Disliked{quote} Can you please explain what data leads you to this conclusion of "true price" .....thanksIgnored
Just some fancy math - work I created to give me a pristine clear version of price.
Disliked{quote} Can you please explain what data leads you to this conclusion of "true price" .....thanksIgnored
Disliked{quote} It is simply volume adjusted price. Just some fancy math - work I created to give me a pristine clear version of price.Ignored
Disliked{quote} so historic volume at a particular price level indicates demand, which indicates true value?Ignored
Disliked{quote} First thing is to differentiate between buy and sell volume per period. Then map this net volume to the total volume done so as to create unique price points. Sometimes the true price leads ordinary, at other times it lags but ordinary price is always attracted to the true price.Ignored
DislikedFor NZDUSD, the true price as at the close of the last H1 candle is 0.65336 while ordinary price is 0.65357 I expect ordinary price to trade back below 0.65336 then re-test the EXACT level for the sell off to begin.Ignored
Disliked{quote} If you can be bothered, what do you see as true price EURJPY on the D1 or H4Ignored
Disliked{quote} Weekly: 123.854 (current week's true price) Most recent support on weekly: 123.76 The true price suggest that there is still quite some upside to be done by this pair.Ignored
Disliked5th period, EURJPY H1 Notice that the true price has been lower than ordinary price thus far and is declining. Let's see whether ordinary price can become lower than true price (at this point, the intra-day support will form) and buyers will begin to step in. {image}Ignored
DislikedOnce a H1 candle closes ABOVE 121.262 the buy has been confirmed. If it closes too far above 121.262 one can place a buy limit at 121.262 (make room for spread plus one pip) Your trade once executed will have the least possible draw down. Enjoy the trade!Ignored