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Sam Seiden's supply and demand - Does it work?

  • #21
  • Apr 5, 2013 8:05pm Apr 5, 2013 8:05pm
Quoting gillh1
Hi nomadic123, I am one of those people who trained with Sam Seiden and OTA and I use supply and demand in all my trading, forex, futures, shares and commodities. It took me a while to get consistently profitable, but have been for the last 2-3 years now using it. I won't say it is easy, it sounds simple, but it is a very subtle way of trading. Once you get the hang of it, you will find it invaluable. One of the aha moments I had with it was not to go for the obvious levels (mainly pivot highs and lows) but find the not so obvious ones. If it is...
Hello gillh

Would you mind sharing some charts where could show what you are explaning. I'm trying to work with Sam Seiden info, but without stable success.

Martin

P.S. Excuse my English, more fluent in French
  • #22
  • Apr 5, 2013 10:18pm Apr 5, 2013 10:18pm
@ gillh1 I'd also love to hear how you manage your trades. Do you have just 1 target or break it up into smaller targets in-case the trade runs in your direction?
  • #23
  • Apr 6, 2013 2:37am Apr 6, 2013 2:37am
Sam Seiden's supply and demand - Does it work?

it does not work.
Mr. Seiden makes money from selling courses, not trading.
If you are interested and want to waste your time at least don't waste your money. Do not buy anything from OTA. All that stuff is free if you look for it.
  • #24
  • Apr 6, 2013 3:21am Apr 6, 2013 3:21am
Sam's voice is fooking annoying......
  • #25
  • Apr 6, 2013 6:51am Apr 6, 2013 6:51am
Quoting gillh1
Hi gristar I will give it a go, not so easy in this situation I have attached 2 4 hrly charts on Eur/usd trade from yesterday (chart 2) and where the price entry level was identified way back (chart 1). I identified the level on chart 1, price had never been back there and it was at the beginning of a major uptrend up to 1.3710 from 1.2734 - 1.2768 (over a 1000 pips). I put two lines round that level identified from a 15 min chart and set an alarm for if price every came back. 4.4.13 it did. It spiked down through a level that had formed in the...
@gillh1 Thank you very much for sharing your experience!
  • #26
  • May 15, 2013 6:18pm May 15, 2013 6:18pm
Hello Traders,

I have been twice through OTA for Stocks. I want to use the system now to trade Forex. I have taken copies of lots of articles from Sam Seiden at fxstreet and assembled a very complete set of notes and rules including a list of, and info on, the 'Odds Enhancers'. Now is when the rubber hits the road. I am applying myself to the mastery of this system. I will keep a record, with charts, of all trades and make a proper evaluation.

I invite anyone who would like to discuss and work on this system and share notes to work along with me. I normally trade 6AM to 8:30 AM Central Time - which puts me about 6 hours behind GMT. There are plenty of news events in this trading session time which I like to trade and also I plan to use the 'Set it and Forget it' strategy as taught by OTA.

Come along and work this system out with me.

Ramshorn
  • #27
  • May 16, 2013 1:42am May 16, 2013 1:42am
Sam Seiden's supply and demand - Does it work?

No, it does not work. Sam Seiden sells training.
I challenge any of the Sam Deiden followers to come up with proof of long term positive results.
  • #28
  • Jul 2, 2013 6:37am Jul 2, 2013 6:37am
Quoting Mingary
Sam Seiden's supply and demand - Does it work? No, it does not work. Sam Seiden sells training. I challenge any of the Sam Deiden followers to come up with proof of long term positive results.
Here is my trade this morning 6 time my risk = 605$ using Sam Seiden free tutorial concept
Martin

Attached Image (click to enlarge)
Click to Enlarge Name: My Gain.png Size: 29 KB
  • #29
  • Jul 2, 2013 6:49am Jul 2, 2013 6:49am
Quoting mmaker
{quote} Do you have any idea what symbol this picture is and what time interval?
Eur.Usd 2250 ticks

Martin
  • #30
  • Jul 9, 2013 4:37am Jul 9, 2013 4:37am
Quoting mima
SS use SD zones instead pivot high and low which would be SR.
Mima understands the difference!
  • #31
  • Jul 9, 2013 11:40pm Jul 9, 2013 11:40pm
It works, however i wouldn't look to many public threads on the subject. 99.5% of them define a S/D zone totally wrong. So wrong in fact that they'd never even be considered by Sam as a trade opportunity. Use it correctly on higher time frames and it is dead on. I've missed "exact bottoms" by as few as 8 pips.
  • #32
  • Jul 12, 2013 12:30am Jul 12, 2013 12:30am
It is about as good as it gets, without sitting at the screen of a major bank looking at all the orders in person.

Once you understand it, there is NO other way to trade any market on this planet.

You do not have to do the course.

I viewed the FX street videos and pieced the concept together from there.

However, I understood the validity of the concept from a background where I taught technical analysis to traders.

Understand it , then throw away everything you have been told in the past about trading!

The first few videos are the key!
  • #33
  • Jul 12, 2013 1:15am Jul 12, 2013 1:15am
Quoting arjfca
{quote} Here is my trade this morning 6 time my risk = 605$ using Sam Seiden free tutorial concept Martin {image}
Show me the many that did not work Vs the few that did, then we have a basis for analysis.
  • #34
  • Jul 13, 2013 7:02pm Jul 13, 2013 7:02pm
Quoting Mingary
Sam Seiden's supply and demand - Does it work? No, it does not work. Sam Seiden sells training. I challenge any of the Sam Deiden followers to come up with proof of long term positive results.

yes it works if you understand the system... the system isn't usually the problem - its the trader that is... Sam's method is simple and he describes you don't need bs on your charts to see where price could bounce and reject.. his webinars are all free online - I find it difficult to believe he is a scam artist... his method won't work for everyone though
  • #35
  • Jul 14, 2013 1:49am Jul 14, 2013 1:49am
Quoting jaylovin
{quote} yes it works if you understand the system... the system isn't usually the problem - its the trader that is... Sam's method is simple and he describes you don't need bs on your charts to see where price could bounce and reject.. his webinars are all free online - I find it difficult to believe he is a scam artist... his method won't work for everyone though
That is a rather common excuse. "It's the trader. not the system".
The system is not going to trade itself. The trader has to do it, and if he can't do it then the system does not work. Logical, don't you think?
You end up with a "should've would've could've" system
That is why Mr. Seiden sells training and does not trade for a living.
  • #36
  • Jul 16, 2013 5:01pm Jul 16, 2013 5:01pm
Quoting Mingary
{quote} That is a rather common excuse. "It's the trader. not the system". The system is not going to trade itself. The trader has to do it, and if he can't do it then the system does not work. Logical, don't you think? You end up with a "should've would've could've" system That is why Mr. Seiden sells training and does not trade for a living.

i've never paid for any educational material from Sam - its all on the net free for everyone to watch and read... yes the system won't trade itself... but I hear stories of people failing driving tests time and time again - they are just not cut out to drive... its the driver not the car right?
  • #37
  • Jul 18, 2013 1:26pm Jul 18, 2013 1:26pm
Quoting jaylovin
{quote} i've never paid for any educational material from Sam - its all on the net free for everyone to watch and read... yes the system won't trade itself... but I hear stories of people failing driving tests time and time again - they are just not cut out to drive... its the driver not the car right?
Completely agree with your statement above. Neither have I paid a single cents to learn from Sam's materials. Webinars to get the basic then move on to the thread as mentioned above "Price is Everything", and if the driver is as good as the car, you would see a higher success rate in your trading end results.

If you guys want proof of his legacy, look up the thread I said, watch how redsword11 does his mojo, he has showed us the real deal, rather than saying things like last week i did this i did that.

Regards,

Clazsic
  • #38
  • Jul 19, 2013 3:15pm Jul 19, 2013 3:15pm
Quoting Clazsic
{quote} Completely agree with your statement above. Neither have I paid a single cents to learn from Sam's materials. Webinars to get the basic then move on to the thread as mentioned above "Price is Everything", and if the driver is as good as the car, you would see a higher success rate in your trading end results. If you guys want proof of his legacy, look up the thread I said, watch how redsword11 does his mojo, he has showed us the real deal, rather than saying things like last week i did this i did that. Regards, Clazsic

Cha Ching!!

i hear redsword made a lot of money from trading..
  • #39
  • Aug 2, 2013 11:56am Aug 2, 2013 11:56am
Quoting Clazsic
{quote} Completely agree with your statement above. Neither have I paid a single cents to learn from Sam's materials. Webinars to get the basic then move on to the thread as mentioned above "Price is Everything", and if the driver is as good as the car, you would see a higher success rate in your trading end results. If you guys want proof of his legacy, look up the thread I said, watch how redsword11 does his mojo, he has showed us the real deal, rather than saying things like last week i did this i did that. Regards, Clazsic
Yeah the free content alone is already very good; for my experience the method is more prone to loss when big news are in play, for example at NFP obviously. That is because large market orders can deplete S/D zones. Therefore, I personally simply stay out the market before big news and use Sam's approach in any other time, and I'm profitable.

I'm sure it happened to you too guys to see people showing a chart with a big rally/drop and trying to explain it with 3 EMAs, RSI, Stoch and some rumors, and failing to see that the move simply started at a fresh S/D zone!! Now when I see these things I make a good laugh
  • #40
  • Aug 2, 2013 3:36pm Aug 2, 2013 3:36pm
Sam's material is great but it's not a system. It's a part of understanding the markets but hardly the only thing.
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