Trading Consultants Inc. EURGBP A Weekly Entry from Supply Zone   H1 close from a Demand Zone

Trading Consultants Inc.’s  trading plan systematically  uses the Monthly Time frame for direction of the price…. then relies on Weekly , Daily and on occasional H4 time frame for entry  confirmation.

Frequently the closing of the trade will occur from a lower time frame  as is the case with this trade. We use indicators as guides and not decision makers . So when the Chaos Semafor 3 circle appeared my son,  Jake Gibson, elected to place a watchful eye and since the pair had an engulfing candle from demand and seemed to be gaining in the opposite direction he closed.

Forex Chart EURGBP
EURGBP H1 close at demand zone

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