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Verb replied Jun 22, 2011I personally do not force specific time-frames onto my charts since the process is simple. I prefer to manually switch to higher time frames: weekly & daily. Visually confirm the logic for the trade. Drop down to your chosen entry time-frame and ...
Romancing the Price
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Verb replied Jun 22, 2011Was wondering when someone would catch that. My target on the trade was conservative recognizing imminent supply. When buying into a weekly supply zone, be conservative on targets. When selling into a weekly demand zone, be conservative on targets. ...
Price is everything
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Verb replied Jun 22, 2011My Logic for Entering Trades with Supply & Demand Zones — My Logic for Entering Trades with Supply & Demand Zones Briefly: Switch to Weekly and Mark off Supply/Demand Zones Switch to Daily, what is the slope of the 50 SMA, determines ...
Romancing the Price
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Verb replied Jun 22, 2011AUDCAD Demand Zone — Target hit. Trade duration = 19 hours.
Price is everything
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Verb replied Jun 21, 2011Logic for Entering Trades with Supply & Demand Zones — Briefly: Switch to Weekly and Mark off Supply/Demand Zones Switch to Daily, what is the slope of the 50 SMA, determines whether you will be a buyer or seller. You can use whatever ...
Price is everything
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Verb replied Jun 21, 2011Switch to the weekly chart. Mark off your levels where demand and supply are. If you are going long on your chosen Entry Timeframe into a weekly supply zone then that is a no trade. If you are going short on your chosen Entry Timeframe into a weekly ...
Price is everything
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Verb replied Jun 21, 2011Hi Les, those levels have been used too many times at this point. Basically sellers have been absorbed at this point thus clearing the way for buyers. What we need is a zone where fresh sellers would be willing to sell in the context of a daily ...
Price is everything