Trading in Zones (Multiple Time Frame Analysis)
How To Trade Demand/Supply Zone?? "MULTIPLE TIME FRAME ANALYSIS" Step One. Find the Supply/Demand Zone : This is the zone from where the price has been departured too far. Time frame 5 min Step Two Go to 5 or 6 times Lower Time Frame 1 min in this scenario as the above chart is for 5 mins. Step Three: Find the *reversal candlestick* pattern only on a lower time frame and Supply/Demand Zone whatever the case may be. *Hammer *Doji *Piercing. *Engulfing *Tweezer Top/Bottom. Note: Remember these patterns are only useful and effective in Zones. Take the trade with proper SL R: R must be at least 1:2 Trading is a combinations of Zones, Candlesticks patterns and indicators. Rules to remember: 1. When trade zones never trade only one time frame. Otherwise you will not get better risk and reward. Moreover you may missed the trade because lower time frame change earlier than higher time frame. 2. Trade only those reversal candlestick patterns which are formed in zones. These a