DislikedDear sir, Firstly, my sincere gratitude to you for sharing so much valuable knowledge. I am reading through the forum posts and I'm improving a lot! My plan is to go through all the pages in this thread, looking for new insights and clues to add to my learning notes. Then begin manual backtesting/practice of these approaches. I have a question: Suppose I have a SD level on level (LOL). And these levels are relatively close. For example, I've taken the latest picture you've shown. If you were to play for an entry at the 1st level (yellow highlight),...Ignored
Welcome to T.I.O.F
Good to have you join us.
Whilst the question you ask can get quite detailed to answer, i will simplify as much as i can by saying that i personally prefer for my entry price to be as close as i can get it, to my stop price. Now, that is a personal preference which means i am willing to pass of some trades if they do not come to my entry price.
In this case, some supply and demand traders i know will take both zones. Others may handle things differently and wait t see. Others also may ignore the top or bottom level and only trade the one level. All personal preference.
As some of the Roundtable members know, there are a few different strategies that can be applied in these scenarios and other like it.
I hope this helps
Welcome again
best wishes
Be careful what you think because your thoughts run your life..Solomon
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