Simple's Green Room

[stkjunky]

Yo,pennies. Been doing lots of homework today studying Alfonso's supdem & other video's on supdem. Trying to get a really good handle on trading these zones. Made a couple of pretty good trades last week for nice pip gains, and one really bad trade that I should have exited early, but did not do so (brain fade on my part). And the one that went bad on me was a Sunday night trade & my very first trade trying to use supdem. Then I started to catch on, and the trades just got better later in the week. Well, anyway, so much for that

Part 2 is that I watched a couple of your videos (great work) regarding fib's. I modified the numbers in the tools & went with 23.6 76.4 (100 - 23.6 = 76.4 reverse engineered #) and your 88.6
I then applied it in three different ways (using Alfonso's SZ & DZ) starting points, all on one chart. #1 is light blue #2 is yellow #3 is red lines.

In one of your video's, you mentioned that 76 (or therabouts) was a good # sometimes, and that 88.6 was also a good #. In the chart below, It looks like the 76.4 level (on all three fibs) seems to match up with the zones, except the RED fib level, that is setting on the closing price for the week.

So, I guess my question to you would be this (4H UJ).

Would you even consider taking a short entry based on the current price, because it sets on the RED 76.4 fib level, or wait to see if the YELLOW 76.4 level is touched. I think that I already know the answer, but really want your feed back &/or maybe a chart showing your thinking using fib levels on this pair & timeframe.