Demand Zone for AMD
Demand zone is where we have the highest amount of purchases by volume.
You can turn on your volume Profile to spot it if needed.
I would personally enter if the following conditions are met:
1. We reach the demand Zone (starter position)
2. We get a buy signal from WhaleFlow (add to the position)
3. We break the trend line/pattern to the upside (Add more to the position)
I like to enter my trades in 1/3 of the initial investment amount.
If I'm planning to invest with a 100k then I'd enter each trade with 33k.
That way I have enough cash to average down if things don't go as planned.
Also, I have a stop loss of 5% OR when the trade plan fails (failed breakout, economical issues, etc)
You can turn on your volume Profile to spot it if needed.
I would personally enter if the following conditions are met:
1. We reach the demand Zone (starter position)
2. We get a buy signal from WhaleFlow (add to the position)
3. We break the trend line/pattern to the upside (Add more to the position)
I like to enter my trades in 1/3 of the initial investment amount.
If I'm planning to invest with a 100k then I'd enter each trade with 33k.
That way I have enough cash to average down if things don't go as planned.
Also, I have a stop loss of 5% OR when the trade plan fails (failed breakout, economical issues, etc)
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