Backtesting the supply and demand zones -- All welcome!

Hello guys,

There are some pictues of me spotting zones of supply and demand imbalances, hence opportunities of getting in the trade.

There are many pictures with examples if what I believe are the actual valid zones, with one that didn’t work and I’m working why…

Here they are:










Now, here we are with the one that didn’t work:


There you go. Could you please help me and tell me whether I am right about all these zones spotted, and also, how to explain the fact that the last setup didn’t work?

Looking to explore new horizons with you!

Thanks!

Wllen1

Your Promixal and Distal lines are looking a bit off. I suggest that you take a look at Alfonso Moreno’s free tutorial.

@wllen1 , you may want to look further back. There could be, and definitely was a supply zone created earlier in the charts.

i know i am a bit late

Alfonzo Moreno has a free pdf that breaks down the strategy, you can download it on his website.

Also check out his thread on FF.