Supply and demand in a nutshell by Alfonso Moreno | Page 167 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #3,321
  • Oct 23, 2013 5:46pm Oct 23, 2013 5:46pm
Quoting AnimalSpirit
EA to scale out automatically and manage the trailing stop and break even. Also an EA to send me an email with a screenshot of the entry and orders and an email on close or order moves. Place orders and play. Also trying the game of placing my orders where my stop would be, taking the money that I would be giving up. {image}
Hello there!
I wanted to ask you one thing. The posts you submitted do not follow the supply and demand methodology, the entries are not based on fresh SD areas, you don't do any multiple timeframe analysis, your entries are placed away from the levels. It's not following the methodology at all. You don't even mention the TFs you are using. We're not trading support and resistance, which you mention in your post, supply and demand is not support and resistance even though on some occasions they will match.

The main thing is that by looking at the charts you posted there is no logic as per the rules to enter those trades, if there is no logic then the rules on this thread are not being followed. We have to follow the rules on Post #1 as well as explaining the reason why. I see trades in the middle of nowhere, they don't follow the rules and will confuse others. So unless you want to follow the rules, please do not post other charts because it will not help others.

Thanks in advance!
Alfonso
Set and Forget supply and demand trading community
  • #3,322
  • Oct 23, 2013 6:30pm Oct 23, 2013 6:30pm
Quoting Gxp1
{quote} Hi, I think one should trade the TF suited to their risk tolerance or as dictacted by their trading capital ,the smaller TF will have smaller risk value as well as smaller profit gains but it allows one to take advantage of price imbalances as we know FX market is fractal.
Thank guys.

I lile to trade h4. I often find very descent set ups, i will stick with that and now i will test if i can use D1 for trend or stick with w1 amd h4.

Have a good one!
passion and discipline
  • #3,323
  • Oct 24, 2013 1:10am Oct 24, 2013 1:10am
EURCAD

WEEKLY
http://s21.postimg.org/ime0wujwn/screenshot_14.png



DAILY
http://s21.postimg.org/e1ruhx07b/screenshot_15.png


H4 LEVEL HAD TOUCH ON DEPARTURE BUT I THINK IT IS TRADABLE
H4
http://s21.postimg.org/q4x65hb9j/screenshot_16.png
  • #3,324
  • Oct 24, 2013 10:43am Oct 24, 2013 10:43am
Those who have been following my thread know how hard I’ve worked to try and help you all. Today my thread has been switched to Commercial by Forex Factory, luckily FF was kind enough to change the thread's name to what it's become, supply and demand in a nutshell.

It all started like a simple trade journal, but out of the blue in less than 4 months it became something very different to what I had initially created it for. The thread has grown to such an extent that I could have never imagined: more than 400k views in 5 months, more than 3k replies, +70 attendees in last webinars.

My thread is not a trading journal anymore; it’s a meeting point to help traders understand how supply and demand works, helping them to understand the rules of the forces that govern both the markets and our lives.

I’m really glad that so many are interested in understanding how the market works. However the fact is that after 5 months, the thread started to absorb my life, took me a lot of time to manage not only the thread but replying to dozens of daily private emails that hit my inbox. I’m afraid that the number of emails I will be receiving in the next weeks and months will not decrease, but increase.

Life is karma, life is a boomerang. Whatever you do in life, it will be returned to you 10 times bigger. This thread is changing my life in many ways, hopefully it will change many others as well, the emails I receive is an indication of that.

I am very happy and proud to have received such a huge welcome and all the private messages I get every day say it all. I will not refer to any of them; those who have written to me will know what I am talking about. I’ve had to take an important decision: if I want to keep on helping you and other traders. I was asked by some members to create a private area, I believed it was the best decision to take, both to help others in a more organized way as well as allowing be to get my spare time back while keeping intact my passion for helping others.

Other things happened during this 5 months that have forced me to take this decision. Many won't like this idea, others will, I can't make everybody happy, it's how life works after all and I can't, I won't try to change that.

What I am trying to do now is creating a community of supply and demand traders that trade by the same rules, preventing trader's minds from being clouded with different and similar approaches to the markets. The community will be a subscription-based forum where any serious trader is welcome if his attitude is appropiate, learning how to trade any strategy is a long process, if you are patient and willing to learn you will be welcome.

Trading is all about putting your emotions aside to prevent them from affecting your trading decisions. This is what the private area is about, setting and forgetting.

If the communty and forum idea appeals to you, and you are serious enough, you will be welcome at: www.set-and-forget.com

This is not a goodbye I will always do my best to give free support on this thread, but bear with me, put yourself on my shoes.

If you are interested in attending the Free webinars I will be organizing when I am available, please send me a private message or fill our this form: www.set-and-forget.com/free_webinars

Have a great day!
Alfonso
Set and Forget supply and demand trading community
  • #3,325
  • Oct 24, 2013 11:04am Oct 24, 2013 11:04am
Hmm after 167pages.
start private forum ?? on another website ?
and Membership cost €135.00 for first 3 months, then €45.00 for each one month ??

that smell to me like other "traders" that want making money from members.
they started on public forum with some great ideas and collecting customer base then they turn it on private forum with montly fees.

what is different on that website(except fees ) and on FF.
iam just curious.
  • #3,326
  • Oct 24, 2013 11:07am Oct 24, 2013 11:07am
Quoting adriann
Hmm after 167pages. start private forum ?? on another website ? and Membership cost €135.00 for first 3 months, then €45.00 for each one month ?? that smell to me like other \"traders\" that want making money from members. they started on public forum with some great ideas and collecting customer base then they turn it on private forum with montly fees. what is different on that website(except fees ) and on FF. iam just curious.
Believe what you want to believe Adrian! All information is on the site! I will not try to convince anybody! All is on the site! If you don't like that it's fine! Any of the members that are already a member of the site might tell you what is the difference, I am not going to be the one to do that since I am not going to try to convince you or anybody! If you know what a community is all about then you will know how different it will be. Nothing else to add!

Alfonso
Set and Forget supply and demand trading community
  • #3,327
  • Oct 24, 2013 11:23am Oct 24, 2013 11:23am
Quoting adriann
Hmm after 167pages. start private forum ?? on another website ? and Membership cost €135.00 for first 3 months, then €45.00 for each one month ?? that smell to me like other \"traders\" that want making money from members. they started on public forum with some great ideas and collecting customer base then they turn it on private forum with montly fees. what is different on that website(except fees ) and on FF. iam just curious.
I can answer your question very clearly.
The differnece is undivided support to the serious trader who learns the rules given for free but still need confirmation & time to learn from fellow traders all following the same strategy. If your making consistent money then there is no reason to join. But if you see the potential to make money trading but for some reason still cant make money trading then there are other issues at work like trading plan, emotions etc. This is where you can get your questions addressed fully & the support from all within this community. This is like a family but like Alfonso said it has taken so much of his time that there is no choice but to do it this way. No one is forcing anyone to join. We are just like minded traders filtered into a serious forum analysing the same way. The support is there to keep you on track. The free info is right here. Read it & apply it. Simple.
  • #3,328
  • Oct 24, 2013 11:37am Oct 24, 2013 11:37am
just cannot understand why now you want divide serious trader from others.
when from first post of this thread it was for all for free to help others.
and now you want traders to pay you for that.(this for me is constructed just for making money from members)

i see it every time.
  • #3,329
  • Oct 24, 2013 11:46am Oct 24, 2013 11:46am
Quoting Pro Trader
{quote} I can answer your question very clearly. The differnece is undivided support to the serious trader who learns the rules given for free but still need confirmation & time to learn from fellow traders all following the same strategy. If your making consistent money then there is no reason to join. But if you see the potential to make money trading but for some reason still cant make money trading then there are other issues at work like trading plan, emotions etc. This is where you can get your questions addressed fully & the support from...

well while no one expects anyone to spend a lot of their time helping others for no returns but using FF to prey on (yes harsh word but i think it is a correct one here) hopeful traders by showing them some promising future with no real numbers behind it. Charging non-trivial amount of money for something that may or may not even work for others certainly cant be called ethical way to dealing with people.

Clearly the cost of running website is not 45 euro per new member. Probably costs 100/month for hosting service in total. Just so everyone can see, the way this private forum business works is get 100-500 paying members and generate 4500 - 25000 per month from doling out advice which may or may not work for people to make money from trading.

For all we know, alfonso is a terrible trader in real life and posted all these concepts just as a rehash of many others S&D material available on FF/web. Its is hard to think this was not a thought out business plan to make money selling education and not really genuine help to anyone but self.

good luck alfonso with your selling traders education business.
Think : Trade : Live Life
  • #3,330
  • Edited 12:08pm Oct 24, 2013 11:50am | Edited 12:08pm
Quoting adriann
just cannot understand why now you want divide serious trader from others. when from first post of this thread it was for all for free to help others. and now you want traders to pay you for that.(this for me is constructed just for making money from members) i see it every time.
i think all these people should just come out and say it clearly that they now want to cash on the effort they put in creating a following here. Better yet, they should put that in the first post itself when they start that this is their intention.

Unless someone gets to see alfonso and other's trading statement showing good returns over at least a year or so following this method, it would be foolish to pay to just learn what you can practically learn anywhere on the web for free/almost free.
Think : Trade : Live Life
  • #3,331
  • Edited 12:09pm Oct 24, 2013 11:58am | Edited 12:09pm
Quoting adriann
Hmm after 167pages. start private forum ?? on another website ? and Membership cost €135.00 for first 3 months, then €45.00 for each one month ?? that smell to me like other \\\"traders\\\" that want making money from members. they started on public forum with some great ideas and collecting customer base then they turn it on private forum with montly fees. what is different on that website(except fees ) and on FF. iam just curious.

The man has a life bro, he's been very helpful to the majority of traders in the forum. With time, the thread is growing rapidly, he cannot sustain to answer us on the thread, e-mails and private messages, that will be very stressful on his part, would you agree?

He's been honest to all of us all the way.

I have been following the thread since the start (when the pages are still single digits). This thread is the reason why I registered to become a member of FF in the first place. Why? because I believe that this thread will change my trading norms. I never knew Alfonso personally, but we are very lucky from him to see a Supply & Demand Thread that gives full detail to understand and follow properly the rules hidden on this method with a full support of multiple webinars from how to use the indicators to understanding the method itself. Tell me if there are other threads here in FF doing the same thing as Alfonso is sharing to us?

No one is forcing anyone to join. it is each individuals decision to choose what is best for him / for his trading.

As have said again on the post of Alfonso. The thread will continue, webinars will still be conducted and be posted on this thread.

I hope we understand what is being meant by the Thread Starter.

Respect.
SMT, IPDA, Market Structure
  • #3,332
  • Oct 24, 2013 12:28pm Oct 24, 2013 12:28pm
Quoting stt
{quote} well while no one expects anyone to spend a lot of their time helping others for no returns but using FF to prey on (yes harsh word but i think it is a correct one here) hopeful traders by showing them some promising future with no real numbers behind it. Charging non-trivial amount of money for something that may or may not even work for others certainly cant be called ethical way to dealing with people. Clearly the cost of running website is not 45 euro per new member. Probably costs 100/month for hosting service in total. Just so everyone...
Just like Pro Trader says- all the info is here and its free ,you can use it to trade and decide for yourself if its profitable or not.Alphonso has show us a path and the logic behind it also dont forget its only one of the ingredient of a succesfull trader, money management and psychology is up to you. How many of the members in this forum is prepared to invest time to educate others?
It is regretable is that there are people out there who dont appreciate what Alphonso has contributed , it is due to him that many of us now look at the market differently. I would not be surprised that he walks away totally from this forum,he doesnt need the agro. We all would have lost somethig worthwile then.
  • #3,333
  • Oct 24, 2013 12:32pm Oct 24, 2013 12:32pm
Have some respect from the creator of this forum, it is one of the rules for this thread. You may disagree with Alfonso but that doesn't mean you need to bash him as a trader. What does that say about you? I am happy for Alfonso. I have been following this forum for only 2 months and I already have seen improvements in my trading. He is responsive to personal emails and is a great teacher. Try to put yourself in his place and understand that, like most of us, he is trading to live a life of freedom. He wanted to share is success and this is what it has come too. When he offered a subscription based forum I joined without hesitation and I have yet to be disappointed. I have received far more then my money's worth in 2 weeks of joining the subscription forum then the free forum.
  • #3,334
  • Oct 24, 2013 12:32pm Oct 24, 2013 12:32pm
Quoting stt
{quote} well while no one expects anyone to spend a lot of their time helping others for no returns but using FF to prey on (yes harsh word but i think it is a correct one here) hopeful traders by showing them some promising future with no real numbers behind it. Charging non-trivial amount of money for something that may or may not even work for others certainly cant be called ethical way to dealing with people. Clearly the cost of running website is not 45 euro per new member. Probably costs 100/month for hosting service in total. .
Agree if this on first post would be Commercial nobody will be looking on it.
and if it would be commercial everybody will be asking him for some proof of this stuff.
now thread has 167p and it looks promising for new members.

I am wondering how FF can Switch Public Journal Thread to COMMERICAL ???

Isko.
it was from first post aimed to be Private forum(unfortunatelly now i know it)
yes this thread will be continue promote in webinars private forum.
why he started this as his PERSONAL JOURNAL ? and then switch it to paying stuff.
would be better to put some DONATE button on his website. and ppl willl like to pay some money for spending his time on some webinar.
  • #3,335
  • Oct 24, 2013 12:33pm Oct 24, 2013 12:33pm
Alfonso

I, for one, appreciate the time you've invested in this thread and I wish you success with the new community/forum. Best of luck for the future.

Huk
  • #3,336
  • Oct 24, 2013 12:35pm Oct 24, 2013 12:35pm
Quoting Gxp1
{quote} Just like Pro Trader says- all the info is here and its free ,you can use it to trade and decide for yourself if its profitable or not.Alphonso has show us a path and the logic behind it also dont forget its only one of the ingredient of a succesfull trader, money management and psychology is up to you. How many of the members in this forum is prepared to invest time to educate others? It is regretable is that there are people out there who dont appreciate what Alphonso has contributed , it is due to him that many of us now look at the market...
While i found out this thread only few days ago so cant say much about content here but at first pass it looks worthwhile to read and see if it works for someone.

My comment was only about the "bait and switch" nature of this. I agree not many take time to create a thread and nurture it to allow constructive discussions. However if the intention is to be able to cash on it later on, i have no problem with that either just that it would be ethical to state that upfront.

I am sure FF has seen this many times thats why they dont allow deleting/editing old posts (after some time).

And as for alfonso walking away completely, believe me that sooner or later his contributions here would be reduced to mainly redirect nubiles to his *paid* site.

but i agree that with this thread he certainly have educated some people here who are probably benefiting by the topics discussed here.
Think : Trade : Live Life
  • #3,337
  • Oct 24, 2013 12:40pm Oct 24, 2013 12:40pm
By the way, I am always surprised at how bitchy people can be on this site. Nobody owes you anything. If ideas are presented here, ultimately it's up to YOU to decide if they have merit. Do the work....

Huk
  • #3,338
  • Oct 24, 2013 3:19pm Oct 24, 2013 3:19pm
Quoting adriann
just cannot understand why now you want divide serious trader from others. when from first post of this thread it was for all for free to help others. and now you want traders to pay you for that.(this for me is constructed just for making money from members) i see it every time.
My answer is the same Adrian, see what you want to see, believe what you want to believe. One's life is what you think, your mind is on top of everything. I can't control what you or others think about me or my projects, or why I did this or I did that. Pure physics. If I can't control what others think about me, then I have no reason to worry about it.

Life continues and whatever I do or think, whatever you or others think about all this, will not have any effect on the consequences. No matter what you do there will be always people that support you and others that will never support you, no matter how good or bad you do it, it's human nature! We can't control human nature, so I am happy about it! I carry on with my passions, and if you didn't realize yet, I do have passion for all I say and do, with no business in mind. But if you can't see that, then I can't do anything about it.

Have a great night!
Alfonso
Set and Forget supply and demand trading community
  • #3,339
  • Oct 24, 2013 3:22pm Oct 24, 2013 3:22pm
Quoting stt
{quote} well while no one expects anyone to spend a lot of their time helping others for no returns but using FF to prey on (yes harsh word but i think it is a correct one here) hopeful traders by showing them some promising future with no real numbers behind it. Charging non-trivial amount of money for something that may or may not even work for others certainly cant be called ethical way to dealing with people. Clearly the cost of running website is not 45 euro per new member. Probably costs 100/month for hosting service in total. Just so everyone...
Thanks for wishing me good luck, same to you STT! It is clear to all that your own time has no value for you!
Have a great night!
Alfonso
Set and Forget supply and demand trading community
  • #3,340
  • Oct 24, 2013 3:27pm Oct 24, 2013 3:27pm
Quoting stt
{quote} i think all these people should just come out and say it clearly that they now want to cash on the effort they put in creating a following here. Better yet, they should put that in the first post itself when they start that this is their intention. Unless someone gets to see alfonso and other's trading statement showing good returns over at least a year or so following this method, it would be foolish to pay to just learn what you can practically learn anywhere on the web for free/almost free.
If you can learn this everywhere on the web why are you reading this thread in the first place and contributing with your own time and posts?
Show me one single web site where rules are explained in as much detail as this. Show me a web site where setups are pre-planned before they happen and they are posted before they happen, shown while they happen, winners and losers.

Will not answer any more of these posts, I will keep on helping others, which was the original purpose of the thread, will not enter in any arguments. Those who appreciate the time and effort will know what they can do if they want to do it.

Alfonso
Set and Forget supply and demand trading community
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