LeMercenaire wrote:Mira wrote:LeMercenaire wrote:
I wouldn't say that any level was stronger than the other but at the same time, I don't know if I could consider them random either.
My decisions would be taken based on the local Supply + Demand information, so I normally wouldn't play just the line. Having said that, on the m1 set ups I am running just now, all I am using on top of pa is a trend direction.
Tempering THAT however, is the fact that as I am going in hot-and-heavy and can be done in one trade, I don't need much more on top of that. Using S+D from the higher tf instead, will inform my base entry criteria.
Hope that doesn't sound like I am contradicting myself too much on that.
Mmm I'm trying to get an idea lol
So you are not using (not actively) the HH/LL information to trade?
The HTF SD gives you the bias and then you trade with size the M1, am I grasping it?
Pretty much, yep. Directional bias needs to be established first.
PA can contradict that bias and still be effective, however if it runs in the direction of the bias, it's likely that it will bring a bigger bag than the same PA going against the bias.
What type of SD do you use for DB? Fresh or previous. Chart would help. Are you trading to SD or away from SD? Thanks Lem.