The short move...
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die young 8 replies
DislikedOnce again, no DZ for me today - it'll be the same tomorrow as well. Outside life and all that. No idea what's happened one way or another as had about 30 seconds to get to the B*A*D Trade set-up before the off. I wasn't interested in any long move as there was a Supply Zone right above the H1 Set-Up candle high on the m1 chart and that's how it proved. A tiny, micro-blip North, followed by a period of indecision and then a good drop down out of the upper WZ. +5% and on. B*A*D Trade (Done WZ short into the body). +5% {image} Seems to have been mighty...Ignored
DislikedJust before I crash. Here's an update on the B*A*D Trade set-up. If you'd hung around after the initial move, then there was a superb move long out of the lower WZ with Demand Zone backing, which has now also just thrown out a rebound move short, from the Supply Zone above for added bucks. {image} G'night, all.Ignored
Disliked{quote} Thanks Lem, i seen u mention supply and demand lately...do u know the work of Sam Seiden..?Ignored
Disliked{quote} I do know his work. I don't get into it that deeply, however. I use S+D at its most basic, with a solid indicator that I trust. I'm kind of like the driver who only needs to know that the right pedal makes it go faster and the left pedal stops it. Doesn't need to know any more than that (I'm being American here and leaving out the clutch pedal - that just gets in the way, lol). You can then go more deeply into the mechanics of things as and when you want to, to whatever level you want to go to.Ignored