Zone of interest
The place on the chart where you wait for price. Not a point but a band — with markup telling you where inside it to enter.
Zone of interest — what it is?
A zone of interest is a marked-up object together with the quartile grid laid over it. Not a point on the chart, but an area you already have a plan for.
The object can be anything you have studied already: an order block, a breaker, an imbalance, a supply or demand zone, a range, a single candle. The markup rule is the same for all of them.
The point is the shift from "what price do I enter at" to "what range do I enter in". Nobody knows the exact entry price; the range is known in advance.
Zone of interest — how it is built?
The object's boundaries follow the full range of the candles, wicks included. The quartile grid goes on top: 0 and 1 are the alert levels, 0.25–0.75 is the entry zone, 0.5 is equilibrium. Orders go inside the entry zone, not on the edge.
Zone of interest — common mistakes
Treating a touch of the boundary as a signal. The boundary is a reason to get ready, not to enter.
Marking the zone by candle bodies.
Keeping a dozen zones on the chart at once.
Going back to a zone that has already played out.
Related to
Glossary
- The quartile grid
- splitting a zone into quarters: 0, 0.25, 0.5, 0.75, 1. The boundaries serve as readiness levels, the middle part as the area to look for an entry.
- point
- the minimum step of a quote, usually ten times smaller than a pip.
- Order block
- the last candle in the opposite direction before the impulse that broke structure.
- imbalance
- a stretch of chart price went through too quickly, without even trading.
- demand zone
- an area where buyers previously showed strength.
- range
- movement inside a horizontal corridor with no clear direction.