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SESSION OVERVIEW
Today’s London session for DAX saw a Sustained Auction that transitioned to a Value Acceptance with full rotation through Value before seeing a Reversal.
PUBLIC TAKEAWAY
Not all opportunities are created equal. The Sustained Auction was too close to the Value Area Edge Low. When Price accepted value it did so only with C TPO closing slightly, not very confidently, within the Value Area. With H4 supply within the value area the Value Acceptance play would have been tricky to say the least and low probability. However, price rotated fully through Value Area before rolling over. After an acceptance of value with full rotation a Reversal becomes yet again a lower probability trade.
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