October 1
Intraday Market Profiles
CBDR - Central Bank Delivery Range.
Formation - 14:00 - 20:00 New York time (UTC - 4)
If you need indicator for Tradingview, you can use this one.
https://tradingview.com/script/LmZFcJyB-bta-trading-ranges/
Buy Profile: London Normal Protraction
- CBDR* is less than 40 pips
- Asian range is between 20 and 30 pips
- The market moves down after 12:00 am NY until 2:00 am NY
- Protraction phase or Judas swing within 1-2 standard deviations of the CBDR
Buy Profile: London Delayed Protraction
- CBDR* may or may not have a suitable range
- Bias is bullish, but protraction is delayed
- IPDA will enter the protraction phase at or shortly after 2:00 am NY
- Long positions are considered after a pullback into intraday Discount Arrays