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C-12's Supply, Demand and PA thread

  • #5,561
  • Oct 25, 2017 9:54am Oct 25, 2017 9:54am
GU M30 at H4 Deamand area ..... nice penetration price )

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  • #5,562
  • Oct 25, 2017 11:18am Oct 25, 2017 11:18am
Quoting mrhb30jr
{quote} Here EU M30 with H4 Demand Area.... nice long set up...... {image}
I entered late but was also able to catch the move.

Congrats C-12 for changing status. I, too, noticed that this has been moved to Trading journals.

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  • #5,563
  • Oct 25, 2017 11:38am Oct 25, 2017 11:38am
Quoting sanmiguell
Hey C, guys, tell me a thing pls. I have this scenario H4 retouch and rejection south {image} H1 2 eng south plus retouch {image} M30 retest on supply {image} In M5 what to do? Wait for retouch on fresh supply or eventually an engulfing is enough to take sell? {image}
I hope you don't mind if I drop some hints. In the past this situation would have confused me too and probably would have left me behind with a loss. But it seems that time made me a little bit wiser. Time, watching charts and reading C-12's thread. I was away most of the time today and this is an analysis in hindsight what means live it probably wouldn't looked that clear.

When you trade jen pairs it's a good idea to watch USDJPY to make a decision. EU would have give you some more clues. Trading is not black and white. Nothing is set in stone and we don't live in a vacuum. Look for correlations and everything else that can give you helpfull informations. C-12 will probably answer your question later and I'm sorry if my analysis contradicts with C-12s.

Attached you can find your ss with some thoughts.
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  • #5,564
  • Oct 25, 2017 11:39am Oct 25, 2017 11:39am
Quoting mrhb30jr
{quote} Here EU M30 with H4 Demand Area.... nice long set up...... {image}
Quoting Mallow
{quote} I entered late but was also able to catch the move. Congrats C-12 for changing status. I, too, noticed that this has been moved to Trading journals. {image}
Good Powerful Trading Both of you Dear.

Here are mine.
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Price Is The Best Indicator Itself.
  • #5,565
  • Oct 25, 2017 12:03pm Oct 25, 2017 12:03pm
Quoting iak
Hey C-12 your a free man! lol
Sure feels nice to have the shackles removed.

There's going to be some major changes going forward.

One of the main reasons I've stuck to EU is due to severe RSI in both hands which made using a mouse and even trackball extremely painful.

Having one pair open with many time-frames displayed means less mouse movements and less pain. Trading EU does work, but trading it solely is no way near as productive as it could be.

Some of my recent indicators and shortcut tools I'm using (shown on page 1) have almost completely alleviated the RSI issue and now I'm able to work quickly with many more pairs on higher TF's. I've got a lot of work to do this weekend on my charts, plan, risk management profile etc..

I'd like to rename this thread as the title is pointless.
  • #5,566
  • Oct 25, 2017 12:09pm Oct 25, 2017 12:09pm
These are the kind of trades I want to be making, engulfing with trend or pullbacks to zones (H4 and H1/M30) and full reversals off higher TF zones (when they happen).

I'm not willing to spend any more time and effort trying to grind out 5- 30 pips on EU when there are 100's of easier pips across a selection of other pairs every day.

I can stack the pairs in a specific order so I see GU next to AU along side GBPAUD for example. I can blast through the timeframes on all charts with one click and then cycle through them arrow keys.
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  • #5,567
  • Oct 25, 2017 12:16pm Oct 25, 2017 12:16pm
Quoting C-12
{quote} Sure feels nice to have the shackles removed. There's going to be some major changes going forward. One of the main reasons I've stuck to EU is due to severe RSI in both hands which made using a mouse and even trackball extremely painful. Having one pair open with many time-frames displayed means less mouse movements and less pain. Trading EU does work, but trading it solely is no way near as productive as it could be. Some of my recent indicators and shortcut tools I'm using (shown on page 1) have almost completely alleviated the RSI...
Have you ever tried this kind of mouse? https://www.amazon.co.uk/Perixx-PERI...x+PERIMICE-713
  • #5,568
  • Oct 25, 2017 12:24pm Oct 25, 2017 12:24pm
Quoting MCFly
{quote} Have you ever tried this kind of mouse? https://www.amazon.co.uk/Perixx-PERI...x+PERIMICE-713
Yeah I've got a left handed evoluent upright currently which is very similar and a penclic mouse on the right. I'll swap this around with logitech trackball and a keyboard with a trackpoint. It's cost me probably thousands in ergonomic equipment over the years and the pain never gets better.

I've actually just had a consultation with hand surgeon last month and booked in for a nerve conductivity test and an MRI scan.

So that's another downer that traders may eventually face unfortunately.
  • #5,569
  • Edited 2:14pm Oct 25, 2017 12:41pm | Edited 2:14pm
Quoting MCFly
{quote} I hope you don't mind if I drop some hints. In the past this situation would have confused me too and probably would have left me behind with a loss. But it seems that time made me a little bit wiser. Time, watching charts and reading C-12's thread. I was away most of the time today and this is an analysis in hindsight what means live it probably wouldn't looked that clear. When you trade jen pairs it's a good idea to watch USDJPY to make a decision. EU would have give you some more clues. Trading is not black and white. Nothing is set in...
Totally agree.

You were fighting the short term and longer term trend. The H4 zone wasn't particularly well structured either. I know a lot of new S&D traders will play these zones (i used to get murdered a lot on these a few years ago, even worse with PA as it kills the RR).

These used to be called dirty tops or bottoms. Sometimes you might strike gold and catch a massive reversal. Sometimes you can scalp a few pips off them.. High risk in my eyes.

I very rarely play a reversal level against a strong trend unless there's a really good reason to, showing on multiple TF's

Take a look at GBPAUD today. Look at Daily, H4, H1, M30. These are the best trades you can get as everything lines up as a low risk, high probability trend entry.
  • #5,570
  • Oct 25, 2017 2:06pm Oct 25, 2017 2:06pm
Thank you guys for explaination, the big problem of the same trend in all TF is i don't see any or few retouch to trade then i'm always out, bored. For this i tried to stuck with H4 and H1 without weekly or daily
  • #5,571
  • Oct 25, 2017 2:10pm Oct 25, 2017 2:10pm
Quoting MCFly
{quote} I hope you don't mind if I drop some hints. In the past this situation would have confused me too and probably would have left me behind with a loss. But it seems that time made me a little bit wiser. Time, watching charts and reading C-12's thread. I was away most of the time today and this is an analysis in hindsight what means live it probably wouldn't looked that clear. When you trade jen pairs it's a good idea to watch USDJPY to make a decision. EU would have give you some more clues. Trading is not black and white. Nothing is set in...
Ken said a lot of things. I have nothing to do with FF's moderator process, and I don't want to pour water on C-12's thread, but if you want to relegate him back to Commercial status then posting references to the very bloke whose commercial venture lead to the demotion in the first place is a good way of going about it!
  • #5,572
  • Oct 25, 2017 2:34pm Oct 25, 2017 2:34pm
Quoting sanmiguell
For this i tried to stuck with H4 and H1 without weekly or daily
Until you're absolutely clear about what constitutes a "with-trend" as opposed to a "contra-trend" (in the context of supply/demand) trade, my advice is to stick to one TF, and instead of looking for entry methodology, focus on why and how price does what it does where it does. It takes a lot of observation, especially if one has come to SD via the Internet where, at least according to my observations over the past 6 years, it has been "taught" the wrong way round.

The first touch of that historic indicator created H4 box from last December was at the arrow - Sept 19th. It gave a short contra-trend trade, and if you check H1/M5 etc you may see an opportunity in that leg down to 132.00. Other than that, until price traded convincingly below 132.00 on H4, the trend was still up.

If at this point you're still looking for shorts based on H4 then EJ has to go higher before it can form fresh supply, or quite a bit lower. As well as these SR boxes created by the supdem indicator, a trader definitely needs to learn and consider the SR lines. They're crucial in painting the full picture.

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  • #5,573
  • Oct 25, 2017 2:52pm Oct 25, 2017 2:52pm
Quoting simond2002
{quote} Ken said a lot of things. I have nothing to do with FF's moderator process, and I don't want to pour water on C-12's thread, but if you want to relegate him back to Commercial status then posting references to the very bloke whose commercial venture lead to the demotion in the first place is a good way of going about it!
Really? There are 1 mio Kens in this forum. Maybe I was referring to Kenneth Lee. Who knows? Btw 90% of what is teached in this forum is based on somerthing that was commercially used before. I guess you know that Steve Nison introduced candlesticks to the western world in his books?
  • #5,574
  • Oct 25, 2017 3:00pm Oct 25, 2017 3:00pm
Quoting C-12
{quote} Yeah I've got a left handed evoluent upright currently which is very similar and a penclic mouse on the right. I'll swap this around with logitech trackball and a keyboard with a trackpoint. It's cost me probably thousands in ergonomic equipment over the years and the pain never gets better. I've actually just had a consultation with hand surgeon last month and booked in for a nerve conductivity test and an MRI scan. So that's another downer that traders may eventually face unfortunately.
Sad to hear of your RSI problem. I hope you find something that will make it better.
  • #5,575
  • Oct 25, 2017 3:42pm Oct 25, 2017 3:42pm
Quoting MCFly
{quote} Really? There are 1 mio Kens in this forum.
But only one that you're subscribed to, right?
  • #5,576
  • Oct 25, 2017 5:22pm Oct 25, 2017 5:22pm
Hi All

Nice watching AUDUSD ...

Weekly, D1 and H4 ........

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Chers
  • #5,577
  • Oct 26, 2017 1:03am Oct 26, 2017 1:03am
Quoting mrhb30jr
Hi All Nice watching AUDUSD ... Weekly, D1 and H4 ........ {image} {image} {image} Chers
A perfect example of what a trend is! But most of the time in such conditions, LTF are constantly in a demand zone making a trade impossible for the NON experienced.
  • #5,578
  • Oct 26, 2017 4:58am Oct 26, 2017 4:58am
I thought to be on the right side, today with sterling, but any trades hit my BE...probabily i wasn't.
In green H1 supdem, orange M5. I tried to hit targets from M30 and above
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Don't know if re-enrty on M5 is a good thing atm.

At least i take RR 1:5. Seems the broker sees me!!!
  • #5,579
  • Oct 26, 2017 5:08am Oct 26, 2017 5:08am
Quoting C-12
These are the kind of trades I want to be making, engulfing with trend or pullbacks to zones (H4 and H1/M30) and full reversals off higher TF zones (when they happen). I'm not willing to spend any more time and effort trying to grind out 5- 30 pips on EU when there are 100's of easier pips across a selection of other pairs every day. I can stack the pairs in a specific order so I see GU next to AU along side GBPAUD for example. I can blast through the timeframes on all charts with one click and then cycle through them arrow keys. {image}
I thought the methodology you discussed here is as solid as any I've seen. It's basically one aspect of the method I'm using - one copy of MT4 with a stack of H4 pairs and template set to alert on the creation of a fresh supply or demand. Then if the structure looks ok, open that pair full-screen and follow it on M5/15 to see if can get an entry.

Current pair of interest is USDCHF. Obviously it's a fresh supply in an uptrend but as we know, a H4 retrace on M5 can look like a "with-trend" trade.

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I still run full-screen copies of Cable and Euro, which together with the prior strategy serves up enough trades. But I have to say that even after all of this, there's still quite a bit of waiting involved.
  • #5,580
  • Oct 26, 2017 7:28am Oct 26, 2017 7:28am
Running.
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Price Is The Best Indicator Itself.
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