Supply and demand in a nutshell by Alfonso Moreno | Page 177 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #3,521
  • Nov 12, 2013 3:47am Nov 12, 2013 3:47am
Quoting isko
{quote} gigiocean, here you go. {image} try to read also the BUY LOW, SELL HIGH (in the curve or range) in post # 01.
Thanks Isko..
  • #3,522
  • Nov 12, 2013 9:17am Nov 12, 2013 9:17am
Quoting Abzozo1
Good job, Alfonso, very good job. I've been using indicators without success and somehow I found myself in Sam Seiden's posts on youtube.com. I'm going to start at the beginning again. with this topic and will definitely be part of your forum.
Thanks for your kind words, I am glad that I can help and all the information provided is allowing you to see things clearer!
Have a great day!
Alfonso
Set and Forget supply and demand trading community
  • #3,523
  • Edited 9:42am Nov 12, 2013 9:30am | Edited 9:42am
Quoting Irad
Hello Alfonso, I just went over the last webinar:nerd:, I wonder about one thing - I watched untill GBPUSD trade now you use TL to filter trade based on 2 last peaks in order to be more relative to market condition as you said in that webinar, on that particular trade you could use 3 different ways of drawing TL, in that trade I see you haven't use last 2 peaks but the previous peaks in order to filter the broken TL trades, you would have filter that successful trade probably if you'd used the last 2 peaks, how have you decided not to consider that...
Hi Irad,
The top TL is not valid, we need to valleys, 2nd one making lower lows, it's all on the Post #1 rules. We need a full candle OCHL to close above a desceding TL, not just candle close, it's all in the rules. I believe that short was posted over here by Isko, I took it as well together with others on the forum. I was short from D1 supply bouncing off MN supply, and scaled in on that H4 supply.

I didn't miss the H4 short, in fact I took it together with others like Isko. But if the TL filters good trades sometimes, what is the problem? There will be many other opportunities on other pairs, who cares!
Alfonso

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Set and Forget supply and demand trading community
  • #3,524
  • Nov 13, 2013 2:54am Nov 13, 2013 2:54am
Quoting panoramia
{quote} Hi Irad, The top TL is not valid, we need to valleys, 2nd one making lower lows, it's all on the Post #1 rules. We need a full candle OCHL to close above a desceding TL, not just candle close, it's all in the rules. I believe that short was posted over here by Isko, I took it as well together with others on the forum. I was short from D1 supply bouncing off MN supply, and scaled in on that H4 supply. I didn't miss the H4 short, in fact I took it together with others like Isko. But if the TL filters good trades sometimes, what is the problem?...
okay, I see what you see now,
and once you are in a trade you don't care about the close of the candle above the descending TL in matter of exiting the trade, because you already in it ?
  • #3,525
  • Nov 13, 2013 9:32am Nov 13, 2013 9:32am
Hi Alfonso

Excuse I'm new to your thread and have been doing some reading, u mention on page one

"Use the trendline idea you can watch on the videos, use the Supply and Demand spreadsheet I created, as well as the rectangle extender indicator, that should put you on the right track in a few weeks.

I'm not sure where is the Supply and Demand spreadsheet, a i have downloaded your indicators. Can you please direct me.


Abzozo
  • #3,526
  • Nov 13, 2013 10:42am Nov 13, 2013 10:42am
Quoting Abzozo1
Hi Alfonso Excuse I'm new to your thread and have been doing some reading, u mention on page one "Use the trendline idea you can watch on the videos, use the Supply and Demand spreadsheet I created, as well as the rectangle extender indicator, that should put you on the right track in a few weeks. I'm not sure where is the Supply and Demand spreadsheet, a i have downloaded your indicators. Can you please direct me. Abzozo
Hi Abzozo,

The SD spreadhseet is on another thread I created, right here http://www.forexfactory.com/showthread.php?t=424894


Alfonso
Set and Forget supply and demand trading community
  • #3,527
  • Nov 13, 2013 10:43am Nov 13, 2013 10:43am
Quoting Irad
{quote} okay, I see what you see now, and once you are in a trade you don't care about the close of the candle above the descending TL in matter of exiting the trade, because you already in it ?
Exactly! Once I am in the trade with validated rules it's not a problem. If after I am in the trade there is a full OHCL candle I can't do anything about it, I am in for the good or the bad

Alfonso
Set and Forget supply and demand trading community
  • #3,528
  • Nov 13, 2013 1:34pm Nov 13, 2013 1:34pm
hi guys

this is a trade that im holding, we are low in the curve and the price retest the cp pattern so im long.

another thing that i want to duscusse with you guys,http://fxtrade.oanda.com/lang/es/ana...al-open-orders what do you thing abouth this information? im using it to spot big levels of orders

have a good one
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passion and discipline
  • #3,529
  • Nov 13, 2013 3:13pm Nov 13, 2013 3:13pm
Quoting rohule
http://fxtrade.oanda.com/lang/es/ana...al-open-orders what do you thing abouth this information? im using it to spot big levels of orders have a good one {image}
A few things to consider regarding the Oanda open orders:

1. Who moves the markets ? Individual traders or Institutions ?
2. Oanda's clients, Individual traders or Institutions ?
3. The percentage of individual traders that fail ? Around 95% .
  • #3,530
  • Nov 13, 2013 9:42pm Nov 13, 2013 9:42pm
Hello Alfonso...can you tell me where i can find the code for the supply and demand indicator...i would like to make some customization on it...!!
  • #3,531
  • Edited 10:38pm Nov 13, 2013 10:26pm | Edited 10:38pm
Quoting Kaloko
Hello Alfonso...can you tell me where i can find the code for the supply and demand indicator...i would like to make some customization on it...!!
All the supply/demand indicators out there are actually for support/resistance. Often they happen to show supply and demand areas, but often they just show the pivot points from zigzag. You are better off to code the indicator from scratch. Rules for supply and demand are quite clear to follow.
Attached File(s)
File Type: mq4 II_SupDem v2.mq4   29 KB | 998 downloads
  • #3,532
  • Nov 14, 2013 6:27am Nov 14, 2013 6:27am
Quoting FxSwordfish
{quote} All the supply/demand indicators out there are actually for support/resistance. Often they happen to show supply and demand areas, but often they just show the pivot points from zigzag. You are better off to code the indicator from scratch. Rules for supply and demand are quite clear to follow. {file}
I don't want to change the rule set for supply and demand i just want to add the ability
to send me an email when a new zone is created!!!
This Supp_Dem indicator is a bit different from Alfonso's indicator isnt it??
  • #3,533
  • Nov 14, 2013 7:32am Nov 14, 2013 7:32am
Quoting Kaloko
{quote} I don't want to change the rule set for supply and demand i just want to add the ability to send me an email when a new zone is created!!! This Supp_Dem indicator is a bit different from Alfonso's indicator isnt it??
They are only different in appearance. The one on the left is Alfonso's Supply Demand Zones.
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  • #3,534
  • Nov 14, 2013 7:54am Nov 14, 2013 7:54am
Quoting FxSwordfish
{quote} They are only different in appearance. The one on the left is Alfonso's Supply Demand Zones. {image}
Okey thank you very much...i will try to implement this indicator then...!!!!
Thank you a lot!!
  • #3,535
  • Edited 3:21pm Nov 14, 2013 12:49pm | Edited 3:21pm
Quoting Lou
{quote} A few things to consider regarding the Oanda open orders: 1. Who moves the markets ? Individual traders or Institutions ? 2. Oanda's clients, Individual traders or Institutions ? 3. The percentage of individual traders that fail ? Around 95% .

Hi Lou

thanks for your reply, at first instance i was thinking that way, but the COT report its kind se same, its a statistically valid sample of the market. and regarding the percentages that is correct, but the entry is the less important part in trading, the exit is the key, i dont know where are their stop losses or the leverage they are using, i only want to know the levels where will be more liquidity and compair it with my leves.


have a good one
passion and discipline
  • #3,536
  • Nov 14, 2013 10:25pm Nov 14, 2013 10:25pm
Hey Fellas, just stopping by the thank Alfonso and everyone participating in this thread. My trading has VASTLY improved since I've implemented this strategy as primarily my main trigger for trades. Hope to become more active in the future as we the benefits of Supply and Demand.
Greatness exists in all of us.
  • #3,537
  • Nov 15, 2013 6:14am Nov 15, 2013 6:14am
Quoting UpComerFX
Hey Fellas, just stopping by the thank Alfonso and everyone participating in this thread. My trading has VASTLY improved since I've implemented this strategy as primarily my main trigger for trades. Hope to become more active in the future as we the benefits of Supply and Demand.
Glad to hear that your trading has improved vastly, that is encouraging! Thanks a lot for sharing that!

Have a great weekend!
Alfonso
Set and Forget supply and demand trading community
  • #3,538
  • Nov 16, 2013 5:49am Nov 16, 2013 5:49am
Howcome all the decent threads get thrown into the commercial content part of the site?
  • #3,539
  • Nov 16, 2013 11:10am Nov 16, 2013 11:10am
Quoting GDR3k
Howcome all the decent threads get thrown into the commercial content part of the site?
Not sue if your comment is 'tongue in cheek' but it is because the starter of the thread now operates a separate non FFF site where subscribers pay to join.
  • #3,540
  • Nov 17, 2013 5:00am Nov 17, 2013 5:00am
Hi there Alfonso and fellow traders,
After studying the 1st post a lot of times,I'm now facing a new problem. I hope you guys can help me out.


I want to do my analysis to set and forget and write them down on my notebook,if there is a valid setup then take it and if not then do not do anything at all and turn off the platform. I think this is a very good way to track my progress and manage my emotions because everything is write down on the paper and just act based on it. I've tried to do that for several times but my mind is somehow still confused about what to analyze or what to note down. For example I'm using Wk/H4 combination,when I open the Wk chart I write down about where price is on the curve,where did price bounce from and then switch to the H4 chart to see if there are any S&D zones that validated,if not then move onto another pair. But sometimes,price on the WK chart didn't bounce from anything,it's just come close to S or D zone and then drop/rally so I have no idea what to note down. And a few more things like that.

So can anyone give me the outline or a simple example on what to note down or what you looking for when your trading day start,it will be a great help to my learning. Thank you for your help traders. Have a good day.
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