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
Set and Forget supply and demand trading community