WRB Analysis Price Action and Trading

This course is in  Microsoft Word.

WRB Analysis (aka Wide Range Body Analysis) is only a price action analysis that works with your trade signal strategy. In fact, if you do not have a trade signal strategy…you can not use WRB Analysis. In contrast, Wide Range Bar Analysis is a trade signal strategy.

WRB Analysis involves using candlestick charts whereas Wide Range Bar Analysis involves using bar charts and we’ve seen Wide Range Bar Analysis associated with automated trading systems or mechanical trading systems. In comparison, WRB Analysis is a discretionary price action analysis as you can see when you download / read the WRB Analysis Free Study Guide.

WRB Analysis (Wide Range Body Analysis) involves Key Market Events (KMEs) as explained in the WRB Analysis Free Study Guide. Simply, WRB Analysis recognizes the importance of the “first WRB Hidden GAP” interval that appears after a key market event but only if it qualifies as either a strong continuation price action or swing point price action…resulting in as a WRB Zone.

Also, WRB Analysis puts emphasis on “contracting volatility” intervals whereas Wide Range Bar Analysis refers to these particular intervals as “narrow range”.