What Is a Fat Wick, Actually?
Rejection. Liquidity. Failed continuation. Someone got trapped, someone got paid — the wick is where the fight happened.
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Futures trading, strategy, market structure, auction market theory, and order flow — everything underneath the FAT WICK systems, explained.
Rejection. Liquidity. Failed continuation. Someone got trapped, someone got paid — the wick is where the fight happened.
Markets exist to facilitate trade. Everything else — range, value, rejection — falls out of that one idea.
Delta tells you what just happened. CVD tells you what's been happening. FATBOOK shows you both at once.
There is no magic strategy for every condition. There are specific systems for specific conditions.
The first move of the session tells on itself more often than traders give it credit for.
EXT, 80%, 50%, 20%, EQ — a simple ladder for a not-so-simple question: where does price sit in the auction?