Ups and downs trading

I have been learning about and backtesting a new strategy, suggested by honorable padutrader. Many refer to it as Supply and Demand zones. An intro can be found here,

http://tradersimon.com/2014/08/supply-and-demand-trading-basics/

Here are my trades for today,

18 Chart - ES 09-18.png
 
Alfing said:
Can you please post them here? Thanks!
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sorry may have mis read the market action.
please take my calls on ES with a pinch of salt because i do not know it well enough just trying to get some feed back from other traders who know ES better than me
 
padutrader said:
sorry may have mis read the market action.
please take my calls on ES with a pinch of salt because i do not know it well enough just trying to get some feed back from other traders who know ES better than me
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No problem! I do not expect anyone to be a ginny. It would be helpful to understand the reasoning behind people's thinking.
 
Alfing said:
Can you say more? For a novice, they are a great crutch.
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i think they are good once trade is in profit but not in trading for 2-4 points.
and you cannot reduce risk so much that is safe to trade;you are getting money only to take risk the market will not allow it and will almost always trigger it.
there are some thing s you have to understand and not easy to explain
 
Alfing said:
I have been busy learning about Volume Price Action and Volume at Price. See a result below.

Happy Trading!

View attachment 188995
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i think the analysing bigger market structure is very relevant and VPA should be used on a smaller level to enter trades :using vpa, in isolation, is only good for scalping,although there is nothing wrong with a large number of good trades.
i too have been using vpa and have found that it gives fantastic entries which always reaches their RR target but if you want reallly large RR like 10 :1 then market structure and vpa is the way to go
 
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