Thanks Porkpie! As far as the hourly level strength, it's poor yes. But if I'm at a D1 supply area, the level is brand new and fresh, then I will go for it. If I were located somewhere else, in the middle of the curve for instance, I would wait for a bigger imbalance and at the same time it should remove the previous supply/demand area in order to validate the level. But since I was in D1 supply, fresh levels are what I want. There was also an accummulation/distribution pattern I use a lot onm H4, that was the clue.
It's the same pattern I used to go long right after I closed my short trade on the eurusd.
Alfonso
It's the same pattern I used to go long right after I closed my short trade on the eurusd.
Alfonso
Disliked{quote} Nicely executed. That hourly level is very weak though. I'd be interested in your definition of a supply zone given its weakness. Perhaps more legitimate on a lower time frame such as the M15. ThanksIgnored
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Set and Forget supply and demand trading community
My current iteration of the method is to look at the 4 hour charts to see if I'm near a RBD or DBR zone ( the major turning points) and try to catch the entire trend down on one big trade while scaling in on opportunities along the may to maximize profits. Once the trend is fully developed, it isnt as hard to scale in as needed, but I'm having an especially hard time with that first trade of the trend (which coincidentally is the most profitable trade if caught right usually offering between 10 and 20 R). I'm using bollinger bands on the 4 hour also and I wont take any smaller tf trade entries unless the bollinger indicates oversold or overbought at my key RBD and DBR zones. Trying to catch the trend and ride it the entire way down with little risk is proving to be EXTREMELY hard to do consistently and if you have ten losses in a row trying to do this, then what is the point in even employing this method..?? Can anybody on here help me with this please. What have you guys been doing in order to catch the entirety of these trends?? Thanks in advance. 
