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Romancing the Price

  • #381
  • Jul 4, 2011 12:12am Jul 4, 2011 12:12am
Quoting KennyZ
here is my take on sp500 index..

please keep in mind, my supply and demand zones marking and thinking may differ from conventional ones..
Nice chart and analysis Kenny! Thanks.

Here are some more of my thoughts, stepping back a bit looking at the old 2008 supply level I see. I scaled out of some long stocks and ETFs on Friday, but remain mostly long and cash in my longer term trading account. I'm not too interested in shorting at these levels... Mostly cashing out of some longs.
Attached Image (click to enlarge)
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  • #382
  • Jul 4, 2011 3:03am Jul 4, 2011 3:03am
GU at supply zone confluence with 61.8 fib level and RSI also showing divergence establishing + emene engulfing level.
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  • #383
  • Jul 4, 2011 10:05pm Jul 4, 2011 10:05pm
Have taken these two trades . Perfect setups as u guys say ..
If this does not work , you guys have to tell me why this did not work


Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au.gif Size: 12 KB
Click to Enlarge Name: ucad.gif Size: 11 KB
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #384
  • Jul 4, 2011 11:33pm Jul 4, 2011 11:33pm
AU got failed ..UCAD is running ..


Please tell me what made failed ?What wrong did i did ?



Quoting mangalesh
Have taken these two trades . Perfect setups as u guys say ..
If this does not work , you guys have to tell me why this did not work


Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: au failed.gif Size: 11 KB
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #385
  • Jul 4, 2011 11:40pm Jul 4, 2011 11:40pm
Quoting mangalesh
AU got failed ..UCAD is running ..


Please tell me what made failed ?What wrong did i did ?
Look further to the left
  • #386
  • Jul 4, 2011 11:42pm Jul 4, 2011 11:42pm
well when i took entry chart was not like this ..So what u say now



Quoting biDc
Look further to the left
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 13 KB
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #387
  • Jul 5, 2011 5:04am Jul 5, 2011 5:04am
Starting the week with crude..
Attached Image
  • #388
  • Jul 5, 2011 5:12am Jul 5, 2011 5:12am
Quoting Pip26
Starting the week with crude..
SL hit

Any tip Orbital???? or other experience traders?
  • #389
  • Jul 5, 2011 5:40am Jul 5, 2011 5:40am
Quoting mangalesh
Have taken these two trades . Perfect setups as u guys say ..
If this does not work , you guys have to tell me why this did not work


Thanks
Mate you cant win every trade ........ noone can. Your second a/u trade was taken out because of the news. Your first entry i will not comment cuz i cant understand why you took it. And the upward momentum was/is way stronger than the downward
  • #390
  • Jul 5, 2011 5:43am Jul 5, 2011 5:43am
Quoting Pip26
SL hit
There are spikes up. You should be carefull and your stop wasnt placed right it should have been above the highs .. above 96.


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  • #391
  • Jul 5, 2011 5:46am Jul 5, 2011 5:46am
well ucad i took because of engulfing , u can see a pin candle and a big red candle in 3rd from backside . So it does mean short .

i dont want to win all trades . Just wanna know the reasons which i lost


Thanks


Quoting atton
Mate you cant win every trade ........ noone can. Your second a/u trade was taken out because of the news. Your first entry i will not comment cuz i cant understand why you took it. And the upward momentum was/is way stronger than the downward
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #392
  • Jul 5, 2011 5:47am Jul 5, 2011 5:47am
Quoting mangalesh
well ucad i took because of engulfing , u can see a pin candle and a big red candle in 3rd from backside . So it does mean short .

i dont want to win all trades . Just wanna know the reasons which i lost


Thanks
I mean your first a/u trade at the retard level lol. Your u/c trade is good. It seems when you see a pin or an engulfment candle you take a trade which is wrong. You must wait for the right level
  • #393
  • Jul 5, 2011 5:52am Jul 5, 2011 5:52am
ok..I dont take all levels i see and take only s/d levels and i see engulfing on that



Quoting atton
I mean your first a/u trade at the retard level lol. Your u/c trade is good. It seems when you see a pin or an engulfment candle you take a trade which is wrong. You must wait for the right level
Trading is all about probability, low risk/high reward ,buy low/sell high
  • #394
  • Jul 5, 2011 4:34pm Jul 5, 2011 4:34pm
Hi Guys,

I've been lurking here a bit and just wanted to say hi. I've been trading Supply and Demand for a few months now (studied the Sam Seiden videos and also some info from No Brainer Trades). It's going really well and finally the market feels somewhat logical!

Thanks for all you sharing.

Cheers
  • #395
  • Jul 6, 2011 7:45am Jul 6, 2011 7:45am
One of the best article in short to understand correlation between other currencies, what red teaches.
  • #396
  • Jul 6, 2011 10:51pm Jul 6, 2011 10:51pm
hi there traders, how about GU?
here I found a demand zone for GU at H4 TF.

will the price go higher?

http://uploadpic.org/storage/2011/th...Tx3nNkxjty.jpg

any correction please if I do wrong identification the SnD areas.
thank you
TRADING IS SIMPLE BUT NOT EAZY
  • #397
  • Jul 7, 2011 9:00am Jul 7, 2011 9:00am
Here are a couple of videos wmd just made.

http://wmd4x.tumblr.com/post/7210610...ow-price-moves

Here's the second one it's even better

Inserted Video
  • #398
  • Jul 12, 2011 2:02pm Jul 12, 2011 2:02pm
Great thread you have here Kenny, as usual I've arrived quite late :|.

Attached are some trades I just took off the daily chart. Constructive criticism very welcome
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  • #399
  • Jul 17, 2011 3:09am Jul 17, 2011 3:09am
Is supply and demand similar to price orderflow?
What is any ocean but a multitude of drops?
  • #400
  • Jul 17, 2011 4:00am Jul 17, 2011 4:00am
Order flow is a generic term to explain the movement of any market at the micro scale. There isn't one single method that can be said to be order flow trading. This method however is closer to it than most as we are following previous turning points in price and looking for clues that it will turn there once again. Also banks often have big orders to fill and may not have been able to fill all their stack of orders at that price the first time around, so when price revisits that area, more are off-loaded. This could be said to be following the flow of orders.
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