Do your homework, follow the footprints of smart money
5 years experience of {sam seiden} on supply & demand trading 21 replies
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DislikedIn a market, the more out of balance supply and demand is at a price level, the less the trading activity will be.Ignored
Disliked{quote} Actually it's the opposite: When there is balance there is less trading. This is demonstrated by ranging. When price is moving quickly in one direction or the other it is out of balance and seeking balance.Ignored
Disliked{quote} Absolutely...those are Sam seiden's words either on video or power point slide...in fairness you should quote himIgnored
Disliked{quote} {quote} Clear difference in interpretation. Which is correct ? Both sometimes correct, sometimes wrong. Market is more complex and chaotic then both this suggested "regular" market behaviour.Ignored
Disliked{quote} Actually it's the opposite: When there is balance there is less trading. This is demonstrated by ranging. When price is moving quickly in one direction or the other it is out of balance and seeking balance.Ignored
Disliked{quote} It's not an interpretation. It's just a fact on how all markets behave. Basic economics that any 12 year old can understand.Ignored
Disliked{quote} Hey, what happened to his live streaming 40 million project? Anyone seen it yet? Wait another 100 yrs, I guess.Ignored
Disliked{quote} Do you realise that by this post you are essentially calling Techanalyst illiterate below a 12 yo kid ? You have to prove YOUR fact because perhaps the trading world missed out YOUR fact.Ignored
DislikedSomething I'm looking at and that also illustrates some of the concepts I've been describing. Please understand that I don't normally label supply and demand areas at all. I'm doing it here for the purpose of what this thread has become a debated about. I instinctively recognize supply and demand and really don't usually think about it too much. So here a supply shelf can be seen. This is where sellers took it down. Demand came in with those 2 large bullish gap bars that took out the supply shelf which can now be called a demand shelf for now. It...Ignored
Disliked{quote} That is one hour chart. Try looking S&D on monthly, weekly and daily. I will attach one example. Red box supply, blue box demand. From my experience, I found by trading S&D on those higher TF's, it really works great. It does take time to reach from one level to another, but it does work. If the market is trending, it works faster, if market is choppy, there is a lot of news, you will see it move like crazy on smaller time frames, but it will get to demand or supply zone eventually. {image}Ignored
DislikedIn fact MTF analysis is another mantra/dogma preached here on FF and I reject it completely. I also trade futures with tick charts and I assure you it is nearly impossible to trade using multi tick charts. It doesn't work and I don't know anyone who does it. I pick my time frame and trade it as is.Ignored
Disliked{quote} This is interesting. I am interested to hear your interpretation and opinion if you care to post here.Ignored
Disliked{quote} At some point I may comment on this but my comments would definitely be subjective and opinionated and subject to intense criticism and ridicule. What I can say is my "trading education" occurred with a mentor who also rejected MTF analysis. When I stopped flip-flopping between charts with different time frames my trading vastly improved. Having said that I know some traders who make it work. C12 is one of them and he seems to do very well. Interestingly he's a supply and demand trader. But C12 has this down to a science with charts side-by-side...Ignored
Disliked{quote} I'll take a stab at it moodybot. Before I do though I think it's important to be able to objectively describe objectively a price chart without any assumptions. This is difficult for many and I'll submit it is why most are not able to trade profitably because they are stuck in their beliefs about why price did something rather than just accept that it did and move on. I'm using a weekly chart instead of the daily chart because the amount of data on the daily is a bit overwhelming. Also the price action is easier to see and explain. I'm also...Ignored
DislikedAt the end of the day, i think this is coming more down to terminology as to whether they are zones, targets, supply and demand etc but it's a great discussion. Perhaps worthy of a new thread.. Cheers M.Ignored
Disliked{quote} I accept that your MTF post is subjective and opinionated, no problem. I do find value in the basis why your mentor and you reject MTF analysis. I have no idea about C-12.Ignored
DislikedA lot of you guys have hijacked this thread from the OP and, perhaps, advancing a different agenda. KPIgnored
Disliked{quote} Honestly BW judging by your posts I think you're just looking for an argument. I don't care to explain why I don't use MTF. It's only relevant to me and not to you or anyone else. You love to dismiss everything as being either subjective, opinionated or one's interpretation. I think you are seeking to dismiss certain concepts as a way to justify what sounds like some bad trading experiences inappropriately using those concepts. But that's just my interpretation, my opinion and it is very subjective. I wish you well!Ignored
Disliked{quote} Looking for argument is incorrect interpretation. I challenge every idea that's regurgitated on forum with polite language. Not due to bad experience as you suggested. It naturally makes the poster uncomfortable and defensive. This challenge is not a confrontation, it's purpose is to seek clarity and transparency. When the poster do respond to the challenge like your earlier posts with charts and narrative explanation the world gets to see the details of merits and demerits then make their own assessment with basis. In this way it becomes...Ignored