Nice Blog on MP
I read the article & it seems the main idea he is saying is that one can have a fair predication of whether day will be two timeframe or onetimeframe based on
1. open type
2. open relative to yesterdays range/value area
Till here I understand but after that his use of IB , ATR & normal range is not clear.
It would be very helpful if after completion of IB itself one can have fair idea of possible daytype as he explains, Can somebody explain this thing
Thanks
Naveen