Dadas,
Pardon me if you have already answered the question. Intraday, do you give weight to looking for PTECZ's/TBCZ's or you stick to your analysis from day/days before?.
Intraday, can be helpful but certainly adds more noise and messes up your set up from day/days before. I find when the range is wider than normal, it comes in to play. Example ES ATR (14 day) is 17 and range today is 22 as of now or for that matter it was 40, 4 days ago.
Second question, (all the posts that related to Engulfing understanding, to me it was always as you understood ie body only encloses the body of the previous candle), if the body is wider (not less or equal) than the previous candle ie skewed, to me that is Breakout or Breakdown (I still would call it Engulfing) - do you concur?
Third question, have you used your methodology with market profile? I am observing PA in addition to these levels. Very interesting.
I am forced to create everything as I cannot use your templates. Advantage, hard as it may be, gives me as a byproduct great practice in drawing Zone Candle colors, PTECZ's and TBCZ. I do it everyday with eminis I trade.
Thanks, Dadas.
Pardon me if you have already answered the question. Intraday, do you give weight to looking for PTECZ's/TBCZ's or you stick to your analysis from day/days before?.
Intraday, can be helpful but certainly adds more noise and messes up your set up from day/days before. I find when the range is wider than normal, it comes in to play. Example ES ATR (14 day) is 17 and range today is 22 as of now or for that matter it was 40, 4 days ago.
Second question, (all the posts that related to Engulfing understanding, to me it was always as you understood ie body only encloses the body of the previous candle), if the body is wider (not less or equal) than the previous candle ie skewed, to me that is Breakout or Breakdown (I still would call it Engulfing) - do you concur?
Third question, have you used your methodology with market profile? I am observing PA in addition to these levels. Very interesting.
I am forced to create everything as I cannot use your templates. Advantage, hard as it may be, gives me as a byproduct great practice in drawing Zone Candle colors, PTECZ's and TBCZ. I do it everyday with eminis I trade.
Thanks, Dadas.