Mitigation of Orders and Cause for Price Created Tags What is mitigation?
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Bog'liq10. Mitigation of Orders and Cause for Price
Mitigation of Orders and Cause for Price 1 Mitigation of Orders and Cause for Price Created Tags What is mitigation? In simple terms, mitigation is a close of current positions from banks and institutions. The market makers will return price to an OB, to collect their orders, close out, and then stact more orders which is why we usually see price reverse from these OBs. Price will get manipulated, in order to close their positions before reversing price. Here we have a chart of gold, which is showing a great example. So if we start from the bottom and just work all the way up from this whole move, we can see we are completely trending to the upside HHs and HLs. @August 4, 2021 2:05 AM Mitigation of Orders and Cause for Price 2 So if we had this move down which was probably due to a bit of news from that candle but then saying that we are on gold which can move aggressively. But anyway we have this move down, on this candle we left some imbalance and we can see price pulled back to half of this candle, before then pushing down. Mitigation of Orders and Cause for Price 3 And then we can see is here we had this move up, now this isn´t considered a bos, because we had this LL here and then we our swing point or our LH would be somewhere up here. So we pulled back but we didn´t put in a new LL, so price didn´t break this LL. So this highs isn´t confirmed as a LH, so we pushed up with this move, but this is not a bos because we didn´t get a confirmed LH from here. So this isn´t considered an OB, so what we may have is the last down candle which would be here, but its not considered valid for me because we didn´t break this LH here. If we just move on we can see we push up but then we do pullback, then we do bos thats a valid bos for me, so I mark it. So whats mean? Once we bos we have the last down candle which is here, so price is likely to come back, it doesn´t have to, it can be left unmitigated and then price can continue. So what we can see is we bos, we put in a new HH which really was up here, new HL, last down candle before the up move, this is a bullish OB, price came back in and this is a mitigation. So money came into the market here, you know larger orders, price then came back into that level, mitigated their orders or any sell positions that they had prior, came back into that area, we had a bit of imbalance in price that was mitigated basically Mitigation of Orders and Cause for Price 4 meaning filled and more orders are being entered here from large interests of money, and then we can see price reversed from that area. This is not just happening by luck, its all calculated and that is a mitigation. So if we carry the next valid bos would be here, now again it wasn´t with that candle but the move did start from here, because we pullback, then we had a quite an impulsive move up, we had a doji here, but then we had another candle momentously breaking that high there. So bos which is that high, so prior to this we had a HH, HL, a mitigation of that OB, HH, HL and the exact same thing here, have a bullish OB which is the last down candle, but we can refine it to that candle, because this hasn´t actually engulfed the OB, so thats the candle that we can look at. Then we bos, we had a wick mitigation, so is that by change that we come back into fill at least 50% of that OB or their orders closing out some orders and then stacking more and then continuing price. So its just textbook and this is basically how the need to move, so this is just market makers manipulating price, closing previous Mitigation of Orders and Cause for Price 5 positions, mitigation any imbalance that was left which is important in some degree but imbalance isn´t always needed. In this OBs and this mitigations we do have LTF entries that we can take but Im not going to get into that in this video this is just showcasing mitigation and why price is doing this. So if we just carry on this is the most recent HH so where did price bos, where it was on this move here. We broke that wick, we put in a new HH, we have a clear range or a consolidation here so price is moving sideways. What we can see is we have this move that is moving up, so we can sort of disregard this and then we can look at moves from here, because this is where price is moving sideways, so we can see a clear demand level, this is just building liquidity and price is getting ready to initiate out. So what we have here is a range or consolidation, price then initiates out which basically means moving away and bos, and then we have a mitigation which is as Mitigation of Orders and Cause for Price 6 we have discussed price comes back in mitigates, fills orders, more orders being placed and then finally the fourth. What happens next is basically continuation. Download 0.67 Mb. Do'stlaringiz bilan baham: |
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