Supply and demand in a nutshell by Alfonso Moreno | Page 420 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #8,381
  • Mar 27, 2017 5:52am Mar 27, 2017 5:52am
Quoting isaacpeh
AUD/CHF Dear alfonso, would this have been a valid trade? Is there anything going against this setup? Do let me know thank you Here are the charts. Ofcouse trade would be planted at Daily DZ within Weekly DZ Monthly: Uptrend. {image} Weekly: Price @ DZ. {image} Daily: Price @ DZ nested within WK DZ. {image}
Weekly supply level is tested, you can't plan a trade there. Tested levels are not allowed.
Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,382
  • Mar 27, 2017 7:05am Mar 27, 2017 7:05am
Quoting panoramia
{quote} Weekly supply level is tested, you can't plan a trade there. Tested levels are not allowed. Cheers, Alfonso
Oops. Miss that out. Does this now mean that the weekly DZ is taken out and the daily DZ is just a DZ within no such weekly DZ? Thanks for clarifying
The only person you are destined to become is the person you decide to be.
  • #8,383
  • Mar 27, 2017 7:14am Mar 27, 2017 7:14am
Hey Alfonso,

How do you deal with pivots in your trade?

Cheers!

Jamaa
  • #8,384
  • Mar 27, 2017 8:40am Mar 27, 2017 8:40am
Hi Alphonso,

I understand you have a membership program for serious traders. I would like to know what all is provided as part of membership program? Also, I am in USA, so what is the monthly charge for this program?

Thanks,
Tulip
  • #8,385
  • Mar 27, 2017 9:02am Mar 27, 2017 9:02am
Quoting isaacpeh
{quote} Oops. Miss that out. Does this now mean that the weekly DZ is taken out and the daily DZ is just a DZ within no such weekly DZ? Thanks for clarifying
It means that the demand level is tested and you can't trade it, if taken out and opposing zone will be created. Cheers
Set and Forget supply and demand trading community
  • #8,386
  • Mar 27, 2017 9:02am Mar 27, 2017 9:02am
Quoting jamaa
Hey Alfonso, How do you deal with pivots in your trade? Cheers! Jamaa
Pivots? No pivots. I trade supply and demand imbalances, just that. Cheers
Set and Forget supply and demand trading community
  • #8,387
  • Mar 27, 2017 9:04am Mar 27, 2017 9:04am
Quoting tulipflower
Hi Alphonso, I understand you have a membership program for serious traders. I would like to know what all is provided as part of membership program? Also, I am in USA, so what is the monthly charge for this program? Thanks, Tulip
Hello Tulip,

Most can be seen at http://www.set-and-forget.com/supply...ing-community/ and http://www.set-and-forget.com/forex-...rading-course/ Pricing is in euros, the payment processor will do the conversion to any currency at the moment someone registers.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,388
  • Mar 27, 2017 9:36am Mar 27, 2017 9:36am
Quoting panoramia
{quote} It means that the demand level is tested and you can't trade it, if taken out and opposing zone will be created. Cheers
Sorry maybe you misunderstood me . I was trying to say if WK DZ is tested , it will mean no support to the Daily DZ nested withing Weekly DZ?
The only person you are destined to become is the person you decide to be.
  • #8,389
  • Mar 27, 2017 11:30am Mar 27, 2017 11:30am
Quoting panoramia
{quote} Pivots? No pivots. I trade supply and demand imbalances, just that. Cheers
Hi Alfonso,

Point is some pivots have the semblance of the finest DZs and SDs - strong move away, spend very little time at the zone, good RR, etc. That being the case, how do you sift the grains from the chaff? If a zone turn out to be a pivot, how do you deal with it?

Cheers!

Jamaa
  • #8,390
  • Mar 27, 2017 3:39pm Mar 27, 2017 3:39pm
Quoting jamaa
{quote} Hi Alfonso, Point is some pivots have the semblance of the finest DZs and SDs - strong move away, spend very little time at the zone, good RR, etc. That being the case, how do you sift the grains from the chaff? If a zone turn out to be a pivot, how do you deal with it? Cheers! Jamaa
I don't use pivots, unless you are referring to something else with that word. How do I sift the grains from the chaff? There are very specific and strict rules that I use. Cheers, Alfonso
Set and Forget supply and demand trading community
  • #8,391
  • Mar 28, 2017 1:14am Mar 28, 2017 1:14am
EURZAR three months demand zone in control, three months timeframe in a clear uptrend. Longs at new areas of demand on daily and weekly timeframes.

Cheers,
Alfonso

Attached Image (click to enlarge)
Click to Enlarge Name: eurzar_three_months_demand.png Size: 78 KB


supply and demand trading analysis blog
Set and Forget supply and demand trading community
  • #8,392
  • Mar 28, 2017 11:15am Mar 28, 2017 11:15am
Quoting panoramia
{quote} Hello Tulip, Most can be seen at http://www.set-and-forget.com/supply...ing-community/ and http://www.set-and-forget.com/forex-...rading-course/ Pricing is in euros, the payment processor will do the conversion to any currency at the moment someone registers. Cheers, Alfonso
Thank you Alfonso. We have taken the lifetime membership. Looking forward to learning from you and other community members.
  • #8,393
  • Mar 28, 2017 6:58pm Mar 28, 2017 6:58pm
You've made a great decision tulipflower...
  • #8,394
  • Mar 30, 2017 12:01am Mar 30, 2017 12:01am
Forex cross pair NZDCAD is in a monthly uptrend as demand is being respected and supply is being removed. Monthly demand zone lower at 0.88520 for more longer term longs, in the meantime there could be some long continuation at our current location. Big picture long bias at new areas of demand.

Have a nice Friday and weekend.
Cheers,
Alfonso
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 96 KB
Set and Forget supply and demand trading community
  • #8,395
  • Mar 30, 2017 10:50am Mar 30, 2017 10:50am
Quoting Autokon
GBP/JPY D/H1 BUY {image}
H1 charts are not allowed. Please kindly remove your post!
Set and Forget supply and demand trading community
  • #8,396
  • Mar 31, 2017 6:05am Mar 31, 2017 6:05am
AUD/NZD

Dear alfonso, is this a proper trade set up?
Price is within MN SZ and hit D1 SZ. (Daily SZ within Monthly SZ)

Monthly:
Attached Image (click to enlarge)
Click to Enlarge Name: MN.jpg Size: 397 KB


Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: WK.jpg Size: 369 KB


Daily:
Attached Image (click to enlarge)
Click to Enlarge Name: D1.jpg Size: 387 KB
The only person you are destined to become is the person you decide to be.
  • #8,397
  • Apr 1, 2017 8:09am Apr 1, 2017 8:09am
Hi Alfonso.
Took a long at demand zone on the eurgbp that didn't work out. Can you help me trying to find what was not correct, please?
Thanks so much.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20170401_135810.JPG Size: 186 KB
  • #8,398
  • Apr 1, 2017 8:34pm Apr 1, 2017 8:34pm
Quoting isaacpeh
AUD/NZD Dear alfonso, is this a proper trade set up? Price is within MN SZ and hit D1 SZ. (Daily SZ within Monthly SZ) Monthly: {image} Weekly: {image} Daily: {image}
Hi isaacpeh, i don't think that area of supply is fresh. As you can see in the weekly, that area as already been touched several times and price went down from there. Even if price reaches that area again there are probably no short orders left as much as if it was the first touch. Price is in an uptrend so i would wait that area of supply to be taken and keep looking for longs on the demand areas.
It's just my thought about it, my friend.
Good trading.
  • #8,399
  • Apr 2, 2017 1:18am Apr 2, 2017 1:18am
Quoting Meisterman
Hi Alfonso. Took a long at demand zone on the eurgbp that didn't work out. Can you help me trying to find what was not correct, please? Thanks so much. {image}
Meisterman, just one chart is not enough to take a trading decision, three timeframes are needed. EURGBP had a D1 CP DZ higher (you didn't draw it), once that one was eliminated rules won't allow you to take the continuation pattern of demand you took. Strong Daily supply was also in control (its not on your chart.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,400
  • Apr 2, 2017 1:20am Apr 2, 2017 1:20am
Quoting isaacpeh
AUD/NZD Dear alfonso, is this a proper trade set up? Price is within MN SZ and hit D1 SZ. (Daily SZ within Monthly SZ) Monthly: {image} Weekly: {image} Daily: {image}
Hello Isaac, your monthly and weekly trendlines are incorrect. That monthly supply you drew is incorrect as well.
Cheers,
Alfonso
Set and Forget supply and demand trading community
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