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I guess you missed my post. What kind of win rate do you experience?
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
This is what I love the most about trading with supply and demand. This is a failed supply zone that offered a low risk day trade with .14 profit after commissions even though the trade failed. This example is not a fluke. It happens almost every time a fresh supply or demand zone fails. You don't make as much as you were hoping for but it's still a winning trade.
The chart on the left is the daily chart and the chart on the right is the 5 minute chart Friday when the supply zone failed.
It depends on the type of trade. If you do a swing trade with a strong and fresh supply or demand zone you can expect better than 70% and probably closer to 90%. On day trades like I just posted I have never had a losing trade but I'm not day trading full time. The problem with trading with supply and demand is it takes a lot of work looking for trade setups. I have spent the last year looking for traders to work together as a group to lighten the load and share the setups. I have not had a whole lot of success with this. I have a web site I started up for this with over 120 members but most of them trade Forex and very few have committed to helping. I dedicated a week to swing trading full time and earned $2879.00 trading $5,000.00 to see what would happen. Below are the results but this was a lot of work and I would like to have a life also
The problem with automating supply and demand zones from what I've seen is the only thing they do is plot pivot points or areas of breakout from a narrow trading range. I don't know of any software that will plot only strong supply or demand zones.
