Price Will Tell - Supply/Demand Price Action Trading | Page 90 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price Action + Demand & Supply Zone + Money Management 0 replies

Can anyone tell me how to pull a graph of my trading performance 2 replies

trading pivot points. how to tell if support/resistance will hold? 23 replies

CAN Somebody tell me what are the trading hours 4 replies

Tell me about different methods and issues of news trading 10 replies

Attachments: Price Will Tell - Supply/Demand Price Action Trading
Exit Attachments

Price Will Tell - Supply/Demand Price Action Trading

  • #1,781
  • Oct 18, 2017 11:54am Oct 18, 2017 11:54am
Quoting judysfriend
{quote} I have a queuing buy order at 1.29ish for the same pair Hope it will get triggered
LOL - dude, on the way out, don't forget to go fuck yourself.
  • #1,782
  • Oct 18, 2017 12:09pm Oct 18, 2017 12:09pm
Quoting simond2002
{quote} LOL - dude, on the way out, don't forget to go fuck yourself.
I'm sorry if I offended you in any way
There's no reason to be rude
  • #1,783
  • Oct 19, 2017 1:59am Oct 19, 2017 1:59am
Hi Simon,

i have recently found your thread and am really enjoying reading through. It’s one of the few that actually makes sense of S/D for me. Lots of stuff on the web is very confusing and not logical to me but understanding buying and selling does. Your Usd/Cad trade is a good example. I would like to post some charts too if that’s ok.

Thanks
Swami
  • #1,784
  • Oct 19, 2017 2:09am Oct 19, 2017 2:09am
Quoting Swamipips
Hi Simon, i have recently found your thread and am really enjoying reading through. It’s one of the few that actually makes sense of S/D for me. Lots of stuff on the web is very confusing and not logical to me but understanding buying and selling does. Your Usd/Cad trade is a good example. I would like to post some charts too if that’s ok. Thanks Swami
Hi Swami,

Yea post away. Always good to discuss charts with other traders.

Cheers
  • #1,785
  • Oct 19, 2017 2:14am Oct 19, 2017 2:14am
Quoting simond2002
Cable. So... What will happen next? Who knows... H1 demand is nicely confluenced with W1 and MN. On that basis will punt for higher target of 1.40. Going to be a slightly tough one to manage because of the potential for deep retraces. Will see how it goes. {image}
Overnight long locked for a few. Will add if possible, however, not averse to selling this intraday if it looks like it wants to break lower.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 30 KB
  • #1,786
  • Oct 19, 2017 5:27am Oct 19, 2017 5:27am
Some pole and flag stuff on euro. Intraday's frigid. If it drops back to entry and nicks stop will look to re-enter on PA if that sets up.

Attached Image
  • #1,787
  • Oct 19, 2017 5:48am Oct 19, 2017 5:48am
"Traditional" analysis suggest that bearish pole and flag signals a continuation down.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 31 KB


Not always so unfortunately.

I'm still a bit suspicious of Cable around this area. Technically PA suggests lower but with USDCAD also sitting at quite a significant support the waters are a bit muddied, especially with red dollar news in a couple of hours.

USDCAD trade is currently running at about +80 pips but could still go higher from here on the back of news. If the news sends the dollar lower, will expand the stop to about +45 then take a further view on Cable.

Attached Image
  • #1,788
  • Oct 19, 2017 7:39am Oct 19, 2017 7:39am
Quoting simond2002
Some pole and flag stuff on euro. Intraday's frigid. If it drops back to entry and nicks stop will look to re-enter on PA if that sets up. {image}
Expanded the stop just before news - exited at 1.1830
  • #1,789
  • Oct 19, 2017 9:38am Oct 19, 2017 9:38am
Bought Cable. Here we go again.

Attached Image
  • #1,790
  • Oct 19, 2017 9:46am Oct 19, 2017 9:46am
Quoting simond2002
{quote} Expanded the stop just before news - exited at 1.1830
Trade just hit original target. Instead of expanding stop should've left it at B/E through news.
  • #1,791
  • Oct 19, 2017 11:35am Oct 19, 2017 11:35am
Quoting simond2002
Bought Cable. Here we go again. {image}
Stopped B/E.

Cable MT4 analysis:

The area with the tick mark is where I'd "hoped" price might break out north. Although it didn't, I wouldn't ever move the stop in these types of instances and would prefer instead for the market to take out the trade at B/E.

Not been currently inclined to sell intraday because of the thick yellow line, which is a daily demand. That situation may change as the market evolves during Asia etc.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 34 KB
  • #1,792
  • Oct 19, 2017 3:12pm Oct 19, 2017 3:12pm
Hmmm...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 34 KB
  • #1,793
  • Oct 20, 2017 5:39am Oct 20, 2017 5:39am
Quoting simond2002
{quote} First attempt at shorting USDCAD stopped at B/E. Now on the second attempt.
Been a colourful run this week on Loon with a bit of snaking around. It's recently turned at the anticipated location but this PA could still be bullish. Time and price will tell. Have expanded the stop to a whopping 13 pips and must now leave the rest to the market.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 40 KB
  • #1,794
  • Oct 20, 2017 10:22am Oct 20, 2017 10:22am
Quoting simond2002
{quote} Been a colourful run this week on Loon with a bit of snaking around. It's recently turned at the anticipated location but this PA could still be bullish. Time and price will tell. Have expanded the stop to a whopping 13 pips and must now leave the rest to the market. {image}
Stopped +13
  • #1,795
  • Edited 2:56pm Oct 20, 2017 10:45am | Edited 2:56pm
Been an interesting couple of years running this thread, coming, going, coming back, going again. The first 100 pages of redsword11's thread are still a source of inspiration. In time will start another thread, distilling what I've learned here and moving things forward. Always good to keep things tidy.
  • #1,796
  • Nov 7, 2017 7:17am Nov 7, 2017 7:17am
Quoting simond2002
Been an interesting couple of years running this thread, coming, going, coming back, going again. The first 100 pages of redsword11's thread are still a source of inspiration. In time will start another thread, distilling what I've learned here and moving things forward. Always good to keep things tidy.
are you still trading EU 1m/5m for intraday?

AG
SDTAG
  • #1,797
  • Nov 7, 2017 7:47am Nov 7, 2017 7:47am
Quoting Sdtag
{quote} are you still trading EU 1m/5m for intraday? AG
M5 mainly
  • #1,798
  • Nov 7, 2017 8:29am Nov 7, 2017 8:29am
Quoting simond2002
{quote} M5 mainly
is it possible to join the group you created a few days ago?

AG
SDTAG
  • #1,799
  • Nov 7, 2017 9:15am Nov 7, 2017 9:15am
Quoting Sdtag
{quote} is it possible to join the group you created a few days ago? AG
Members were trading their own different styles and it fizzled out pretty quickly to be honest.

I'm happy to have a chat if you'd like. I've opened the PM facility here if you want to send over some skype contact details.
  • #1,800
  • Jan 17, 2018 5:35am Jan 17, 2018 5:35am
Hi Simond
Thankyou for your PWT thread which is informative .I like many was following RTM till it was around and got hooked on the concept which are credible. I wonder if you followed it too and applied to you trading especially fakeouts and price action zones. If so could you please explain how to identify them especially fakeouts where it is hard to differentiate them from engulfs.
0 traders viewing now