DislikedHi Rufus
I'm really starting to see the logic and simplicity of supply and demand and how you use it....Ignored
Beautiful sunrise in the mountains today. I am not going to do much hiking around today, knee a bit sore.
Now for your question.
If the S/D area is on a weekly chart and it is the first visit I am not to concerned about placing a counter trend position. Now if theS/D is on 1hr chart I am much more careful with the position. Tighten stops, reduce position size etc. I will also start taking profit quicker. S/D aeas exist in all time zones. The biger the time the more reliable the area, generally.
So any way the th ing to remember is that you have to be aware of price in all time main time frames. I made the mistake a few weeks back of taking a long signal that was 15 pips under a weekly demand level. The market teaches you quickly. and if you don't learn and/or protect yourself the market will punish you. I link to think of the dollars I send into harms way as troops and it isbmy responcibility to do all I can to protect my troops.
typing on my phone with these meat hoohs I have for fingers is a trip. I love the chalange of the markets so I will put up with this little keyboard.
Trade safe
Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.