i developed Trading box tool
It's a game changer for me and my forex team.
youtube video link below:
i am interested in your feedback
Re the above two posts: tedious.
Hello FF, hope you're all well.
Doing today what I always did but with the addition of a much developed supdem indie that
now works properly in terms of zone filtering and user-programmable audio alerts.
Day trading 4 x pairs on M1 charts.
If price hits a fresh RBD supply zone then turns and prints bearish engulfing PA - sell it. Stop behind the zone.
If price hits a fresh DBR demand zone then turns and prints bullish PA - buy it. Stop behind the zone.
Holding nothing overnight.
Take care all
Glad I came across this thread. I trade SD with PA patterns as entry confirmation. I understand most SD traders like to use limit orders and wait for them to trigger when they hit the zone. You definitely miss some trades by waiting for confirm entries but it has also saved some potential losses. Subscribed to the thread, appreciate you consistently putting up content Simon
orders, i.e. trader belief that the market is going to turn at a predefined zone can be an incredibly frustrating
process, and an account killer. In that respect, pattern confirmation at the zones, while not a panacea, does give
us an additional element of common sense information just prior to entering the market. A good general knowledge
of traditional PA standards such as, pole and flag, double-top/bottom is still important as well because PA like
this may at times provide additional context for our zones, and therefore our trades.
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