5 years experience of {sam seiden} on supply & demand trading 21 replies
Adr, psych levels, demand & supply trading 14 replies
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ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Supply & Demand with Math levels 10 replies
DislikedJust wondering if someone could briefly explain a couple of quick things re siedens approach.
1. Do institutions often leave unfilled orders. Is this standard pratice
2. If they place limit orders, say buying. How does their limit orders cause price to rise and leave a congestion area quick when limit orders are passive. Meaning it should be market orders that cause price to rise.
3. Couldn't it be a lack of supply that could also cause price to shoot up and not always increased buying pressure of institutional orderflow in a demand zone vice...Ignored
Disliked1) Yes, that is the basis for this approach to trading. My interpretation is that institutions try to hold onto the level but don't get their entire fill so when it gets back there they do more buying or selling to get their order done.
2) They aren't doing it all at once. They have to keep price at a level that buyers don't overwhelm the market and price moves away. The goal is to keep sellers selling so that they can keep buying. If they dumped their entire order on the market at once sellers would be spooked and they wouldn't get the fill....Ignored
Hello everyone. I'm not here for a long time was. Received another letter from Sam Seidon and a little indignant. He describes the sale USDCAD and the level where they sell the banks. Why are outraged? I will answer.Figure 1 shows the level of supply (yellow), I do not mind to sell at that level, but there is the same level and above and below this level (green). Any trader who just started trading - make a mistake and sell at these levels will be at a loss. Most likely it is for a free review, but also misleading.
original: http://lessons.tradingacademy.com/ar...really-an-art/
Figure 1
Sam Seidon
In fact the offer was March 14, 2013 if you look at the daily. It was after this movement and the need to Sell Now March 19, 2013.Figure2
On the one hand Sam Seidon starts to sell the next day after the March 19, 2013. Or is he deliberately misleading to go for paid courses. What I want to say? One should always properly filter information.
DislikedS&D is a great tool but it does not work in Forex by itself the reason is Forex is not a real market. If you read or listen to Sam, He does not trade the spot Forex he trades the futures forex. - again the 1st one is not a real market the 2nd one is a real market Sam said a few months ago he has not trades Forex in years. So Sam does teach on forex sights - but he doest trade forex So if the teacher will not trade this system in spot forex .... should we....? cheers TEBIgnored
Disliked{quote} Do not you know that the spot and futures ONE and same graphics. only difference being that in one spread, and in the other commission. The main thing to read charts and can be safely traded on any marketIgnored
Disliked{quote} ok ..... running stops .... price will go to take prople out ie bull or bear trap if you understand this - its a great trade this does two things and puts novice traders on both side of a trade to a loss ie. in a down trend 1. it runs the stops of people in the right direction 2. it traps break out trades (going against the trend) here was a trade I took this is S/R not S/D but its the same thing 1 & 2 we have a line - 3 price comes up to - what should happen? break or bounce - oy does both 1. lots of people get in on the break out of this...Ignored