Price is Everything Chat Room

Hi Tyoon great idea.

Here is what I call "between 2 zones". Before I take a trade in such a case I want to see that one side got consumed.

another example

Break down supply

THIS WEEK WISDOM. (http://www.tradingacademy.com/lessons/20120124/featured_article.htm)

Broken cluster acts as support or resistance

engulfed longs/shorts

to me it is to identify the stronger level first. what is the likely most likely order flow to come out of ? (okay that sounded weird ). where is the crowd psychology most likely to do ?

the more price is hit in a zone the less attractive it is to the respective party. i mean come on even if i gave any of u a supply level hit 5x and the last 2 were weak would u short the 5th? unlikely right?

what YOU think can be what millions of others think.

the supply/demand cycle is the one on the lower page.

its all about which one is stronger. thats what YOU need to analyze and figure out.


really its all about figuring out the switch at the level. whether its lowering size in bars or compression or pin with volume or a dark cloud or whatever that comes - thousands and millions of other traders are watching for these too.
people see the divergence u see. People SEE that zone YOU Are seeing.

what i meant to say at the bottom was "switch in dynamic and thats the S/d cycle of price movement"


in the end - u need to select the higher more respected possible zones by the order flow - and watch it and wait for the swithc or if the r/r is alreayd excellent like the page 2 1st example or another setup with high r/r.

but the most impotant in my opinion - is knowing where the momentum might come the most out of.

I hope you don't mind it when I post some screenshots with patterns. All screens are from Red.

S&D plus trendlines or diagonal trendlines

stacking zones

Thanks for those MCFly. I have already drawn a few of those on the first post; supply breakdown and broken cluster acts as S/D.

Any screen you think are important post em and I'll try my best.

My current thoughts on Gold today.

..

Your 15 min gold ss looks a bit like compression into s&d.

Flag into s&d

If it is it would be great to analyse the 1m structure of compression. So far it looks like an expanding wedge. The last three or four lows have been stopped at zone.

I wonder is this is easing for a break down through level or buyers getting ramped up.

We'll seeeeeeeee.

...my charts are starting to look like something out of Avatar.

http://1.bp.blogspot.com/_K9xV1RFWwX...ee+pandora.jpg

..

flag pole trade

sry forgot the ss

flag pole traps

you see? red and mcfly posted about momentum switches. because thats what actually makes the market flow from sellers to buying powers of suply and demand

nice one mcfly

gap trades