OR / IB

Question 1

What if on a monday no H/L is broken?

Answer 1

When no bouderies are broken on Monday there are NO OTF’s in the market. So there is nothing to do!

Question 2

What if the market breaks out on monday?

Answer 2

Then it is Out Of Balance.
Now you have either short or long, higher timeframe traders in the market.

Question 3

Typically on a day 2 we will see a false break prior to the US session?
Why should you pay attention to that?

Answer 3

This is often the start of a pump or dump scenario

Question 4

What is an OR?

Answer 4

see image

Question 5

Do yo see the OR on this chart?

Answer 5

Question 6

What happens when the market breaks out of the OR?

Answer 6

Question 7

What if monday was an inside day?

Answer 7

Question 8

Another inside day on the OR Monday?

Answer 8

Question 9

Can the OR lead to a 5 day PnD setuo?

Answer 9

Question 10

Can you have a friday reversal on the OR?

Answer 10

Question 11

The first cycle of the OR / weekly template is monday, tuesday and wednesday. Or day 1, day 2, day 3. Do you see this on the chart? Is it a parabolic trend trade on wednesday?

Answer 11

yes, this is a parabolic trend trade

Question 12

Is this a midweek reversal setup?

Answer 12

Question 13

Could this also be a midweek reversal?

Answer 13

Question 14

Breaking out on wednesday of the OR. yes or no?

Answer 14

yes

Question 15

what is a day zero setup?

Answer 15

It is just a pattern, it has nothing to do with the 3 day cycle.

Question 16

Is this a Day 0 setup?

Answer 16

Question 17

What means a narrow range or inside day?

Answer 17

inside days are potentially reversal, false break, areas, or trend continuation trades. (LHF)

Question 18

A higher high on the inside means?

Answer 18

start setup for a Dump and Pump

Question 19

What happens when a FB occurs of the OR/IB?

Answer 19

OTF in the market and new $$ at the other end.

Question 20

A PnD at the HOD/HOW/ IB, textbook?

Answer 20

yes