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S & D Relevisk.com

  • #1
  • First Post: Edited Dec 23, 2020 10:18am Nov 12, 2020 6:05pm | Edited Dec 23, 2020 10:18am
The information posted here is meant for entertainment purposes only. While it works for me, YOU have to do YOUR own due diligence. Make sure YOU're going to accept any risks involved with trading as well as accept the outcomes. Trading is dangerous. You can lose A LOT of money. YOU will take all the responsibility for YOUR actions.

I now have a 2 videos on youtube where I go over the basics of the strategy I use.

Here are some examples of trades that I've called, nothing earth shattering but should give you an idea of what I like to do:
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  • #2
  • Nov 12, 2020 7:09pm Nov 12, 2020 7:09pm
So..where is proof of your success?
I will tear the world apart for you.
  • #3
  • Nov 12, 2020 7:33pm Nov 12, 2020 7:33pm
patience kemosabe
  • #4
  • Edited 11:28am Nov 13, 2020 2:16am | Edited 11:28am
For starters this is a strategy that I've put together mostly through youtubing and googling. Some of it I figured out on my own but then was confirmed later through more googling. Which is why I don't feel comfortable selling my strategy otherwise I would.

What I do sell is a subscription to a weekly newsletter where I do the work and pick forex pairs, stocks and/or futures that I like for swing trading and position trading. These are picks that I like for my own trading strategy so please please please do your own due diligence and make sure that you know what you're doing and that you're willing to accept the risk.

Also I like to day trade forex when i can, follow me for free on twitter @releviskdotcom to see how I'm doing with that. Please re-read the above paragraph.

(right now I ask that you place your tongue in your cheek before continuing with this sentence) Just because you found this or any other information on the internet does NOT mean that it's true or guaranteed. (it's now ok to remove your tongue from your cheek).

Let's be honest, if you're new to trading you're probably not going to make money anytime soon. But you WILL lose money. With that being said please don't be stupid in these ways:

  1. If you don't use stops you're stupid
  2. If you don't use good risk management, you're stupid
  3. If you let your emotions make your decisions....you're stupid

I don't like to be mean but newbies are extremely vulnerable to being stupid. Please don't be stupid

If you aren't new AND you do any of the above, then I think you might actually be stupid....I'm sorry but we should all look in the mirror once in a while.

In conclusion, if you are stupid in these ways then trading is not something you should be doing.

  • #5
  • Nov 13, 2020 2:38am Nov 13, 2020 2:38am
I'm planning to start a youtube channel soon where I can more easily show what I like to do. Stay tuned buckaroos!

In the meantime I'll go over the basics here. If there's anything you don't understand please ask or (place tongue in cheek) go to your local library, utilize the dewey decimal system and find yourself some books where you can then look up what you need to know (remove tongue from cheek). I'll just stick to forex for now since....well.....ya know.

So for starters I don't trade any pairs that have a spread of more then 4 to 5 pips which generally are the cross pairs. Also I don't like to trade anything with a hefty margin requirement but I do make an exception for the GBP/USD and EUR/GBP. Here's my list:

  1. aud/cad
  2. aud/chf
  3. aud/jpy
  4. aud/nzd
  5. aud/usd
  6. cad/chf
  7. cad/jpy
  8. chf/jpy
  9. eur/aud
  10. eur/cad
  11. eur/chf
  12. eur/gbp
  13. eur/jpy
  14. eur/nzd
  15. gbp/usd
  16. nzd/cad
  17. nzd/chf
  18. nzd/jpy
  19. nzd/usd
  20. usd/cad
  21. usd/chf
  22. usd/jpy

  • #6
  • Edited 11:29am Nov 13, 2020 10:17am | Edited 11:29am
The first thing I do when trading is look at an institutional timeframe for direction. That would be the daily, weekly, monthly or quarterly charts. The one that I look at depends on the timframe that I want to trade.

  1. Daily- when trading from the 1 minute to the 90 minute chart
  2. Weekly- from the 2 hour to the the 8 hour chart
  3. Monthly- from the 8 hour to the daily chart
  4. Quarterly- to trade the weekly chart; Keep in mind the bigger the timeframe you trade on, the more you need to know the fundamentals. So at this timeframe you better get studying!

  • #7
  • Edited Nov 14, 2020 11:29am Nov 13, 2020 11:39am | Edited Nov 14, 2020 11:29am
To keep it simple I'll try to keep this thread and youtube videos to this list of combinations.
The first timeframe is the chart that I'd be looking at to place trades, and then using the next timeframe for trend contradiction and the last used for overall direction.

  1. 5m, use 15m and 1h
  2. 15m, use 1h and 4h
  3. 1h, use 4h and 1D
  4. 4h, use 1D and 1W
  5. 1D, use 1W and 1M
  6. 1W, use 1M and 1Q

m= minute chart, h= hourly chart, D= daily chart, W= weekly chart, M= monthly chart, Q= quarterly chart

NOW it's time to start ID'ing supply and demand zones.

Hutch, if you're noticing I changed this post to include more detail you're right. I glossed over this step way too much on the first go 'round.

  • #8
  • Nov 13, 2020 3:59pm Nov 13, 2020 3:59pm
Quoting Relevisk.com
For starters this is a strategy that I've put together mostly through youtubing and googling. Some of it I figured out on my own but then was confirmed later through more googling. Which is why I don't feel comfortable selling my strategy otherwise I would. What I do sell is a subscription to a weekly newsletter where I do the work and pick forex pairs, stocks and/or futures that I like for swing trading and position trading. These are picks that I like for my own trading strategy so please please please do your own due diligence and make sure that...
There are plenty of good strategies in FF but the main reasons that traders don't make money has nothing to do with SL and money management. The main reason is that many traders don't follow the rules of the strategy or change the rules to suit their own trading style. We all have to live and learn but the learning process of trading is hard for many people and, with dedication and patience, they will learn and make money. Please take a look at the picture and you will see that over 75% of traders lose money. By the way my broker has only 23% of winning traders including me.
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  • #9
  • Nov 13, 2020 4:34pm Nov 13, 2020 4:34pm
First off, thanks for visiting, we're happy to have some interaction.

Also I absolutely agree with you that the main reason people lose money is that they don't stick to their rules. However I completely disagree when you say that traders that don't make money "has nothing to do with SL and money management".

With that being said I think we're on the same page in that traders need to have a strict set of rules for their strategy and stick to them religiously. For me, and in my opinion everyone, SL's and money management are critical rule sets. My strategy, or should I say "my", is worthless without these and I imagine that for nearly all failing traders, it comes down to a lack of rules around SL's and mm. But whatever the case, you make an excellent point that all traders need to follow the same exact rules every time, or at least as close as humanly possible.

And I hope everyone who reads this post does take a long look at the chart so they can have an idea of the mountain they're about to climb. As you say it takes time and effort to become profitable. To be honest I'm surprised the % number of profitable clients is that high. I've never looked into it but I've always heard that the number was closer to 95% of traders fail.

Thanks for the input!
  • #10
  • Nov 13, 2020 5:24pm Nov 13, 2020 5:24pm
Quoting Relevisk.com
First off, thanks for visiting, we're happy to have some interaction. Also I absolutely agree with you that the main reason people lose money is that they don't stick to their rules. However I completely disagree when you say that traders that don't make money "has nothing to do with SL and money management". With that being said I think we're on the same page in that traders need to have a strict set of rules for their strategy and stick to them religiously. For me, and in my opinion everyone, SL's and money management are critical rule sets. My...
Thank you for correcting me you are entirely right that traders not using SL and good money management will lose money. When I saw the picture I posted earlier this year I wondered why traders that lose money just don't quit but a friend working for a forex broker told me that for many people trading is like a drug at par with gambling so they keep replenishing their accounts.
  • #11
  • Nov 15, 2020 12:18pm Nov 15, 2020 12:18pm
Quoting Relevisk.com
The information posted here is meant for entertainment purposes only. While it works for me, YOU have to do YOUR own due diligence. Make sure YOU're going to accept any risks involved with trading as well as accept the outcomes. Trading is dangerous. You can lose A LOT of money. Depending on the kind of person you are, you may react violently. Don't laugh, people freak the f*ck out when it happens. YOU will take all the responsibility for YOUR actions. I've spent years collecting as much info as i could from google...
I will tear the world apart for you.
  • #12
  • Nov 15, 2020 12:22pm Nov 15, 2020 12:22pm
Thanks for visiting!
  • #13
  • Nov 15, 2020 12:39pm Nov 15, 2020 12:39pm
Also I really appreciate Barnell highlighting where we got our information on trading from. The fact is trading itself is very basic and simple. Anyone can do it, as long as one can control one's own emotions...
  • #14
  • Nov 15, 2020 5:42pm Nov 15, 2020 5:42pm
Quoting Relevisk.com
Also I really appreciate Barnell highlighting where we got our information on trading from. The fact is trading itself is very basic and simple. Anyone can do it, as long as one can control one's own emotions...
With hard work, perseverance and dedication every trader can succeed.

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  • #15
  • Nov 17, 2020 7:19am Nov 17, 2020 7:19am
The basis for supply and demand trading is that institutions move the markets. And they move them as a result of the massive orders they HAVE to place in order to be profitable at the level they, their clients, and board members expect.

When they place those orders, they tend to absorb all opposing orders at that price point. When all opposing orders are gone, all that's left are their remaining orders. Which causes price to rally, if it was a buy order, or drop of it was a sell order.

It's these areas we try to identify by analyzing price movement. We then wait for price to return to these areas so we can jump on board.

And we want to jump on board because we expect that there are institutional orders left to be filled at that price point (with no opposing orders at that price point). If we're right, price will bounce or drop from that same point again, as institutional orders begin filling again. Thus slapping us upside the head, with fistfuls of cash.
  • #16
  • Nov 19, 2020 7:09am Nov 19, 2020 7:09am
Don't forget to visit our website and sign up for our newsletter!
  • #17
  • Last Post: Nov 28, 2020 10:32am Nov 28, 2020 10:32am
Here's an example of what to look for when looking for supply and demand zones. Relatively small candles surrounded by long candles which indicates that price stopped in the area due to heavy trading that was absorbing opposite orders. Then price quickly moved away from the area once all the opposite orders were filled and a large amount of leftover institutional orders caused price to move quickly to find more opposite orders.
Remember that we are not trying to predict these zones happening, we are waiting for them to happen, then we highlight them, and then when price comes back to the highlighted area we buy if it's demand and sell if it's supply.
A demand zone is an area that is below current price and a supply zone is above current price.
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