Dislikedyeah i had that limit order there since last night,closed in profit alsoIgnored


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Dislikedyeah i had that limit order there since last night,closed in profit alsoIgnored
DislikedThis is USD index daily chart, US dollar is very strong since Monday and the USD index is heading to Daily supply level. Will USD become weaker after it hits the Daily supply? Is the supply level I drew correct? Wondering...Ignored
Dislikedhi anthony, as a bread and butter supply and demand trader, i see that you are falling over the first hurdle of identifying a zone from a fake zone.
over 90% of the zones i see marked on your charts are pivot highs or pivot lows, these are NOT supply and demand areas, only a reaction to a already previous area.
Supply or demand must be a consolidation/base of price, followed by a surge away, a demand area for example wil not look like a V shape, thats a pivot low.Ignored
DislikedThanks for your comment deankennyHow about the last supply level of AUD/USD that I posted? Actually I draw 30m 1h 4h supply and demand level at a same chart, I just zoom in and out. So, it might look like a pivot on a larger time frame. But deankenny, I would like to ask you something, a base must include bull and bear candle right? I will show u another post with pic later.
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Dislikedywa thats right, we must have a row of equilibrium between bulls and bears, check my latest trade on eurusd sell just as everyone thought we were going back to bullish. The supply leve i marked had a nice base and consolidation of both bulls and bears before the it was brokw to the downside showing strong supply/sellersIgnored
DislikedMay I know where can I check your trades? In which thread?
Can you please comment the pic below?
Thanks a lot deankennyIgnored
Dislikedyour first pic, you have to look harder and further into the story, yes its a v shape upside down and worked and i can tell u why, see my pic, the start of that area i marked is the "ORIGINAL" supply area, notice the consolidation and then push down, all price is doing now is just filling those sell orders left there everytime it gets there, of course more time it touches less sell orders there the next time, u have to look harder or you will get burnedIgnored