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  • #161
  • Apr 6, 2011 10:03am Apr 6, 2011 10:03am
Quoting mattrader
Might be a bit late.
My EURJPY update. Move stoploss to 121.00.
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  • #162
  • Edited 6:33am Apr 9, 2011 6:23am | Edited 6:33am
Happy weekends guys.More room to go up for eu and gu.wait for retest at demand zone.
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Click to Enlarge Name: eu311.png Size: 43 KB
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  • #163
  • Apr 9, 2011 6:38am Apr 9, 2011 6:38am
very nice thread, why i dont came here earlier, keep up the good work
  • #164
  • Apr 9, 2011 6:46am Apr 9, 2011 6:46am
Quoting drapichrust
very nice thread, why i dont came here earlier, keep up the good work
HI.i will update slowly.maybe next week ill share about trading profesional gap.come often.
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  • #165
  • Apr 9, 2011 6:58am Apr 9, 2011 6:58am
My ideas...
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  • #166
  • Apr 9, 2011 7:56am Apr 9, 2011 7:56am
Quoting budak baru
Happy weekends guys.More room to go up for eu and gu.wait for retest at demand zone.
Good afternoon B

I look at your chart, nice setup bro, again I did use your chart just some major TLs that I see and some entries that can be taken from edges for long (4 long entries at edges * 10 pips SL for each) that if all of them do not work or just have this view beside yours.
the short chance I see at your HTL ...... see the attached image

---------
Thanks a lot Raza, I will give it a serious try next week and I will contact you regard it
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  • #167
  • Edited 8:43am Apr 9, 2011 8:42am | Edited 8:43am
Quoting maanawi
Good afternoon B

I look at your chart, nice setup bro, again I did use your chart just some major TLs that I see and some entries that can be taken from edges for long (4 long entries at edges * 10 pips SL for each) that if all of them do not work or just have this view beside yours.
the short chance I see at your HTL ...... see the attached image

---------
Thanks a lot Raza, I will give it a serious try next week and I will contact you regard it
hello M.4281 RESISTANCE break so now acting SUPPORT.so next RESISTANCE IS 4579n i dont think it will break before testing back 4281 SUPPORT.so in my view retracement is imminent to test back 4281 SUPPORT.Thanks M.good luck.
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  • #168
  • Edited 11:52am Apr 10, 2011 11:19am | Edited 11:52am
Quoting budak baru
In...
So in short, your method, and perhaps the supply/demand method in general cen be summarised in this way: Enter after confirmed rejection of horizontal supply/demand level.

So the job for supply/demand trader then is to identify the key elements of what that level means and what "confirmed rejection" means. Once that is done its smooth sailing.

Would you agree about that?



I am asking because i think there can be some real learning done here. My method these days pretty much consists of trying to identify places where price is rejected at moving levels using averages. Im trying to do something very simple, to ascertain that price probably moves a bit more in a certain direction.
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  • #169
  • Apr 10, 2011 11:32am Apr 10, 2011 11:32am
Quoting budak baru
hello M.4281 RESISTANCE break so now acting SUPPORT.so next RESISTANCE IS 4579n i dont think it will break before testing back 4281 SUPPORT.so in my view retracement is imminent to test back 4281 SUPPORT.Thanks M.good luck.
I don't know budak, i mean you saw my charts and how i view the current situation, it will definitely be interessting to see if it holds or not, personally the deep penetration of the weekly zone and the failure of rejection so far looks more promising for bulls than it does for the bears.

I will be long again this week
  • #170
  • Apr 10, 2011 5:53pm Apr 10, 2011 5:53pm
Quoting yaed
So in short, your method, and perhaps the supply/demand method in general cen be summarised in this way: Enter after confirmed rejection of horizontal supply/demand level.

So the job for supply/demand trader then is to identify the key elements of what that level means and what "confirmed rejection" means. Once that is done its smooth sailing.

Would you agree about that?



I am asking because i think there can be some real learning done here. My method these days pretty much consists of trying to identify places where price is rejected at moving...
Hi.firstly i would search for obvious demand and supply(swing hi and swing low in h4 chart).Then i search for cluster/equilbrium or support become resistance and resistance become support for entry or target..I also use candlestick pattern for entry and i use h4 timeframe here.yes moving average also is good for support and resistance.This is example of swing hi/lo support and resistance and possible rbs.
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  • #171
  • Apr 11, 2011 1:09am Apr 11, 2011 1:09am
Quoting budak baru
Hi.firstly i would search for obvious demand and supply(swing hi and swing low in h4 chart).Then i search for cluster/equilbrium or support become resistance and resistance become support for entry or target..I also use candlestick pattern for entry and i use h4 timeframe here.yes moving average also is good for support and resistance.This is example of swing hi/lo support and resistance and possible rbs.
So is this how you mean?



Also if you havent already you might learn something from reading this thread.

http://www.forexfactory.com/showthread.php?t=193795

But let me give you a recent example and see if this is something you could take seriously in consideration to go long at. It is possible you could recognize a sloping area where demand for longs far exceeds demand for shorts.
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  • #172
  • Apr 11, 2011 3:28am Apr 11, 2011 3:28am
hello yaed.some eurusd example.price cant rally without engulfing pattern.any pair any tf.if u can see price bounce at demand cluster.And i will look at the thread.tq
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  • #173
  • Apr 11, 2011 3:33am Apr 11, 2011 3:33am
live trade....
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  • #174
  • Apr 11, 2011 3:36am Apr 11, 2011 3:36am
could be bull flag or bounce at demand area.trend still bullish.untested resistance 4579.
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  • #175
  • Apr 11, 2011 6:50am Apr 11, 2011 6:50am
Quoting budak baru
could be bull flag or bounce at demand area.trend still bullish.untested resistance 4579.
sold
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  • #176
  • Apr 11, 2011 9:43pm Apr 11, 2011 9:43pm
Good morning traders.Gu approaching demand zone.so will wait for h4 candlestick for entry...
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  • #177
  • Apr 12, 2011 4:34am Apr 12, 2011 4:34am
So how about shorting E/U if its rejected a bit from where its at now?

Shorting E/U and going long on G/U doesnt seem too smart though, so its one or the other
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  • #178
  • Apr 12, 2011 6:59am Apr 12, 2011 6:59am
Quoting yaed
So how about shorting E/U if its rejected a bit from where its at now?

Shorting E/U and going long on G/U doesnt seem too smart though, so its one or the other
both bank in 100 pips for gu and eu yesterday n u knew what yesterday result right?.this is current live trading.post here your live trade n we discuss.as i said yesterday bull flag rally to compression to demand zone.thats why im selling yesterday.but today eu rejected at demand zone.so compression completed.
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  • #179
  • Apr 12, 2011 7:03am Apr 12, 2011 7:03am
gu rejected at demand zone.so looking for low risk buy.good luck
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  • #180
  • Edited 8:05am Apr 12, 2011 7:51am | Edited 8:05am
Quoting budak baru
post here your live trade n we discuss.
Before noon today, my comments in picture. MA 21 (exponential, close) is the thick black one. Gray thick one is period 23, simple, close. Thin one is MA 9 exponential, close.
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