C-12's Supply, Demand and PA thread | Page 47 | 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

  • #921
  • Dec 13, 2012 5:27am Dec 13, 2012 5:27am
Quoting Akruma
there is a nice DBD level just below London Open price from 1.3079 - 1.3085
looking for investors . pm me
  • #922
  • Dec 13, 2012 5:28am Dec 13, 2012 5:28am
Quoting jmtini
Why??
and 3078 is the mid of the large outside LO bar
looking for investors . pm me
  • #923
  • Edited 5:29am Dec 13, 2012 5:29am | Edited 5:29am
Quoting Akruma
there is a nice DBD level just below London Open price from 1.3079 - 1.3085
News are close, so closed one half of the trade for only 2 pips, and set second half to BE.
  • #924
  • Dec 13, 2012 5:36am Dec 13, 2012 5:36am
The levels worked very well, but i am not in this.
Thatss the thing with Oanda. Their spreads are to high during news, for 1min scalping.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 30 KB
  • #925
  • Dec 13, 2012 6:58am Dec 13, 2012 6:58am
Quoting Donatello
I have a quick question. How do you actually draw the boxes that you are using to identify your S&D levels? I want to be able to draw those zones also but I don't know how to draw those areas.
Donatello, also check out my earlier post about this: http://www.forexfactory.com/showthre...04#post6241004
Sure I have a trading plan. Buy low. Sell high. What's yours?
  • #926
  • Dec 13, 2012 7:03am Dec 13, 2012 7:03am
Quoting C-12
Yeah I'm quite fast to BE unless I've got higher time frame to back me up. The trades come so often so BE is recommended.
LVOE can automatically move the SL to BE. Is there a particular setting you use, or what rule do you follow for going to BE?
Sure I have a trading plan. Buy low. Sell high. What's yours?
  • #927
  • Dec 13, 2012 7:06am Dec 13, 2012 7:06am
Quoting Trainman
LVOE can automatically move the SL to BE. Is there a particular setting you use, or what rule do you follow for going to BE?
Yep I set mine to auto BE at 7 pips but will often move the BE level earlier or later, depends if I've got larger time frame bias or just a quick scalp.
  • #928
  • Edited 7:40am Dec 13, 2012 7:27am | Edited 7:40am
Quoting C-12
I do pay attention to the hourly candles. Look at the EU. I've not idea if this is going to the moon or not but it looks bullish so you have to be careful shorting on the lower levels.
Remember this?

Notice how the M5 flipped to higher highs and higher lows with a preceeding bullish 1 hour candle. This is why I like this Chaos Semafor indicator.

You had one chance to get on board this (Green arrow) for a 30 pip move. Not so easy is it?

But you have to at least stop shorting it on the way up once you're aware the higher time dynamic has changed otherwise you'll grind your account down.

... Although I'm not saying this current M5 level wont work.
Attached Image (click to enlarge)
Click to Enlarge Name: eu99.gif Size: 28 KB
  • #929
  • Dec 13, 2012 7:42am Dec 13, 2012 7:42am
I'm short this.

...and locked it.
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 26 KB
  • #930
  • Dec 13, 2012 7:45am Dec 13, 2012 7:45am
Quoting C-12
Remember this?

Notice how the M5 flipped to higher highs and higher lows with a preceeding bullish 1 hour candle. This is why I like this Chaos Semafor indicator.

You had one chance to get on board this (Green arrow) for a 30 pip move. Not so easy is it?

But you have to at least stop shorting it on the way up once you're aware the higher time dynamic has changed otherwise you'll grind your account down.

... Although I'm not saying this current M5 level wont work.
Great post it helped me a lot, because I was looking for shorts using supply levels from this move down before up
  • #931
  • Dec 13, 2012 8:24am Dec 13, 2012 8:24am
Quoting C-12
... Although I'm not saying this current M5 level wont work.
But I did take it.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 29 KB
  • #932
  • Dec 13, 2012 9:28am Dec 13, 2012 9:28am
Quoting C-12
But I did take it.
That one worked nice for almost 40 pips since there was no demand levels in that circled area.
Attached Image (click to enlarge)
Click to Enlarge Name: eu999.gif Size: 30 KB
  • #933
  • Dec 13, 2012 9:39am Dec 13, 2012 9:39am
Quoting C-12
That one worked nice for almost 40 pips since there was no demand levels in that circled area.
i am long on eur/usd 3060
looking for investors . pm me
  • #934
  • Dec 13, 2012 9:57am Dec 13, 2012 9:57am
A failed traded i took this afternoon. Also take some nice winning trades
I just started with supply/demand levels. Very impressed and i want never an indicator on my chart! (exept the ma)
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd.jpg Size: 65 KB
  • #935
  • Dec 13, 2012 10:21am Dec 13, 2012 10:21am
Quoting Thierry
A failed traded i took this afternoon. Also take some nice winning trades
Hey losses happen, it's part of doing business. But if you can keep them small then a couple of nice runners takes care of it.

Aussie was quite bearish today. Caught a few nice moves on my swing account.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audchf.gif Size: 31 KB
Click to Enlarge Name: audjpy.gif Size: 23 KB
  • #936
  • Dec 13, 2012 10:46am Dec 13, 2012 10:46am
Quoting C-12
Hey losses happen, it's part of doing business. But if you can keep them small then a couple of nice runners takes care of it.

Aussie was quite bearish today. Caught a few nice moves on my swing account.

Absolutly! I need just more screentime en live trading to be better.

Do you always wait for "confirmation" (rejection, consumtion etc) at the SD levels? or do you take also touches off the SD levels?
  • #937
  • Dec 13, 2012 11:41pm Dec 13, 2012 11:41pm
Quoting Thierry
Absolutly! I need just more screentime en live trading to be better.

Do you always wait for "confirmation" (rejection, consumtion etc) at the SD levels? or do you take also touches off the SD levels?
Both, I like to get in as close to source as possible to keep my break evens tight. If the level is really nice I'll even use a limit or and try and get in a pip before the level.

Anyway, new day, nice and early for the london session in 20 mins. Here's the EU trade from yesterday now closed out.
Attached Image (click to enlarge)
Click to Enlarge Name: eurom30.gif Size: 28 KB
  • #938
  • Dec 14, 2012 12:19am Dec 14, 2012 12:19am
Just in case you were wondering who caused that spike in the USDCAD... It was my fat finger, oops.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 25 KB
  • #939
  • Dec 14, 2012 12:36am Dec 14, 2012 12:36am
Closed out 50% at 32 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eu32.gif Size: 25 KB
  • #940
  • Dec 14, 2012 12:41am Dec 14, 2012 12:41am
Nice one where would You look for longs on EU?
2 traders viewing now