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What I tend to do is Build my SR info off the 4hr time frame Using (WRB's) wide range bars, then zonalise them,
then drop down to a 1hr and 15 minute timeframes. These then become my two main charts for making my trading decisions.It's a concept I've sorted developed and tweaked over time.
Once you understand the theory, you need no other indicator on your charts other than Volume/order flow at these zones.
I think we are right in the middle. Could move to 1.3000, could move to 1.2600. I am on the sidelines for the moment waiting until I can see the market better.
I agree, "right in the middle." The lights are on, but nobody's home.
I'm sending in a soldier, short @ 1.2797 stop @ 1.2807 looking for a tag of my pivot 1.2780 to get things going. I'm drawn short to those POCs, we spent a lot of time in this area yesterday. I always think, take it down to take it up, and take it up to take it down.
This has been a slow and scary session in front of a the UK news. After the market lifted and rotated around even, I took a chance on price retracing the range from +2SD to -2SD, thinking, a "nudge" below the session low would put the pivot and the 1.2772 POC into play. As always, when standing in front of a train, it might take a few "miles" for it to stop (leaving money on the table).