Something I've found so useful over the last few years, and so insightful when I discuss with others. A thread on how I engage with... Single Prints 🧵
Here's what's discussed in the thread... - what is tpo - how to identify single prints - inefficiencies - edges - single print tails 2/8
What is TPO Shortened abbreviation for Time Price and Opportunity. TPO charts are like any other profile, but instead show a distributed profile of time against price. Highlighting areas where price spent little to most time throughout a given session. Typically based on a
How to identify single prints Quite simply put, these are areas of price in a session, visited by only a single candle. As a result, on the tpo profile there is only a single letter print in the region. The size of the prints are dependant on the tick size you choose for the
Inefficiencies When price moves volatile (price aggressively distributes under low liquidity environments), inefficiencies are created. Typically at the lows and highs of sessions. Expect these areas to be revisited as the market has failed to auction in a proper way. In
Edges Provide really good levels to trade from. Single print rows tend to derive from a candle that has moved in an imbalance (out of previous fair value and into new fair value). Hence when price enters into the new area of balance, it creates an edge that separates from the
Single print tails Tails are simply single prints that form at the highs or lows of a tpo profiles sessions. A good indicator that price has auctioned well (given the tail isn't too large), and that price can look to hold outside the area. Lows = buying tail Highs = selling
Conclusion If you learnt something new and would like to learn more, make sure to check out my other posts. Leave a follow and like to show your support, if you liked this thread. Standard settings I use on TPO being on BTC. Tick size $50 worth or 500 on linear. All examples
@Exoticktrades Brother in buying and selling tail, if suppose that, there is trapping of buyer and sellers vice versa, so there might be chance that we can collect stats, on basis of how many time rejection of price when price revisit the selling and buying tail!
@Exoticktrades How to use
@Exoticktrades 💕 lovely
It took @Trader_Dante 7 years to get consistent I don’t know why people expect to be profitable within 3 months Come back to reality bros
Gets ran over or holds the low?
one of my favourite session setups:
ES just took out the second 15 pt rotation of 6868. WE now target 6853-55 then remember the gap at 6841.
