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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #16,281
  • Dec 26, 2011 12:57pm Dec 26, 2011 12:57pm
Quoting PipKiller
240 daily and weekly pprovide nice supply and demand zones that work very well with other systems.

Take a look at that nice demand zone where she stopped in her tracks this time down. Looks like she hit a brick wall. Last weeks candle was a doji too.

Attachment
PK, I assume you take your demand zones from the high and low of previous consolidation?

Does my lower demand zone look about right?

..
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  • #16,282
  • Dec 26, 2011 12:59pm Dec 26, 2011 12:59pm
Quoting FXMindset
Try make $1 each day on a million trades than to make $1 million on one trade and It is amazing how quickly your trading account will build up over time
just by making a little bit every day
This is excellent strategy, I agree, same thing also advised by PK few days ago ... so I am doing good with my micro lots
  • #16,283
  • Dec 26, 2011 1:05pm Dec 26, 2011 1:05pm
Quoting rekon67
This is excellent strategy, I agree, same thing also advised by PK few days ago ... so I am doing good with my micro lots
bouncing on 100 EMA...possible up
  • #16,284
  • Dec 26, 2011 1:12pm Dec 26, 2011 1:12pm
Quoting rekon67
This is excellent strategy, I agree, same thing also advised by PK few days ago ... so I am doing good with my micro lots
Keep it up, remember, too many kids focus on the money side of this business, the money will follow automatically once you conquer all the other challenges in your way. This is all about money here but to make money you have to learn not to care about it at first.
  • #16,285
  • Dec 26, 2011 1:18pm Dec 26, 2011 1:18pm
Quoting GoldMan.
Keep it up, remember, too many kids focus on the money side of this business, the money will follow automatically once you conquer all the other challenges in your way. This is all about money here but to make money you have to learn not to care about it at first.
The Wisdom of Uncle Goldman
Keep sharing and Posting bro,I'm believe you have a lot experience in this business,maybe can start some story how it begin until it fruiting in here to us?
If there was easy money lying around,no one would be forcing it into your
  • #16,286
  • Dec 26, 2011 1:24pm Dec 26, 2011 1:24pm
Quoting GoldMan.
Keep it up, remember, too many kids focus on the money side of this business, the money will follow automatically once you conquer all the other challenges in your way. This is all about money here but to make money you have to learn not to care about it at first.
Excellent Sir! I believe this advice is very important to remember in the journey of everyday life, to have the dream fulfilled this self-fostering is the key.
  • #16,287
  • Dec 26, 2011 1:39pm Dec 26, 2011 1:39pm
..very simple...Guppy upper tail and lower tail is coming to an intersection point...may be a sale position is going to open up..but that will confirm if the pivot is broken or else 100, 200, 240 EMA broken ... look out for candle formation below these lines and go for hassle free sell
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  • #16,288
  • Dec 26, 2011 1:41pm Dec 26, 2011 1:41pm
Quoting rekon67
bouncing on 100 EMA...possible up
Just keep in mind that price doesn't move towards it's own average... an average of price moves towards price. Otherwise it wouldn't be an average
  • #16,289
  • Dec 26, 2011 1:44pm Dec 26, 2011 1:44pm
Quoting Tyoon
PK, I assume you take your demand zones from the high and low of previous consolidation?

Does my lower demand zone look about right?

..
Our daily charts are pretty close. I look for the freshest areas of consolidation that havn't been touched or barely touched but not violated and passed through. I have not re drawn anything from my daily chart earlier I just changed to bars and crammed it together. I've had several of these zones drawn for a while now.

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Watch Sam Seidens webinars on FXstreet. That's pretty much exactly what I do and how I was taught at the Onine Trading Academy, but I include the lower wicks on supply zones and the upper wicks on demand zones. As supply and demand zones become more popular I was missing a lot of good entries by a couple pips so I started frontrunning price with the wicks. Now I wait until momentum changes before entry instead of catching a knife or standing in front of the bus.

Here's a good webinar on supply and demand.
I don't care which way the market is going as long as it's going my way
  • #16,290
  • Dec 26, 2011 1:48pm Dec 26, 2011 1:48pm
Quoting MitchWorse
Just keep in mind that price doesn't move towards it's own average... an average of price moves towards price. Otherwise it wouldn't be an average
Trading on moving avg is always 99% guess work .. confirmed by the RSI and go with the possible direction ... but if u follow the above pic ..it is beauty to see how PA bounce on Moving Avg
  • #16,291
  • Dec 26, 2011 1:58pm Dec 26, 2011 1:58pm
Quoting GoldMan.
Keep it up, remember, too many kids focus on the money side of this business, the money will follow automatically once you conquer all the other challenges in your way. This is all about money here but to make money you have to learn not to care about it at first.
Well said
I don't care which way the market is going as long as it's going my way
  • #16,292
  • Dec 26, 2011 2:05pm Dec 26, 2011 2:05pm
Quoting rekon67
This is excellent strategy, I agree, same thing also advised by PK few days ago ... so I am doing good with my micro lots
Those pennys and dimes add up and it's sure a lot of fun to just kill pips without stress.
I don't care which way the market is going as long as it's going my way
  • #16,293
  • Dec 26, 2011 2:24pm Dec 26, 2011 2:24pm
Quoting PipKiller
Here's a good webinar on supply and demand.
Cheers PK. Watching it now.

I have been doing something I have not done for a while. Wiping my charts clean and reviewing it all from a fresh perspective.

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  • #16,294
  • Dec 26, 2011 2:28pm Dec 26, 2011 2:28pm
Quoting Tyoon
PK, I assume you take your demand zones from the high and low of previous consolidation?

Does my lower demand zone look about right?

..
As PK suggests, watch Sam Seiden's videos. You will get a very good unserstanding about S/D. From them you will see that the areas you picked are too wide and not really Demand zones.
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Mark ... Everything you have been told is a LIE
  • #16,295
  • Dec 26, 2011 2:34pm Dec 26, 2011 2:34pm
Quoting Tyoon
Cheers PK. Watching it now.

I have been doing something I have not done for a while. Wiping my charts clean and reviewing it all from a fresh perspective.

..
i am getting a file not found/access denied error. are you able to get through?
Any prices quoted are futures
  • #16,296
  • Dec 26, 2011 2:36pm Dec 26, 2011 2:36pm
Quoting spzd
As PK suggests, watch Sam Seiden's videos. You will get a very good unserstanding about S/D. From them you will see that the areas you picked are too wide and not really Demand zones.
Ah, cheers SP.

Quoting redteamgo
i am getting a file not found/access denied error. are you able to get through?
I got that, just keep refreshing the page mate. Should eventually work.
  • #16,297
  • Dec 26, 2011 2:37pm Dec 26, 2011 2:37pm
Quoting redteamgo
i am getting a file not found/access denied error. are you able to get through?
Sometimes you have to go back to the webinar archive page and try again. Don't think the vids will work off a link.
Mark ... Everything you have been told is a LIE
  • #16,298
  • Dec 26, 2011 2:40pm Dec 26, 2011 2:40pm
Quoting redteamgo
i am getting a file not found/access denied error. are you able to get through?
I've get that sometimes. I was just watching parts of the one I posted.

Most of his webinars teach supply and demand. Try a couple others. Here's his page.

http://www.fxstreet.com/search/contr...1-e9bf77216d2f
I don't care which way the market is going as long as it's going my way
  • #16,299
  • Edited 3:51pm Dec 26, 2011 3:39pm | Edited 3:51pm
I can't watch all of it right now. A little under the influence.

Every good trader needs a good dose of Sagan in them (musical).

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  • #16,300
  • Dec 26, 2011 3:39pm Dec 26, 2011 3:39pm
Quoting PipKiller
I've get that sometimes. I was just watching parts of the one I posted.

Most of his webinars teach supply and demand. Try a couple others. Here's his page.

http://www.fxstreet.com/search/contr...1-e9bf77216d2f
thank you for the resource, i have gotten it working!
Any prices quoted are futures
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