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  • #1,821
  • May 29, 2012 10:40am May 29, 2012 10:40am
Quoting Balhana
Entered long at 2.0552 on 1H-FB, SL @ 2.0530.
Stopped out at BE+1.
  • #1,822
  • May 29, 2012 2:17pm May 29, 2012 2:17pm
Hi LJ, got a question about drawing these S/D boxes, refering to the kiwi chart today, how would you mark off the upper and lower boundaries of both the supply and demand zone ? Is there something like wick supply and demand for instance ?
Attached Image (click to enlarge)
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Pipcrawler
  • #1,823
  • May 30, 2012 2:17am May 30, 2012 2:17am
Bought GN at 2.0520
Attached Image (click to enlarge)
Click to Enlarge Name: GN 1H 01.jpg Size: 230 KB
  • #1,824
  • May 30, 2012 2:33am May 30, 2012 2:33am
Quoting Balhana
Bought GN at 2.0520
Closed 1/3 at the base of CP (1.0540), now it doesn't look good.

GN 15M Chart
Attached Image (click to enlarge)
Click to Enlarge Name: GN 15M 01.jpg Size: 166 KB
  • #1,825
  • May 30, 2012 2:43am May 30, 2012 2:43am
Quoting Balhana
Closed 1/3 at the base of CP (1.0540), now it doesn't look good.

GN 15M Chart
Moved SL to 2.0507

GN 5M Chart
Attached Image (click to enlarge)
Click to Enlarge Name: GN 5M 01.jpg Size: 163 KB
  • #1,826
  • May 30, 2012 3:03am May 30, 2012 3:03am
Quoting Balhana
Moved SL to 2.0507

GN 5M Chart
Moved SL to 2.0525
  • #1,827
  • May 30, 2012 3:07am May 30, 2012 3:07am
Quoting Balhana
Moved SL to 2.0525
Approaching my TP2....
Attached Image (click to enlarge)
Click to Enlarge Name: GM 15M 02.jpg Size: 177 KB
  • #1,828
  • May 30, 2012 3:11am May 30, 2012 3:11am
Quoting xmzhang
Hi LJ, got a question about drawing these S/D boxes, refering to the kiwi chart today, how would you mark off the upper and lower boundaries of both the supply and demand zone ? Is there something like wick supply and demand for instance ?
I include wicks when drawing supply and demand zones.

On NU we have a collection of SD 'turning points' don't we - what is a collection of SD zones make - an SR zone. I've shared my main H1 chart so you can see that I've just marked the main SR's governing the overall range.

I've annotated a M30 chart to explain how I would view things from a SD perspective.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NU-H1.jpg Size: 77 KB
Click to Enlarge Name: NU-30min.jpg Size: 132 KB
  • #1,829
  • May 30, 2012 3:22am May 30, 2012 3:22am
Quoting Balhana
Approaching my TP2....
Closed 1/3 at 2.0570 and moved SL to 2.0533 Let's go to TP3
Attached Image (click to enlarge)
Click to Enlarge Name: GN 15M 03.jpg Size: 180 KB
  • #1,830
  • May 30, 2012 3:45am May 30, 2012 3:45am
Quoting lovejoy80
I include wicks when drawing supply and demand zones.

On NU we have a collection of SD 'turning points' don't we - what is a collection of SD zones make - an SR zone. I've shared my main H1 chart so you can see that I've just marked the main SR's governing the overall range.

I've annotated a M30 chart to explain how I would view things from a SD perspective.
Thanx LJ, great stuff as always,
Pipcrawler
  • #1,831
  • May 30, 2012 3:46am May 30, 2012 3:46am
Quoting lovejoy80
I include wicks when drawing supply and demand zones.

On NU we have a collection of SD 'turning points' don't we - what is a collection of SD zones make - an SR zone. I've shared my main H1 chart so you can see that I've just marked the main SR's governing the overall range.

I've annotated a M30 chart to explain how I would view things from a SD perspective.
NU 1min PA...
Attached Image (click to enlarge)
Click to Enlarge Name: NJ1min.jpg Size: 139 KB
  • #1,832
  • May 30, 2012 3:47am May 30, 2012 3:47am
Quoting Balhana
Closed 1/3 at 2.0570 and moved SL to 2.0533 Let's go to TP3
The last 1/3 stopped out at 1.0533
Attached Image (click to enlarge)
Click to Enlarge Name: GN 15M 04.jpg Size: 140 KB
  • #1,833
  • May 30, 2012 3:52am May 30, 2012 3:52am
Quoting Balhana
The last 1/3 stopped out at 1.0533
Damn!! I moved up SL too much!!
Attached Image (click to enlarge)
Click to Enlarge Name: GN 15M 05.jpg Size: 139 KB
  • #1,834
  • May 30, 2012 3:59am May 30, 2012 3:59am
Sold EA at 1.2736 for a scalp (one lot). SL at 1.2755. RR is not good.
Attached Image (click to enlarge)
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  • #1,835
  • May 30, 2012 4:09am May 30, 2012 4:09am
Quoting Balhana
Sold EA at 1.2736 for a scalp (one lot). SL at 1.2755. RR is not good.
Closed EA at BE+5. What happened?
Attached Image (click to enlarge)
Click to Enlarge Name: EA 15M 02.jpg Size: 127 KB
  • #1,836
  • May 30, 2012 4:20am May 30, 2012 4:20am
Quoting Balhana
Closed EA at BE+5. What happened?
News about the EU willing to continue bank recapitalization via ESM, triggered a burst of risk rally
Pipcrawler
  • #1,837
  • May 30, 2012 4:30am May 30, 2012 4:30am
Quoting xmzhang
News about the EU willing to continue bank recapitalization via ESM, triggered a burst of risk rally
Thanks xmzhang. I placed a limit sell at 1.5966 on GA for a scalp with a tight stop.

EDIT: Looks like I post too much?!!
Attached Image (click to enlarge)
Click to Enlarge Name: GA 1M 01.jpg Size: 139 KB
  • #1,838
  • May 30, 2012 4:33am May 30, 2012 4:33am
Quoting lovejoy80
NU 1min PA...

An update, an example trade and a question...
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  • #1,839
  • May 30, 2012 4:47am May 30, 2012 4:47am
Quoting lovejoy80
An update, an example trade and a question...
You asked me? My answer is on the chart.
Attached Image (click to enlarge)
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  • #1,840
  • May 30, 2012 4:59am May 30, 2012 4:59am
Quoting lovejoy80
An update, an example trade and a question...
First bar could be a rejection bar or a consumption bar, second bar told you that the first bar is a consumption bar hence the sell
Pipcrawler
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