NZD/USD not going too badly.
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DislikedHere is a live example. Price has entered H1 zone. Now waiting to see if there is any demand there to drive the price up.Ignored
DislikedNice trading Skracor, I'll have to do more watching and research on this type of trading. I never can find the right spot to trade from, at least not in real time. It's real easy to look after the fact and find spots to trade from, I'm a master at that. I plan on going over Seiden's stuff again and looking at some cleaner charts. I love the idea of trading a nice clean charts like yours, just need more practice. Have a good night.
trubluIgnored
DislikedI totally agree and I myself am king of looking back and saying, "I would have traded here there and not there." All the while ignoring the the setups that didn't work.
One thing I have noticed from the time invested in looking at charts: The faster price moves away from an area the more imbalanced Supply/Demand was in that area.
What was missing from my trading was waiting for Supply/Demand to show up the second time when price reentered that area to test it.
Let me give a couple examples of what I see as imbalanced S/D.
Down arrows show...Ignored
DislikedTo tell you the truth I have minimal knowledge in Seiden's teaching. I did hear him talk about the speed of price, however, and its correlation with the imbalance of Supply and Demand. I also seem to recall Porkpie and WMD talking about similar things. Anywho these ideas have been swimming around in my head for awhile.
In answer to your other question: that was a coincidence in this case as I always take price into consideration first. I like to look at the Bolli bands in a similar fashion to Seiden(I think), i.e. when in a downtrend the area...Ignored
DislikedCool thanks for the reply, do you know what other threads here on FF would be a good read for supply and demand type trading? Also I'm not sure how seiden does stuff, just seen a couple of his webinars.
trubluIgnored
DislikedI had forgotten there is a thread that that talks is only about S/D trading.
Price is everything.
Hope it is what you are looking for!Ignored