Price Will Tell - Supply/Demand Price Action Trading
- #1,842
- Apr 27, 2018 3:08am Apr 27, 2018 3:08am
- Joined May 2012 | Status: ... | 1,925 Posts
GBPJPY
Been keeping an eye on this pair for a while. Ascending channel still intact. Waiting to see if the H4 will pin some fresh air and produce supply at or around 155.00, which is around 300 pips north.
M15 is sitting in fresh demand. May look for a buy, let's see.
Been keeping an eye on this pair for a while. Ascending channel still intact. Waiting to see if the H4 will pin some fresh air and produce supply at or around 155.00, which is around 300 pips north.
M15 is sitting in fresh demand. May look for a buy, let's see.
- #1,843
- Apr 27, 2018 3:32am Apr 27, 2018 3:32am
- Joined May 2012 | Status: ... | 1,925 Posts
May look for a buy, let's see. {image}
- #1,846
- Nov 28, 2019 4:20am Nov 28, 2019 4:20am
- Joined May 2012 | Status: ... | 1,925 Posts
Re the above two posts: tedious.
Hello FF, hope you're all well.
Doing today what I always did but with the addition of a much developed supdem indie that
now works properly in terms of zone filtering and user-programmable audio alerts.
Day trading 4 x pairs on M1 charts.
If price hits a fresh RBD supply zone then turns and prints bearish engulfing PA - sell it. Stop behind the zone.
If price hits a fresh DBR demand zone then turns and prints bullish PA - buy it. Stop behind the zone.
Holding nothing overnight.
Take care all
Hello FF, hope you're all well.
Doing today what I always did but with the addition of a much developed supdem indie that
now works properly in terms of zone filtering and user-programmable audio alerts.
Day trading 4 x pairs on M1 charts.
If price hits a fresh RBD supply zone then turns and prints bearish engulfing PA - sell it. Stop behind the zone.
If price hits a fresh DBR demand zone then turns and prints bullish PA - buy it. Stop behind the zone.
Holding nothing overnight.
Take care all
- #1,847
- Nov 28, 2019 10:30am Nov 28, 2019 10:30am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
Doing today what I always did but with the addition of a much developed supdem indie that now works properly in terms of zone filtering and user-programmable audio alerts.
It never gets easier, you just get better
- #1,848
- Jan 12, 2020 5:18am Jan 12, 2020 5:18am
Glad I came across this thread. I trade SD with PA patterns as entry confirmation. I understand most SD traders like to use limit orders and wait for them to trigger when they hit the zone. You definitely miss some trades by waiting for confirm entries but it has also saved some potential losses. Subscribed to the thread, appreciate you consistently putting up content Simon
- #1,851
- Jun 6, 2020 1:43pm Jun 6, 2020 1:43pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
[i]mportant candlestick PA formations at those S/R levels are actually keys to the correct/accurate long/short(fakeouts/breakouts) trading decisions as well as SL setups. Emphasis added
Without VSA, you're playing checkers while the Smart Money plays chess.
Wow, I was about to close my laptop and suddenly found this thread on the first page list. I also trade using S/D and I'm so glad to find this topic discussed. I'm still lacking in many ways when it comes to supply and demand, the execution, take profit level and other areas. I'm gonna try to read the thread through because it's still not that long compared to the other threads on this forum lolz
These are my drawing on the chart, I hope I can get some feedback on them. I appreciate any constructive opinion you seniors can throw.
I hope this thread can come back to live again with more senior S/D traders in this great forum! Ok, now I'm gonna seriously close my laptop for today.
These are my drawing on the chart, I hope I can get some feedback on them. I appreciate any constructive opinion you seniors can throw.
If you want to make a lot of money, go to where money is in abundance.
