EUR USD:
Not sure whos looking at the EUR/USD but are we looking to make a RDB right here? to find a new Supply area?
Not sure whos looking at the EUR/USD but are we looking to make a RDB right here? to find a new Supply area?
Day Trading vs. Swing Trading vs. Position Trading 86 replies
DislikedFew notes: - You may need to look further in time. From the chart that you show, market seem to be stalled in a ranging area - Not every trade will be profitable. This concept of trading on the supply / demand zone is to increase the odd. But this not a 100% winning concept - in your charts, price did react to demand / supply zone, but it is up to us to understand the further direction and witch one is a valid one. Very easy to understand with insigth charts but not se easy in real time. Honestly, I struggle a lot on that to System do work....Ignored
DislikedFor Example TraderinSD, You wouldn't pull any short trades until it hits the upper box named "Supply" 1.3096 area with a stop 1.3106 which is just about the supply box.Ignored
DislikedYes, "as an example only".. This is what short looks like.. See the pattern...Stops and entries are determine base on size of account and risk tolerance. I would try to place my stops outside the box.. TSDIgnored
DislikedThank you so much. Still a little confused on the DBR levels. Can you recommend some videos from Sam? Thank you sir.Ignored
DislikedEUR USD: Not sure whos looking at the EUR/USD but are we looking to make a RDB right here? to find a new Supply area?Ignored
DislikedPerfect, As you can see the EUR/USD now it seems like it will be making fresh supply soon...so i'll be looking for a Drop..then a run back to the base (supply) to execute a trade if im not mistaken. Edit : Sorry. I'll be looking for a DROP then a BASE then a RISE To execute a short at the fresh Supply that's being made right now...Ignored
DislikedHey thestarting, I'm not saying I'm right and please any of the veterans please correct me, but this is where Id be looking for a trade on EURUSD. Aussie {image}Ignored
Dislikedeur/usd thoughts Today, the pair had a vigorous move through 1.3140/60 supply, causing the clearance of all the unfilled sell orders and producing in the process a fresh demand area. The new imbalance between buyers and sellers is now found between 1.3110 and 1.3140 - first chart - (safer area). Depending on risk profile, a second chart is attached below pin pointing the 1.3140/30 demand location, as per the rally-base-rally structure created during a brief sequence of eight 5 minutes candles, suggesting a strong imbalance in favour of demand, as...Ignored
Dislikedeur/usd thoughts Today, the pair had a vigorous move through 1.3140/60 supply, causing the clearance of all the unfilled sell orders and producing in the process a fresh demand area. The new imbalance between buyers and sellers is now found between 1.3110 and 1.3140 - first chart - (safer area). Depending on risk profile, a second chart is attached below pin pointing the 1.3140/30 demand location, as per the rally-base-rally structure created during a brief sequence of eight 5 minutes candles, suggesting a strong imbalance in favour of demand, as...Ignored
Disliked{image} I would draw them smaller. There is no way of telling ( at this point ) when the levels are drawn, which one PA will stop at. Additional info would be needed as discussed in post # 5350. Review your ODDS ENHANCERS.. This will help a great deal. Hope this helps TSDIgnored
DislikedTraderinS: I see why your levels are better and with post 5350 it is making more sense. ThanksIgnored