Supply and Demand trading with Fibs

as you can see from chart above this is the real deal, area marked for sell hour or more before price got that and below you see alot of traders taking some excellent set of pips on that ride down, my worst drawdown today was -4.1pips lol easy

http://img231.imageshack.us/img231/2236/trade.gif

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http://img835.imageshack.us/img835/3055/chart15.jpg

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this live webinar session is still in action come join us

http://anymeeting.com/deankenny1

First time in the room and I just wanted to say how nice it was in there.
Dean, your a really nice person and you treated everyone in the room as you probably like to be treated, with respect and dignity.
It was a no pressure learning zone with no smack talking egomaniacs.

Now, onto the trades.
Sorry Dean, I'm not real good about posting results in the room cause I'm so busy trying to listen, watch and learn while still checking the news and baby sitting a few open positions.
Anyway.
EUR/USD +68 on a short that was a bit outside of Dean's parameters. (Spidey Sense, News & S&D)
EUR/USD +65 and on a long totally within the S&D rules
EUR/USD +45 on a using Dean's parameters.

The S&D principles work but it will take me a lot of sessions in the trading room to be spot on with regards to finding those little bastards as fast as Dean does.
It was an absolute pleasure Dean and I'm looking forward to furthering my S&D education tomorrow, and every morning for the foreseeable future.

Now, the question to myself is..
How the hell did I ever live without Fibonacci?

Thanks again!

For those of you just starting out.
Watch the three S&D videos from
Sam Seiden
when he or Dean mentions Odds Enhancers, refer back to this and print it out.
S&D Odds Enhancers Forex Factory

some nice input in a quiet evening session

WinAtTrading (Somesh) from London: btw made over £1000 today, best day ever. Just need to make sure its not followed by worst day ever. Not all the demand supply strategy, but been doing bollinger bands, pivot levels, and trends. Looking forward to making supply demand work, once i get my head around it, thanks to dean and everyone else for starting me on the road.

NO. Look how wonderful this works ppl!!!

You are now +170pips in profit!

Any question???

Just setting up charts now for the Asian setting, spotting some oppertunities, come join us

http://anymeeting.com/deankenny1

Ah man, life is in the way.
Gotta pick up the kiddos, make dinner, then sleep to be ready for a 1:45am wake up just in time for London.
Mouth watering

Dean Guile has invited you to the following webinar:
Supply and Demand Trading With Dean, Tuesday Session
Tuesday, September 27, 2011
11:00 AM - 7:00 PM Amsterdam, Berlin, Bern, Rome, Stockholm, Vienna Add to Calendar

Click here to join the webinar | Invite others to this webinar!
Personal message from Dean Guile:
HI, another excellent day in the room, pips flying all over the place, we will start choking on pips if we keep getting too many soon.

Anyway tomorrows session for Tuesday is now officially booked and scheduled for 11am UK Time.

Same as today, questions and answers on the technique and picking out areas of supply and demand, and will look for plenty more setups again, looks like pips a plenty again.

Hope to see you all there.
regards
your trader
Dean

Just a friendly reminder to everyone that todays webinar begins in 27 mins

come join us

http://anymeeting.com/deankenny1

Hello Dean and all members,

My first chart for today

Good Morning to all,
Be careful trading the EUR today. Meeting beiing held as right now.
Papandreou, Merkel Meet For Eurozone Crisis Talks.
Along with the ECB and German official chatter.
There is also a Greek Parliament vote on Austerity measures today.

Chatter so far can be found here.
http://talking-forex.com/live?code=dBQ869WseBTwk3cHwUz9

P.S. Then there's this bit of USD/JPY Christmas Cheer. If what I've been reading/hearing outside of the official BS is true, we could be looking at a PEG around or over the 100.00 range.
Close your shorts for the next few days.
http://www.forexfactory.com/report.php?p=4990786

AND, something else to keep in mind that I'm just beginning to understand and that goes hand in hand with S&D.

Intraday options that are due to expire today at 1500BST (10am NY cut)

FX COMMENTARY

EUR/USD – 1.3475, 1.3500 and 1.3545
USD/JPY – 76.40/50
GBP/USD – 1.5500
AUD/USD – 0.9850
Source: IFR
Tue, 02:40 27-09-2011


The ideal conditions for this method are:

 

1. Option expiry is at 10 am EST.
2. Option size is greater than 500 million USD.
3. The quote is at the strike price before the news release at 8:30 am EST
4. The news release is not a major event, such as a Fed decision.

But even without the realization of these conditions sizable profits can be made with this method in a calm and unexcited market. But these overall conditions, along with the significance of the news release, are the main determinants of the market’s mood which will in turn influence our stop-loss and the profit potential.
What happens during an option expiry?
If the price quote is close to the strike price of the option, option traders and other market participants will attempt to steer the quote in direction they desire.
A strong sign that the option traders will defend their position is the early gravitation of the price quote to the strike price. In an example scenario, if there’s a European EUR/USD vanilla put or call option with a strike at 1.2540, and the quote is at 1.2570 at 7:30 am, the quote will be steered to sit on the option strike value at about the news release at 8:30 am. After that, as the price reacts to the news, the quote may move away from the strike price in an unwanted. To successfully profit from this pattern the trader would need to join the option traders as they try to move the quote back to the strike value, and since a lot of people play this game the odds of success are quiet high.


http://www.forextraders.com/forex-st...x-trading.html

Some nice exciting h1 supply zones coming into play as i speak

keep it up, excellent zones, as we progress im now getting into what makes a zone more strong with the rally base drop over rally base rally scenario

This will be key and vital information.

Dean Guile has invited you to the following webinar:
Supply and Demand Trading with Dean, Wednesday Session
Wednesday, September 28, 2011
11:00 AM - 7:00 PM Amsterdam, Berlin, Bern, Rome, Stockholm, Vienna Add to Calendar

Click here to join the webinar | Invite others to this webinar!
Personal message from Dean Guile:
Due to popular demand, the live trading is going to continue again.
Another session has been booked for tomorrow morning 11am UK time

Tuesday session was a veru quiet one, managed only 3 trades personally, other traders caught a couple.
But all in all a quiet day, most important thing is we didnt lose anything

Anyway, lets hope for more action tomorrow.
see you all there
your trader
Dean

WOW, just been playing with FIB fans confluencing with FIB retrace and SUPPLY OR DEMAND and come across some even more pleasant trading.

Someone mentioned the fan today in the room, the 61.8 seems to work nearly 90% of the time from backtesting on 5min, mix that in with a supply or demand area and a retrace and this could get even more interesting.

I will explain and show at start of tomorrows session, see you all there.

Thanks mate catch you tonight

"WOW, just been playing with FIB fans confluencing with FIB retrace and SUPPLY OR DEMAND and come across some even more pleasant trading.

Someone mentioned the fan today in the room, the 61.8 seems to work nearly 90% of the time from backtesting on 5min, mix that in with a supply or demand area and a retrace and this could get even more interesting.

I will explain and show at start of tomorrows session, see you all there."

Heres a trade i literally just took, and used the 61.8 fib to buy from rather than trying to measure out in the zone.

I took it for 6.2 pips on 1/3 of my lots
2/3 of my lots is left in with SL at BE

THANK YOU!!!!! to whoever mentioned the FIB FAN in the room today, could be onto something here, join the room tomorrow to see this work

http://img694.imageshack.us/img694/3230/chart4y.jpg

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nice short from supply and overlapping 61.8 momentumline.. took 60 pip till tomorrow traders.