Stopped out on all position

Supply and Demand trading with Fibs

Thanks Dean, it's a million dollar worth answer, i wish my trade worth millions of dollar, but we'll be there sometime in the future

Supply and Demand trading with Fibs

GBPUSD Daily — Is this the same picture Dean? I don't like the wick though.

Supply and Demand trading with Fibs

Aussie — I took these trades, already got some profit from some long trades before. It's a war zone between bull and bear right now, i'll stay with this long positions until it break the zone

Supply and Demand trading with Fibs

Yup, i'm watching that level too. Just got beaten 40 pips on the wick above that level at 1.0073 with sl at 1.0033. But that's just another loss, there's always another chance Right now waiting for the limit buy at 0.9966 and 0.9919

Supply and Demand trading with Fibs

Aussie long — Here's a nice level on aussie, nice turn after small touch I didn't watch it got hit, it was a limit order. http://screencast.com/t/i7GI8q4D

Supply and Demand trading with Fibs

Nice trade phi1ipp, i didn't get those two Here's where i draw my levels url And keep the confidence

Supply and Demand trading with Fibs

Yeah, i got losing trade too on audusd, i didn't watch it move 1:1 cause i went to sleep, should've take some and move stop to BE, but lost is a lost, there's always another trade around I'll try to answer your question according to my opinion 1. ...

Supply and Demand trading with Fibs

Hi phi1ipp, sorry for the late reply, i got some problem on my desktop. my TP depends on the situation, but usually when i gain 1:1 (example if level is 30 pips wide and price has move away from level 30 pips) i'll close 1/3 or 1/2 of my position ...

Supply and Demand trading with Fibs

Hi phi1ipp, I don't know if i can call myself experienced but i'll share the levels i'm watching on audusd with you guys. I'm not a short term trader, my trading chart is on H4, sometime i go down to H1 to find levels so i can reduce my risk. Red ...

Supply and Demand trading with Fibs

Hi chewz, it is not dead, just hibernating I'm still using supply and demand method. Dean is definitely still using this method.

Supply and Demand trading with Fibs

Thanks Dean, i've edit the post. Got confuse with the insert image button How are you Dean, how's the real account going? The thread got really slow lately, where is everyone? Btw can you invite me back to the chat room, my id is alvin2434, ...

Supply and Demand trading with Fibs

I'm sorry, I don't know how to attach chart to the thread, lol Is it visible now?

Supply and Demand trading with Fibs

Dean, I've marked a SZ on the chart. Got fib 61.8 and 23.6 on the zone. How do I mark DZ on the grey circle? Is there a DZ there? Is it level on top of level? Thanks image

Supply and Demand trading with Fibs

Depends on what kind of trader you are, i my self usually trade H4 chart and i use limit order. Once I found the supply and demand zone, i put limit order and let the market do what ever it wants to.

Supply and Demand trading with Fibs

Thanks Zamfir, yes it is a supply on M30. On H4 the drop looks very nice, the risk reward looks good too. I'll close half of my position and move the rest at BE+1 pip when it get there. How about the supply zone I have on H4? Thanks again for the ...

Supply and Demand trading with Fibs

This thread won't die Dean, don't worry, lol Here my trade that just got hit. Long EU at 1.3620, SL 1.3570, TP hope it will reach 1.3811. Let me know what you think guys. image

Supply and Demand trading with Fibs

Hi cashforex, Fib fan is already built in on MT4, you can find it from the toolbar menu Insert - Fibonacci - Fan. Hope that help

Supply and Demand trading with Fibs

It's okay Dean, i wish i could help, but i couldn't right now. Anyway we still have the skype chat room and the thread here aren't we? People say picture can speak thousands words, just keep the spirit my friend

Supply and Demand trading with Fibs

Hi Clive, i'll try to answer your question. I'll pick all the supply and demand 2 on your chart, plus there should be supply 4 right below supply 3 where price bounce before reaching demand 1. For supply 3 i'd be carefull seing price action there, ...

Supply and Demand trading with Fibs