Extracted Thread (per thread starter's request)

http://www.forexfactory.com/attachme...1&d=1313845070

Sorry for the confusion, in the above chart those are supply zones not demand Zones, thanks, Rocky.

Not only will I tell you what my trading rules are, I'll actually back it up and show you my Entry, SL, TP before my trades are even fill.

Hi rocky Im a trader in New Zealand and subscribed to your thread. Looks great been trying to get my head around this for a while. Thanks for the clear explanations. looking forward to learning from you
Thanks again.

Hey Shogeki, you're welcome, Rocky.

Thanks for you replies Rocky,

I'm looking forward to your insights on picking and trading the demand/supply zones.

Are the following MT4 fib constants correct?

Setting Label
0.382.... 38
1.618... 161.8
1.987... 987
3.0597.. 1597

All the best
Michael

Hi Rocky,

Would you agree with the Demand/Supply zones I've marked on the attached chart?

Thanks,
Michael

Subscribed.

This makes so much sense.

When there are large discrepancies amongst supply and demand price takes off in one direction. If it takes off to the upside, there was more demand than supply and it is safe to assume that there are more people wishing to buy at that price. If it takes off to the downside, there was more supply than demand and it is safe to assume that there are more people wishing to sell at that price.

Look for places in recent history that price has taken off in one direction or another. Mark the area before that as a zone. Wait for price to retrace to that zone. When price does retrace assume that there are still individuals who wish to buy or sell at that price. Enter. Take profit at the next zone. Place your stop loss behind the current zone.

Have I got it correct?

Hi rocky,

Thanks for the fib settings! am learning alot here

James

Hello everyone, sorry, no charts to show you right now. But what I'd like to do Is show everyone, especially the newbies, a daily method I use almost everyday to make consistant cashflow doing exactly what I have taught you with a little twist.

Right now though I'm taking my 11 year old to a birthday party (Yes, on a Sunday) and then headed to Planet Fitness.

It will take me some time to set up charts to show you this cash-flow tech so please be patient and I'll show you in about 5 hrs, thanks, Rocky.

TYVM! I suscribe it.

But you also frighten me when you say with tdi i will fail.

I use the trading made simple strategy in my trading plan so do you believe i will fail?

Here is how I trade lower time frame charts with high probability by using higher time frame supply/demand zones. First look at the 1 hr eur/usd chart. Notice my demand zone. Then study the eur/usd 15 min chart. By the way this was one of my live trades I took in my Forex Future Account.
http://www.forexfactory.com/attachme...1&d=1313755767

Hi Forethan, I don't believe in any lagging indicator for an entry to get you into a trade. I trade the way Institutions trade. I've been doing it for many years now. I like buying at wholesale and unloading at retail and vice versa. Lagging indicators get you in late therefore reducing your probability to make a profitable trade.

What I don't like to see is newbies having hope in a system where everyone is claiming that they are making money, even the starter of the thread, but they never show there trades. why you might ask, I think you can answer that. It's easy to show a trade after the fact, "Cherry Picking"

But ask to have the so-called 'Heavy Hitters' in your thread to start posting each and everyone of their trades right when they make it. If they can't do that and you plan on making a living trading then you need to make a decision...

Good Luck, Rocky

Hi Rocky,
On your EURUSD chart, will you trade the same area again if price comes back down to it?
Wooli

Here you go guys ...
this will help...for those New to SEIDENs work

http://www.fxstreet.com/search/contributors/authors/author.aspx?id=5766b88a-1a31-4102-8221-e9bf77216d2f


all the best

baz

Wooli, welcome back, On a larger time frame I would'nt use the same Demand zone on eur/usd. The only time I would trade any Demand/Supply zones mutiple times would be on my 15 min High Probability Trades, and when I say multiple times I mean 2, maybe 3, that's it.... Always seek fresh new zones in other major pairs according to Sam Seidens Rules.

Thanks Baz for plugging in Seidens Info, this will help new Traders, I know you have been around a while and I thank you for your contribution.