DislikedTrader555 This is a quote from post 1. When is a supply or demand level confirmed as a level? We need that the opposing supply/demand area is taken out (absorbed) before we consider an area to be valid AND/OR price making Higher Highs or Lower Lows in the timeframe where the level is being drawn If previous opposing area is not taken out AND/OR price is not making HH or LL, the new level will be negated For instance, if we see a D1 demand forming, we'd require that at least one full candle (OHLC, Open, High, Low and close) closes entirely above...Ignored
- #4,643
- Aug 22, 2014 1:58am Aug 22, 2014 1:58am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #4,645
- Aug 22, 2014 2:38am Aug 22, 2014 2:38am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #4,652
- Aug 23, 2014 12:41pm Aug 23, 2014 12:41pm
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #4,655
- Aug 25, 2014 7:42am Aug 25, 2014 7:42am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #4,658
- Edited 6:33pm Aug 27, 2014 2:20am | Edited 6:33pm
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #4,659
- Aug 27, 2014 2:21am Aug 27, 2014 2:21am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #4,660
- Edited 4:58am Aug 27, 2014 4:40am | Edited 4:58am
- Joined Jun 2009 | Status: Trader | 1,946 Posts