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C-12's Supply, Demand and PA thread

  • #6,181
  • Apr 23, 2018 5:04pm Apr 23, 2018 5:04pm
Quoting Merka
@C-12 How do you use the 200 MA if you use it? Is it something like above just look for buy signals and below just for short signals or it's there just for visual help? Cheers
Very little attention paid to it. I've had it on the charts for years from the original AG template days and left it on. Sometimes I delete it and it comes back when I reset the charts back to default.

It is interesting in hindsight how the 200EMA does seem to act like resistance in a downtrend and support in an uptrend across multiple TFs, specifically H1.

I'd say it's just a visual helper at best and not needed.
  • #6,182
  • Apr 24, 2018 11:50am Apr 24, 2018 11:50am
which one was good entry ? 1 or 2 ?

H4 just turned from demand
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  • #6,183
  • Apr 24, 2018 12:00pm Apr 24, 2018 12:00pm
c-12 when u enter in m30 by trend of H4 then u use SL of m30 and TP of H4 ?
when u enter in 5 mint chart , then u use SL of 5 mint and TP of m30 ?

but in this case so many stoplosess doesnt hit ?
  • #6,184
  • Apr 24, 2018 12:05pm Apr 24, 2018 12:05pm
c-12 there is GU Gold UJ EG GJ , GCAD , all H4 charts showing confirm trades in my view, but what will u do ? will enter with H4 ? or will wait for m30 or M5 to come in the direction of those pairs trends to pick trades with small SL and big TP ?
  • #6,185
  • Apr 24, 2018 12:06pm Apr 24, 2018 12:06pm
Quoting blackforex1
which one was good entry ? 1 or 2 ? H4 just turned from demand {image}
I think you could just take the zone directly on this occasion as it was pretty solid.

I took a couple of late session scalps. RR wasn't great but there was a tighter entry earlier. This came of a H4 zone so a good chance these exits are massively premature but that's fine.

Bank holiday in EU tomorrow so should be a snoozer.
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  • #6,186
  • Apr 24, 2018 12:09pm Apr 24, 2018 12:09pm
Quoting blackforex1
c-12 there is GU Gold UJ EG GJ , GCAD , all H4 charts showing confirm trades in my view, but what will u do?
I wont do anything since I'm not trading any of those atm.

I don't think GU looks like there's much going on from what I saw earlier. What u got in mind?
  • #6,187
  • Apr 24, 2018 2:42pm Apr 24, 2018 2:42pm
Quoting C-12
{quote} I think you could just take the zone directly on this occasion as it was pretty solid. I took a couple of late session scalps. RR wasn't great but there was a tighter entry earlier. This came of a H4 zone so a good chance these exits are massively premature but that's fine. Bank holiday in EU tomorrow so should be a snoozer. {image}
Question: Why do you ignored this daily zone?
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  • #6,188
  • Edited 3:26pm Apr 24, 2018 2:53pm | Edited 3:26pm
Quoting Fonzi
{quote} Question: Why do you ignored this daily zone? {image}
That wasn't the source zone, it was a retest PA from previous on the left.

Also H4, you can see all the scrappy little scalps on the way. Although we've reached a H4 zone with PA, this doesn't seem it's wanting to make a run north.

Happy to revisit it tomorrow with low expectations due to bank holiday in EU.
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  • #6,189
  • Apr 24, 2018 3:51pm Apr 24, 2018 3:51pm
Quoting C-12
{quote} I wont do anything since I'm not trading any of those atm. I don't think GU looks like there's much going on from what I saw earlier. What u got in mind?
weekly bearish engulf

but by watching daily and H4 i will wait for m30 to develop a buy setup , i will use M30 to reduce Stoploss
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  • #6,190
  • Apr 25, 2018 8:02am Apr 25, 2018 8:02am
Quoting C-12
{quote} Although we've reached a H4 zone with PA, this doesn't seem it's wanting to make a run north.
What on the chart tells you that price will not going higher? I see a pocket of supply and your broken TL which acts as resistance.

Sry for question bombing
  • #6,191
  • Apr 25, 2018 8:20am Apr 25, 2018 8:20am
Would you never consider demand zone 2 as a valid zone when price will revisit it in the future because demand zone 1 is the source? Even if demand 2 was created by a class A engulfing pattern and then price shooted away?
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  • #6,192
  • Apr 25, 2018 11:43am Apr 25, 2018 11:43am
Hi C-12,
I have revised you last post again and I noticed this.

Your short was of a ltf zone in a daily zone but the daily zone was also only a retest of another daily zone. So where is the difference?
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  • #6,193
  • Edited 12:36pm Apr 25, 2018 12:05pm | Edited 12:36pm
Quoting Fonzi
Hi C-12, I have revised you last post again and I noticed this. Your short was of a ltf zone in a daily zone but the daily zone was also only a retest of another daily zone. So where is the difference? {image}
The main question is.... What is so important about the area you've marked off? Was there a lower TF area within it? Any PA of interest on any TF? Was this really a fresh area of interest?

My point is, don't get too fixated over what looks like a possible single zone. Zones do fail but overall PA structure across multiple TF's is more important.

It is true that fresh zones can be created off prior zones but I don't see that here with that PA. Was that PA really as solid as any of the other 3 you marked off?
  • #6,194
  • Apr 25, 2018 12:34pm Apr 25, 2018 12:34pm
Quoting Fonzi
Would you never consider demand zone 2 as a valid zone when price will revisit it in the future because demand zone 1 is the source? Even if demand 2 was created by a class A engulfing pattern and then price shooted away? {image}
Yep, I've seen these happen plenty of times, usually with daily or h4 zones but they become fresh on a lower TF.

It's hard to comment without a live example as everything is always in context within a much broader picture.
  • #6,195
  • Apr 26, 2018 4:17am Apr 26, 2018 4:17am
Quoting C-12
{quote} The main question is.... What is so important about the area you've marked off? Was there a lower TF area within it? Any PA of interest on any TF? Was this really a fresh area of interest? My point is, don't get too fixated over what looks like a possible single zone. Zones do fail but overall PA structure across multiple TF's is more important. It is true that fresh zones can be created off prior zones but I don't see that here with that PA. Was that PA really as solid as any of the other 3 you marked off?
Thank you for your answers. This is my last question regarding this situation...I swear

Why is the 30m PA structure in the failed daily zone not good enough for a long after the second engulfing? You instead went short there.
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  • #6,196
  • Apr 26, 2018 12:55pm Apr 26, 2018 12:55pm
Quoting Fonzi
{quote} Thank you for your answers. This is my last question regarding this situation...I swear Why is the 30m PA structure in the failed daily zone not good enough for a long after the second engulfing? You instead went short there. {image} {image}
H4 direction and PA. If I saw a reason to buy on H4 then I would use M30 to get me in sync.

In this case H4 was persistently rolling over to the downside, taking out midzone demands and M30 shorts were on the menu.

I always need H4 in full view when intraday trading on LTF.
  • #6,197
  • Apr 26, 2018 3:08pm Apr 26, 2018 3:08pm
Quoting Fonzi
{quote}Why is the 30m PA structure in the failed daily zone not good enough for a long after the second engulfing? You instead went short there. {image} {image}
H4 next to M30, yellow box is the identical area on both TF.

Is there any buy PA on H4? You can see the pin bar that failed and rolled over in a H4 downtrend.

This is where you ignore all bull PA on M30. Even if you did want to buy M30 PA in error, price was capped by M30 supply so poor RR, no trade.
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  • #6,198
  • Apr 27, 2018 6:25am Apr 27, 2018 6:25am
c-12 i am scalper , i cannot wait for m30 and H4, so i can trade with 1 mint and 5 mint ? or mint and 15 mint ?
  • #6,199
  • Apr 27, 2018 12:33pm Apr 27, 2018 12:33pm
Quoting blackforex1
c-12 i am scalper , i cannot wait for m30 and H4, so i can trade with 1 mint and 5 mint ? or mint and 15 mint ?
If scalping I use 4 charts side by side across 2 monitors- H4, H1, M30, M5 which can be good.
  • #6,200
  • Apr 27, 2018 12:57pm Apr 27, 2018 12:57pm
Quoting C-12
{quote} H4 next to M30, yellow box is the identical area on both TF. Is there any buy PA on H4? You can see the pin bar that failed and rolled over in a H4 downtrend. This is where you ignore all bull PA on M30. Even if you did want to buy M30 PA in error, price was capped by M30 supply so poor RR, no trade. {image}
Okay I have to think about that. It seems like I have to delete some routines out of my brain and recalibrate the way how to look at the charts.

Obviously this is meant when people say keep it simple but it's not easy.
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