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No, i used the previous days YM value area and POC points from mypivots.com. Once prices fall back into the value area as the gap is filling, they oscillate all day long within the value area. Locals testing the high and low value areas looking for initiators. I used 13676 VH, 13656 and 13648 for POC and VL.
tony |
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Tony,
if price is above VH ... would you initiate only long trades in that case?