Supply and demand in a nutshell by Alfonso Moreno | Page 469 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #9,361
  • Aug 21, 2018 2:35pm Aug 21, 2018 2:35pm
Long term sell on EURUSD.
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  • #9,362
  • Aug 22, 2018 2:12am Aug 22, 2018 2:12am
Forex cross pair EURNOK is rallying strongly from higher timeframe demand zones and creating brand new weekly demand levels for potential longs around 9.5779. We have room to rally and tested zones above so the path of east resistance is to the upside. When demand zones are respected and supply imbalances are removed we class this as an uptrend so right now we have long bias on EURNOK.

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Forex and Stocks supply and demand trading strategy
Set and Forget supply and demand trading community
  • #9,363
  • Aug 22, 2018 11:06am Aug 22, 2018 11:06am
Here I have a question.
In EURUSD here is the top to down analysis:
In Monthly we are in Supply control status
In weekly we can see the Down trend clearly. The last supply zone is determined.
In daily the price has broken the Down trend line but we can short on supply zones nested in the last weekly supply zone. right?
Is that weekly supply zone drawn correctly?
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  • #9,364
  • Aug 25, 2018 8:01am Aug 25, 2018 8:01am
Quoting soheilsor
Here I have a question. In EURUSD here is the top to down analysis: In Monthly we are in Supply control status In weekly we can see the Down trend clearly. The last supply zone is determined. In daily the price has broken the Down trend line but we can short on supply zones nested in the last weekly supply zone. right? Is that weekly supply zone drawn correctly? {image} {image} {image}
That weekly supply level is incorrectly drawn, there is a lot of trading in that area to short. Cheers, Alfonso
Set and Forget supply and demand trading community
  • #9,365
  • Aug 26, 2018 11:36am Aug 26, 2018 11:36am
Quoting soheilsor
Here I have a question. In EURUSD here is the top to down analysis: In Monthly we are in Supply control status In weekly we can see the Down trend clearly. The last supply zone is determined. In daily the price has broken the Down trend line but we can short on supply zones nested in the last weekly supply zone. right? Is that weekly supply zone drawn correctly? {image} {image} {image}
These are supply/demand zones on EURUSD weekly.
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  • #9,366
  • Aug 26, 2018 11:08pm Aug 26, 2018 11:08pm
S&P500 futures index is about to break all time highs again breaking the weekly supply barrier at 2879. Clear long term longs bias with new weekly and demand demand levels being created. Expecting a breakout of all time highs that will probably last for a couple of weeks before it retraces again.

A very similar scenario has already happened on Russell 2000 and Nasdaq futures indexes. Similar weekly supply zones have been eliminated and price retraced to the newly created weekly demand level.

Watch S&P500 supply and demand technical analysis here

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  • #9,367
  • Aug 28, 2018 11:47pm Aug 28, 2018 11:47pm
Forex cross pair GBPCAD is dropping with room to opposing monthly demand and in the process is creating a brand new weekly supply imbalance for shorts. In a downtrend supply levels are respected and demand zones are removed. Short bias right now on GBPCAD as supply imbalances continue to be respected, shorts at new daily and H4 supply zones.

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Supply and demand technical analysis on Stocks, Forex and Futures
Set and Forget supply and demand trading community
  • #9,368
  • Aug 29, 2018 1:22am Aug 29, 2018 1:22am
NZDUSD:
MN: Down
W1: Down
H4 Supply zones in W1 Supply areas are good for short
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  • #9,369
  • Aug 31, 2018 2:40am Aug 31, 2018 2:40am
Hi again
Forex USDCAD pair:
in MN chart: price is in Demand in control status
in W1 chart: price is in up tred and the demand zone is in control
in D1 chart; we are in a down trend so we should wait for a fresh demand area nested in the weekly demand zone
*BUT the point is that, when price reaches the drawn demand area, the weekly trend line will be certainly broken so we would not be in a weekly up trend.
Can we trade that demand zone?
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  • #9,370
  • Aug 31, 2018 11:09am Aug 31, 2018 11:09am
Quoting soheilsor
NZDUSD: MN: Down W1: Down H4 Supply zones in W1 Supply areas are good for short {image} {image} {image}
Weekly supply level in control, weekly downtrend, short bias. Weekly supply imbalance playing out.
Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #9,371
  • Aug 31, 2018 11:10am Aug 31, 2018 11:10am
Forex exotic pair USDZAR is continuing to rally and create fresh and strong demand imbalances for potential longs. We have a higher timeframe uptrend with supply levels being removed and new demand being created. Long bias on strong levels of demand as and when they are created.

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Supply and demand technical analysis on Stocks, Forex and Futures
Set and Forget supply and demand trading community
  • #9,372
  • Edited Sep 3, 2018 8:27am Sep 2, 2018 9:51am | Edited Sep 3, 2018 8:27am
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H4
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  • #9,373
  • Sep 2, 2018 11:28pm Sep 2, 2018 11:28pm
Quoting shurka
{image}{image}
H1 charts are not allowed as per the rules of this thread. Rules broken
Regards
Set and Forget supply and demand trading community
  • #9,374
  • Sep 2, 2018 11:30pm Sep 2, 2018 11:30pm
EURUSD is in a clear weekly downtrend with weekly supply level around 1.1679 in control. In a weekly downtrend we go short at areas of supply. There is a lot of room for price to drop to monthly demand zone around 1.06. If you are not short yet on EURUSD’s weekly supply level, waiting for new areas of supply on the daily and H4 charts is the way to go.

Watch EURUSD supply and demand analysis here
Set and Forget supply and demand trading community
  • #9,375
  • Sep 3, 2018 10:32pm Sep 3, 2018 10:32pm
What am looking forward to if this CHF strength continues..
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  • #9,376
  • Sep 4, 2018 11:37pm Sep 4, 2018 11:37pm
Hi Alfonso
I have been back testing some forex pairs by forex tester software. in almost all of the pairs, the average number of trades per month is less than 1 trade/month (10 trades in a year) For instance the attached picture is for USDCAD starting from 2015.
is it normal in this strategy?
Thanks for your response.
Soheil
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  • #9,377
  • Sep 5, 2018 1:56am Sep 5, 2018 1:56am
Quoting soheilsor
Hi Alfonso I have been back testing some forex pairs by forex tester software. in almost all of the pairs, the average number of trades per month is less than 1 trade/month (10 trades in a year) For instance the attached picture is for USDCAD starting from 2015. is it normal in this strategy? Thanks for your response. Soheil {image}
If you use MWD obviously you will have less setups and maybe they will end up to be loosing setups as well.
If you use D4H1H sequence you will have more setups per month and if you add all 28 pairs to your watch list you will be having enough setups.
Just choose first the time sequence suitable for your living style.
Cheers
  • #9,378
  • Sep 5, 2018 2:48am Sep 5, 2018 2:48am
Quoting Merka
{quote} If you use MWD obviously you will have less setups and maybe they will end up to be loosing setups as well. If you use D4H1H sequence you will have more setups per month and if you add all 28 pairs to your watch list you will be having enough setups. Just choose first the time sequence suitable for your living style. Cheers
I use W1D1H4 sequence. As I understood from the vedeos and this forum, H1 is not allowed based on the rules.
  • #9,379
  • Sep 5, 2018 3:03am Sep 5, 2018 3:03am
Quoting soheilsor
{quote} I use W1D1H4 sequence. As I understood from the vedeos and this forum, H1 is not allowed based on the rules.
Just my 2c,if you take a position and it moves in your favor,add positions based on lower timeframes.
  • #9,380
  • Sep 5, 2018 3:05am Sep 5, 2018 3:05am
Quoting soheilsor
{quote} I use W1D1H4 sequence. As I understood from the vedeos and this forum, H1 is not allowed based on the rules.
You understood wrongly.
In your private life you can use whatever time sequence you would like but to post here you need to follow Alfonso rules.
I use mostly DH4H1 and don't post here for that reason.
The following Supply &Demand thread there are not restrictions on TFs sequence and is more active than this one:

https://www.forexfactory.com/showthr...8#post11438868

Now you have 2 choose.
Regards
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