sam seiden and trading academy's basic rule is of demand and supply. they show trade that way. they also use odd enhancers to see the probability of trade with risk reward ratio to get in and get out of trade.
i assume you might be watching sam seiden videos. If you are beginner thn what you said above is the best approach. mind it just by placing a zone does not allow you to trade it there are many other considerations which i believe you have at place.
Hi, this is too big a topic to be covered in few posts. One general example I can give is to trade spring price should be in uptrend. Here uptrend is the context
If u int in reading more about background,context etc read books by wyckoff or books or other material on wyckoff. Hope that help u.
Regds
bro,eg if u have 1crore capital and ur risk mgmt is 1 % per trade, then if strategy gives 10% return per month, then it means u ll earn 10 lakhs a month. :clap: