Supply and demand in a nutshell by Alfonso Moreno | Page 42 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #821
  • Aug 2, 2013 11:12am Aug 2, 2013 11:12am
Quoting panoramia
Imagine you set out on an expedition to the Himalayans Mountain Range (monthly supply). You are at base camp #1 at 3000 meters high (d1 demand, still lots of room to reach the intermediate peaks and the very top). Is it easy to start climbing? Yes, you can breath well and lots of room to Mount Everest, the very peak of the world (monthly distal line). On the way up you will have to climb intermediate big mountains, 5000 and 7000m high peaks (weekly supply). What will happen when you have been climbing for days to reach those intermmediate mountains?...
Great analogy Alfonso

Well done

TSD
  • #822
  • Aug 2, 2013 12:47pm Aug 2, 2013 12:47pm
I just opened two trades. Here are the pics.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad 080213.png Size: 87 KB
Click to Enlarge Name: usdjpy 080213.png Size: 90 KB
  • #823
  • Aug 2, 2013 3:18pm Aug 2, 2013 3:18pm
Hi Panamamike!

Thanks for posting ur trades. A quick thing to you and everybody posting their sd trades.

Please, dont send only screenshots, explain the full rationale and reasoning for entering the trade, curve timeframe, entry timeframe, etc. Otherwise people wont be able to help u or follow ur trades. A single screenshot without any further explanations is of little or now use for learning or being helped.

Thanks a lot!
Alfonso

Quoting panamamike
I just opened two trades. Here are the pics. {image} {image}
Set and Forget supply and demand trading community
  • #824
  • Aug 2, 2013 3:24pm Aug 2, 2013 3:24pm
I hope all of you paid attention to the calendar today and didn't get sucked into the non-farm payroll news. Market will be a mess for another few days, sometimes it's best to just sit it out especially when the weekend is almost here and news hasn't been digested.
  • #825
  • Aug 2, 2013 4:19pm Aug 2, 2013 4:19pm
Quoting panoramia
Hi Panamamike! Thanks for posting ur trades. A quick thing to you and everybody posting their sd trades. Please, dont send only screenshots, explain the full rationale and reasoning for entering the trade, curve timeframe, entry timeframe, etc. Otherwise people wont be able to help u or follow ur trades. A single screenshot without any further explanations is of little or now use for learning or being helped. Thanks a lot! Alfonso {quote}
i made the trades remotely from my Ipad accessing my VPS. Was unable to take time to explain the trade at the time Everyone can see from the screenshot the timeframe of the trade, the associated levels, and all have access to the SD curve spreadsheet. If there is a question about the rationale, I can answer it on the weekend.
  • #826
  • Aug 4, 2013 8:14am Aug 4, 2013 8:14am
Just a little off topic here, but I find these scripts very useful when scanning the charts in my list. The script can be dropped onto any one chart that is open and it changes the timeframe of all the charts to the timeframe set in the script. As it is a script, it works one time only when applied.

I have attached the Daily, 4 hour & 1 hour scripts here. You can easily modify them to whatever TF you like. Not coded by me, the credit goes zznbrm from FF.

Attached File(s)
File Type: mq4 ChgTF- All Daily.mq4   2 KB | 539 downloads

Attached File(s)
File Type: mq4 ChgTF-H4.mq4   2 KB | 507 downloads

Attached File(s)
File Type: mq4 ChgTF-H1.mq4   2 KB | 507 downloads
It never gets easier, you just get better
  • #827
  • Aug 4, 2013 8:24am Aug 4, 2013 8:24am
Quoting Shabs19
Just a little off topic here, but I find these scripts very useful when scanning the charts in my list. The script can be dropped onto any one chart that is open and it changes the timeframe of all the charts to the timeframe set in the script. As it is a script, it works one time only when applied. I have attached the Daily, 4 hour & 1 hour scripts here. You can easily modify them to whatever TF you like. Not coded by me, the credit goes zznbrm from FF. {file} {file} {file}
Nice
Keep your blades sharp!
  • #828
  • Aug 4, 2013 10:43pm Aug 4, 2013 10:43pm
Dear Alfonso,

Thank you soo much for your teaching! I am new to trading as of about 8 months ago but only learned about supply demand trading maybe two months ago.

My first few months of trading I tried to learn a method using a complicated strategy with MACD, moving averages and all kinds of support and resistance lines. The charts were truly ugly and confusing. I became frustrated and angry that I couldn't understand and apply the method. Then I began to find some people who traded without indicators using support and resistance and some candle patterns and things started to make sense. In time I found some of Sam Seidens videos which led me to search for Supply and Demand traders and so here I am!

Your teaching is so clear and detailed. I will have to study from the beginning with your first videos but will keep going until I get the basics down and can follow along with the thread.

You are certainly a generous person and a gifted educator. Thanks again.
  • #829
  • Aug 5, 2013 3:56am Aug 5, 2013 3:56am
Thanks for subscribing to our thread Everfree (your name is?)! You are most welcome.

Rest assured that supply and demand is the force that governs the markets as well as our personal lives, so learning such a methodology is guarantee that you will at least understand what moves the markets. There are several ways of trading SD levels, each of us has to find its "own way". I found mine, which is the one I'm sharing with you. It's neither the best nor the only way to trade supply and demand, but it works for me, it's mechanical, common sense and logical.

Take your time to go though the thread and the videos, and ask anything. Me or any others in the thread should be able to answer your.


Welcome!
Alfonso

Quoting everfree
Dear Alfonso, Thank you soo much for your teaching! I am new to trading as of about 8 months ago but only learned about supply demand trading maybe two months ago. My first few months of trading I tried to learn a method using a complicated strategy with MACD, moving averages and all kinds of support and resistance lines. The charts were truly ugly and confusing. I became frustrated and angry that I couldn't understand and apply the method. Then I began to find some people who traded without indicators using support and resistance and some candle...
Set and Forget supply and demand trading community
  • #830
  • Aug 5, 2013 4:05am Aug 5, 2013 4:05am
Hi ...
start read about S-D just this weekend, and found your "technology" quite interesting, watched all videos and started read thread, it will take a while to get through, but will do it,
Need some time to be familiar with all new terminology...
I took this one this morning... any comment please??
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh1.png Size: 30 KB
JacekPreserve Precious Capital
  • #831
  • Aug 5, 2013 4:32am Aug 5, 2013 4:32am
Hello Jack!

Welcome to the thread, you are most welcome! Thanks for popping in.

As far as the trade you posted, I can't really tell you for a couple of things: i need multiple timeframe analysis, and I don't know which pair or timeframe it is. Try to include the pair and timeframe as well as multiple timeframe analysis, otherwise we won't know what you are pointing out. It looks like a Yen pair and a H4 speedbump (but the timeframe looks like the H1). But as I said, please describe your entry timeframe, and multiple timeframe analysis so that we can comment on the trade, or we'll be half blind

Alfonso

Quoting Jackub
Hi ... start read about S-D just this weekend, and found your "technology" quite interesting, watched all videos and started read thread, it will take a while to get through, but will do it, Need some time to be familiar with all new terminology... I took this one this morning... any comment please?? {image}
Set and Forget supply and demand trading community
  • #832
  • Aug 5, 2013 4:56am Aug 5, 2013 4:56am
Quoting panoramia
Hello Jack! Welcome to the thread, you are most welcome! Thanks for popping in. As far as the trade you posted, I can't really tell you for a couple of things: i need multiple timeframe analysis, and I don't know which pair or timeframe it is. Try to include the pair and timeframe as well as multiple timeframe analysis, otherwise we won't know what you are pointing out. It looks like a Yen pair and a H4 speedbump (but the timeframe looks like the H1). But as I said, please describe your entry timeframe, and multiple timeframe analysis so that we...
Hi Alfonso,
The trade was taken on H1 TF GBP/JPY, as I think mine mind is beter tuned for shorter TF then for longer,
Analisys was really not taken as MTF analysys just noticed RBR configuration and price bounce from new green area of supply, was worry a bit cose it was looking like zone is not fresh, but two long bottom weaks trying penetrate marked by me demand area (150.120-150.400) helped me to take decision to go long...
I do promise to make deeper analisys when I finnaly get familiar with all your writing here...
I decided to make translation , your first pages with whole system detailes to my mother language (polish) for better understanding... takes some time and will back to trading when will be oparating with ease your tools....
Well, must expres this, YOU HAVE DONE TREMENDOUS JOB, !
JacekPreserve Precious Capital
  • #833
  • Aug 5, 2013 5:10am Aug 5, 2013 5:10am
Hi,

In attached files AUD USD.
On monthly we are in demand (speedbump) level. I will try to catch some up move according to the nearest demand daily level.
Only problem is this, that the monthly demand area is a speedbump area, so i need a confirmation on lower time frames.
Once price hits daily demand, i will be looking on h4/h1 that price makes reaction to this level, creates new demand, and after retest - buy.

BTW, my last enrty on gbp usd gave my nice RR. Risk was 21 pips, reward was 240 pips. So it is about 1:11.

One conclusion: we should be patient and wait for clear setup. When there is nothing interesting on market we should wait.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud usd D1.PNG Size: 93 KB
Click to Enlarge Name: aud usd H4.PNG Size: 103 KB
Click to Enlarge Name: aud usd M.PNG Size: 105 KB
Click to Enlarge Name: aud usd W.PNG Size: 106 KB
Click to Enlarge Name: gbpusdh1.png Size: 35 KB
  • #834
  • Aug 5, 2013 5:43am Aug 5, 2013 5:43am
Attached my demo entry on eur gbp sell.

weekly/daily supply levels
After reaction - h4 fresh supply level and sell.

For me it is always better waiting for confirmation on h1/h4 after hitting d1/weekly demand/supply area. That's because for me it's still difficult to understand, if the daily/weekly area is original or not .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur gbp w.PNG Size: 106 KB
Click to Enlarge Name: eur gbp d.PNG Size: 114 KB
Click to Enlarge Name: eur gbp h4.PNG Size: 98 KB
  • #835
  • Aug 6, 2013 1:22am Aug 6, 2013 1:22am
Hi Alfonso!
I am working hard on your text, doing translation and have slight problem ...
Quoting panoramia
hopefully This indicator will help you to have cleaner charts as well as to being aware of where the D1 and WK supply and demand zones in control are when zooming in lower timeframes, you don't want to buy into a D1/WK supply zone, or buy into a D1 demand zone.
you don't want to buy into a D1/WK supply zone, .. this understand
but
or buy into a D1 demand zone ... not really understand
We need to buy in demand zone, don't we...? or I did mess up something, can you straighten me, please?
JacekPreserve Precious Capital
  • #836
  • Aug 6, 2013 1:41am Aug 6, 2013 1:41am
Quoting Jackub
Hi Alfonso! I am working hard on your text, doing translation and have slight problem ... {quote} you don't want to buy into a D1/WK supply zone, .. this understand but or buy into a D1 demand zone ... not really understand We need to buy in demand zone, don't we...? or I did mess up something, can you straighten me, please?


Not alfonso, but I think he meant "sell" into D1 demand zone.
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #837
  • Aug 6, 2013 1:46am Aug 6, 2013 1:46am
Quoting keroro0o0o
{quote} Not alfonso, but I think he meant "sell" into D1 demand zone.
Thanks, I am very new to the SD trading, we can say just born baby so I am not confident yet... thank you mate!
JacekPreserve Precious Capital
  • #838
  • Aug 6, 2013 1:48am Aug 6, 2013 1:48am
Quoting Jackub
{quote} Thanks, I am very new to the SD trading, we can say just born baby so I am not confident yet... thank you mate!
No prob. Glad to help
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #839
  • Edited 2:24am Aug 6, 2013 1:55am | Edited 2:24am
Hey Jack,

That was a typing mistake, sorry for that. Thank you to the guys that corrected it, I appreciate that. I can't edit that post because it was posted too long ago, so I can't fix it...

Supply and demand works always the same way:

  1. Don't buy near or at higher timeframe supply areas
  2. Don't sell near or at demand higher timeframe supply areas

Why? Because higher timeframe areas are where price will most likely react and/or reverse.

Hope that's clearer now. Sorry again for the confusion caused by that old statement.
Alfonso


Quoting Jackub
Hi Alfonso! I am working hard on your text, doing translation and have slight problem ... {quote} you don't want to buy into a D1/WK supply zone, .. this understand but or buy into a D1 demand zone ... not really understand We need to buy in demand zone, don't we...? or I did mess up something, can you straighten me, please?
Set and Forget supply and demand trading community
  • #840
  • Aug 6, 2013 2:02am Aug 6, 2013 2:02am
Quoting panoramia
Hey Jack, That was a typing mistake, sorry for that. Thank you to the guys that corrected it, I appreciate that. I can't edit that post because it was posted too long ago, so I can't fix it... Supply and demand works always the same way: Don't buy near or at higher timeframe supply areas Don't see near or at demand higher timeframe supply areasWhy? Because higher timeframe areas are where price will most likely react and/or reverse. Hope that's clearer now. Sorry againfor the confusion caused by that statement. Alfonso {quote}
Thanks a million Alfonso!!!
J.
JacekPreserve Precious Capital
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