Rick, for Poor Lows during a single RTH session, do you count the lowest pair of 30 min periods within [2] ticks, the rightmost pair of 30 min periods within [2] ticks, or both? In other words, is there one or two Poor Lows today? Thanks.
Hey thanks for the question , I’m going to answer this in what maybe the a very over simplified way of how I find poor low targets that is no way close to the wya others may identify then and that is quite simply any set of lows that are equal - same price low or high on a 1 min time frame . You can call them equal lows as well as I’ve seen many refer to them in different ways . So today we had a ton of poor highs + lows I was short biased to fill the 6132 equal low from overnight session which is where we hit near mid day today
Rick, for Poor Lows during a single RTH session, do you count the lowest pair of 30 min periods within [2] ticks, the rightmost pair of 30 min periods within [2] ticks, or both? In other words, is there one or two Poor Lows today? Thanks.
Hey thanks for the question , I’m going to answer this in what maybe the a very over simplified way of how I find poor low targets that is no way close to the wya others may identify then and that is quite simply any set of lows that are equal - same price low or high on a 1 min time frame . You can call them equal lows as well as I’ve seen many refer to them in different ways . So today we had a ton of poor highs + lows I was short biased to fill the 6132 equal low from overnight session which is where we hit near mid day today