Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Price Will Tell - Supply/Demand Price Action Trading 1,854 replies

Price Action + Demand & Supply Zone + Money Management 0 replies

Simple Supply & Demand 0 replies

Reading price bar by bar and identifying supply/demand levels 16 replies

Supply and Demand Levels 16 replies

Attachments: Price Action made simple with Supply and Demand levels
Exit Attachments

Price Action made simple with Supply and Demand levels

rtkwar-

DBD-Drop, Base, Drop

RBR- Rally, Base, Rally

Also RBD-Rally, Base, Drop
and DBR-Drop, Base, Rally
DBD and RBR are going to be your stronger set ups.
thank you gilamonster
i can't post any picture every time i click on upload link i back to home page forexfactory.com !!!
Hi Thomaas and Gilamonster,

Here's my setup and welcome comments.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.JPG Size: 89 KB
Gilamonster
i have some questions
whats you mean (this area is eaten up)?
and in your demand level on 1.60220 why you choose this level?
because i can't find any base there is just up candles or you juust depend on big candles and consider small candles as a base?
rtkwar- If you look down at the bottom below where you type your message there is a paper clip with attach files there. Try upload from computer if that is what you need. Make too that you have a file with your screen shots of your charts. Every platform that I have used will allow you to save a screen shot to your computer.

Hope this helps.
same problem even when i uploaded my pictures and when i click on insert i move to home page forexfactory.com
i will sleep now and i will try later
Clementngu-

This is a great area because large traders will see this as an area to load up for a big short on this pair.

The chart I have created with a couple of trades that I will monitor to enter in shows more in detail.

Great zoning by the way. Entry right where I am, stop nice, and your target is decent. Possiblity of a good target around 98.18 too.

Caution though: On the first zone I would be very active on taking profit if price starts moving out of that zone because if large traders start loading up the price could move back to 98.61 to fill the rest of their unfilled orders. Just a heads up.

Attached Image (click to enlarge)
Click to Enlarge Name: 01212013usdjpy.png Size: 60 KB
rtkwar-

Eaten up means that entry orders are mostly filled. So price will not have as much meaning to reverse at that point anymore.

As for my entry at 1.60220 that is where the begining of my demand level is.

Sometimes price will come within a couple of pips before your zone or just barely touch it and reverse the other way.

So I set my entry right on the price line closest to actual price. I know that price may even move into my zone a little bit and then reverse but I am fine with that. I am in the trade now.

I will not get out of my trade because price moves very close to my stop either because there were no emotions when I set up my trade and I will leave it be.

There are more things to watch out for but we won't worry about that until you have perfected your game. Just stay away from trading around news times with this type of trading until you can make quick decisions.

Here are some market routines i do before setting a trade. You try and compare with mine.

Attachment 1297225

Attachment 1297226

Attached Image (click to enlarge)
Click to Enlarge Name: 0610212013gbpusd.png Size: 39 KB
Sorry about the first two charts It should go like this
Attached Image (click to enlarge)
Click to Enlarge Name: 0410212013gbpusd.png Size: 47 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 0510212013gbpusd.png Size: 57 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 0610212013gbpusd.png Size: 39 KB
Quoting rtkwar
same problem even when i uploaded my pictures and when i click on insert i move to home page forexfactory.com i will sleep now and i will try later
I did a quick search on the forum and you are actually not alone. No reason found. Perhaps change a browser or restart computer might help.
GBPUSDH1,

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 38 KB
Quoting samsungs3
GBPUSDH1, {image}
Here's what I'm watching for GBP/USD.

The upper supply level @ 1.6220 has been used once. So I may not consider a short from there.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp:usd.jpg Size: 350 KB
Gilamonster---I read your itemized steps in drawing a level and think that I understand most of the method. But I can't quite visualize what a leg in, leg out, base configuration would look like. Could you please post a chart the demonstrates one or two such level examples? It will be much appreciated.
Quoting keroro0o0o
Hi Thomaas, Good work sharing the method. However, I feel you should give credits where its due for the source of the materials you obtained from here. Happy sharing, and happy learning. Chao
Quoting @mel
Hi Thomaas. I see that you used some images from an article I wrote for Read the Market. You're very welcome to use the entire article if you wish. In fact, there's a wealth of information on the site which will take learners far beyond the rudimentary use of supply and demand. As a courtesy though, be sure to credit RTM for any material you copy. Thanks so much Mel
Hi Thomaas,

You should clarify whether you took the images and rewrote articles from RTM and especially from Mel. Did you base your thread on their writings? All five of your vouches were obtained on this basis so it is important that you respond to such references. Your followers should know the original source of your "price action made simple".

http://readthemarket.com/index.php/c...-levels-by-mel
Attached Image (click to enlarge)
Click to Enlarge Name: 209 by Mel.png Size: 53 KB
Quoting anyone
{quote} {quote} Hi Thomaas, You should clarify whether you took the images and articles from RTM and especially from Mel. Did you base your thread on their writings? All five of your vouches were obtained on this basis so it is important that you respond to such references. http://readthemarket.com/index.php/c...-levels-by-mel...
At least attache the link "the article you copy" from, otherwise others will assume it was written by your good self.

Nothing made simple, unsubscribe.
Quoting anyone
{quote} {quote} Hi Thomaas, You should clarify whether you took the images and articles from RTM and especially from Mel. Did you base your thread on their writings? All five of your vouches were obtained on this basis so it is important that you respond to such references. http://readthemarket.com/index.php/c...-levels-by-mel...
Sure, it's simple. I had by mistake one image from RTM. I changed it.
I haven't invented this method. I learned it though Forexfactory threads, a bit of sam seiden videos, and friends.
You are right, I'll add this information at the beginning of the first post.


Quoting boy2boy
{quote} At least attache the link "the article you copy" from, otherwise others will assume it was written by your good self. Nothing made simple, unsubscribe.
I'm sorry to hear that.
1) I discovered RTM while reading this thread. We do talk about the same technique, but we do it differently.
2) It may not be a SUPER SIPMPLE technique, but for me it is simple. Just look for a strong price movement, and place an order when the price goes back there.
Hi thomas thanks for sharing this system.. still learning to identify supply and demand area... plus eliminating the weak area... keep it up.. looking forward to learn from you and the rest experienced trader in this thread...
Hi Thomaas don't be put off by some comments here. Your sharing in the right spirit.
RTM is a great site as is ACE GAZETTE. Both are supply demand education sites but come from different directions.
All good traders will learn from many sources and develop what works for them.
I am subscribed and will contribute when I can.
All the best mate.
0 traders viewing now