Would u plz put some lines on How to determine the Dealer Range Deviation...how have you drawn the boxes above and below the Range....I missed some important bits of the concept....Fuzzbuggy said:EURUSD H1
ovidiux said:EURUSD M15
what was wrong with this? :-\
bronxterp said:IMHO daily bullish bias. I've tried to piece the parts of the puzzle together. NFP strong reaction up after initial drop. Tuesday we saw a strong impulsive move. Yesterday we saw tight contraction with no clear signs of selling. I would not be looking for shorts in this environment unless we were in a clear range. As I type this, Draghi knocks it down 70 pips lol
sqa said:Unless the Weekly EMAs are expanding, it's generally a flat signal.
Still, the Weekly Order Flow was broken to the downside as of April 6th or so. It barely retraced into the 50% Fib, which is an Order Flow rejection.
This is simply a down Weekly market. If you flip your Fib, I think you'll see the problem. Especially with NFP went on May 2nd.