Supply and demand in a nutshell by Alfonso Moreno

Quoting panoramia

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Hi Boby! GBPAUD is bouncing off Monthly supply, shorts are higher odds. I don't see any levels on your chart, so I don't know where you were intending to sell. I don't see any rectangles, so I can't tell you. I've attached my H4 chart. There is no possibility of drawing a descending trendline because there are not 2 obvious swings (peaks). So that H4 speedbump supply could be a nice area to short. Right underneath we have compressed demand, that is, domino effect, all levels are absorbed, not too much imbalance, and can be easily absorbed. The last...

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Quoting bobyv87

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Hello Alfonso! I have a question about new h1 fresh level which is formed in D1 demand. H1 level can be taken without taking into account h4 supply levels if that is formed in d1 demand? I put some charts In this case you have 3 losses in a row and next time price will not hit the entry. How to avoid that? {image}

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Quoting mfinab

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Hi traders, What you guys think of this chart? Yes, we are at 20% bottom curve weekly, but I this daily supply tempting me a lot! I'll watch closely how price will react in this area. AUDCHF {image}

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Quoting panoramia

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Hi Boby! There were H1 areas within the D1 demand on EURJPY. We have to look for confirmation on those areas, where price reacted in the past. The top one (purple), was not origiinal. The lower one (blue) was original (set & forget), which worked really well as you could see. How to avoid those losses on confirmation trades? Wait for price to reach areas where price reacted within that D1 demand, not just having hit D1 demand, but lower timeframe areas (H1 or H4), where price reacted The top purple level was neither original nor fresh and would...

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Quoting panoramia

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My NZDUSD was also a loss But that's the way it is, sometimes we win, others we lose It would be very strange to see a thread or a system where all trades are winners, we need to see losers, we'll lose MANY trades, but that's fine! Yesterday we had a nice 125-150 pips EURUSD short which some of you took, today this NZDUSD short was a loss. We never know what's gonna happen, so we take the loss and on to another trade opportunity! NZDUSD is now at another H4 supply, there are 2 levels, level on top of level. Price could eventually react in...

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Quoting panoramia

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Hi Mfinab! On AUDCHF we're also on Monthly Demand. Fully penetrated. ...... {image}

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Quoting danzka

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{quote} Yeah, the risk is small but the potential reward is always good , a little evaluation for me after hitting the supply area the NZUSD did not bounce instead it stay there for more than 2 hours, so I think if such occurs again in the future trade it could be an indication that there's no actual supply/demand sitting in the zone, well just my theory

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Quoting panoramia

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That could work if you were trading lower timeframes. Remember that we're trading H4 charts. 2 hours is half of a H4 candle. Look at the levels, spend some screen time watchin the levels work, you will see that reactions are not always "touch and go", it may stay there for some ours or even days (in D1/WK levels) and then drop like a rock, price accummulates and distributes and then goes the way the big money has planned. Once a trade is set and triggered, we shouldn't touch it. You will regret most of the times if you do! Once the trade is in,...

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Quoting panamamike

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Keep in mind that there is a lot less order flow this time of year. I personally do very little trading in August.

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Quoting panoramia

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Planning a long trade on H1 demand on GBPJPY. Price bounced D1 demand, created several H1/H4 demand areas but no entries available. On H4/H1 previous supply had been absorbed, so we have a nice profir margin to go long at. Conegested H4 supply area, too much time at the area, easily absorbed, room to D1 supply. This H4 supply area was also resistance on the D1 chart. This is why it's not good to use SD areas with too much trading in the zone and having hit the D1 demand, they can be easily taken out. Trendlines are giving us the direction: up. Price...

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Quoting outapips

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Here is a current trade I'm in on the Aussie200 Index. Price has reached the weekly proximal line and I've entered on H1 confirmation trade .. will see how it goes {image} {image}

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Quoting Jackub

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HI guys I am new one to this thread, just ask you kindly if my SD zones are prepared correctly... Be so kind an verify please EJ Daily {image} EJ H4 {image} EJ H1 {image} thank you in advance...

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Quoting wbh

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I have sold the pound lets see what happens, charts explain.{image}{image}

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