Hi Gen
Good Analysis there, here is my 2 cents worth as a trader who follows the worker ( Day Chart ).
I only TRY to Buy when the weekly is Bullish ( Blue Area ) and sell when the weekly is bearish ( yellow Area ).
I like your entry on breakout at Demand but I would have exited earlier. After that there would be no more Longs for me.
On the Sell, it is still in a Bullish trend so too early. I wait till I get a good Bearish weekly candle then I look for a position to enter. The Day candle is called the worker because this is where the moves occur, I then perform the task of timing the trade on H4. I prefer to add on trades to form baskets when a good pullback to supply occurs.
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- Forex Trading 2018- TA/FA- Setups and discussion
Hi Gen Good Analysis there, here is my 2 cents worth as a trader...
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