Regarding Zone #2 -- I now see that as a small window where the MM is not playing its manipulation game. It's within this small window that I want to open a trade. Once the price returns to what the MM considers "fair value" then that window closes ...

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@Weyk -- thanks for your post. image I'm missing something. I don't understand the significance of the MM nibbling away at a liquidity gap. Is that supposed to be a signal to open a trade? If it is suppose to serve as a clue for direction, I don't ...

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@handy148 -- I eventually was able to download the indicator. But when I attached it to a chart it didn't detect any "Double Top Bottoms". The author is well known and a prolific coder, so I don't doubt the legitimacy. Thanks for pointing it out -- ...

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@rosalieone -- okay -- I think I can see what you mean. And I have a couple of comments / questions: 1. Liquidity gaps are not well known and are difficult to spot (without an indicator). I have a hard time imagining the MM using them as a false S/R ...

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@LongBTC -- we're partly thinking along the same lines and also partly diverging -- which fine. The important point is to keep thinking and analyzing. Where we overlap is we are both looking at Zone #2 and the immediate aftermath of the spike / ...

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@Pumi -- this is all good stuff. And asking "why" is a great question -- just keep in mind we're all in the same boat. I like the comments / feedback / questions that come from different perspectives because then, slowly, slowly we might assemble ...

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@handy148 -- interesting -- thanks. I signed up to receive the free indicator -- haven't yet received a link. Did you receive the indicator?

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@Pumi -- aren't those price gaps (as opposed to liquidity gaps)? Price gaps don't need to be filled. There was no spike (perturbation) caused by the MM -- hence, no cleanup was necessary. Hence no Zone #2.

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I'm on a roll, so I thought I would expand more on this idea of Zone #1 and Zone #2. image The image above is an example of what I'm referring to as Zone #1 and Zone #2. This is a cherry-picked, hindsight view from GBPUSD earlier this month. I'm ...

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@LongBTC -- yes, I've noticed that, as well. I'm not (yet) sure how best to incorporate liquidity gaps as part of a trading strategy, but they definitely are interesting markers. For now I'm treating them as the beginning marker of Zone #2, where: ...

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Interesting -- thank you @Nih98. I'm still trying to digest it.

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@ficibald -- I don't think it is right to ask others to interpret a chart for you. We are all in the same boat. Come up to speed on what the thread is about and then take a stab at commenting on your own chart.

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Another thing occurred to me. The target levels computed by the MMDetective (or smFractalLevels) indicators that I removed from the chart I posted above (post #1648) might actually prove useful as Exit points. I don't know -- just a thought...

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@TopCover -- toward the very left of the chart there is clearly a bullish spike -- that's the Zone #2 I'm referring to, where the MM has shown it's hand. It's not clear to me point A on the chart represents the MM showing its hand. The lower lows ...

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@mixedbags -- looks interesting -- thank you. I will check it out further. Since his indicator is a dashboard and not graphical, then it's a bit difficult to see how it would have traded in hindsight. I will add it to one of my life accounts and ...

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@LongBTC -- I can't help but chuckle -- you're a good detective. It's a simple "place holder" indicator I wrote that creates a blank subwindow. @cja's dashboard has a setting that allows you to attach his dashboard to either the main chart of one of ...

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@Robot Trader -- I should have been more clear -- it was a hindsight setup. Perhaps not the best example. I was just looking for an example with a bullish spike and liquidity gap that got filled. The combination of MM showing it's hand (i.e. ...

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image Here's an example of how this rookie experiments. Same chart as above, but I've also attached the standard stochastic indicator. Since this is a bullish spike that poked above a TMA band and re-entered from above -- then I'm only thinking ...

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@Robot Trader -- at the time the spike occurred and the price began to re-enter the TMA, the liquidity gap hadn't yet been filled. But, over time, you can see that it does get filled -- precisely. The Zone #2 I'm referring is the immediate aftermath ...

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@Nih98 -- no one writes posts like you. The information and insight you share is unmatched here at FF. @Nih98 -- as always, indebted for your wise words. Thank you.

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