Trader | Mills πŸ©ΊπŸ“Š
Trader | Mills πŸ©ΊπŸ“Š

@Lor_dmills

14 Tweets 87 reads Nov 27, 2023
Simplified: PD ARRAY [DEALING RANGE]
A Th~read🧡πŸͺ‘
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This is a MUST read!
PD Array AKA Dealing Range is a very important concept in trading.
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β€£ Why do we use Dealing range?
1. Scouting Internal and External Range Liquidity:
2. Defining your lower time frame entries:
3. Defining your Directional Bias:
4. Building a narrative:
β€£ What is this Dealing Range or PD Array?
A Dealing range is a measured range from a swing high to a swing low and vice versa.
You can do this by using your Fibonacci Retracement Tool.
A Dealing Range is comprised of;
- Premium:
- Equilibrium:
- Discount:
Buy side liquidity rests on premium prices.
While,
Sell side liquidity rests on discounted prices.
A chart illustration describing how to map your Dealing range in a Bullish & Bearish market. πŸ‘‡
That would be all for now.
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