I also missed the 30 second chart you are trading on...can I ask why you trade on such a low time frame
I missed a key point...me bad - you are following SD Imgur: The magic of the Internet
Actually this is really interesting...can I ask you a question...do you understand what you are looking at and what is making it move... more to...
10 min - sorry I missed your post this is how I would see such a small timeframe
My chart is a 2hr - but I would have considered that price gap where we had sell orders that turned to buy orders - the question is will the buys...
I for one believe if your ent May I ask what you are trading...and how you entry. If so by signal, then my next question is by how you view...
cheers
Sorry not the same annotation from earlier...make sure I keep them from now on
Oh wait - maybe I color where we see orders...but this is what this thread is about - how we see orders in the bars
I kinda like coloring here and there
I do not trade futures
I touched on over lapping bars but I did not think there was interest - I do not know the instrument, or time frame but I think the overlapping...
It is hard to come back...very hard. Until we see more data this coming week it is collapsing on the 30 min tf
The same could be applied to longer term charts - how we see the indifference of orders played out in the bars causing levels to be formed
This is a 30 min tf of AudUsd today and how the collapsing price action below the buy orders formed levels above price to short from
In this case price is falling - when price crossed under the last level known to be buy orders it created an imbalance of orders. Where we had buy...
Just as the individual bars form levels so do groups of bars - swings
These levels on the bars form when we get a lower close or higher close then the nearest opposing bar -
No worries its just a different view of how orders play out in the bars.
Separate names with a comma.