Hi Everyone,
Could anyone give my a hint on how to get more from the WOM graph on the advanced ladder page please?I understand that when the line is above 50% it`s showing more money on the lay side and below on the back side,and i`ve heard that many traders use this graph to confirm entry and exit points but i don`t seem able to spot anything? It just seems to bounce around in a random fashion? I`ve tried changing the settings but it still doesn`t seem to give much of a guide as to whats going on. thanks for any help greg
W.O.M. Graph
Thank you Euler very much for your reply.I`ve heard that you use this as a final comfirmation before your entry,is this still the case? if so then how? how many clicks adove or below before you take this as a signal? how do you have the settings? from 6mins to the off it just seems to jump from one side to the other? thanks greg
I don't suppose there'd be any chance of a video on this please?
Your idea of what constitutes persistance might be different to mine or another trader's, so it would be useful to see how you gauge WOM.
Jeff
Your idea of what constitutes persistance might be different to mine or another trader's, so it would be useful to see how you gauge WOM.
Jeff
Euler wrote:It's more the persistance of WOM that you need to focus on. Persistanty above the line means more people are laying than backing and vice versa.