I wanted to say i found RF very confusing and here's why, if overnight inventory from London is long and most likely Tokyo session dosn't influence too much we will have of course a positive RF but if market is not strong enough it will be necessary to come to balance so meaning it will need to go lower in us session...so am I missing something? I found usefull RF in small balanced areas
Regarding trading, We are in a bracket so acting accordingly it's the idea, I just sold at the top of the bracket, do you guys wait for confirmation to see if the tpo is confirmed as a tail by the next tpo? Logically you should because a tail is not a tail till is not confirmed but if we use this at the top of the bracket is a good risk/reward trade...as you guessed already I didn't wait, but in other situation I would...
Regarding trading, We are in a bracket so acting accordingly it's the idea, I just sold at the top of the bracket, do you guys wait for confirmation to see if the tpo is confirmed as a tail by the next tpo? Logically you should because a tail is not a tail till is not confirmed but if we use this at the top of the bracket is a good risk/reward trade...as you guessed already I didn't wait, but in other situation I would...