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Attachments: C-12's Supply, Demand and PA thread
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C-12's Supply, Demand and PA thread

Quoting C-12
You can combine them yes but I've just had a quick look and there were two levels on top of each other. One of them were bound to turn price.

I didn't see the rejection I like to see off the first level. It really did slice through it.
Thanks C-12. Do you wait for a pretty rejection to enter a trade? That mean I shouldn't use pending order?
Quoting antaly
Thanks C-12. Do you wait for a pretty rejection to enter a trade? That mean I shouldn't use pending order?
If you're able to then I would really recommend it. Set an alert for just before the level and watch what happens on arrival.

You don't need a pretty pin bar or anything but you want to see that price isn't just going to slice through. I only ever use market orders.
Quoting C-12
If you're able to then I would really recommend it. Set an alert for just before the level and watch what happens on arrival.

You don't need a pretty pin bar or anything but you want to see that price isn't just going to slice through. I only ever use market orders.
Ok, thanks C-12. I will adopt this skill. Having a short at AUD/USD M5.
C-12, do you mean you will wait for rejections like the circle area before entering a position?
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Quoting antaly
C-12, do you mean you will wait for rejections like the circle area before entering a position?
Yep that's it. Although the initial level you highlighted looks more like a pullback into the upper level. There was a lot of trading activity up there. Although you can certainly combine them.

It's about getting the balance between getting in as close to the level as you can while having confirmation the level has rejection.
C-12, do you ever trade during this time of the day as well?

Since im at work I can only trade in the evenings european time, and now I wanted to start trading the M1 strategy.

Ive tried this 2 days during London and it worked pretty well! But during the evenings, I struggle with lower volatility.

What do you think about that? Is it possible to make 10 pips on the evenings with the M1 as well with this method quite efficiently?

(I will try it out anyway, just would like to hear your two cents )
Quoting C-12
Yep that's it. Although the initial level you highlighted looks more like a pullback into the upper level. There was a lot of trading activity up there. Although you can certainly combine them.

It's about getting the balance between getting in as close to the level as you can while having confirmation the level has rejection.
Got it. Thanks a lot C-12
Quoting Infest
C-12, do you ever trade during this time of the day as well?

Since im at work I can only trade in the evenings european time, and now I wanted to start trading the M1 strategy.

Ive tried this 2 days during London and it worked pretty well! But during the evenings, I struggle with lower volatility.

What do you think about that? Is it possible to make 10 pips on the evenings with the M1 as well with this method quite efficiently?

(I will try it out anyway, just would like to hear your two cents )
Good question. It's definitely harder after 5pm UK time due to the market dying a death. I'm sure the levels still work in the same way though. Keep us posted on how you find it.

I'm lucky that I get to trade in the morning before work and pretty much all day Weds, Thurs and Friday. My favourite being around the London open and the NY open. The market seems to move quickly and cleanly.
Quoting antaly
Got it. Thanks a lot C-12
Try splitting your trades into 2 or more orders so you can take profits on one position and leave a runner on. Quite often these M1 levels can really move.
Don't have any pictures to show my trades as I'm not using my regular computer for trading at the moment. This morning I managed to take 6 trades (all short) on EURUSD for a total of 64 pips. I stopped after the fast spike upwards of around 50 pips when the anouncement came regarding the big payment for Greece.

I'm now slowly starting to grasp the concept of supply and demand and it's getting easier to find almost perfect entry leves for the trades. This is no luck, it's obvious that SD works very well.

C-12, thanks again for putting this thread at work.
Quoting Hct1

I'm now slowly starting to grasp the concept of supply and demand and it's getting easier to find almost perfect entry leves for the trades. This is no luck, it's obvious that SD works very well.
GDR trades via S/D tested his numbers and surprising accurate entrys.

Too much like hard work for me, and not enough entrys per day.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
Quoting Turveyd
GDR trades via S/D tested his numbers and surprising accurate entrys.

Too much like hard work for me, and not enough entrys per day.
You know the answer to this T... Increased position size.

Sam Seiden in his XLT program trades very similar small time frame levels.

He trades the CME futures. 8 standard contracts at $12.50 per pip. A straight 10 or 11 pip move and he's bagged over $1000.

These trades are done and dusted in minutes.
Quoting C-12
You know the answer to this T... Increased position size.

Sam Seiden in his XLT program trades very similar small time frame levels.

He trades the CME futures. 8 standard contracts at $12.50 per pip. A straight 10 or 11 pip move and he's bagged over $1000.

These trades are done and dusted in minutes.

Sadly being poor, I need the dream being 20trades per day all netting 10 - 20 pips!! Anything much less isn't worth bothering with at this stage.

GDR does some huge amount to, makes it worth his while sitting there all day waiting.

I need something I can jump on for a hour or 2 then go do something else, or fit in for 30mins between work / kids!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
Quoting C-12
Good question. It's definitely harder after 5pm UK time due to the market dying a death. I'm sure the levels still work in the same way though. Keep us posted on how you find it.

I'm lucky that I get to trade in the morning before work and pretty much all day Weds, Thurs and Friday. My favourite being around the London open and the NY open. The market seems to move quickly and cleanly.
i've just locked 6 on the aussie but it was a pain in the balls. frankly it's not worth it imo at this time - i was only taking a tiny pos size on this cos i was bored.

the real issue for me is very erratic spreads (my spread was 33 points at one moment), slow moves and jerky price movement. probably 3x harder than normal.

hopefully i'll get up in the morning and find this has run for another 50 pips and then tomorrow i can sing the praises for before bed time trading
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Quoting Dave987c
i've just locked 6 on the aussie but it was a pain in the balls. frankly it's not worth it imo at this time - i was only taking a tiny pos size on this cos i was bored.

the real issue for me is very erratic spreads (my spread was 33 points at one moment), slow moves and jerky price movement. probably 3x harder than normal.

hopefully i'll get up in the morning and find this has run for another 50 pips and then tomorrow i can sing the praises for before bed time trading

DAX trades pretty well from 8am till 5pm GMT then it's to slow to bother, EU seem to be good from 8am till 3pm these days, some good days after 3pm but a lot of flat days.

I remember when the market used to be tradeable 24hours a day pretty much!


Most Mondays and Fridays struggle to at times.

Don't even mention August!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
Quoting C-12
You know the answer to this T... Increased position size.

Sam Seiden in his XLT program trades very similar small time frame levels.

He trades the CME futures. 8 standard contracts at $12.50 per pip. A straight 10 or 11 pip move and he's bagged over $1000.

These trades are done and dusted in minutes.
Hey C-12,

Did you join his XLT program or mostly just watched the free webinars/articles? The program is also very pricey, around $7k I believe
Quoting Xenaga03
Hey C-12,

Did you join his XLT program or mostly just watched the free webinars/articles? The program is also very pricey, around $7k I believe
I downloaded the entire program from 2009 for free back in August. I've deleted it now since it was around 70gb but it was pretty good but repetitive. You can get all the important info on S&D from Sam's free webinars and places like Ace gazette.
Quoting C-12
You know the answer to this T... Increased position size.

Sam Seiden in his XLT program trades very similar small time frame levels.

He trades the CME futures. 8 standard contracts at $12.50 per pip. A straight 10 or 11 pip move and he's bagged over $1000.

These trades are done and dusted in minutes.

Wondering who is GRD? I get no results while searching inside FF. Could you please give a pointer?

Thanks
Quoting Turveyd
Sadly being poor, I need the dream being 20trades per day all netting 10 - 20 pips!! Anything much less isn't worth bothering with at this stage.

GDR does some huge amount to, makes it worth his while sitting there all day waiting.

I need something I can jump on for a hour or 2 then go do something else, or fit in for 30mins between work / kids!!

I don't really understand this. Why do you need an average of at least 200-400 pips a day?
Good morning!

Would you have taken the trade marked on the M5 chart below? I was not sure when I saw it.

+ bullish current action
+ good rejections on M5 and M1
- level not very handsome
- level could also be seen as pullback to previous area

C-12, if you had seen this live, trade or no trade?

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