DislikedWell it is clear that I have a lot to learn about this method. I was Stopped out on this one. This is what I think went wrong.
1. The way the price approached the Demand Level. In this case it was too slow, it took several bars to get there, so there where almost no reaction.
2. I could have considered Level over Level to see the need of using a bigger SL and because that SL would have been too big I would have preferred to avoid the trade.
3. The Daily TF is showing a nice Demand Level, I should have waited to start seen the reaction form...Ignored
Thais is how i see it
http://s13.postimage.org/b4btrwy6v/C...y_snapshot.png