Understanding price action

Discussion in 'Technical Analysis' started by Erin, Apr 23, 2020.

  1. Nobert

    Nobert

    I need to borrow one of those google's quantum pcs to decode that :):thumbsup:
    Saw a pattern among others, where poetry was often, first step into other types of arts/mastery.
    Might be a hidden clue for you.
     
    #181     Apr 30, 2020
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  2. Sekiyo

    Sekiyo

    You turned me upside down.
    Need to ponder about this.
     
    #182     Apr 30, 2020
    Nobert likes this.
  3. Nobert

    Nobert





    Ok, im out of here, sorry for spam @Erin
     
    Last edited: Apr 30, 2020
    #183     Apr 30, 2020
    Sekiyo likes this.
  4. Sekiyo

    Sekiyo

    It’s a grey box.
    The pattern is PA which is the output.
    The process being to match a transaction.
    Inputs processed are limit and market orders.

    Must be missing something,
    But I’ll read you all along and see.
    Because it doesn’t make sense for me.

    Thanks.
     
    #184     Apr 30, 2020
  5. Erin

    Erin

    No worries its just a different view of how orders play out in the bars.
     
    #185     Apr 30, 2020
  6. Erin

    Erin

    These levels on the bars form when we get a lower close or higher close then the nearest opposing bar -
     
    #186     May 2, 2020
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  7. Erin

    Erin

    Just as the individual bars form levels so do groups of bars - swings
     
    #187     May 2, 2020
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  8. Erin

    Erin

    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 orders we now had sell orders
     
    #188     May 2, 2020
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  9. Erin

    Erin

    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
     
    #189     May 2, 2020
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  10. Erin

    Erin

    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
     
    #190     May 2, 2020
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