Hey! When the daily OTFU ends, defining the balance area can be somewhat subjective, so there's nothing wrong with your interpretation. The difference in mine is that I included the 11/7 session in the balance when the OTFU ended because the 11/12 session retraced a big portion of that day’s range. I'd like to see a break of the 6045-5976 range to initiate a new OTFU or OTFD.
Thanks! Bullish until it's not!
Hey Smash
I have this question about the 5D balance u mentioned...
For me i consider OTF break (up or down) as the start of balance... so 11/7, 11/8 & 11/11 were all OTF up...
11/12 broke the OTF & 11 & 12 started a new balance... 6045-5986 , yesterday was inside day so its included in this balance... hence i get 3D balance
Can you help me figure out where i am wrong in here?
Thanks!!
why are u considering 7-11 as part of the balance when it is clearly OTF U
Hey! When the daily OTFU ends, defining the balance area can be somewhat subjective, so there's nothing wrong with your interpretation. The difference in mine is that I included the 11/7 session in the balance when the OTFU ended because the 11/12 session retraced a big portion of that day’s range. I'd like to see a break of the 6045-5976 range to initiate a new OTFU or OTFD.
Makes sense, Thanks for the reply!!
Nice explanation about poor structure. Thanks!
Thank you buddy. Needed to be a little patient but PM did the job.