Hi there Xkaern!
Welcome to the thread! I'm glad that you have finally decided to contribute to the thread
Let me answer your questions...
Set & forget trades depend on the imbalances of the higher timeframes as well as how fresh and original a level is at the entry timeframe's. The fact that there is a higher timeframe area does not mean that you should necessarily set & forget. You could if you wanted of course. You should score the level before you do...
Speedbumps are in control while the market is trending, if the trend starts changing and demand is being taken out in an uptrend, speedbumps are not higher odds. The curve is mearured from the extremes (valleys and peaks, swings). You can use speedbumps on the spreadsheet (I do it a lot) to know where the previous speedbumps are, but by nature a speedbump is good with the trend or at an area where an important S/R was broken. If the higher speedbump is got a really nice score, you can trust it if you want, but it's not that higher odds. Most of the times, there will be intraday opportunities on those speedbumps, but I don't qualify them as super higher odds.
Take a look at the 2 screenshots attached to see a couple of examples of D1 speedbumps not working against the newly formed D1 opposite trend.
Hope that clarifies some of your doubts!
Alfonso
P.D The webinar starts at NY Forex Market Open. 2 PM CEST. I've always seen it open at 2 PM CEST in summer time, never at :30
Welcome to the thread! I'm glad that you have finally decided to contribute to the thread
Let me answer your questions...
Disliked1- Are we not supposed to use a set and forget entry when returning to a larger TF area in control if price is reaching it after bouncing from an existing opposite area of control? See pic here if I can attach properly: {image}Ignored
Disliked2- confirmation trades... sort of relating to caparzo's question. You said we don't need to wait for demand to be broken to short against a pullback in the higher TF supply area, unless the higher TF area is no longer fresh? I guess I'm a little confused here, so I'm going to try to type as I think.
3- You talked about measuring the curve from the extremes and not using speedbumps. A speedbump can be in control, but not part of the current curve? "You can have temporary curves taking the speedbumps during an uptrend/downtrend, but when the intermmediate zones start to break, it's better to go and choose extremes for set & forget."Ignored
Take a look at the 2 screenshots attached to see a couple of examples of D1 speedbumps not working against the newly formed D1 opposite trend.
Hope that clarifies some of your doubts!
Alfonso
P.D The webinar starts at NY Forex Market Open. 2 PM CEST. I've always seen it open at 2 PM CEST in summer time, never at :30
Set and Forget supply and demand trading community