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Attachments: My E-Book about supply/demand trading - have fun
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My E-Book about supply/demand trading - have fun

  • #101
  • Apr 22, 2012 4:42am Apr 22, 2012 4:42am
Quoting Igrach
Thanks PhAnTi' - good work indeed.

I am not a big fan of charts trading but this book got my attention and it is in my opinion fundamentally solid. I have a proposition to all who share my enthusiasm - let's post S&D based trades, explain why we think they should work and discuss if we correctly apply PhAnTi's principle. I am sure that he will also give his input now and then and help us understand his points easier.

So I am starting I went through 15 charts yesterday and found two trades:

1. Short GBPUSD
I went short GBPUSD as the...
exactly a supply isnt a resistance without confirmation.
Hero calls followed by margin calls...
  • #102
  • Apr 22, 2012 4:46am Apr 22, 2012 4:46am
Quoting qqsamudra
GU just for warming UP ( Intraday ) , i will close it manually, I control the H4 TF as my Trend area, Price keep moving right there now (supp area) on H4, do i made the SnD correctly PhAnTi', thank you very much..

Best Regards

qas
Quoting Igrach
Thanks PhAnTi' - good work indeed.

I am not a big fan of charts trading but this book got my attention and it is in my opinion fundamentally solid. I have a proposition to all who share my enthusiasm - let's post S&D based trades, explain why we think they should work and discuss if we correctly apply PhAnTi's principle. I am sure that he will also give his input now and then and help us understand his points easier.

So I am starting I went through 15 charts yesterday and found two trades:

1. Short GBPUSD
I went short GBPUSD as the orange area just above 1.60 looks like a major area of supply. But just minutes ago GBPUSD spiked upwards and left the area.

Attachment

I think I made two mistakes here.
1. I did not wait for a reversal signal in the lower time frames.
2. My SL and TP are way out of logic.

I think I should close the trade right now, you?

you need to switch to higher timeframes until you see s.th on the left to trade of


Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 101 KB


all in all very nice spot for shorts, but last 4-5 daily candles were pretty big and straight, trend is strong bullish...so lets wait to get a cheap short entry here.
Also guys why take a short too early here and not better wait for better price ( see left side, daily cluster + supply ) ...dont get yourself into trouble by being too impatient there r soo many pairs to trade, dont hang up with the messy ones.
Hero calls followed by margin calls...
  • #103
  • Apr 22, 2012 4:58am Apr 22, 2012 4:58am
Quoting effluvium
Hi Phanti, I've read your ebook, but I'm still confused, because in some charts you are using Support and Resistance zones and the next ones you are using Supply & Demand zones.

So could you explain here, what is the difference for you between these 2 definitions ? (I speak about charts)
hi, as mentioned before supply and demand is what markets drive, we do have it everywhere out there, each market consists of supply and demand and price is being established by S & D.

While resistance and support are our visual terms in the technical analysis ''invented'' when trading left the pits and moved over to the screens.

hope this helps

regards,
Jonas
Hero calls followed by margin calls...
  • #104
  • Apr 22, 2012 4:59am Apr 22, 2012 4:59am
Quoting Igrach
My second trade is on EURGBP:

Attachment

You can see where I went long and my take profits, stop losses.
Looks a bit better than the GBPUSD position.

Any input on these trades based on supply/demand arguments, entry points, etc is very welcome.

Please provide other currency pairs where we can watch out for an entry as I could not find any.
Attached Image (click to enlarge)
Click to Enlarge Name: 7.jpg Size: 98 KB


patience.... wait for a better price as close as possible to 0.8000 to buy it.
Hero calls followed by margin calls...
  • #105
  • Apr 22, 2012 5:00am Apr 22, 2012 5:00am
Quoting Villonius
Hi Jonas

Nice work. The only thing you could make clearer is exactly how you draw your supply and demand boxes. I know how you draw them because I use S&D but to a newcomer it's not always clear why the top and bottom of the boxes are where they are.

Also you could show some examples of breaks from an area of consolidation. The consolidation being an area of S&D in balance until one sides orders run out then breakout long or short. GBP/USD hourly is a good one for this.

Finally the less time price spends in an area of consolidation the...
I see you are not new to this stuff

thanks for the hints,

regards,
Jonas
Hero calls followed by margin calls...
  • #106
  • Apr 22, 2012 6:04am Apr 22, 2012 6:04am
Great job PhAnTi'.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #107
  • Apr 22, 2012 9:31am Apr 22, 2012 9:31am
Quoting Villonius
Hi Jonas

Nice work. The only thing you could make clearer is exactly how you draw your supply and demand boxes. I know how you draw them because I use S&D but to a newcomer it's not always clear why the top and bottom of the boxes are where they are.

Also you could show some examples of breaks from an area of consolidation. The consolidation being an area of S&D in balance until one sides orders run out then breakout long or short. GBP/USD hourly is a good one for this.

Finally the less time price spends in an area of consolidation the...
Attached Image (click to enlarge)
Click to Enlarge Name: 8.jpg Size: 92 KB
Hero calls followed by margin calls...
  • #108
  • Apr 24, 2012 3:54pm Apr 24, 2012 3:54pm
toc toc, everything clear now?
Hero calls followed by margin calls...
  • #109
  • Apr 25, 2012 8:12am Apr 25, 2012 8:12am
Crystal Clear

I just finish reading your e-book, great work, great explanation.

Thank You
  • #110
  • Apr 25, 2012 10:53pm Apr 25, 2012 10:53pm
Although there is more to the trade than just the zone, you can see price runs in to supply above 1.99 for not one, but two trade opportunities. Profits taken at demand levels. An example of what PhAnTi' teaches in his e-book.

http://i48.tinypic.com/11udmc5.jpg
  • #111
  • Apr 30, 2012 4:12pm Apr 30, 2012 4:12pm
Quoting EmeraldEyes
Although there is more to the trade than just the zone, you can see price runs in to supply above 1.99 for not one, but two trade opportunities. Profits taken at demand levels. An example of what PhAnTi' teaches in his e-book.

http://i48.tinypic.com/11udmc5.jpg
niceeeeee one ! sell at supply,easy business.

keep on !

kind regards,
Jonas
Hero calls followed by margin calls...
  • #112
  • Apr 30, 2012 5:04pm Apr 30, 2012 5:04pm
absolutely great e-book PhAnTi'!! and a fantastic contribution to this community! looking really forward to your next e-book in August! :-) keep that up and you defenitively will live your dream one day....being a full-time trader trading in jeans & sneakers!


Cheers & Grüße aus Frankfurt!
Get rich or die tryin!
  • #113
  • May 4, 2012 10:42am May 4, 2012 10:42am
Quoting mlep
absolutely great e-book PhAnTi'!! and a fantastic contribution to this community! looking really forward to your next e-book in August! :-) keep that up and you defenitively will live your dream one day....being a full-time trader trading in jeans & sneakers!


Cheers & Grüße aus Frankfurt!
Hero calls followed by margin calls...
  • #114
  • May 4, 2012 10:54am May 4, 2012 10:54am
take it simple.... let price tell the story...

wish you a nice weekend..

Attached Image (click to enlarge)
Click to Enlarge Name: 11.jpg Size: 90 KB
Hero calls followed by margin calls...
  • #115
  • May 4, 2012 4:11pm May 4, 2012 4:11pm
Hi
I just downloaded the file and try to open it . Getting error message that "file is corrupted and can not be opened or repaired". Am I the only one having issue?



Velli
  • #116
  • May 4, 2012 4:24pm May 4, 2012 4:24pm
..nice ebook
i am watching this level here http://www.smileygarden.de/smilie/Tiere/170.gif

http://img.picshare.at/1336166608_Sc....-04-23.20.gif
  • #117
  • May 5, 2012 4:54am May 5, 2012 4:54am
Quoting kvellimalai
Hi
I just downloaded the file and try to open it . Getting error message that "file is corrupted and can not be opened or repaired". Am I the only one having issue?



Velli
please try it again...it should wok...maybe your download stoped before finishing and the fiel isnt complete ?!

if the problem keeps,please let me know
Hero calls followed by margin calls...
  • #118
  • May 5, 2012 4:55am May 5, 2012 4:55am
Quoting torkay77
..nice ebook
i am watching this level here http://www.smileygarden.de/smilie/Tiere/170.gif

http://img.picshare.at/1336166608_Sc....-04-23.20.gif
nothing offensive, but i think you would do much better with a light coloured template....then you get a better overlook....

give it a try

regards,
Jonas
Hero calls followed by margin calls...
  • #119
  • May 5, 2012 5:46am May 5, 2012 5:46am
Quoting PhAnTi'
nothing offensive, but i think you would do much better with a light coloured template....then you get a better overlook....

give it a try

regards,
Jonas
thanks i am fine with dark colors, my monitor is huge and light colors will kill me http://img.picshare.at/1336214688_vampire2.gif
  • #120
  • May 5, 2012 6:02am May 5, 2012 6:02am
Quoting torkay77
thanks i am fine with dark colors, my monitor is huge and light colors will kill me http://img.picshare.at/1336214688_vampire2.gif
Hero calls followed by margin calls...
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