{image}
(binned per thread starter’s request) Supply and Demand, Price
- #41
- Dec 31, 2020 10:03am Dec 31, 2020 10:03am
- Joined Mar 2009 | Status: Hobby Trader | 4,477 Posts
- #44
- Dec 31, 2020 8:33pm Dec 31, 2020 8:33pm
- Joined Mar 2017 | Status: Trader | 2,054 Posts
Maybe this indicator will help you guys with this strategy.
just plot a line with your horizontal line icon on MT4 platform and you can make your own SR areas.
just plot a line with your horizontal line icon on MT4 platform and you can make your own SR areas.
- #45
- Dec 31, 2020 11:25pm Dec 31, 2020 11:25pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #46
- Jan 1, 2021 2:16am Jan 1, 2021 2:16am
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
First post of the new year.
Without VSA, you're playing checkers while the Smart Money plays chess.
![Click to Enlarge
Name: [DJI30]M5.png
Size: 65 KB](/attachment/image/3824746/thumbnail?d=1609507905)
@HiddenGap,i hope you can answer this question for me,whats your opinion on volume in forex ?,half of members on FF say it doesnt exist on the forex market the other half says you can use it on forex ? im trying to mirror up trading with wide gaps with volume i hope you can advise,thank you in advance 
- #53
- Jan 1, 2021 12:35pm Jan 1, 2021 12:35pm
- Joined Mar 2009 | Status: Hobby Trader | 4,477 Posts
@HiddenGap,i hope you can answer this question for me,whats your opinion on volume in forex ?,half of members on FF say it doesnt exist on the forex market the other half says you can use it on forex ? im trying to mirror up trading with wide gaps with volume i hope you can advise,thank you in advance
I don't use indicators but if I did volume would be the only one. Getting the right volume indicator is important.
@HiddenGap,i hope you can answer this question for me,whats your opinion on volume in forex ?,half of members on FF say it doesnt exist on the forex market the other half says you can use it on forex ? im trying to mirror up trading with wide gaps with volume i hope you can advise,thank you in advance
Don't be bothered about the vol topics, in FX we have tick vol and many research has concluded that it correlates with real vol ~90% of the time. you can read good VSA book- trading in the shadow of smart money (google it, its free)
The more you learn the more you earn
- #58
- Jan 1, 2021 1:53pm Jan 1, 2021 1:53pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Video I did on trend, levels, analysis and some comments on R:R. Hope it helps. I'll be doing more of these. https://youtu.be/ics7l6kbvEE
Here's my take on an area pointed to in the video.
1. In the video, Winston refers to this area as a "bump". For me, it is a "Reaction Point". This RP is significant because it does not close the WRB HiddenGAP. Which qualifies this as a WRB Supply/Demand Delta Zone.
2. WRB. Winston states this is a possible entry point for him. I like it as well. It confirms the NS on the previous interval by closing UP. In addition, we see a. The Volume Pressure Gauge turns green indicating more buying volume than selling volume in the market.
3. Another possible entry. Same basic theme another WRB. The NS is confirmed with the next interval UP. That interval coincides with a change in the Volume Pressure Gauge from red to green.
Note: When I say WRB, I mean Wide Range Body (open-close) as I use candles. Simply, "B" can mean either Body (open-close) or Bar (High-Low). Just choose one and stick with it.
Without VSA, you're playing checkers while the Smart Money plays chess.
- #59
- Jan 1, 2021 2:23pm Jan 1, 2021 2:23pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #60
- Edited 6:15pm Jan 1, 2021 2:55pm | Edited 6:15pm
- Joined Mar 2009 | Status: Hobby Trader | 4,477 Posts