStrategyLab


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