Indicators only Indicate, Price action dictates.
EIP: Everything In Price (PIE) 16 replies
Everything to Nothing to get Everything? 7 replies
Price Is Everything - Lets Focus on Price and Swings 17 replies
The Lemon Next to the Pie 8 replies
Bye, Bye USD Pie 5 replies
DislikedI learnt supply and demand trading with someone called Tony (better known as redsword11) over 10 years ago or so. He created a forum called 'price is everything (PIE)' and he taught me the basics of how supply and demand actually work. Over the years and after years of chart time in my favour, I've come to the conclusion the price is predictable and its also very simple to read price action if you know what to look for. The simple idea behind supply and demand is this: ''PRICE ALWAYS GOES BACK TO THE SOURCE OF THE MOVE''............ it happens in...Ignored
Disliked{quote} Redsword11 was really a wonderful trader. He was the one who looks the charts in different way. My google photos account still has it charts in it. {image} Best of luck for PIE#2Ignored
DislikedSo I'm going to try and focus less in trading on shorter term charts which is what i normally do and try and focus on longer term charts. That way the forum wont be to flooded with my thoughts and just focus on the main ideas. ill also post one or two detailed examples on how I enter a trade and what I look for In the coming week or two that way it'll be more clear for everyone. As a general rule in my trades, I tend to get more emotional then logical which is the reason why my trades don't work in my favour in regard to sticking to my ideas. But...Ignored
DislikedSupply for dollar on daily is this level in red. we could by pass this level on LTF which would make a spike on daily to 104.40 which is the higher supply and its shown on lower time frame. Either way i am bearish the dollar. {image}Ignored
DislikedHi Joel23, very interesting and informative thread. I have been following your post and you seems to be spot on with your trade ideas. I wanted to asked you a few questions but based on your last post I will wait and see if my questions get answered.Ignored
Disliked{quote} same thing for EURUSD, this demand on daily could hold us back from going lower, but there is a chance we hit lower demand at 1.08. we go up either way. the trend is your friend. {image}Ignored
DislikedSplendid work Joel23, I just want to get your thought on these two areas of these charts if you don't mind. They appear to be great demand areas but I'm not a 100% sure. {image} {image}Ignored