sir do you think ltf demand zone or supply zones are less effective then itf or htf.
do you think we have to consider only htf and itf zone .price respects these zones
vishnu76
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@DEVINDER123, WHAT DO YOU MEAN BY ITF AND HTF. IN DEMAND ZONE PRICE BOUNCES DUE TO PENDING ORDERS LEFT OVER BY THE BIG INSTITUTIONS.
FOR, GOOD TRADE SETUP ODD SCORE MUST BE BE 7, AND COINCIDING LEVELS WITH EXPLOSIVE MOVES FOR 1:2 RR. IF THESE PARAMETERS ARE IN OUR FAVOUR, WE HAVE GOOD CHANCE FOR PRICE TO MOVE IN OUR FAVOUR. WHAT I SHARED YOU TIP OF ICEBRG. THERE ARE SO MANY RULES FOR THIS METHODOLOGY
DEVINDER123
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@vishnu76, itf=intermediate time frame,htf=higher time frame.
sir what is odd score?
vishnu76
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@DEVINDER123,
ITF IS FOR FINDING OUT TREND. HIGHER TIME FRAM IS FOR LOCATION. ETF IS EXECUTION TIME FRAME. ODD SCORE IS MARKS AWRDED TO A TRADE SETUP BASED ON THE QUALITY OF TRADE SETUP. IF ODD SCORE IS 7, WE CAN HAVE TYPE 1 ENTRY. TYPE 1 ENTRY IS SET AND FORGET TRADE WHERE BRACKET ORDERS ARE PLACED IN ADAVANCE. WE PREFER TYPE 1 ENTRY
do you think we have to consider only htf and itf zone .price respects these zones