Cryptocurrency Q&A
What is the 80% rule in futures trading?
What is the 80% rule in futures trading?
TaekwondoMasterStrengthHonorGlory
Thu Jun 06 2024
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6 answers
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Could you please elaborate on the concept of the 80% rule in futures trading? I'm quite interested in understanding its significance and application within this field. Could you provide an explanation of how this rule works and why it's considered important? Additionally, are there any specific strategies or guidelines that traders should follow when adhering to the 80% rule? Thank you for your time and assistance in clarifying this matter.
6 answers
Carolina
Sat Jun 08 2024
Subsequently, if the market reverses and returns to the value area for two consecutive 30-minute intervals, this is considered a significant occurrence.
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AzrilTaufani
Sat Jun 08 2024
The "80% Rule" is a pivotal concept and strategy within the Market Profile framework. This rule primarily focuses on the market's behavior within the value area, a critical component in technical analysis.
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CryptoGuru
Sat Jun 08 2024
The rule is triggered when the market opens or moves beyond the boundaries of the value area. This shift in market activity signals a potential change in momentum.
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CryptoLordess
Fri Jun 07 2024
According to the 80% rule, such a pattern indicates a high likelihood of the value area being completely filled. This filling process often signifies a resumption of the market's prior trend.
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CryptoGladiatorGuard
Fri Jun 07 2024
Traders utilize this rule to identify potential entry and exit points. By recognizing the patterns associated with the 80% rule, they can make informed decisions about their trading strategies.
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