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''Trading Price II'' by PhAnti - have fun

  • #461
  • Jan 8, 2013 11:54am Jan 8, 2013 11:54am
In retrospect I probably shouldn't have taken this trade because the bullish divergence formed at the earlier zone, but it's profitable so far. USD/CHF.
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  • #462
  • Jan 15, 2013 11:21am Jan 15, 2013 11:21am
Happy New Year all. It's been awhile since I posted here, and thought I should share something I just noticed on the USDCHF chart. I believe the chart speaks for itself.

Happy trading all


Cheers, and God bless


George
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Low Risk Low Stress High Reward High Probability Trades
  • #463
  • Jan 15, 2013 11:45am Jan 15, 2013 11:45am
Hey guys,
I've been studying supply/demand concept since I have found Phanti's ebooks which I really appreciate because I think they have opened my eyes (at least a bit). I've read also some articles from Sam Seiden about his odd enhancers. I have a question about S/D level on EUR/USD 4hour chart attached. In the blue rectangle (smaller one) is demand zone from which we can see strong reaction, price has been there only for short time, upmove is about 4 times bigger then demand zone itself so in my opinion when price will come beck to this zone again previously buy orders left there should be filled. My TP would be 1:3 and SL about 5-10 pips below rectangle What do you think? Did I miss something? Thank for any advice
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  • #464
  • Jan 15, 2013 1:20pm Jan 15, 2013 1:20pm
Quoting Brano222
Hey guys,
I've been studying supply/demand concept since I have found Phanti's ebooks which I really appreciate because I think they have opened my eyes (at least a bit). I've read also some articles from Sam Seiden about his odd enhancers. I have a question about S/D level on EUR/USD 4hour chart attached. In the blue rectangle (smaller one) is demand zone from which we can see strong reaction, price has been there only for short time, upmove is about 4 times bigger then demand zone itself so in my opinion when price will come beck to this zone...
Looks good to me, although it might take price a while to get back to that point. To the left you see that an area just a few pips above served as strong supply before, and now that it's broken it may serve as demand. The wicks on the recent bars suggest that demand is already taking hold at that area.

Quoting 919gilead
Happy New Year all. It's been awhile since I posted here, and thought I should share something I just noticed on the USDCHF chart. I believe the chart speaks for itself.

Happy trading all


Cheers, and God bless


George
Be careful with that pair, recently it's been influenced less by technicals but by EUR/USD's news-driven volatility, which has taken levels out left and right this week. According to my charts price has already broken that level of supply.
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  • #465
  • Jan 15, 2013 3:40pm Jan 15, 2013 3:40pm
Quoting Brano222
Hey guys,
I've been studying supply/demand concept since I have found Phanti's ebooks which I really appreciate because I think they have opened my eyes (at least a bit). I've read also some articles from Sam Seiden about his odd enhancers. I have a question about S/D level on EUR/USD 4hour chart attached. In the blue rectangle (smaller one) is demand zone from which we can see strong reaction, price has been there only for short time, upmove is about 4 times bigger then demand zone itself so in my opinion when price will come beck to this zone...
your line sounds pretty good in general, but a 5-10 pip stop on a H4 timeframe wont be sensful in the longrun. You'd then always need to pick the very bottom.... impossible... but nothing wrong with buying the demand level with a reasonable stop.

Jonas
Hero calls followed by margin calls...
  • #466
  • Jan 16, 2013 1:15am Jan 16, 2013 1:15am
Quoting PhAnTi'
your line sounds pretty good in general, but a 5-10 pip stop on a H4 timeframe wont be sensful in the longrun. You'd then always need to pick the very bottom.... impossible... but nothing wrong with buying the demand level with a reasonable stop.

Jonas
thx for your input, I've been able to bank about 45 pips and set SL to BE but I have to admitt I had a little bit of luck because my limit order was filled almost on the bottom...this has been my problem before - I'm not sure where to put limit orders in the S/D zones ... on top of them or in the middle? what do you prefer? And about SL, how big sl would you recommend?
  • #467
  • Jan 16, 2013 1:53am Jan 16, 2013 1:53am
Quoting Brano222
thx for your input, I've been able to bank about 45 pips and set SL to BE but I have to admitt I had a little bit of luck because my limit order was filled almost on the bottom...this has been my problem before - I'm not sure where to put limit orders in the S/D zones ... on top of them or in the middle? what do you prefer? And about SL, how big sl would you recommend?
In one of his posts I believe he says he puts his stops "where price won't get it" above the supply or below the demand zone. If I have a reliable PA setup I'll use the highs or lows as a guide instead. Limits are something else, I have some issues setting these as well.
  • #468
  • Jan 16, 2013 11:42am Jan 16, 2013 11:42am
Quoting Brano222
thx for your input, I've been able to bank about 45 pips and set SL to BE but I have to admitt I had a little bit of luck because my limit order was filled almost on the bottom...this has been my problem before - I'm not sure where to put limit orders in the S/D zones ... on top of them or in the middle? what do you prefer? And about SL, how big sl would you recommend?
well i dont use limit orders at all.... :-S
Hero calls followed by margin calls...
  • #469
  • Jan 16, 2013 6:18pm Jan 16, 2013 6:18pm
Quoting Kanzler
Looks good to me, although it might take price a while to get back to that point. To the left you see that an area just a few pips above served as strong supply before, and now that it's broken it may serve as demand. The wicks on the recent bars suggest that demand is already taking hold at that area.



Be careful with that pair, recently it's been influenced less by technicals but by EUR/USD's news-driven volatility, which has taken levels out left and right this week. According to my charts price has already broken that level of supply.
Thanks Kanzler, I did not take the trade as it never broke below the moving average I use as filter, and yes the supply level was broken with price still playing in the zone. I will consider selling only on convincing break of 9285. I did play with a GBPCHF short instead but later taken out @ break even plus 1.
Low Risk Low Stress High Reward High Probability Trades
  • #470
  • Jan 24, 2013 2:13pm Jan 24, 2013 2:13pm
Hi PhAnti

First of all I would like to say you thank you for your e-book, You did really great job man.

Your e-book helped me a lot with supply and demand conception, it's really fantastic book, I found a lot of answers in this e-book.

You're great man!


so, will follow to your charts, examples of opportunities in charts.

Abdu

p.s.

Sorry for my english... it's my 3-rd language)))
  • #471
  • Jan 25, 2013 2:24am Jan 25, 2013 2:24am
Jonas, many thanks for sharing your knowledge and advice. There is often mention of two of your books. I have downloaded the one posted in this thread. Interested in knowing how to lay my hands on the other / second book.
Regards
In The End It is Always OK. If It Is Not OK Then It Is Not The End.
  • #472
  • Jan 28, 2013 5:22am Jan 28, 2013 5:22am
hi PhAnti,

Thanks for creating such a nice book. Fantastic job.

I had couple of question regarding entry with SD.

1. Which pattern you look at when price comes at Supply/Demand?
2. Do you put pending order for Pole trades?

Regards,
Hamann
  • #473
  • Jan 28, 2013 8:03am Jan 28, 2013 8:03am
Hello Phanti, hello all

First of all congrats on your thread. I discovered it last night and read straight away 12 pages. The problem is that I could not download your e-book. The url is not working anymore. Is there any chance to post it again or email me the book, please? I have the feeling your sistem is going to open my eyes in Forex.

Thanks a lot.
  • #474
  • Jan 28, 2013 8:26pm Jan 28, 2013 8:26pm
Got it ! The link is working now. Also, I have found the first book too. Reading now. I will let you know my impressions.

Thanks a lot.
  • #475
  • Jan 30, 2013 11:28am Jan 30, 2013 11:28am
Quoting hlakhani
hi PhAnti,

Thanks for creating such a nice book. Fantastic job.

I had couple of question regarding entry with SD.

1. Which pattern you look at when price comes at Supply/Demand?
2. Do you put pending order for Pole trades?

Regards,
Hamann
I might use pendings for poles, but then i use a really tight stop, tight tight tight u know
each pattern that induces a possible turn, the patterns i look for are mentioned in the book.

thanks for your questions !

best,
Jonas
Hero calls followed by margin calls...
  • #476
  • Jan 31, 2013 3:27am Jan 31, 2013 3:27am
hi Jonas,

Thanks for your reply. Would you mind posting your latest trade journals? Would love to learn your approach.

Cheers,
Hemang
  • #477
  • Jan 31, 2013 3:58am Jan 31, 2013 3:58am
Millions thks for you job PhanTi'
In this world, there're someone you may never meet, never talk to them in the real life but they do great job for everyone else. Thk you again
  • #478
  • Feb 1, 2013 1:28am Feb 1, 2013 1:28am
Dear ,


I constantly tries to find a strategy that suits me so I think that there is no strategy on this forum that I have not used.
I read your book and I could not believe how easy it all.
After two years of trade for the first time I've finished a month with a positive increased by 42% and only one negative trade!



Thank you a lot for sharing this with all of us and helped us to become successful traders.
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  • #479
  • Feb 2, 2013 11:03pm Feb 2, 2013 11:03pm
Hi Jonas, just wondered please, can you tell us which pairs you prefer to trade supply and demand levels? also which are your favourite higher timeframes? thanks in advance!
Tracking the Specialists.
  • #480
  • Feb 3, 2013 3:01am Feb 3, 2013 3:01am
Quoting Connected
Hi Jonas, just wondered please, can you tell us which pairs you prefer to trade supply and demand levels? also which are your favourite higher timeframes? thanks in advance!
actually i trade any pair as long as its spread doesnt kill my trade ... again due to my daily job its not possible to trade timeframes lower than the H1 one, i trade up to the daily one. Placing a trade on a weekly chart needs a lot of time, sometimes months or even years.

best,
Jonas
Hero calls followed by margin calls...
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