hard · Volume Profile Analysis trading-strategies
An Open Rejection Reverse (ORR) occurs in the USD/JPY session. Price opens at 150.20, drives to 150.45 in the first 10 minutes, then reverses and breaks below 150.20 at 10:25 on 2.8x average volume.
Where is the most defensible stop-loss for a short entry according to the opening-type framework?
- At the prior session's VAH.
- Just above the failed probe high at 150.45.
- At the opening print of 150.20.
- 15 pips above the entry at 150.35.
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis trading-strategies practice
- Where is the most logical place for your protective stop-loss?
- Based on the concept of 'naked POC decay' and magnetic pull, what is the most disciplined
- What is the most defensible stop-loss placement for a short entry based on this rejection?
- How should a trader manage counter-trend resistance levels in this environment?
- If the first target is an HVN at $1.37500, what is the Reward-to-Risk (R:R) ratio of this
- A trader identifies a rejection setup on EUR/USD. Price touc… — How should this trade be s
- A price probe at $1.3615 is followed by a sharp retreat, lea… — How should this 'Failed Au
- A trader views a 'b' shaped Volume Profile where the volume… — Which sequence of events mo