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The 2 arrows have appeared on my chart (computer with MS Office). You're right as always!
I still cannot figure out what the arrows are?!! I have highlighted them in the ellipses. First I thought the black and pink arrows indicate Open and Close respectively. They are not. Please enlighten me. Thank you very much.
Beth
Can you help answer these questions from other members on NexusFi?
Thanks Adrien. Guess the pink arrow (Close of bar incurs) means something important though my petite head is too stuffed to understand .. Sorry. No worries .. I may figure it out at a later date.
Newbie me finally resolved the arrow myth. I did not understand what Price stands for when I click "Show Data Box" on a price bar. Price has been confusing me with Open. Thanks to The Wizard. Now I know Price = my cursor position - gosh!
Arrow right = Close of Bar incurs: With Price off my "myth" list, I realized what this is.
See, that's what will happen when I'm stucked. My warmest apologies for my "stupid" question and thanks very much for accomodating it!
Actual trading wise I think the easiest setups on MP is to use it on a range bound day, wait for the range to build and then front run a breakout of the value area on a flag or fade a false breakout from the value area based off the tape.
I find those easier than one time framing just because the setup is really clear.
Thanks for your sharing. I started watching a MP video and it has covered Rotational (Range Bound) days. Exactly as you pointed out, get in a trade after a breakout of the value area is being rejected. Will you please elaborate more "based off the tape"?? Do you have the Time & Sales box and read the tape that way or ?? Thanks.