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.