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Price is everything

Quoting Winston Reed
{quote} Red was a great trader and yet he vanished without a trace. His fleeting success had much to do with feel of the market rather than any specific setups. Most S/D traders singularly focus and become obsessed with so-called supply/demand zones and quickly find out that many such zones regularly fail. It will become obvious to any trader beginning with s/d that the zones by themselves are not the answer. Many s/d traders preach the mantra "pick good quality zones" but are incapable of quantifying/qualifying such zones. Red gives a clue in his...
S/D zones are good for identifying areas where price will poke under or above before turning, going off a lot of posts on here from S/D traders, their SL gets hit which is above a zone or below a zone before turning and firing off back the other way.

Enter long under lows or short above highs only. In my opinion.
Quoting mallee
{quote} Try this https://www.scribd.com/doc/166058758...-is-Everything
Hello Mallee; Thank you very much and that file has a wealth of knowledge. Thank you.
Quoting Winston Reed
{quote} Red was a great trader and yet he vanished without a trace. His fleeting success had much to do with feel of the market rather than any specific setups. Most S/D traders singularly focus and become obsessed with so-called supply/demand zones and quickly find out that many such zones regularly fail. It will become obvious to any trader beginning with s/d that the zones by themselves are not the answer. Many s/d traders preach the mantra "pick good quality zones" but are incapable of quantifying/qualifying such zones. Red gives a clue in his...
Thanks for the info. There are some people say "supply & demand" is the key to profiting in trading. Some others say it's "volume spread analysis". Also I noted some say it's "order flow" that we have to master..... In your opinion what do you think where an intermediate/ (or beginner) trader should put his focus on?
Successful trading is actually quite simple, its just a matter of looking at the charts in a different way that we are all led to believe that we should.
When you break it down price just moves up and down in waves, its these waves when they are easy to see and clean is when the quality trading opportunities arise
Quoting sameer99
{quote} Thanks for the info. There are some people say "supply & demand" is the key to profiting in trading. Some others say it's "volume spread analysis". Also I noted some say it's "order flow" that we have to master..... In your opinion what do you think where an intermediate/ (or beginner) trader should put his focus on?
Master himself
Illegitimi non carborundum - Noli pati a scelestis opprimi.
Quoting sameer99
{quote} Thanks for the info. There are some people say "supply & demand" is the key to profiting in trading. Some others say it's "volume spread analysis". Also I noted some say it's "order flow" that we have to master..... In your opinion what do you think where an intermediate/ (or beginner) trader should put his focus on?
Try to focus/study/understand how market works and the price behavior ... with time you will know your answer (screen time is the Holy Grail)

Good luck
POW!
To:
ashbridge
Rufus
fxprimate

Thank you for all your replies. I guess I should start some studies with supply and demand..
Quoting sameer99
To: ashbridge Rufus fxprimate Thank you for all your replies. I guess I should start some studies with supply and demand..
I did not tell you to focus on S/D.
I told you to understand how the game works and to focus on price behavior.

Knowing when price behaves as for example A) has a higher probability of BUY and when the price behaves as B) has a greater probability of SELL and when it behaves like C) and D) the probalilidades are not very defined can go in any direction.

And never trade what you think the price will do as in A1) and B1) because their behavior is not yet conclued and the probabilities in this case are not in your favor.

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Understand how the game works, study, take notes how price behave.
Again, screen time is the Holy Grail.

Cheers

PS: You don't need to believe me ... just do your path
POW!
Price behaviors are very important in trading and it very good to understand and even to have your own strategies so you could now what to do in different situations. I like this thread, because many traders share their observation and you can follow them and try something new.
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Trading is not gambling. Change my mind.
Quoting sameer99
{quote} Thanks for the info. There are some people say "supply & demand" is the key to profiting in trading. Some others say it's "volume spread analysis". Also I noted some say it's "order flow" that we have to master..... In your opinion what do you think where an intermediate/ (or beginner) trader should put his focus on?
Order flow, DOM(depth of market) does not work in spot forex. Learn to trade strictly based on charts candlesticks. Learn how the price behaves, where to enter buy/sell, learn to read if the market is still going down or up, be careful on pullbacks a lot of traders make a mistake, when there is pullback they think the market is reversing, but it's not, it is collecting the orders for further down move for example or up move. Learn to think and trade like institutional traders and like market makers. Watch the % of traders who buys who sells. If you have 60% buyers and 40% sellers. Usually what happens price will start moving up a bit, retail traders jump on the ride thinking they are right it's going up, but its not. That's market makers filling the orders to push the market down and it does go down. But sometimes you will see that you are right it does go up. Because the MM wants you to think you are on a right track you did something right, the patterns work. Than the next day it they push it the opposite way, you panic, you don't understand why did this happen, how come it worked the day before but not today. When you have a lot of experience you will notice these things on chart candlesticks. It takes time, but remember practice, practice and practice and there is always something to learn in forex trading it is on going education. Also remember to have risk management. Never risk more than 1% of your account. Trade safe.
Trading is not gambling. Change my mind.
I get asked all the time; "why technical analysis?" (In other words price action)

And I always say...the where is more important than the what, how, who, why and when.
Humans are naturally hardwired to avoid and detest uncertainty.
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Trading is not gambling. Change my mind.
Quoting Techanalyst
{quote} Order flow, DOM(depth of market) does not work in spot forex. Learn to trade strictly based on charts candlesticks. Learn how the price behaves, where to enter buy/sell, learn to read if the market is still going down or up, be careful on pullbacks a lot of traders make a mistake, when there is pullback they think the market is reversing, but it's not, it is collecting the orders for further down move for example or up move. Learn to think and trade like institutional traders and like market makers. Watch the % of traders who buys who sells....
Thank you very much for your valuable insights. It says the more you learn, the more you earn. I believe this is very true.
Thank you. very useful to me. Hopefully I can be like you
Quoting Cools81
{quote} possibly the best comment ever made on FF. The "where" is supply/demand zone. Whats is a SD zone? thats WHAT retailers grt very wrong. There is no education out there on this. but anyway great comment re intraday retail trading.
"Where" is buyers and sellers or supply and demand. Calling them zones is suggestive but rather observing what happens at those so-called zones is the "what". Education exists.
Freedom is not free
Quoting Cools81
{quote} valuable? why cause he uses buzz words like instituional trading and market makers? Ha he doesnt have a clue and doesnt make a dime from trading.
Such accusations only shine the light on your own faults lest you prove otherwise.
Freedom is not free
Quoting Abe16
{quote} Such accusations only shine the light on your own faults lest you prove otherwise.
why would I?
Millions per year business yep just give it away for nothing.
Quoting Cools81
{quote} why would I? Millions per year business yep just give it away for nothing.
Then you spew nonsense no more worthy than that which you accuse.
Freedom is not free
Quoting Abe16
{quote} "Where" is buyers and sellers or supply and demand. Calling them zones is suggestive but rather observing what happens at those so-called zones is the "what". Education exists.
i dont quite understand this post.
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