DislikedHi, whey you choose a combo to trade, e.g. weekly/H4, do you also draw all the levels on monthly and daily?Ignored
HTH
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DislikedHi, whey you choose a combo to trade, e.g. weekly/H4, do you also draw all the levels on monthly and daily?Ignored
Disliked{quote} Alfonso has suggested, when learning the method, to really focus on just the two timeframes of the combo (W/H4, M/D, D/H1). However, he also makes it clear that it's a very good idea (really it's necessary) to be aware of the highest timeframe levels no matter what combo you trade. This isn't a contradiction, it's simply a matter of keeping things as simple as possible while learning. What I'm doing is focusing on my combo TF's, but at least once in a while taking a peak at where the fresh levels of Weekly and Monthly levels are so I'm not...Ignored
Disliked{quote} Hi Coolmoss! The CP was not validaded because it didn't remove those highs. Removing the highs is not necessary if there is ENOUGH room to next higher timeframe supply. But where price was, it didn't remove those highs on the left, which I believe was D1 supply. You don't want to buy against a non-broken HTF supply like the D1 supply or higher. IF price would have been far away from those highs, then you wouldn't need to remove it, but it was right there and it couldn't trade above it or close above it, so the CP pattern of demand would...Ignored
Disliked{quote} Hi Coolmoss, I'm not sure, but I think your daily trendline is too strict, because it was drawn through CP patterns and not through obvious valleys. As I see the trendline was not broken on D1 if it is drawn trough valleys. The trend is up on Mn as the last SZ was broken. The downtrend is nice on H1 and as I see your plan is working, but you have to be carefully, because of higher TF-s trend.Ignored
DislikedHere is a trade I'm proposing in the EURJPY using the Daily/1Hr combo. The reasons for the trade are as follows: a) lots of room to fall on the Weekly and not close to any demand on the Monthly b) Daily is in downtrend as defined by break of TL, previous demand being absorbed (orange rectangles in chart) and new supply levels being respected c) Daily supply is in control d) Daily HTF/curve demand level is far below e) H1 trend is down, TL being respected and price bouncing off D1 supply f) H1 level has good departure, little time at level, good...Ignored
Disliked{quote} There is no secret material I didn't invent anything, I just created videos to show how I personally draw SD levels. There are several ways, taking the wicks, only the bodies of the basing candles. If you want my webinars you will see how I do it. I learnt it from free videos and information available out there on the internet on that matter, most are free videos by Sam Seiden webinars. Then I added certain nuances with trendlines, and rules on basing candles, that's all. Nothing is secret, it's out there if you, and can be easily tested...Ignored
Disliked{quote} Hi, did you go long or short? What is your conclusion after the fact, or at least having more data? I know it is not part of present theory, but do not neglect either the equal moves (also after the fact, so it is easy preaching I guess , still pls consider )... {image}Ignored
Disliked{quote} Alfonso has suggested, when learning the method, to really focus on just the two timeframes of the combo (W/H4, M/D, D/H1). However, he also makes it clear that it's a very good idea (really it's necessary) to be aware of the highest timeframe levels no matter what combo you trade. This isn't a contradiction, it's simply a matter of keeping things as simple as possible while learning. What I'm doing is focusing on my combo TF's, but at least once in a while taking a peak at where the fresh levels of Weekly and Monthly levels are so I'm not...Ignored
DislikedHello everyone I hope Alfonso or someone here can help me. Yesterday( 20 Jan 2013) around 21h00 UTC, I had my USDCHF, 1 hour( attached). Please note that demand zone ( range: 090957-0.90835) was not drawn at that time. I thought that price was going to go through( short) demand zone drawn ( lavender colour): 090821-090708( with a speed bump) as price has been making lower highers ( circled) and I was higher on the daily curve( above 90%), although weekly and monthly curves favoured a buy. Can u explain why did the price ended uo going up instead...Ignored
DislikedI give up, I've been backesting supply and demand for 15 days, and I can't make profits, at least it was on Forex Tester 2, so nothing lost, except my time.. Hope you do better.Ignored
DislikedI give up, I've been backesting supply and demand for 15 days, and I can't make profits, at least it was on Forex Tester 2, so nothing lost, except my time.. Hope you do better.Ignored
DislikedHi Alfonso ! Thanks for a nice and informative thread. I have one question about supply and demand indicator. Sometimes when i see a rectangle drawn by an indicator and price came to touch it but not brake, the rectangle deletes itself. Is it a bug or there is some kind of formula when the rectangle deletes even the level is not broken.Ignored
DislikedThanks for an answer. Besides what are your thoughts about GbpJpy current situation? In my opinion we have a CP pattern on a weekly TF, also high in the curve on daily and we have fresh and original h4 supply. Moreover we have one broken trendline to the downside. And one thing which i dont like, there is also one new trendline to the upside. {image} {image} {image}Ignored