Disliked{quote} C, sitting through that heat - I have a 15min and a 4hr chart attached. You got in at the bottom of that move up and the ellipses are where you sat through a little heat. What makes you not jump out there? Is it because you just touched into demand on the 4hr and you're expecting a big move up to a more significant supply on the 4hr? I'm transitioning into trading the larger time frames now, and I assume this is the reason. I just wanted to hear your thoughts... thanks{image} {image}Ignored
The live is solely used for short term intraday scalps and strictly no experimental stuff, overnight holds etc. I do notice almost every day price goes much beyond my take profits so it makes sense to practice running these if I get a higher timeframe move.
I noticed you've drawn supply at the top (H4) but not the demand area at the bottom. Even though price did some pissing around, we had a strong H4 bull engulf out of a strong H4 demand. As a higher TF trade (with a stop loss behind the zone) it was a textbook entry.
Here's my H4 chart based on NY close. Technically it was fresh H4 demand formed within a wide H4 demand area. M30 was the sweet spot for the base of the initial level.
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