<aside> <img src="/icons/reorder_gray.svg" alt="/icons/reorder_gray.svg" width="40px" /> Couple Liquidity Pools with PD arrays. NDOG and NWOG. Details about Volume Imbalance. 2 pass Gap theory. Continuum in price delivery between Buyside and Sellside. The real Swing point used for Liquidity pool.
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Twitter tape reading session prior to the Review
We follow seasonal Tendencies from a macro perspective. That means from a daily and weekly time frame. And there are certain times of the year that we like certain setups to form. In May of every calendar year, going into the first and second week of June we favor shorts in stock index futures
The goal here is to learn how to anticipate the formation before it happens.
💎We look to combine Sellside with PD arrays.
NDOG is the difference between the close on 5pm and open on 6pm.
💡Draw at least 5 NWOG and journal the levels every week in case something gets deleted on TV. This is the difference where we close on Friday and where we open on Sunday.
If we were to go below the Daily FVG, the next Discount array is the 4h FVG. The basis is that it can reach down there, but we are also aware of the Daily FVG.
Volume Imbalance is the separation between 2 candle bodies. That means that the algorithm hasn’t delivered price efficiently between these 2 price points to the marketplace. Its a micro FVG. You could use it to get in sync with the Order Flow.
"Everybody who is impulsive and new to trading, they don't generally use stop orders either for protection or for entry and they very rarely use limit orders too. So what's the type of order they usually gravitate to most when they're trading? Buy it at the market, sell it at the market.”