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C-12's Supply, Demand and PA thread

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  • Post #3,521
  • Quote
  • May 1, 2016 6:14am May 1, 2016 6:14am
  •  MCFly
  • Joined Sep 2008 | Status: Member | 1,350 Posts
From my point of view a trader can trade relaxed and with a balanced state of mind when he knows that his trading system can compensate all the little failures and poor entries he's doing. When he tries by all means to avoid every mistake he set's himself under pressure which causes a losing mentality and phsychological stress. So a winning trading system allows the trader to afford mistakes. I hopes that makes sense.
 
 
  • Post #3,522
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  • May 2, 2016 9:02am May 2, 2016 9:02am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
Got some sniper style bank holiday scalps. Pretty much nailed it, watching various PA on EU and DX.

Got a buy locked and a couple of sells for news.
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  • Post #3,523
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  • May 2, 2016 10:00am May 2, 2016 10:00am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
Ok that's enough, time to go out and do something...
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  • Post #3,524
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  • May 2, 2016 10:03am May 2, 2016 10:03am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
And not to leave anything to imagination.. Here's the reason for buying engulfs on M5.
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  • Post #3,525
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  • May 2, 2016 11:07am May 2, 2016 11:07am
  •  marc2014
  • | Joined Nov 2014 | Status: Member | 172 Posts
EURUSD
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  • Post #3,526
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  • May 2, 2016 1:22pm May 2, 2016 1:22pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
EU H1 demand zone swing
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  • Post #3,527
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  • May 2, 2016 1:26pm May 2, 2016 1:26pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
Swissy.
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  • Post #3,528
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  • May 2, 2016 4:26pm May 2, 2016 4:26pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
EU refuses to die
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  • Post #3,529
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  • May 2, 2016 5:05pm May 2, 2016 5:05pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
Bit more detail on M5 PA. Was a really clean day to scalp with M5/M15 PA with trend and USDX in view.

Shame back to work tomorrow.
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  • Post #3,530
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  • May 2, 2016 6:41pm May 2, 2016 6:41pm
  •  Alshehri
  • | Joined Dec 2014 | Status: Member | 12 Posts
Quoting C-12
Disliked
Bit more detail on M5 PA. Was a really clean day to scalp with M5/M15 PA with trend and USDX in view. Shame back to work tomorrow. {image}
Ignored
Amazing, am I the only one here who enjoys looking at these entries & exits? it's like trading porn!
Alshehri
 
 
  • Post #3,531
  • Quote
  • May 3, 2016 4:25am May 3, 2016 4:25am
  •  MCFly
  • Joined Sep 2008 | Status: Member | 1,350 Posts
Quoting Alshehri
Disliked
{quote} Amazing, am I the only one here who enjoys looking at these entries & exits? it's like trading porn!
Ignored
If you want more look for Julexo's and KennyZ's trade examples. Although they differ the way they trade S&D all of them let trading look like an art.
 
 
  • Post #3,532
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  • May 3, 2016 5:08am May 3, 2016 5:08am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
Crap... 30 mins late for work
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  • Post #3,533
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  • May 3, 2016 6:48am May 3, 2016 6:48am
  •  Irad
  • | Joined May 2013 | Status: Trade what you see | 178 Posts
Quoting Alshehri
Disliked
{quote} Amazing, am I the only one here who enjoys looking at these entries & exits? it's like trading porn!
Ignored
I am still awed from yesterday action
 
 
  • Post #3,534
  • Quote
  • May 3, 2016 8:16am May 3, 2016 8:16am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
I didn't expect to see this but I'll take it.
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  • Post #3,535
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  • May 3, 2016 8:18am May 3, 2016 8:18am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
EU was more of a slow grinder.
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  • Post #3,536
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  • May 3, 2016 8:46am May 3, 2016 8:46am
  •  MCFly
  • Joined Sep 2008 | Status: Member | 1,350 Posts
Quoting C-12
Disliked
Crap... 30 mins late for work {image}
Ignored
Can you plz provide some insights into your first GU shorts?
 
 
  • Post #3,537
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  • May 3, 2016 8:51am May 3, 2016 8:51am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
Quoting MCFly
Disliked
{quote} Can you plz provide some insights into your first GU shorts?
Ignored
The H4 zone was the main thing but a few other factors watching live PA on both EU and GU. It does look like a premature top pick so in that sense the entries were not that safe.

Also was a M30 Pin printed off the H4 zone just before so I was hoping an engulf would follow.
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  • Post #3,538
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  • May 3, 2016 9:07am May 3, 2016 9:07am
  •  MCFly
  • Joined Sep 2008 | Status: Member | 1,350 Posts
Quoting C-12
Disliked
{quote} The H4 zone was the main thing but a few other factors watching live PA on both EU and GU. It does look like a premature top pick so in that sense the entries were not that safe. Also was a M30 Pin printed off the H4 zone just before so I was hoping an engulf would follow. {image}
Ignored
Thx for the fast answer. My problem is I don't see the significance of this zone. The H4 zone on my chart was established by an engulf but it looks like nothing special.
 
 
  • Post #3,539
  • Quote
  • May 3, 2016 12:35pm May 3, 2016 12:35pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
Yeah, it wasn't the greatest of H4 zones. I was purely heavy scalping when I got the screen so didn't check the source in detail. I had no idea we were looking at a daily uptrend reversal.

I wish I could offer more reason as why price turned there but the PA was solid once the sellers came in at the news event.

I did better with exits on EU in the end. Top picks look a bit odd...
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  • Post #3,540
  • Quote
  • May 3, 2016 1:48pm May 3, 2016 1:48pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,311 Posts
On the NU side, this H4 level was surely on everyone's radar?

Took the 2 lowers off at 2:1 and will see what the news brings later. Hopefully much lower.
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