C-12's Supply, Demand and PA thread | Page 276 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Supply and Demand Thread using any Indicator 64 replies

Price movement as a function of Supply and Demand 43 replies

Supply and demand zones and EW principles 1 reply

Alifari's - Supply & Demand Thread 17 replies

Demand and Supply 1 reply

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

C-12's Supply, Demand and PA thread

  • #5,501
  • Oct 21, 2017 8:48am Oct 21, 2017 8:48am
Quoting srt
{quote} C-12 has mentioned MTF analysis many times. You're trying to make sense of your trades by only looking @ the chart in front of you. If you look @ H4 first for direction, that is the "trend" so if H4 is going up, drop to H1 to look for a demand zone to buy. That might be a counter-trend trade on the H1 chart but it's a trend trade on the H4 chart. Just because you're buying when price is moving lower doesn't make it a counter-trend trade. Look @ HH, LL for trend or zones on HTF.
very clear sir
thank you very much.
  • #5,502
  • Oct 21, 2017 9:04am Oct 21, 2017 9:04am
SRT is absolutely right.

There is also a valid argument then to ask why trade low time frames at all? It's definitely possible to just trade off a H4 chart zones and PA (with daily and weekly in view).

You can even scalp or day trade off a H4 chart. I just go down to low time frames to tighten up on the entry for RR purposes.

But the truth is that the MTF chart is what I'm trading. The LTF zones and PA is only useful if you can see what's happening higher up.
  • #5,503
  • Oct 21, 2017 9:11am Oct 21, 2017 9:11am
EU on Friday H4 and H1

I came to the charts at the London open. The PA within the yellow boxes had formed over night.

Although it wasn't clear why price rejected on H4 alone, daily and H1 were showing a supply zone. Even so, H4 was engulfing southwards and formed fresh supply.

At this point I'm looking at M15 and M5 only to give me something to short against. (ideally a pullback and nice engulfing), without needing a stop right up behind the H4 supply that formed (although that is fine as well).

You ignore all the LTF demand zones down until we hit H4 demand.
Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 94 KB
  • #5,504
  • Oct 21, 2017 11:21am Oct 21, 2017 11:21am
Quoting C-12
Trading is a pretty lonely existence so it's nice to have some social interaction with others without this complete lock down.
I'll email Twee and see if they're willing to restore the non-commercial status.
  • #5,505
  • Oct 23, 2017 4:50am Oct 23, 2017 4:50am
Quoting C-12
Damn, missed the AM session but just back for lunch. There were 2 cracking entries on EU but only got chance to grab the 2nd.... {image}
Hi C, i'm reading the full thread so don't mind if i ask you for some older post...Why do you call the first entry you missed (orange box) on EU a "cracking entry"?. Which PA do you see?
  • #5,506
  • Oct 23, 2017 6:28am Oct 23, 2017 6:28am
Quoting sanmiguell
{quote} Hi C, i'm reading the full thread so don't mind if i ask you for some older post...Why do you call the first entry you missed (orange box) on EU a "cracking entry"?. Which PA do you see?
Entry would have been a buy after the lower engulfing PA (formed at the yellow box).

If I remember rightly, EU was in a big uptrend with no supply on the left.

With this in mind, i wanted to buy as new demand zones were forming.
  • #5,507
  • Oct 23, 2017 9:04am Oct 23, 2017 9:04am
Quoting C-12
{quote} Entry would have been a buy after the lower engulfing PA (formed at the yellow box). If I remember rightly, EU was in a big uptrend with no supply on the left. With this in mind, i wanted to buy as new demand zones were forming.
The question is how do you define a typical "C12 engulfing candle" Everybody who reads your journal frequently knows that when you mention an egulfing you are often not refering to a conventional schoolbook engulfing. So what's an engulfing formation for you?
  • #5,508
  • Oct 23, 2017 9:25am Oct 23, 2017 9:25am
EU M5 ... Long at M30 Demand ...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 38 KB
  • #5,509
  • Oct 23, 2017 10:30am Oct 23, 2017 10:30am
Quoting C-12
{quote} Entry would have been a buy after the lower engulfing PA (formed at the yellow box). If I remember rightly, EU was in a big uptrend with no supply on the left. With this in mind, i wanted to buy as new demand zones were forming.
nice memory!!
  • #5,510
  • Oct 23, 2017 10:36am Oct 23, 2017 10:36am
Quoting mrhb30jr
EU M5 ... Long at M30 Demand ... {image}
if i see well, the day in EU starts with engulfing south in all H1, H4, D1 (plus nice gap down). The problem is the price stands on their own demand in all 3 TF...I'm not still able to go north
  • #5,511
  • Oct 23, 2017 11:08am Oct 23, 2017 11:08am
Quoting mrhb30jr
EU M5 ... Long at M30 Demand ... {image}
Updated EU M5
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5A.png Size: 59 KB
  • #5,512
  • Oct 23, 2017 11:43am Oct 23, 2017 11:43am
Quoting MCFly
{quote} The question is how do you define a typical "C12 engulfing candle" Everybody who reads your journal frequently knows that when you mention an egulfing you are often not refering to a conventional schoolbook engulfing. So what's an engulfing formation for you?
You're right, it can be confusing. Something like this highlighted in the green box I call an engulf in terms of an uptrend.

You know how the zone is going to print and can then become entries to hide a stop behind. Will try and find better live examples than this dodgy drawing.
Attached Image
  • #5,513
  • Edited 12:19pm Oct 23, 2017 12:04pm | Edited 12:19pm
Quoting sanmiguell
{quote} if i see well, the day in EU starts with engulfing south in all H1, H4, D1 (plus nice gap down). The problem is the price stands on their own demand in all 3 TF...I'm not still able to go north
It's fine, Sometimes there's really nothing to do, especially on a Monday without any news. I wasn't interested in any remote action today. A few flicks at the chart and we're not in a great place to sell for sure but this demand is pretty washed up.

If at home I probably would have possibly caught a few bits on M5. I thought the M5 buys at the base were good for at least a scalp.

There was also a good scalp sell on M15/M5 just earlier and we are still engulfing south on MTF.

The Frankfurt / London open tomorrow should bring something better to get involved with. Usually is the case after a dead Monday session.
  • #5,514
  • Oct 23, 2017 12:18pm Oct 23, 2017 12:18pm
Quoting simond2002
{quote} I'll email Twee and see if they're willing to restore the non-commercial status.
Cheers Simon, I'm not expecting any change to this status considering how long they've dug their heels in about it...
  • #5,515
  • Oct 23, 2017 12:23pm Oct 23, 2017 12:23pm
You are right Sir, There was no major moves can be found in any pair today. Gold unexpectedly move upside, can't Understand it.

Hold Some running trades.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 38 KB
Click to Enlarge Name: EURJPYM30.png Size: 36 KB
Click to Enlarge Name: GBPUSDH1.png Size: 36 KB
Price Is The Best Indicator Itself.
  • #5,516
  • Oct 23, 2017 12:25pm Oct 23, 2017 12:25pm
Quoting asim.iqbal
You are right Sir, There was no major moves can be found in any pair today. Gold unexpectedly move upside, can't Understand it. Hold Some running trades. {image} {image} {image}
Good entries, all with trend and PA in the direction.

The GU buy was v nice when that fresh H1 demand formed and retested. Not many S&D traders would have even seen that one.
  • #5,517
  • Oct 23, 2017 12:30pm Oct 23, 2017 12:30pm
Quoting C-12
{quote} Good entries, all with trend and PA in the direction.
Yes, that point was tested and I caught it after confirmation, thats why my entry is little far from the Engulfing Candle.

Thank you so much Sir, I am here because of some good Guiders here. You are one of them.


Regards,
Asim.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 40 KB
Price Is The Best Indicator Itself.
  • #5,518
  • Oct 23, 2017 12:34pm Oct 23, 2017 12:34pm
Quoting asim.iqbal
{quote} Thank you so much Sir, I am here because of some good Guiders here. You are one of them. Regards, Asim.
Was nice engulfing sell on AU earlier on H1 (originating from M5 supply).
  • #5,519
  • Oct 23, 2017 12:39pm Oct 23, 2017 12:39pm
Quoting C-12
{quote} Was nice engulfing sell on AU earlier on H1.
That was EURGBP. I caught that because of GBPUSD.

Here is AUDUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 38 KB
Price Is The Best Indicator Itself.
  • #5,520
  • Oct 23, 2017 1:49pm Oct 23, 2017 1:49pm
Hi, C12 and all

Am I missing something?

I saw price making an EG bar at H4 Supply.
Then move to lower TF(M30) and sold on PA ( Engulf) with SL above the bar.
Got stopped out.


Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m-h4-fxpro-financial-services.jpg Size: 352 KB
8 traders viewing now