Thank you for taking the time to explain your reasoning in details. As one would expect the breaking of RTL phenomena and the volume behavior associated with it has been mentioned before on multiple occasions but somehow it managed to evade my recollection even though I was looking right at the...
Translation in price is NOT backed up by the PRV ----- I presume you are referring to bar 38. I further presume, that seeing decreasing black PRV on bar 38 is not what you would expect to see. Could you clarify why you would expect increasing black PRV on bar 38, please.
My question is to the practitioners of wash trades: The container under the question is the one being discussed here and annotated earlier. Bar 37 is identified as an FTT of that container. As long as the price is inside the Bar 37 (yellow area) the D of MADA says hold. Therefore the execution...
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1. Are you referring to the 22:05 OB bar as an FTT?
2. If so, at what point after the 22:05 OB is formed does one execute (hit the buy button)?
3. If one puts the green on the bottom of the 22:05 OB FTT bar to have a bookmark of the new possibility, when would one reverse/or wash...
Could somebody please post the extended chart of FDAX we are dealing here that goes back a day and forward a day -- looking at this snippet is like trying to pick the most beautiful women in a pagent by looking at their arm pits only.:D Thank you.
Thank you for posting this trade. If you don't mind my asking - what was the specific trigger for the execution of the short -- did you hit the sell when the inside bar (2) formed on decreasing volume or when the next bar (3) was going red on decreasing PRV? Thank you.
I do, but only those that begin with formation
Because the market created one there.
Some of them do and some of them don't - I am not sure if I understand your question.