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Supply and Demand Trading Using Automated Indicator

  • #1,021
  • Dec 9, 2021 9:33am Dec 9, 2021 9:33am
Where is everyone ?

Come on Guys N Girls.
Let's see some more example trades !

I took this one based on the following :-
Chart within another chart.

Also the price hit my own previous drawn resistance level.
The EA works very well but confluence is also very important.
  • #1,022
  • Dec 9, 2021 9:35am Dec 9, 2021 9:35am
Makes even more sense if the charts are also uploaded !
Here we go ....
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  • #1,023
  • Dec 9, 2021 9:52am Dec 9, 2021 9:52am
Gold short setup, before and after
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  • #1,024
  • Dec 9, 2021 9:59am Dec 9, 2021 9:59am
Quoting soletrader
Where is everyone ? Come on Guys N Girls. Let's see some more example trades ! I took this one based on the following :- Chart within another chart. Also the price hit my own previous drawn resistance level. The EA works very well but confluence is also very important.
Nice charts soletrader, i traded gold too today and gained some good profits
  • #1,025
  • Dec 9, 2021 10:03am Dec 9, 2021 10:03am
Great to see other traders on the scene !!

I just closed out a USD CHF short trade and managed to bag some more pips.
I try to look for trades that have extra confluence.

This one was a good example .
A chart within a chart and also my resistance level drawn on the chart.
Red line was the resistance level and the blue line was just to show the close level.
Happy days !
Attached Image (click to enlarge)
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  • #1,026
  • Dec 9, 2021 10:06am Dec 9, 2021 10:06am
Great GOLD trade Choky !!
  • #1,027
  • Dec 9, 2021 10:09am Dec 9, 2021 10:09am
Hi to Tessa M .... Glad you are having fun also !
  • #1,028
  • Dec 9, 2021 10:10am Dec 9, 2021 10:10am
Quoting soletrader
Great to see other traders on the scene !! I just closed out a USD CHF short trade and managed to bag some more pips. I try to look for trades that have extra confluence. This one was a good example . A chart within a chart and also my resistance level drawn on the chart. Red line was the resistance level and the blue line was just to show the close level. Happy days ! {image}
You have understood the essence of hpz setups very well soletrader. I wish other member can learn from your setups.
  • #1,029
  • Dec 9, 2021 10:43am Dec 9, 2021 10:43am
I have not taken this GOLD trade for the following reasons.

(1) There is a lot of rejection around the current price level .

This is indicated by the amount of bars to the left that have not been able to break above the red line resistance level.
Sometimes it is a better trade to just to hold onto your cash !

Let's see how this one pans out.

There is NO substitute to time spent on chart studying.
Watch the market and learn how it works and then use George's great EA !!

Regards to all.
Attached Image (click to enlarge)
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  • #1,030
  • Dec 9, 2021 12:07pm Dec 9, 2021 12:07pm
Did anybody manage to close the GOLD trade before it manage to plummet ?
It was a difficult call and therefore as previously stated I did not take this trade.

I would be good to know if anyone did take it and what the outcome was .

Regards.
Attached Image (click to enlarge)
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  • #1,031
  • Dec 9, 2021 1:42pm Dec 9, 2021 1:42pm
Quoting soletrader
Did anybody manage to close the GOLD trade before it manage to plummet ? It was a difficult call and therefore as previously stated I did not take this trade. I would be good to know if anyone did take it and what the outcome was . Regards. {image}
i did not take this trade either soletrader
  • #1,032
  • Dec 9, 2021 1:50pm Dec 9, 2021 1:50pm
Hi Choky. It was too close for me to call. There will be another trade there is no doubt about that. It is very important to preserve your account at all times. Remember we are account managers first and traders secondly. Regards
  • #1,033
  • Dec 10, 2021 7:16am Dec 10, 2021 7:16am
This gold just keeps on giving. !

Maybe drop all other pairs and run with the gold trades.
Still undecided at the moment.

Hopefully other traders that are using George's EA managed to bag some pips today.

Regards
Attached Image (click to enlarge)
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Attached Image
  • #1,034
  • Dec 10, 2021 7:48am Dec 10, 2021 7:48am
Currently short on AUDJPY nested supply zone.
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  • #1,035
  • Dec 10, 2021 7:57am Dec 10, 2021 7:57am
Well done dotcrampy. Looks like you also have bagged some extra pips
  • #1,036
  • Dec 10, 2021 8:17am Dec 10, 2021 8:17am
Possible long setup here
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  • #1,037
  • Dec 13, 2021 4:06am Dec 13, 2021 4:06am
Gold made a nice trade this morning.
I took the standard Take Profit.
It would have been even better if someone had told me it was going higher !

Hope other EA traders on the forum also took this trade.
Extra confluence was given by the green support level.

Regards
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  • #1,038
  • Dec 13, 2021 7:04am Dec 13, 2021 7:04am
3 charts from the GBP AUD pair.
Look at how the charts tell a story.

Listen to the market and green pips will follow.
BTW I did not take this trade.

Sometimes it is just better for me to observe as this helps to calm my mindset.
First bar into the zone followed by an inside bar then a small doji bar.

Market price comes back to test the zone once more.
Zone price gets totally rejected as shown by the pin bar.

Finally the two larger down bars take out the attempt to go back higher.
The blue line was my target price.

I hope this helps somebody else's learning.
Regards.
Attached Image(s) (click to enlarge)
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  • #1,039
  • Dec 13, 2021 7:06am Dec 13, 2021 7:06am
Nested audcad demand zone, 2:1 take profit .

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  • #1,040
  • Dec 13, 2021 7:15am Dec 13, 2021 7:15am
Hi Choky.
Did you take this trade ?
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