#replay 5 - Demand in Range
There are two strategies here:
So here, I use demand zone as the opening.
- Breaker: applicable, but it's already passed by here.
- Demand: OK, but it rose not so well. So it's better to use smaller order value.
So here, I use demand zone as the opening.
Trade closed: stop reached:
Failed.
Maybe it's ok to forecast that the rising process was not good.
Maybe it's ok to forecast that the rising process was not good.
I found the demand zone was not chosen pretty well. If I chose the bottom as the lowest price of rallying candles. But it's not the definition of OB, so we'll see if I need to change. (I prefer not, since changing strategy too frequently is not good for trading.)