Supply and demand in a nutshell by Alfonso Moreno | Page 20 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #381
  • Jul 4, 2013 1:05am Jul 4, 2013 1:05am
I will be organizing a second Webinar next week, probably on Tuesday 9th at NY Open, like this time.

Those who are interested and have not yet sent me their emails through a private message, do it. I need your email in order to add you to the mailing list.

Next webninar will be shorter, we'll focus mainly on how to score a level based on:

1. STRENGTH OF DEPARTURE
2. NUMBER OF PULLBACKS
3. PROFIT MARGIN. 3:1
4. BIGGER PICTURE
5. TIME AT LEVEL
6. ARRIVAL

And then we'll do some live analysis. This time it won't take 3 hours!

Looking forward to your inputs. Remember don't send me your email if you have already done so.
Will be away all morning, need to take a flight! Have a great morning!

P.S. There was a guy called Warwick Johnson from Australia that sent me an email from @bigpond.com, that email does not work. Send me another email from a different email please.
Set and Forget supply and demand trading community
  • #382
  • Jul 4, 2013 3:01am Jul 4, 2013 3:01am
I look forward to your next webinar with Live analysis.
I would recommend those that haven't seen the 3 hour webinar to watch it again, as alfonso says you will find some aha moments.

Learning by the yard it's hard, by the inch it's a cinch.
It never gets easier, you just get better
  • #383
  • Jul 4, 2013 3:38am Jul 4, 2013 3:38am
Quoting panoramia
I will be organizing a second Webinar next week, probably on Tuesday 9th at NY Open, like this time. Those who are interested and have not yet sent me their emails through a private message, do it. I need your email in order to add you to the mailing list. Next webninar will be shorter, we'll focus mainly on how to score a level based on: 1. STRENGTH OF DEPARTURE 2. NUMBER OF PULLBACKS 3. PROFIT MARGIN. 3:1 4. BIGGER PICTURE 5. TIME AT LEVEL 6. ARRIVAL And then we'll do some live analysis. This time it won't take 3 hours! Looking forward to your...
Great! I'll be atending there forma sure. First I'm gonna watch again yesterday webinar.

Alfonso, I love the set and forget style. I wish I can Master it some day...


Thanks for all
Toni
  • #384
  • Jul 4, 2013 3:52am Jul 4, 2013 3:52am
Thanks Peter.
Thanks Alfonso.
Every accomplisment starts with decision to try.
  • #385
  • Jul 4, 2013 5:20am Jul 4, 2013 5:20am
This is great!

Can't wait for next week's webinar.


Quoting panoramia
I will be organizing a second Webinar next week, probably on Tuesday 9th at NY Open, like this time. Those who are interested and have not yet sent me their emails through a private message, do it. I need your email in order to add you to the mailing list. Next webninar will be shorter, we'll focus mainly on how to score a level based on: 1. STRENGTH OF DEPARTURE 2. NUMBER OF PULLBACKS 3. PROFIT MARGIN. 3:1 4. BIGGER PICTURE 5. TIME AT LEVEL 6. ARRIVAL And then we'll do some live analysis. This time it won't take 3 hours! Looking forward to your...
SMT, IPDA, Market Structure
  • #386
  • Jul 4, 2013 5:33am Jul 4, 2013 5:33am
That was an absolute fantastic webinar .. I very much appreciate the time and help you are giving .. look forward to the next one
If you act surprised, then you probably missed something
  • #387
  • Jul 4, 2013 6:03am Jul 4, 2013 6:03am
I want to download this webinar , i saw this on youtube and tried to download with idm. but i can't download it. Idm not appears.. so how can i down load this.
  • #388
  • Jul 4, 2013 6:11am Jul 4, 2013 6:11am
Try to download a youtube downloader.

Quoting ochinkumar
I want to download this webinar , i saw this on youtube and tried to download with idm. but i can't download it. Idm not appears.. so how can i down load this.
SMT, IPDA, Market Structure
  • #389
  • Jul 4, 2013 7:33am Jul 4, 2013 7:33am
There is no option to download the video from Youtube unless you use some plugins or web sites like: http://deturl.com

Type in the Youtube video you'd like to download and follow the steps. You can always watch it online at YouTube

Hope that helps
Alfonso

Quoting ochinkumar
I want to download this webinar , i saw this on youtube and tried to download with idm. but i can't download it. Idm not appears.. so how can i down load this.
Set and Forget supply and demand trading community
  • #390
  • Jul 4, 2013 10:25am Jul 4, 2013 10:25am
sir, i have just started reading your thread, so far so good i like to trade this method will you teach me if and when i have doubt in any charts ,thanks in advance
  • #391
  • Jul 4, 2013 11:14am Jul 4, 2013 11:14am
great webinar Alfonso ,I still need some more lessons
  • #392
  • Jul 4, 2013 11:30am Jul 4, 2013 11:30am
Thanks so much by the big help you give us, and by the big work who implicate make a webinar and prepare it, it's not easy make that kind of teaching, I hope dominate that method like you

Best regards!
  • #393
  • Jul 4, 2013 2:55pm Jul 4, 2013 2:55pm
For those interested, these area the D1 and WK supply and demand levels I've on the currency pairs that I trade. I used the SD spreadsheet I created, I use it extensively.

You can download original spreadsheet from another thread I have or download it from this post as well.
If you want to know how to use is and how to install it, visit the thread that explains it.

http://www.forexfactory.com/showthread.php?t=424894

I have not traded today and won't be trading tomorrow, I am away. Also, another of my rules is not to trade during big news like interest rates and NFP. Today and tomorrow are big news days, I prefer to avoid unnecessary losses and start trading again on Monday when the levels are settled and we have a clearer direction after the big news. But that's me

Have a nice day!
Alfonso
Attached Image (click to enlarge)
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Attached File(s)
File Type: zip SD_curve_spreadsheet.zip   42 KB | 1,210 downloads
Set and Forget supply and demand trading community
  • #394
  • Jul 4, 2013 3:03pm Jul 4, 2013 3:03pm
Anybody got short on GBPAUD this morning? I mentioned it over here before leaving to the airport, there had been an opportunity while I was sleeping and another one after I left. Hope some of you could take it.

See the attachmente. A fresh level, touched and entry, another fresh level within the previous one, touched and a second entry, overlapped levels (domino, compressed supply). This is a compressed drop, giving us opportunities on the way down. There were 2 opportunities this morning. One was during the asian session while I was sleeping. The second one when I was flying!

Last week high (blue beads was broken), new fresh level of supply and down it went.

Remember we were on the D1 supply area, used up, but D1 supply that had to be respected. D1 supply was broken by a few pips but that happens a lot on cross pairs, moreover on GBP pairs, besides it was an used-up level, so we had to wait for confirmation. When did we have the confirmation? When previous lows and last week high were absorbed, and brand new levels of supply (speedbumps) were formed.

Hope it's clear how these trades were available for all of us this morning.
Alfonso
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Set and Forget supply and demand trading community
  • #395
  • Jul 4, 2013 3:10pm Jul 4, 2013 3:10pm
Look at how brand new H1 levels of demand were formed on NZDUSD, fresh level after fresh level, giving us entries all the way up, following the H1 trendline.

H1 CHART:
There is a fresh level at 0.7800 which could be another long entry, but the highs have not been broken, so I wouldn't take it. If that supply on H4 had been absorbed I would take it. This long entry might work but it's a bit more aggressive without having supply taken out.


Attached Image (click to enlarge)
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H4 CHART:
See how the H4 supply area hasn't been violated yet, buying on the H1 demand area mentioned is a bit aggressive, that's why I have an alert set a bit higher, if that price is hit then I know H4 supply has been taken out and I am allowed to keep on buying at fresh demand levels.

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Set and Forget supply and demand trading community
  • #396
  • Jul 4, 2013 3:16pm Jul 4, 2013 3:16pm
I have been all day away and will be tomorrow as well, but I had some time to post some of the entries that happened today. Again, I never trade in strong news days, so I wouldn't have been in, but for those that were trading, these were valid entries. It will help all of you identify valid trades as per the rules we've discussed on yesterday's webinar.

Look at USDCAD original H4 demand level at the D1 demand proximal line. No reaction to a previous level, so it's an original zone, it's also fresh. Nice long entry at a 2o pips wide H4 demand area right at the D1 demand area, these are THE trades we want, clear and no brainer!

If you have any doubt about this entry, let me know.
Alfonso
Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #397
  • Jul 4, 2013 3:22pm Jul 4, 2013 3:22pm
There were 2 short entries on EURJPY. Price reached the D1 supply area (yellow trendline). D1 was used-up and no original level, so we wait for new lower timeframe supply areas.

Several areas of demand (in red) area absorbed, so we have free room to sell.

There are 2 H1 supply entries on the way down marked with an arrow.

Like I said above, I was not trading today, and I won't be trading tomorrow Friday. I am posting these entries because if I had been there and I had seen them I would have taken them, but I am sure it will help you understand the methodology better even even if there in hindsight.
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Set and Forget supply and demand trading community
  • #398
  • Jul 4, 2013 3:24pm Jul 4, 2013 3:24pm
Hi Panoramia, firstly, thank you for presenting the many useful information that has boost my trading knowledge. A little about myself, I am from Sydney, Australia and I have been trading for more than a year now. I only trade micro lots for now and I am big fan of Suppy and Demand. I am trying my level best to double my present account but for the last eight months, I am only able to achieve breakeven on every trading week. I am hoping with this added tools and knowledge which I have gained from your thread and Webinar, I will be able to achieve a profitable trading.

Enough about myself, I am a little confused about 'Speedbumps' and how effective can it be when used correctly. I do understand the conditions that is required to trade from a Speedbumps (e.g. Continuation pattern, absorb previous S/D Zones, overall trend). However, does the strength from where the candles left the speedbump area matters? Does the big TF S/D zones affect the effectiveness of trading from the speedbump area which was found in lower TF?

Thank you.
  • #399
  • Edited 5:06pm Jul 4, 2013 3:52pm | Edited 5:06pm
Thanks for your post Voiture (car in french, why?), I am glad you like the videos. I guess you need to watch the videos more times, every time you watch them I am sure you will see something different, a little nuance here and there.

As far as speedbumps are concerned. I only take them in the direction of the timeframe where they have been detected or as original level of SD within a higher timeframe SD area. Hope that helps. You need to practice a lot, backtest, forward test, and see how speedbumps work. There are some posts in my threads as well as a video, that will give you more information about the speedbumps. I recommend you to read them as well as watching the videos again.

These are the scenarios where I will lean on speedbumps for an entry:

1. In the direction of the timeframe where they have been detected
2. As an original level of SD within a higher timeframe SD area
3. At a historic important breakout area, absorbing it and creating LL or LH

See an example of a non-valid speedbump demand I mentioned this morning before the big drop on GBPAUD. It's not valid because it goes against the H1 trend when price reaches that are (new H1 supply areas on the way down)
http://www.forexfactory.com/attachme...4&d=1372916863

Hope that helps. It's generic, but that's what it's. Locate lots of them on the charts and see how they reacted. Use only H1 and H4 ones. The lower the timeframe, the least reliable they are. Trading in lower timeframes is more difficult than in higher timeframes, at least I see it like that.

Alfonso

Quoting Voiture_10
Hi Panoramia, firstly, thank you for presenting the many useful information that has boost my trading knowledge. A little about myself, I am from Sydney, Australia and I have been trading for more than a year now. I only trade micro lots for now and I am big fan of Suppy and Demand. I am trying my level best to double my present account but for the last eight months, I am only able to achieve breakeven on every trading week. I am hoping with this added tools and knowledge which I have gained from your thread and Webinar, I will be able to achieve...
Set and Forget supply and demand trading community
  • #400
  • Jul 4, 2013 5:12pm Jul 4, 2013 5:12pm
can any body see this Aud/Chf too entered a sell order will see how it plays out
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All market movement are as a result of supply and demand
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