C-12's Supply, Demand and PA thread | Page 320 | 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

  • #6,381
  • Aug 30, 2018 10:01pm Aug 30, 2018 10:01pm
Demo account
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 104 KB
Be a spectator, not a player
  • #6,382
  • Aug 31, 2018 3:44am Aug 31, 2018 3:44am
Quoting wiserltz
Demo account {image}
Close early! Forgot the words: only H4 SD can stop H4 trend
Be a spectator, not a player
  • #6,383
  • Aug 31, 2018 6:21am Aug 31, 2018 6:21am
Real account, compared USD index and Eurusd so took the short
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB
Click to Enlarge Name: Screenshot2.png Size: 43 KB
Be a spectator, not a player
  • #6,384
  • Aug 31, 2018 7:33am Aug 31, 2018 7:33am
Quoting wiserltz
{quote} Close early! Forgot the words: only H4 SD can stop H4 trend
I think u meant to say, only HTF SD like the daily or weekly can stop h4 trend....usually the h4 trend is usually dictated by the weekly SD....a body continues in a state of rest or constant motion except acted upon by an external force.....
cut your losses short and let your profit run
  • #6,385
  • Aug 31, 2018 8:17am Aug 31, 2018 8:17am
Quoting bleeze
{quote} I think u meant to say, only HTF SD like the daily or weekly can stop h4 trend....usually the h4 trend is usually dictated by the weekly SD....a body continues in a state of rest or constant motion except acted upon by an external force.....
Yes, i remember C-12 said something like that, i understand it as: if the trend hasn't touch H4 SD target, better find a safe level starting trailing stop
Be a spectator, not a player
  • #6,386
  • Aug 31, 2018 12:28pm Aug 31, 2018 12:28pm
Quoting wiserltz
Real account, compared USD index and Eurusd so took the short {image} {image}
That was a great entry into that short. You'll see on M15 the zone that caused the bear PA.

There were more entries to get short throughout the session as well after that little demand was taken out.

Good work.
  • #6,387
  • Aug 31, 2018 9:58pm Aug 31, 2018 9:58pm
Today's EURUSD M30 and 22 Nov 2017's USDCHF H4, PA happened again and again, im staring at these charts
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 109 KB
Be a spectator, not a player
  • #6,388
  • Aug 31, 2018 10:21pm Aug 31, 2018 10:21pm
Quoting C-12
NU weekly. take out the yellow box and it's good sign for a decent move. Looking at this chart I can see it's possible that weekly demand can get revisited. Would not recommend buying right here.. {image}
https://www.forexfactory.com/showthr...1#post10524831

I can see three points:
1) Clean & strong DZ
2) PA touched TL line
3) TL's reactions getting stronger

Any other reasons?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
Be a spectator, not a player
  • #6,389
  • Sep 3, 2018 7:38am Sep 3, 2018 7:38am
Sell Gbpusd H4 and M30 ....

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4h.png Size: 28 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30h.png Size: 27 KB
  • #6,390
  • Sep 3, 2018 11:44am Sep 3, 2018 11:44am
Quoting mrhb30jr
Sell Gbpusd H4 and M30 .... {image} {image}
Good entry. Saw it this morning but didn't take it.

Day's like today on EU are a complete shit fest. In most cases, it's probably a good idea to just not trade on Mondays unless there's news output.

Possibly could have scalped a few out of this but I don't think it's worth it for the stress. There would have certainly been losses today if sat at home trading it.
Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 45 KB
  • #6,391
  • Sep 4, 2018 2:32am Sep 4, 2018 2:32am
Quoting C-12
{quote} Good entry. Saw it this morning but didn't take it. Day's like today on EU are a complete shit fest. In most cases, it's probably a good idea to just not trade on Mondays unless there's news output. Possibly could have scalped a few out of this but I don't think it's worth it for the stress. There would have certainly been losses today if sat at home trading it. {image}
Hi C12
I see you take trades before going to work.
what time did you take these trades?
I'm based in UK like you and have full time job so thinking to take some scalp trades during the week.
My problem is that all good stuff happen during LO and NY open and usually this is when UK people are working.
How do you manage work and scalping?
Cheers
  • #6,392
  • Sep 4, 2018 6:24am Sep 4, 2018 6:24am
Quoting mrhb30jr
Sell Gbpusd H4 and M30 .... {image} {image}
Target Sell hit,..
Now I 'm going to open buy GU H4 TF ... at demand area ..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4J.png Size: 29 KB
  • #6,393
  • Sep 4, 2018 9:34am Sep 4, 2018 9:34am
Quoting mrhb30jr
{quote} Target Sell hit,.. Now I 'm going to open buy GU H4 TF ... at demand area .. {image}
Does the RSI come into your entry decision?
  • #6,394
  • Sep 4, 2018 10:29am Sep 4, 2018 10:29am
Quoting tradista
{quote} Does the RSI come into your entry decision?
Strong Demand area H4 S/D, level 61% ...
  • #6,395
  • Edited 12:05pm Sep 4, 2018 11:38am | Edited 12:05pm
Quoting Merka
{quote} Hi C12 I see you take trades before going to work. what time did you take these trades? I'm based in UK like you and have full time job so thinking to take some scalp trades during the week. My problem is that all good stuff happen during LO and NY open and usually this is when UK people are working. How do you manage work and scalping? Cheers
It's far from ideal as I'm forcing trades that aren't always quality setups to fit in a small 1 hour window (7:30 - 8:30am). It's mostly just to get more exposure with a small amount of cash on the line and not necessarily making regular income.

The good news is I've sold my house and ready to fund my account and quit my job to trade full time. This will be probably middle of next year with around £100k GBP to fund the whole thing, including a move to Thailand.

There was a cracking sell setup this morning I'm still in on EU. Unfortunately I've not took profits on any of it yet so hopefully not end up as break even!
  • #6,396
  • Sep 4, 2018 12:00pm Sep 4, 2018 12:00pm
Quoting mrhb30jr
{quote} Target Sell hit,.. Now I 'm going to open buy GU H4 TF ... at demand area .. {image}
Good zone trade with a tight SL. Not sure how much legs there is on this but there's an unfilled gap still in play.
  • #6,397
  • Sep 4, 2018 12:35pm Sep 4, 2018 12:35pm
Quoting tradista
{quote} Does the RSI come into your entry decision?
I think RSI 70/30 is useful info on the higher TF, and for divergence. I don't look at RSI below H1. Same with the 200 EMA.

These are all purely informational indicators though for me (i.e - heads up kind thing). Entries are always zone or engulfing PA in line with D1/H4 direction.
  • #6,398
  • Sep 4, 2018 8:50pm Sep 4, 2018 8:50pm
Quoting C-12
{quote} It's far from ideal as I'm forcing trades that aren't always quality setups to fit in a small 1 hour window (7:30 - 8:30am). It's mostly just to get more exposure with a small amount of cash on the line and not necessarily making regular income. The good news is I've sold my house and ready to fund my account and quit my job to trade full time. This will be probably middle of next year with around £100k GBP to fund the whole thing, including a move to Thailand. There was a cracking sell setup this morning I'm still in on EU. Unfortunately...
Respect.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #6,399
  • Sep 5, 2018 3:28am Sep 5, 2018 3:28am
Quoting C-12
{quote} It's far from ideal as I'm forcing trades that aren't always quality setups to fit in a small 1 hour window (7:30 - 8:30am). It's mostly just to get more exposure with a small amount of cash on the line and not necessarily making regular income. The good news is I've sold my house and ready to fund my account and quit my job to trade full time. This will be probably middle of next year with around £100k GBP to fund the whole thing, including a move to Thailand. There was a cracking sell setup this morning I'm still in on EU. Unfortunately...
Well done sir. I'm really happy for you that you are changing your life for the best. For sure the weather will be.
With 100k account size and your knowledge of trading you will be making a nice living from trading as well.

In your opinion, you know the living cost of UK, what is the minimum account size to make a normal standard living from trading?

Cheers
  • #6,400
  • Sep 5, 2018 9:21am Sep 5, 2018 9:21am
Quoting mrhb30jr
{quote} Target Sell hit,.. Now I 'm going to open buy GU H4 TF ... at demand area .. {image}
Yesterday trade, close with small profit, buy today i catch again,GU ... when she is going to fly ...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4K.png Size: 33 KB
12 traders viewing now