If you look to the left.. the weekly demand seems to be in ctrl. Even on the Daily there's an embedded zone inside the Weekly which have seen 2 tests already(as i've shown on the chart) Considering these conditions... long would be the way to go. ...

Thanks a lot Michael... Couldn't have asked for more.

Oh I'm sorry Michael.. i meant monthly demand not weekly (typo) Is it a healthy practice to look for shorts when Monthly demand zone is in control I've written my comments on that GBPCAD chart. Please do correct me if i am wrong

Good evening AKT I was browsing through past pages & a query rose on seeing this post. Why did opt to short on H4 chart despite the price being low on curve & testing the weekly demand. From my understanding.. the weekly demand was no longer fresh ...

Great TDA buddy... Looks like a short to me.. can even be shorted at the H4 DBD of 1.49020 level.. as this was responsible in taking a few levels out

@Merka I found that thing thru youtube. Even @Denden2012 had posted about that in the thread. Here's how its done. Plot Fibonacci>Rightclick>Fibo Properties> Fibo Levels> make changes to the (level & description) as i have done & you're through. ...

My concerns with the trade are :- There's too much activity before the Monthly supply zone that you've drawn.. i.e its too messy. The time it spent(6 days) just beneath the Daily SZ. This will prove to be a hindrance for price to fall. Also, in your ...

@Yunvic The 1:2 is not a rule per se. It denotes the magnitude of movement in price caused by the imbalance in the zone being considered, or as i'd like to call 'moveaway' The larger the imbalance .. the larger the moveaway.. the more the profit ...

@ MazAbb I've tried to clear your doubt Hope that helps

Yes EVolta, Thats what i meant by saying 'deeper penetration + moveaway was expected but that never happened' In hindsight it was good but not anymore. But you've raised a very important doubt which as traders we all face. I slightly disagree with ...

@EVolta My two cents

Well I wasn't trading forex in those days, but i can imagine the turmoil it would have had on markets & traders. Truly devastating

Buddy, here's what happened on 15th Jan 2015 Go through it url

Good day Akt, how would you trade setups like Verizon on the daily. With 3 possible SZ's lined up on top of another. Of course my take is that its subjective. i.e conservative trader would like to take the topmost level & aggressive one would take ...

Nice trade AKT. Just curious to know whether you took a SAF or confirmation entry on the M60 TF Actually its anxiety more than curiosity because lately, i have developed a bad habit of taking taking all levels in my way which has hampered my ...

I'd like to requote Yunvic. This M1 is looking good in the charts you've posted. I'm sure you've managed to get 4:1 in those 2 GBYJPY trades. Tell me/us more about it.. Do you do a TDA like M30, M15, M1 or is the M1 the whole & soul in these trades.

Sweet trade Autokon... that pair is falling like a rock, removing all DZ's in its way. Just curious, did you take that trade on the Daily TF?

Hi Nojak, I can sympathize with you on that trade. But I guess there was no(or very less) chance of getting that trade filled on the H4 I know the H4 supplyzone was higher at around (86.970 - 87.102) While Daily supplyzone was lower at around ...

Ohh thank you Nojak.. that was immensely helpful

@ Whenever I have a doubt on your comment.. Please help me out with it @ AKT I'd appreciate if you could shed some light on this as well