Nearly Naked (Simple Trades)

This little trade idea was posted over at FX360... http://www.fx360.com/techAnalysis/Index.aspx?tab=audusd

I haven't analyzed it yet myself but my first impression is that it won't work because of the Aussie strength. Opinions are appreciated.

Just throwing it out there...

No Problem Marc,
However, I wouldn’t go to me for coding. The lines I posted are the only lines I understand. I was just lucky.

Hello everyone, another trading week begins


Some nice gaps on aud

Hi Erik. Ya, I just caught 4 quick pips on A/U. I'm expecting this little gap to close quickly and then for price to continue up to D R1. I'm thinking of putting a pending buy order in at the W PP with a stop below the D PP.

That could work, unless we breakout to the upside over the next few hours I will be waiting for a pullback to approx this area to go long targeting 9981.

Au

Boj vs the Fed

Morning Marc,
Take a look at the attached MA-Ribbon-Filled+MA
It adds 50EMA 100EMA and 200EMA
That’s what I have on my charts.
It can be changed to suit your charts, like the old MA-Ribbon-Filled.
This means you only have to put on one indicator with Ribbon and the MAs are automatically added.

Any thoughts on CAD?

Any pointers welcome. What am I not seeing if any?

Small position with tight stop.

A/U is still on track to retesting the highs... those bollinger bands are expanding quite nicely!

Just find a good place to sell it Flow!

Hi guys,
Looks nice for me to go short now on the EUR/NZD,
Peace.

I forgot to mention that the H4 Stochs are in the overbought reversal zone... caution as I always "try" to expect the unexpected!!

It was a very nice trade... +145 till now

Possibly where it says retest utl failed?

Seriously though theres plenty of places to sell that pair, make sure your reading this thread from page 1 and writing everything important down.

Marc, saxon and others have dropped some gems but you have to find them!

Some nice Sam Seiden Webinars everyone
(Link http://www.forexfactory.com/showpost...71&postcount=1)




The purpose of this thread is to help traders understand supply and demand zones.

We can trade at the zones or between the zones. The important thing is to be aware of the zones and then take advantage of that awareness with the techniques which suit your trading personality best.

Sam Seiden provides what I feel is some of the best educational material available which teaches the identification of supply and demand zones. He also teaches specific techniques which involve trading at the zones. However there are many ways to skin a cat and trading between the zones is another approach.

Supply and Demand
As with any other market in the world (cars, houses, potatoes, iPhones, stocks, etc). FX markets move according to supply and demand. As such, previous supply and demand levels can often provide us with some high probability trading opportunities.

Most who aspire to become successful traders keep searching for fancy software, complex systems and a confusing array of indicators. Retail traders don't move markets, but the large banks and institutions do. Software and all sorts of hocus pocus will not tell the retail trader where the smartest traders in the world with the largest accounts (who are inside banks and institutions) and going to buy or sell. Simple price action and supply and demand zones and price action on charts reveals everything you need to know.

FF traders Sho & Red first introduced me to supply and demand and I am grateful for that. They both pointed me to Sam Seiden and I have learned a lot from him, so alot of his publicly available resources are collated in this thread.

This thread will look at specific opportunities to take advantage of supply and demand zones and I encourage polite, good natured and constructive input from those who appreciate the merit of trading using supply and demand zones. No one person decides how others should trade, so respect all approaches.

You need 10 vouches to post in the thread, unless you're on my Buddy List, in which case you'll automatically bypass the vouch hurdle. This is the only way that I can maintain some degree of quality control and maintain a thread which contains good insightful information (and less rubbish). Those who are unable to post, can still study the material.

I'll kick the show off with 6 minute video of Sam Seiden teaching supply and demand. The full 51 minute video is here.



Below is a 4 minute video of Sam Seiden demonstrating the use of Bollinger Bands
with supply and demand zones. The full 45 minute video is available here which
I encourage anyone to watch. It's often a lot easier to learn from videos than from
static text and charts. What's more, Sam Seiden is excellent at getting his point
across, clearly and concisely.




More Resources

1. Supply and Demand Explained

1. 23 Sam Seiden webinars

1. 10 short Sam Seiden articles

1. 3 Odds Enhancers

1. 3 More Odds Enhancers

1. Supply & Demand Trade Cheat Sheet

1. Probability Enhancers - courtesy of kiwi_trader

1. Zone Attack by Trade Price aka Sho - how to trade between supply and demand zones

1. Learn a lot more about Zone Attack

I will continue to add new resources to this first post so that you don't have to search the whole thread for key resources.

I hope you enjoy the thread and get something out of it.

Rob

Great add
Thank you eriket

USD/CHF and EUR/GBP are still running as designed
+180 and +215
Cheers