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How Markets Work, in a Nutshell! 32 replies

Price movement as a function of Supply and Demand 42 replies

Attachments: Supply and demand in a nutshell by Alfonso Moreno
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Supply and demand in a nutshell by Alfonso Moreno

Quoting GregT
{quote} I am still planning short entry on EURJPY at 137.00
Yes I am still planning this trade. 137.036 is at a fresh SZ but I am not sure about a lower H4 SZ between 135.61-135.96, which is just inside the weekly zone but is not fresh (only been partially penetrated but not violated completely) decisions...decision
Attached Image (click to enlarge)
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An example of a H4 supply short I took on EURJPY some days ago, based on the Monthly Curve.

  1. EURJPY was and still is very high in the curve, right within the Monthly supply, I can't buy, I am not allowed to buy
  2. Brand new H4 supply zone with a great imbalance
  3. Took the pullback to that H4 supply zone based on how high we were on the Monthly curve
  4. Price dropped even further since I took those screenshots, still riding that trade
  5. I did nothing special but following the rules. Are we high in the curve? Yes, then I can't buy, I can only short EURJPY

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Set and Forget supply and demand trading community
Hi all.
Apologies for my dumb question a couple of days ago that was rightly ignored.Posts like that even annoy me.I just got the video working that explained it all perfectly.
Good Trading all.

Jon
Quoting Life Oriley
Hi all. Apologies for my dumb question a couple of days ago that was rightly ignored.Posts like that even annoy me.I just got the video working that explained it all perfectly. Good Trading all. Jon
No problems with your question Jon, we've all started from scratch and had all kind of dumb or "silly" questions, I am the first one Hope your doubts were solved with the video. Do not apologize for asking dumb question, it's better to ask them that to remain ignorant!

Alfonso
Set and Forget supply and demand trading community
Quoting coolmoss
Hello, I am hoping to clear up a big area of confusion about what appears to be a conflict in the instructions. I feel like I must be missing some key idea, but I can't figure it out. Many times through out the thread it has been stated that in order for a level to form (say a supply level) the opposing level (a demand level) must be absorbed/violated. This makes total sense to me. However, I've also observed many examples where this rule is not observed. For instance, the screen shot below is from this post: http://www.forexfactory.com/showthre...64#post6912364...
The answer is simple Cool Moss. Once a higher timeframe is reached, it would be a location type of trade. Any new levels of supply are great for selling in "robot-mode". If the HTF level is not fresh then you have to wait for either a TL break or a previous demand area to be taken out. It's all on Post #1 rules, go through them, not breaking any rules, it follows them.

Alfonso
Set and Forget supply and demand trading community
Quoting panoramia
{quote} The answer is simple Cool Moss. Once a higher timeframe is reached, it would be a location type of trade. Any new levels of supply are great for selling in \"robot-mode\". If the HTF level is not fresh then you have to wait for either a TL break or a previous demand area to be taken out. It's all on Post #1 rules, go through them, not breaking any rules, it follows them. Alfonso
Thank you for your answer, Alfonso. I have not only read post #1, but printed it out and have carefully gone through it dozens of times. I'm having a difficult time keeping all the details straight. Upon reading your answer I could just kick myself. Sometimes I can't see the forest for the trees. I will continue working with that information again and again until I really get it!!!
Quoting coolmoss
{quote} Thank you for your answer, Alfonso. I have not only read post #1, but printed it out and have carefully gone through it dozens of times. I'm having a difficult time keeping all the details straight. Upon reading your answer I could just kick myself. Sometimes I can't see the forest for the trees. I will continue working with that information again and again until I really get it!!!
You are welcome! It takes time to sink all the rules in. The fact that you read them all 100 times does not mean that your brain will assimilate them, it takes a lot of time. A simple comment could trigger some chain reaction in your brain and your understanding could change overnight!

Alfonso
Set and Forget supply and demand trading community
Quoting coolmoss
{quote} Thank you for your answer, Alfonso. I have not only read post #1, but printed it out and have carefully gone through it dozens of times. I'm having a difficult time keeping all the details straight. Upon reading your answer I could just kick myself. Sometimes I can't see the forest for the trees.
Coolmoss - I sympathise with your plight. I am suffering the same symptoms. I have started a FAQ Google Group to hopefully help me and other S/D traders collect these type of questions and answers in one place. You are welcome to join. We already have 30 subscribers from Alfonso's thread. See http://groups.google.com/group/suppl...nd-FAQ-Alfonso.
Quoting GregT
{quote} Coolmoss - I sympathise with your plight. I am suffering the same symptoms. I have started a FAQ Google Group to hopefully help me and other S/D traders collect these type of questions and answers in one place. You are welcome to join. We already have 30 subscribers from Alfonso's thread. See http://groups.google.com/group/suppl...nd-FAQ-Alfonso.
Thanks Greg, I just applied to join the group.
Hi Alfonso,

I'm new to your thread and I find the concept very interesting but I could not find a video explaining how to mark the zones on D1 and there are no examples in the thread regarding that matter. I find it hard to figure it out only by reading the text on the first post. Can you help me here?

Many thanks.
Quoting faheem999
Hi Alfonso, I'm new to your thread and I find the concept very interesting but I could not find a video explaining how to mark the zones on D1 and there are no examples in the thread regarding that matter. I find it hard to figure it out only by reading the text on the first post. Can you help me here? Many thanks.
Hello Faheem,

Drawing the zones on D1 is the exact same thing as drawing the zones on H4, H1, WK or the Monthly chart. Price is fractal and the same applies to any timeframe. There is no specific video on how to draw the zones on D1 because it's the same thing on all charts.

There are hundreds of levels drawn throughout the posts. There used to be a video that showed you how to draw the zone but was removed (long story) and now most videos are private. However, there are hundreds of examples and explanations throughout the thread. You have to go through the whole thread, it will take you quite some time, but if you are new you can't expect to know how to do things if you didn't complete the thread.

Alfonso
Set and Forget supply and demand trading community
Hello fellow traders!

A new supply and demand webinar is being held today, Wednesday the 6th of November 2013.

DATE: 6th November 2013
TIME: 1:00 PM - 2:30 PM Central European Time. 1 hour before New York market open

What will we cover on this webinar?

  1. Tading with the trend for higher probability
  2. How to assess trend and which levels to choose
  3. Questions and answers

If you are interested in joining the webinar and you haven't signed up previously, fill in the form at:
http://www.set-and-forget.com/free_webinars

else you should have already received the invitation on your email. Once you sign up you will get several confirmation emails, on the last one you will get the link to join today's webinar.

Hope to see you there.
Have a great day!
Alfonso

Set and Forget supply and demand trading community
Quoting panoramia
Hello fellow traders! A new supply and demand webinar is being held today, Wednesday the 6th of November 2013. DATE: 6th November 2013 TIME: 1:00 PM - 2:30 PM Central European Time. 1 hour before New York market open What will we cover on this webinar? Tading with the trend for higher probability How to assess trend and which levels to choose Questions and answersIf you are interested in joining the webinar and you haven't signed up previously, fill in the form at: http://www.set-and-forget.com/free_webinars else you should have already...

Hi Alfonso,

I did not receive the confirmation mail, its a shame , but are you going to post it to youtube?

thank you
passion and discipline
Quoting emene
thanks for the hard work and the thread. But....... if you feel lost and alone in the dark, come have fun and see clear again. no bs, no monthly fee, traders helping traders, for free. results, progress, no chit-chat. let the traders speak by themselves. SUPPLY AND DEMAND RULES. one place: www.acegazette.com
emene, I've been there and the website is like a club where only special members have access to restricted areas. The first impression for a newcomer is precisely "feeling lost and alone in the dark".

Alfonso has done a great job updating the first post of this thread so anybody can find in one place enough info to start putting all together.

I think you are missing the point. Here everyone have access to what is written. In acegazette, info is hidden for newcomers until they prove "they are worthy."

Alfonso's new site is for people who need to feel they are putting an extra effort to advance.

There are many persons who don't pay attention unless they are actually paying for their education.
Quoting jsr
Alfonso's new site is for people who need to feel they are putting an extra effort to advance.

Trend; Momentum; Pullback; Breakout
Today's webinar on supply and demand trading has been uploaded and shared on YouTube.

On this video I've gone through a few different live setups that happened at the private forum at www.set-and-foget.com, as well as reviewing how each timeframe combination works, nested combos and nested curves, as well as when to stop buying or selling if we are getting closer to the higher timeframe curve.

Hope you enjoy the video!
Alfonso

Inserted Video
Set and Forget supply and demand trading community
Since yesterday we talked about a couple of pairs on the webinar, I wanted to update you on those.

I had a loss on the CADCHF D1 supply area as you can see on the attached chart.

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I had a couple of winners on on AUDCHF H4 from the Weekly's proximal line with fresh and original H4 demand. Scaled in on a brand new and valid H4 demand level and took profits. We were looking at this pair during the webinar as well as the reasons for entries and so on.

This is trading, sometimes you lose and sometimes you win, the only thing we can do is having a trading plan and following the rules.

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Set and Forget supply and demand trading community
First of all I'd like to thank Afonso for what he has done, such a great effort. Not only do I like his trading approach, but he has a great personality looking back at his posts. So I really don't understand those haters. What I can say is please keep on going man! I will follow you closely.

Going back to the business. Anybody short gbpjpy too?
I was lucky to get filled on gbp.jpy short. I'm sure we should short the pair looking at the daily and weekly curve, and I fine tuned my entry using h1 tf.

Feel free to comment!

*Afonso, sorry for not using your template, I work better with my template.
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Hi to all,

Hi Alfonso, using monthly and Daily combo, i want to ask if these two Daily demand levels
,which are inside the monthly demand zone, were valid or not according to confirmation type of trading?
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Quoting mtanjung
First of all I'd like to thank Afonso for what he has done, such a great effort. Not only do I like his trading approach, but he has a great personality looking back at his posts. So I really don't understand those haters. What I can say is please keep on going man! I will follow you closely. Going back to the business. Anybody short gbpjpy too? I was lucky to get filled on gbp.jpy short. I'm sure we should short the pair looking at the daily and weekly curve, and I fine tuned my entry using h1 tf. Feel free to comment! *Afonso, sorry for not using...
Thanks for your kind words and support Mtanjung, I appreaciate that. I am not bothered by those who "hate" me or are not happy with what I am doing. I've gone through that a few times in my life with different jobs I started and people was involved, there will always be people that hate you but many others that love you, that's life! Those who don't like what I do have got 2 problems: 1) They are hating me and are adding negativity to their lives 2) They have to use lots of positive energy to end that negativity.

As far as that GBPJPY H4 short, it was a valid setup but I didn't take it. I am not trading till Monday because of the big news, interest rates, Draghi speeches, NFP and so on. I know a friend who got 90 pips out of it and closed it because of volatility. It was a nice setup!

Alfonso
Set and Forget supply and demand trading community
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