Hi Bullzeye,
How are you making those entries? Are they based on the demand level not holding and so you entered as a break out in the thought that there was significant supply to overcome that demand zone so it should push prices down further? I had an entry at the demand zone and it obviously failed - did you try and long in there also? If not - why?
What has been your result trading in this way of breakout of demand and supply zones?
Thanks,
P
How are you making those entries? Are they based on the demand level not holding and so you entered as a break out in the thought that there was significant supply to overcome that demand zone so it should push prices down further? I had an entry at the demand zone and it obviously failed - did you try and long in there also? If not - why?
What has been your result trading in this way of breakout of demand and supply zones?
Thanks,
P