Fletcher NC
Market Wizard
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 862 since Mar 2012
Thanks Given: 287
Thanks Received: 581
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the difference in types of openings is not just a probe in one direction then a reversal. it is the tempo .. how fast the market moved or conviction. if it slowly grinds in one direction for one or two 30min, bars ..that is a opening rejection...if it sprints there fast like a opening drive then the brakes are slam-ed on. that is a opening test drive. there is most of the time a 3 or 4 tick leak with small prints going through the reference point. with the rejection it my stall or retest the reference be for it reverses ....hope it helps
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