As for the GBPUSD.
Taking 50% at 6 and getting to BE would have produced both long and short... Think I need to wake up!
Taking 50% at 6 and getting to BE would have produced both long and short... Think I need to wake up!
Supply and Demand Thread using any Indicator 64 replies
Price movement as a function of Supply and Demand 43 replies
Supply and demand zones and EW principles 1 reply
Alifari's - Supply & Demand Thread 17 replies
Demand and Supply 1 reply
DislikedHello,
Thanks C-12 & all traders for the posts & education. I've loaded the support resistance indicator from the beginning of this thread to MT4 but cannot find how to apply it to my charts. I see the indicator in MetaEditor. Any suggestions?
Thanks!Ignored
DislikedI strongly recommend everyone reads Jack Larkin's thread which is very related to this. I also believe Jack is an S&D trader since he's posted on Ken Lee's thread previously.Ignored
DislikedAgain, it's really hard to trade something like this on such a granular scale since there's so much noise in the price, so I'm not suggesting anyone does this. This is really just about how price can be 'fractal' in nature and the same things we see on longer timeframes can echo down to the smallest of intervals.
Anyhoo.. ignore my ramblings.
Good job so far and good luck with the journal!Ignored
DislikedWell after 350 pip vertical drop and retracing 61.8% of a 2 month rally in 2 days.. I reckon we're due a solid bounce in the pound.
I've been building a semi swing long position this morning, sat in a little draw down so guess we'll see what NFP brings today.Ignored
DislikedTurning out nice this one, sat at work and and just watching a few swings from last week play out.Ignored