C-12's Supply, Demand and PA thread | Page 36 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Supply and Demand Thread using any Indicator 64 replies

Price movement as a function of Supply and Demand 43 replies

Supply and demand zones and EW principles 1 reply

Alifari's - Supply & Demand Thread 17 replies

Demand and Supply 1 reply

Attachments: C-12's Supply, Demand and PA thread
Exit Attachments

C-12's Supply, Demand and PA thread

  • #701
  • Nov 25, 2012 8:34pm Nov 25, 2012 8:34pm
Hi C12 and all,

good morning ,

GU M1 i'm just watching to look for the good entry point and signal for going long this currency


Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd16.gif Size: 16 KB
  • #702
  • Nov 26, 2012 6:40am Nov 26, 2012 6:40am
A nice way to start the week.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 27 KB
  • #703
  • Nov 26, 2012 7:15am Nov 26, 2012 7:15am
Gold really needs to go lower.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 19 KB
  • #704
  • Nov 26, 2012 8:39am Nov 26, 2012 8:39am
Here's my missed 1 minute trade for the morning. This happens more often than i'd like but then again i get to risk very little as a trade off.

Set the PO after the reaction but price didn't make it back up this time.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 11-26-12.jpg Size: 187 KB
  • #705
  • Nov 26, 2012 8:45am Nov 26, 2012 8:45am
Hi C-12! Hi everyone!

Great USDCAD taken this morning off the 1-hour chart:

Long @ 0.9921, target 0.9961

UPDATE: taken half-off at 0.9941, stop at BE.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.jpg Size: 78 KB
  • #706
  • Nov 26, 2012 8:47am Nov 26, 2012 8:47am
Quoting Good Lookin
Here's my missed 1 minute trade for the morning. This happens more often than i'd like but then again i get to risk very little as a trade off.

Set the PO after the reaction but price didn't make it back up this time.
Attachment
I've got a couple of shorts on the EU (swing trades) but I don't like the way it's flagging around this level just under 1.30. I get this feeling there maybe be one more final pop before a more meaningful correction.

Also, I see USDX seems to have paused before H4 demand so that also makes me concerned.
  • #707
  • Nov 26, 2012 8:53am Nov 26, 2012 8:53am
Quoting EuroPipper
Hi C-12! Hi everyone!

Great USDCAD taken this morning off the 1-hour chart:

Long @ 0.9921, target 0.9961

UPDATE: taken half-off at 0.9941, stop at BE.

Cheers!
Very good trade. I was eyeing this earlier but had concerns USDCAD hadn't quite reached that lower H4 demand. I also have other shorts on EJ, EU and gold.

I'm not good at swing trading since I'm way too impatient but I'm learning.
  • #708
  • Nov 26, 2012 9:12am Nov 26, 2012 9:12am
Is there anyone interested in a Skype Group?

If you are, PM me your Skype ID. Or C-12 can start one, doesn't matter to me.

GL
I don't need easy. I just need possible.
  • #709
  • Nov 26, 2012 9:17am Nov 26, 2012 9:17am
Quoting EuroPipper
Hi C-12! Hi everyone!

Great USDCAD taken this morning off the 1-hour chart:

Long @ 0.9921, target 0.9961

UPDATE: taken half-off at 0.9941, stop at BE.

Cheers!
I wouldn't call it great trade. I wouldn't even call it a good trade. You were like ... 5th time back or something and you expected that small amount of demand left to be strong to push it to your TP?

Am i missing something? Trade results don't make a "great trade" . Great trade setups make "great trades".

GL
I don't need easy. I just need possible.
  • #710
  • Nov 26, 2012 9:22am Nov 26, 2012 9:22am
Quoting C-12
I've got a couple of shorts on the EU (swing trades) but I don't like the way it's flagging around this level just under 1.30. I get this feeling there maybe be one more final pop before a more meaningful correction.

Also, I see USDX seems to have paused before H4 demand so that also makes me concerned.
Hmm well well well. I actually did not see the short until you pointed it out. If price gets back up to 2985 i will short with about a 15 pip stop.

Last couple of days have been heavy vacation for me. Need to get back into trading mode.

You may or may not find this comment of interest. I've found that you'll never know what levels will hold or break, all you can do is find areas where price has historically shown it is more likely to turn or continue (based on your trading plan). News, trader sentiment, stop runs, Soveirgn price protection. You never know whats gonna happen. Don't worry so much about what will happen on any specific trade. Just make sure to follow your rules. You've already displayed the ability to call good levels on the 1 min. Make sure that what you're risking while attempting to swing trade will let you continue trading next month should you lose every swing trade you take.

I may be a little off base with this comment but i didn't feel right not saying it.
  • #711
  • Nov 26, 2012 9:33am Nov 26, 2012 9:33am
Quoting DaGrizlyBull
I wouldn't call it great trade. I wouldn't even call it a good trade. You were like ... 5th time back or something and you expected that small amount of demand left to be strong to push it to your TP?

Am i missing something? Trade results don't make a "great trade" . Great trade setups make "great trades".

GL
Hi DaGrizlyBull,

It was a great trade. Let me clarify: I got the idea off the 1-hour chart, however, if you successfully trade S/D levels then you know we zoom-in to smaller timeframes to find more precise entries.

In this USDCAD trade, there was very nice pullback to the demand level and an ideal entry on the 5min chart which i took this morning. I've attached a picture. I was comfortable with the setup.

I'm keeping this open as a swing trade because i think it may go up 40pips in total. In the meantime, I've taken half-off at 20pips and the rest at BE. I'm happy with my profits already, and whatever happens I'm done following this trade - either i get to target or to BE.

Hope my clarification helps!
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD2.jpg Size: 93 KB
  • #712
  • Nov 26, 2012 9:44am Nov 26, 2012 9:44am
Quoting Good Lookin
Hmm well well well. I actually did not see the short until you pointed it out. If price gets back up to 2985 i will short with about a 15 pip stop.

Last couple of days have been heavy vacation for me. Need to get back into trading mode.

You may or may not find this comment of interest. I've found that you'll never know what levels will hold or break, all you can do is find areas where price has historically shown it is more likely to turn or continue (based on your trading plan). News, trader sentiment, stop runs, Soveirgn price protection....
You're right, even the best looking S&D levels fail. Orders get pulled and the big boys can change their intentions. Nothing is fail safe but the odds of S&D levels working with all of Sam Sieden's odds enhancers are usually pretty good. I like the idea of swing trading so will keep plugging away at it... along side the scalping of course.
  • #713
  • Nov 26, 2012 9:48am Nov 26, 2012 9:48am
was waitin for the sucker since the morning , see the base where the red arrow is !! price might retrace there before firing up
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 15 KB
  • #714
  • Nov 26, 2012 9:54am Nov 26, 2012 9:54am
Quoting extremerrage
was waitin for the sucker since the morning , see the base where the red arrow is !! price might retrace there before firing up
I'm long GBPCHF. Lovely 4 hour rejection bar off D1 demand.
  • #715
  • Nov 26, 2012 9:56am Nov 26, 2012 9:56am
Quoting EuroPipper
Hi DaGrizlyBull,

It was a great trade. Let me clarify: I got the idea off the 1-hour chart, however, if you successfully trade S/D levels then you know we zoom-in to smaller timeframes to find more precise entries.

In this USDCAD trade, there was very nice pullback to the demand level and an ideal entry on the 5min chart which i took this morning. I've attached a picture. I was comfortable with the setup.

I'm keeping this open as a swing trade because i think it may go up 40pips in total. In the meantime, I've taken half-off at 20pips and the...
Cool. Thanks for the clarification
I don't need easy. I just need possible.
  • #716
  • Nov 26, 2012 10:00am Nov 26, 2012 10:00am
Quoting extremerrage
was waitin for the sucker since the morning , see the base where the red arrow is !! price might retrace there before firing up
Nice Supply Consumption within that "Bull Flag Down Wedge lol" . If i understand it correctly, it should shoot up violently thru that.
I don't need easy. I just need possible.
  • #717
  • Nov 26, 2012 10:03am Nov 26, 2012 10:03am
[quote=C-12;6231711]I'm long GBPCHF. Lovely 4 hour rejection bar off D1 demand. [/quot

yeh it was on my radar too , but i forgot about it , its a no brainer
Attached Image (click to enlarge)
Click to Enlarge Name: chf.png Size: 22 KB
  • #718
  • Nov 26, 2012 10:35am Nov 26, 2012 10:35am
Quoting DaGrizlyBull
Cool. Thanks for the clarification
No problem!

UPDATE: Took the other half off at 0.9955.
  • #719
  • Nov 27, 2012 4:00am Nov 27, 2012 4:00am
Quoting mrhb30jr
Hi C12 and all,

good morning ,

GU M1 i'm just watching to look for the good entry point and signal for going long this currency


Cheers
Updated GU .... M1 @entry long ...

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: dbr21.gif Size: 15 KB
  • #720
  • Nov 27, 2012 5:27am Nov 27, 2012 5:27am
My chart on UJ. I am looking to go long around 82.

Anyone else watching this?
Attached Image (click to enlarge)
Click to Enlarge Name: uj 20121127.gif Size: 26 KB
3 traders viewing now