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Supply and Demand Trading Using Automated Indicator

  • #1,221
  • May 18, 2022 2:30am May 18, 2022 2:30am
Quoting soletrader
I have also have an open EURUSD short trade that is going the wrong way. So I may well pull this trade soon if it does not move for me. All part of the game ! Regards, {image}
Can share the indicator?
  • #1,222
  • May 18, 2022 6:31am May 18, 2022 6:31am
Quoting soletrader
I have also have an open EURUSD short trade that is going the wrong way. So I may well pull this trade soon if it does not move for me. All part of the game ! Regards, {image}
Υοu have understood the core of trading very well. We are trying to let price reach our profit target and get the profits
but when things go the wrong way, we try to minimize our losses. That way in the long term, profits will be much higher than losses.
  • #1,223
  • May 18, 2022 7:44am May 18, 2022 7:44am
hey i'm waiting for price to reach these levels for euraud and eurgbp, similar setups however pretty good confluence with trendlines
Attached Image(s) (click to enlarge)
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  • #1,224
  • May 18, 2022 10:22am May 18, 2022 10:22am
Hi Everyone,

Looks like my EURUSD short trade has at last turned around and is now going in the right direction.
I will monitor this trade and maybe close it soon if it stalls once again.

Chart grab attached.

Regards,
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_18052022.JPG Size: 31 KB
  • #1,225
  • May 18, 2022 10:36am May 18, 2022 10:36am
Closed for 27 Pips profit.
I did not like the way it hung about it's current price.

I will now concentrate on other trades that are still running.

Regards,
Attached Image (click to enlarge)
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  • #1,226
  • May 18, 2022 12:06pm May 18, 2022 12:06pm
Currently Short on the GBPUSD.
Let's see if this one hits the TP
If not I will close it earlier as there is a decent profit already.

Regards,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD18052022.JPG Size: 46 KB
  • #1,227
  • May 18, 2022 12:34pm May 18, 2022 12:34pm
Quoting soletrader
Currently Short on the GBPUSD. Let's see if this one hits the TP If not I will close it earlier as there is a decent profit already. Regards, {image}
Your setups are so inspiring. You explain your logic on why you enter or exit the trade in a very good way.
I like your trading mindset.
  • #1,228
  • May 18, 2022 1:41pm May 18, 2022 1:41pm
Hi Everyone,

Thanks George for your comments they are always very positive.
I have now closed the GBPUSD trade.

I know it was early but sometimes you just get a gut feeling that the trade is not working out 100%.

Closed for 124.7 Pips which returned a £1008.61 profit.
So I must not grumble.

See attached screenshot.

Regards to all
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Closed 18052022.JPG Size: 42 KB
  • #1,229
  • May 18, 2022 2:05pm May 18, 2022 2:05pm
Quoting soletrader
Hi Everyone, Thanks George for your comments they are always very positive. I have now closed the GBPUSD trade. I know it was early but sometimes you just get a gut feeling that the trade is not working out 100%. Closed for 124.7 Pips which returned a £1008.61 profit. So I must not grumble. See attached screenshot. Regards to all {image}

niceeeee well done soletrader
  • #1,230
  • May 18, 2022 2:07pm May 18, 2022 2:07pm
Quoting Shau15
hey i'm waiting for price to reach these levels for euraud and eurgbp, similar setups however pretty good confluence with trendlines {image} {image}
regarding this, EURAUD didnt reach the level and I cancelled the order, however tooK a quick 1:1 profit on EURGBP
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2022-05-18 at 22.07.07.png Size: 8 KB
  • #1,231
  • May 19, 2022 12:58am May 19, 2022 12:58am
Hi Shau15,

Well done mate you managed to bag some pips so that was good.
Your decision to close the other trade was correct for the simple fact that you DID make a decision.

Move onto the next trade !

Regards,
  • #1,232
  • May 24, 2022 7:41am May 24, 2022 7:41am
I have implemented the Supply Demand EA Pro in my scalping strategy and the results are very good. I use the 14 Moving Average indicator to identify the market direction
and i use the supply demand zones as possible price turning points. I take my profits before price touches a zone. I am monitoring mostly 1hr and 4hr charts and if it is necessary
i go on lower timeframes. So far my winning ratio is about 80% and i am trying to make it even higher. The next days i will post some of my setups and the results i get from it.
  • #1,233
  • May 24, 2022 3:35pm May 24, 2022 3:35pm
Quoting Scalper4
I have implemented the Supply Demand EA Pro in my scalping strategy and the results are very good. I use the 14 Moving Average indicator to identify the market direction and i use the supply demand zones as possible price turning points. I take my profits before price touches a zone. I am monitoring mostly 1hr and 4hr charts and if it is necessary i go on lower timeframes. So far my winning ratio is about 80% and i am trying to make it even higher. The next days i will post some of my setups and the results i get from it.
We are waiting to see your results using the EA. There so many ways to use the EA. Everyone can implement it in his own trading style.

Today i placed 4 trades in total. 3 winners and 1 looser. Trade of the day was the short setup on USDCHF H4. Supply Zone was formed in compliance with Bearish Trendline. Price touched it and dropped. I am posting the short setup on USDCHF and my Daily results. Check the photos below.

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  • #1,234
  • May 27, 2022 6:38am May 27, 2022 6:38am
Quoting hpztrading
{quote} I have posted loss trades many times. Losses is part of the game. But through my experince i am trying to end everyday in a greeen, and minimize losses.

Well, I did not ask if you had losing trades. Everyone knows you will lose trades. I specifically ask if you end days/weeks/months in losses. Since you post results sporadically. Because everyone knows 2 green or 3 green days here and there doesn't mean a person is profitable.

But good job on the EA, it makes S&D trading easier.
  • #1,235
  • May 28, 2022 8:27am May 28, 2022 8:27am
Friday was the day.

12 scalp trades, 11 small winners and a big loss on gold .
+$246

See photo attached.

Attached Image (click to enlarge)
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  • #1,236
  • May 30, 2022 6:45am May 30, 2022 6:45am
Quoting Scalper4
Friday was the day. 12 scalp trades, 11 small winners and a big loss on gold . +$246 See photo attached. {image}
Impressive results Scalper4. Very high winning ratio. I hope you can keep it this way.
Share with us some of your trades to see your trading style.
  • #1,237
  • Jun 9, 2022 2:00am Jun 9, 2022 2:00am
Have moved over to trading the daily like Sole, good so far.
  • #1,238
  • Jun 9, 2022 8:21am Jun 9, 2022 8:21am
Quoting Pandatronix
Have moved over to trading the daily like Sole, good so far.
Can you share with us some of your setups?
  • #1,239
  • Jun 9, 2022 1:21pm Jun 9, 2022 1:21pm
Quoting hpztrading
{quote} Can you share with us some of your setups?

need to give some time and get a bigger sample size, otherwise it could just be luck.
  • #1,240
  • Jun 12, 2022 12:19pm Jun 12, 2022 12:19pm
Quoting hpztrading
When i really believe that a setup is offering high trading probabilities i place 2 positions on that trade. See the example on EURCAD M15 Short Setup. Supply Zone was formed inside M30 Supply Zone. I really believed that price will drop as soon as price will hit that M15 Supply Zone. For that reason i placed 2 sell orders. Finally price hit that level and dropped lower as i was expecting. Check the photo below. {image}
You went short on this trade but the trendline indicator is pointing to long position. Why? Does it mean that we can trade against the trendline if MTF Supply and Demand is giving opposite signal?
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