DislikedIf price is shooting up, that's not good anyway, because the upswing is coming from professional demand. A good short is, when the zone has a large and quick downmove coming down from it, then as price retraces, it is grinding up slowly. Timeframes are not that strictly important, but an H4 zone in my opinion is too large for intraday trading. What I do is, go to H1, are there clear zones around, if yes I mark it, if no, I go to 30M, and so on. Also if I find a good zone on higher TF, I might be able to pinpoint it better on a smaller one, for better...Ignored
DislikedIt's much easier than this. In the past 28 years trading the most valuable lesson I earned wasn't from trading someone else's 'system' but from observing price movement after a series of news releases. Supply and Demand in normal market conditions is always the same. It develops in ebb and flow of movement. When it comes to news releases it's NOT the order flow or demand that makes prices move. The volatility stems from the lack of supply and demand relative to 'normal' market conditions. Volatility is the lack of orders, or willingness of market...Ignored