DislikedThis is where the method I use differs. I concentrate on the consolidation or pivot areas (not pivot points) as this is where price broke out, the flash point of the move down that created the supply/demand zone in the first place. What troubles me about hidden gap's zones are that they are too far from the original source for an entry point when price returns. However, on the flip side when price doesn't quite make my previous consolidation areas on return (although I have a 10 pip entry from the zone) hidden gaps zones make a lot more sense. HG,...Ignored
I found with VSA and all other indicators that it usually gets a guy into a trade late when prices have already started moving away from a level.
I only take trades that have at least a payout of 3:1 reward to risk ratio to the next supply or demand level as well as some other rules I follow.
I have learned everything about the way I trade now from a fellow named Sam Seiden. I think the guy is one smart dude. I don't personally know him but have studied everything that can be found on the internet that he has produced.
I would recommend his studies to anyone who wants to become a better trader. JMHO.
I am not dissing VSA, traded that way for the last 2 years and have come to the conclusion that the way Sam Seiden teaches is now the only way for me to trade, it just makes the most sense to me.
Peace, Scott.