OTA - Odds Enhancers Components

Question 1

Strength

Answer 1

The stronger the move out of a zone, the more out of balance supply and demand are in that zone

Question 2

Strength: Moveout

Answer 2

Series of leg candles with consecutive closing prices in the same direction, measured from proximal line to most extreme price of the move out candles

Question 3

Strength: Breakout

Answer 3

measured from the base of a zone, if the leg-out portion crosses “beyond” (this means above or below depending on the type of zone) the Leg-In, it is considered a Breakout

Question 4

Breakout of a Demand Zone

Answer 4

when measuring from the base, the moveout crosses ABOVE the preceding SUPPLY

Question 5

Breakout of a Supply Zone

Answer 5

when measuring from the base, the moveout crosses BELOW the preceding DEMAND

Question 6

(T/F) All moveouts are breakouts

Answer 6

False

Question 7

(T/F) All breakouts are moveouts

Answer 7

True

Question 8

Time

Answer 8

Small base = less time spent there, more unfilled orders, more out of balance the supply and demand is at that zone/price point.

Large base = more time spent there, lots of filled orders, supply and demand is very stable at that zone/price point.

Question 9

Freshness

Answer 9

the measure of how far, if at all, price has entered the zone in question (analogy: double-dipping is not fresh!)

the fresher the zone, the higher the probability price will reverse direction in that zone