Open trading account 
I really don't go into all this terminology and try to keep it simple. All I look for in S&D zones are whether price left the zone with momentum and in doing so broke any support level, or price made a new lower low for sell and higher high for buy. How price is approaching the zone and whether there is enough space for a better risk to reward ratio.
After watching charts for so many years and losing hundreds of trades and trying different system, I came to realize that no matter how good our technical analysis or fundamental analysis are there are only going to be three outcome of any given trade,
1) winner
2) loser
3) breakeven
As such it's not about how many pips we make or what your success rate is, it's all about risk to reward ratio. When I take a trade, I know that the maximum I could lose on a trade is 1R (based on my risk) and as the trade goes in my favor I minimize my risk, while my average reward remain about 2R, so in the long run chances are I will come out ahead. That is the reason, I don't try to by extra picky on trades, some days I take 10 to 15 trades and some days none, depend on the price action and volatility. It's all about developing a system which suits you best and above all makes you money.
After watching charts for so many years and losing hundreds of trades and trying different system, I came to realize that no matter how good our technical analysis or fundamental analysis are there are only going to be three outcome of any given trade,
1) winner
2) loser
3) breakeven
As such it's not about how many pips we make or what your success rate is, it's all about risk to reward ratio. When I take a trade, I know that the maximum I could lose on a trade is 1R (based on my risk) and as the trade goes in my favor I minimize my risk, while my average reward remain about 2R, so in the long run chances are I will come out ahead. That is the reason, I don't try to by extra picky on trades, some days I take 10 to 15 trades and some days none, depend on the price action and volatility. It's all about developing a system which suits you best and above all makes you money.
