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Fishing the Banks

  • #1
  • First Post: Edited 8:53am Nov 10, 2011 5:51am | Edited 8:53am
Hey traders

I am a trader from aussie . Trades using Supply and Demand .Looking for more trading companions who are killing the markets . I am trading for 4 years now . I trade both Scalping and long terms . You can see me how i trade . I completely watch Price Actions . I mark the zones and wait for the price to enter and then look for reactions .

There is no holy grail in this world . Everything Here has some concepts . Watch for Pin bars , insidebar ,doji, engulfing etc before you trade .

Happy pips
Institutional traders are nothing but eating retailers
  • #2
  • Nov 10, 2011 6:02am Nov 10, 2011 6:02am
Hi Sim,

Good to see some fellow Aussies around.

I hope those hooks are catching some fish for ya'

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #3
  • Nov 10, 2011 6:14am Nov 10, 2011 6:14am
Scalping here

mental stops above the box
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Institutional traders are nothing but eating retailers
  • #4
  • Nov 10, 2011 6:21am Nov 10, 2011 6:21am
Quoting Sim Patrick
Scalping here

mental stops above the box

Closed most .
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Institutional traders are nothing but eating retailers
  • #5
  • Nov 10, 2011 6:25am Nov 10, 2011 6:25am
yeah post ur charts too buddy . Lets work as a team




Quoting DarkWolF
Hi Sim,

Good to see some fellow Aussies around.

I hope those hooks are catching some fish for ya'

Cheers.
Institutional traders are nothing but eating retailers
  • #6
  • Nov 10, 2011 6:34am Nov 10, 2011 6:34am
shorted
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Institutional traders are nothing but eating retailers
  • #7
  • Nov 10, 2011 6:35am Nov 10, 2011 6:35am
Quoting Sim Patrick
shorted
closed most
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Institutional traders are nothing but eating retailers
  • #8
  • Nov 10, 2011 7:04am Nov 10, 2011 7:04am
Shorted
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Institutional traders are nothing but eating retailers
  • #9
  • Nov 10, 2011 7:06am Nov 10, 2011 7:06am
Great stuff.

Clean chart, to me this is one of the most reliable styles, I only have trouble being caught by spikes and noise due to overleveraging.
Why, because with a very small balance you are having trouble trying to see some money at all.

What is your usual tolerance = (dont wanna call it SL)? what about these a quick 30pip moves that massacre small traders?

Thx in advance and greetings to down under
  • #10
  • Nov 10, 2011 7:16am Nov 10, 2011 7:16am
watch for reactions on these areas
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Institutional traders are nothing but eating retailers
  • #11
  • Nov 10, 2011 7:26am Nov 10, 2011 7:26am
Quoting Sim Patrick
watch for reactions on these areas
buyers exceeded sellers on gbpusd
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Institutional traders are nothing but eating retailers
  • #12
  • Edited 8:06am Nov 10, 2011 7:31am | Edited 8:06am
Hey Sim, fellow Aussie Dude here too. I think my Demand levels are pretty much the same as yours. Got the supply a bit lower though myself. Not the greatest market for S/R right now though from an intraday perspective.
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Time hides Nothing
  • #13
  • Nov 10, 2011 7:39am Nov 10, 2011 7:39am
Quoting Sim Patrick
Closed most .

Closed the remaining few here
Attached Image (click to enlarge)
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Institutional traders are nothing but eating retailers
  • #14
  • Nov 10, 2011 8:02am Nov 10, 2011 8:02am
Quoting CindyXXXX
Hey Sim, fellow Aussie Dude here too. I think my Demand levels are pretty much the same as yours. Got the supply a bit lower though myself. Not the greatest market for S/R right now though from an intraday perspective.
Welcome buddy . Post as more charts as u can . There is always market for supply and demand . The name itself speaks .Try to catch more enteries as you can

shorted chfjpy
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Institutional traders are nothing but eating retailers
  • #15
  • Nov 10, 2011 8:06am Nov 10, 2011 8:06am
Longed ucad on 15 min
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Institutional traders are nothing but eating retailers
  • #16
  • Edited 8:30am Nov 10, 2011 8:07am | Edited 8:30am
Quoting Sim Patrick
Welcome buddy . Post as more charts as u can . There is always market for supply and demand . The name itself speaks .Try to catch more enteries as you can

shorted chfjpy
thanks, just trying to work out how to post a CLEAR chart like yours. I think I've had about 15 attempts now with the one above. Done trading for today anyway but might drop in to show my zones. As for the chart... pfft I give up.

Right click >>> Save as Picture >>> Active Chart ?? (not sure what dimensions to use). Should really know this by now lol.

Oh well that'll have to do... And my good mate the Aussie:
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Time hides Nothing
  • #17
  • Nov 10, 2011 8:57am Nov 10, 2011 8:57am
Quoting CindyXXXX
lol thanks man, just trying to work out how to post a CLEAR chart like yours. I think I've had about 15 attempts now with the one above. Done trading for today anyway but might drop in to show my zones. As for the chart... pfft I give up.

I am yet to close my day its already 2AM
Institutional traders are nothing but eating retailers
  • #18
  • Nov 10, 2011 8:58am Nov 10, 2011 8:58am
Quoting Sim Patrick
Longed ucad on 15 min
Closed most . Running few
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Institutional traders are nothing but eating retailers
  • #19
  • Nov 10, 2011 9:00am Nov 10, 2011 9:00am
Quoting Sim Patrick
Welcome buddy . Post as more charts as u can . There is always market for supply and demand . The name itself speaks .Try to catch more enteries as you can

shorted chfjpy
Closed most . Running last few . Later guys .
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Institutional traders are nothing but eating retailers
  • #20
  • Nov 10, 2011 2:30pm Nov 10, 2011 2:30pm
Some nice live entries.

I don't trade pure S+D but the areas always feature in my trading. Do you have a set criteria for the "reaction" you look for? i.e a set number of pips for it to bounce away before you pounce?
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