什么 Creates a 价格 Imbalance?
A price imbalance forms when institutional orders 创建 such strong displacement that normal two-sided trading cannot occur. Imagine a bank placing a $500 million buy order — price rockets upward so fast that there aren't enough sellers at each price level to match every buyer. This leaves gaps in the order book that we see as 公允价值缺口 on the chart.
Types of Imbalances
公允价值缺口 (FVGs): The most common type. A 3-candle 模式 where the middle candle's displacement is so large that the wicks of candles 1 and 3 don't overlap. 打开ing Gaps: 价格 opens at a different level than it closed (common in stocks and forex). Volume Imbalances: Areas where buying or selling volume was disproportionately one-sided, even if a visible gap didn't form. 流动性 Voids: Large gaps 创建d during news events or flash crashes where almost no trading occurred.
为什么 Imbalances Get Filled
3月kets seek efficiency. An imbalance represents inefficiency — a price range where fair value wasn't established through normal trading. Like water finding its level, price tends to return to fill these gaps. The fill rate varies: FVGs fill approximately 70% of the time. Consequent encroachment (50% of the gap) is reached even more frequently at approximately 80-85%.
Trading the Imbalance Fill
第一步: Identify an unfilled FVG in the direction of your 偏向. 第二步: Set a limit order at the FVG boundary or the CE (50%) level. 第三步: Stop loss beyond the FVG. 步骤 4: Target the opposing liquidity pool. Key rule: Only trade FVG fills that align with the higher-timeframe trend. Counter-trend FVG fills have much lower probability.
Imbalance Stacking
何时 multiple FVGs stack in the same direction during a strong trend, the first FVG (closest to current price) is the weakest and the last FVG (furthest 起 price) is the strongest. Institutions protect the furthest FVG because it represents their initial position. If the first FVG fails, expect price to reach the second or third — each one is a higher-probability level.