Supply and demand in a nutshell by Alfonso Moreno | Page 183 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #3,641
  • Dec 2, 2013 3:05pm Dec 2, 2013 3:05pm
Hi Alfonso,

I've some problem to determine where we are on the supply demand curve on the higher timeframe. How do we determine which are the supply and demand levels in control? For example if I have a potential level and price is breaking the previous supply, then this level is becoming a fresh demand zone, but then the price is making a higher demand zone when it breaks through the supply zone. Which zone is demand in control?
  • #3,642
  • Dec 2, 2013 4:55pm Dec 2, 2013 4:55pm
hi Guys

I thing i got the indi
Attached File(s)
File Type: zip II_SupDemMOD_WhiteBG_SolidFill.zip   55 KB | 1,155 downloads
passion and discipline
  • #3,643
  • Dec 2, 2013 5:39pm Dec 2, 2013 5:39pm
Quoting rohule
hi Guys I thing i got the indi {file}
I have found supply and demand indi, but not the support and resistance one so far (the dotted lines).
Do you have that or a link where I could download it?
Tnx
  • #3,644
  • Dec 2, 2013 10:05pm Dec 2, 2013 10:05pm
Quoting revival_fx
{quote} shabs19, i already have this indicator. Performs the same as the one for metatrader. There was another indicator he used. If you are on the 4 hour chart you see the last week's support and resistance. If you are on the daily chart you see last month's support and resistance. I've found the metatrader indicatory elsewhere on forex factory here: http://www.forexfactory.com/attachme...7&d=1378401580 I find it strange that forex tester doesn't have anything of the sort already.
Lobogabor, above is the metatrader version (ex4 only) of the indi. It originally comes from the forex trading coaches.

still no dll to be found.
  • #3,645
  • Dec 3, 2013 4:13am Dec 3, 2013 4:13am
Quoting dvarrin
Hi Alfonso, I've some problem to determine where we are on the supply demand curve on the higher timeframe. How do we determine which are the supply and demand levels in control? For example if I have a potential level and price is breaking the previous supply, then this level is becoming a fresh demand zone, but then the price is making a higher demand zone when it breaks through the supply zone. Which zone is demand in control?
Hello Dvarrin,

1st post describes supply and demand in control. There are webinars that can be seen on my youtube channel that show dozens of examples, you need to watch the videos, take your time to understand the logic, it's not something that can be said in 2 lines, it requires lots of screen time and dedication. But once you understand it, your whole trading will change. Every pair and scenario is a different thing, you need to watch hundreds of scenarios to start understanding how supply and demand in control works. I can't help there, you need to do your homework sorry

Alfonso
Set and Forget supply and demand trading community
  • #3,646
  • Dec 3, 2013 7:54am Dec 3, 2013 7:54am
Hi Alfonso and everyone

Alfonso, is it possible that u can create a chatroom, e.g. Skype room, where we can post several questions/validate if we are trading SD levels asper your definition?

I know you have emphasized that this informaion will take time to people who are new at this concept. The reason why I'm proposing this, if for newbies like myself to test in real time, with experts such as yourself, if our analysis is correct at particular point in time?
  • #3,647
  • Dec 3, 2013 7:56am Dec 3, 2013 7:56am
Hi Alfonso how r u?

Im testing the strategie and i like the program, but in order to do it correctly can you please share your spreadsheet?

thank you and have a good one
passion and discipline
  • #3,648
  • Dec 3, 2013 8:09am Dec 3, 2013 8:09am
Hi all,

I have found an opportunity to sell nzdusd on W1/H4 combo. Please check it and let me know is it correct or I have to take in to account other considerations too.
On the weekly chart the uptrend was solidly broken and the supply zone in control was touched. It means I can sell. I was waiting confirmation, becouse the weekly zone is wide. On the H4 entering TF the trend is down. I can drow 2 trendline between highs, but I am not sure which one is correct. If I use the bigger one I can sell at the higher supply zone in case the price break the actual 21 pip wide support zone, but it is not true in case of shorter (newer) trendline. How can I select the correct trend line?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusdh4.png Size: 51 KB
Click to Enlarge Name: nzdusdweekly.png Size: 52 KB
  • #3,649
  • Dec 3, 2013 9:11am Dec 3, 2013 9:11am
hi
Thank you for your post
I 'm studing your strategy but i don,t understand how do you calculate the width of the s/dn area. How do i decide how many pips are the S/D are large and how i can plot it?

Sorry for my english
thanks again!
  • #3,650
  • Dec 3, 2013 10:28am Dec 3, 2013 10:28am
Quoting Serijbok
Hi all, I have found an opportunity to sell nzdusd on W1/H4 combo. Please check it and let me know is it correct or I have to take in to account other considerations too. On the weekly chart the uptrend was solidly broken and the supply zone in control was touched. It means I can sell. I was waiting confirmation, becouse the weekly zone is wide. On the H4 entering TF the trend is down. I can drow 2 trendline between highs, but I am not sure which one is correct. If I use the bigger one I can sell at the higher supply zone in case the price break...
I have exactely the same doubt, but I think Alfonso uses the last one formed on the downtrend... (in this case the shortest)

My 2 cents and hope to read his opinion.
  • #3,651
  • Dec 3, 2013 10:47am Dec 3, 2013 10:47am
Quoting lucariga
{quote} I have exactely the same doubt, but I think Alfonso uses the last one formed on the downtrend... (in this case the shortest) My 2 cents and hope to read his opinion.
Thank you for your response. If the shortest trendline is valid then this trade is not valid, as the trendline was solidly broken and the trade is not in the trend direction. Am I right, or have I miss understood something?
  • #3,652
  • Dec 3, 2013 11:10am Dec 3, 2013 11:10am
Could someone post the supply and demand indicator for metatrader cause i have lost all my data ..please??
  • #3,653
  • Dec 3, 2013 2:52pm Dec 3, 2013 2:52pm
Quoting Serijbok
{quote} Thank you for your response. If the shortest trendline is valid then this trade is not valid, as the trendline was solidly broken and the trade is not in the trend direction. Am I right, or have I miss understood something?
I think you are right , but we NEED to wait for Alfonso's thought on this...
  • #3,654
  • Dec 4, 2013 6:07am Dec 4, 2013 6:07am
Quoting 81raffae
hi Thank you for your post I 'm studing your strategy but i don,t understand how do you calculate the width of the s/dn area. How do i decide how many pips are the S/D are large and how i can plot it? Sorry for my english thanks again!
Hi Raffae!

Widths of the SD zones, how to draw them, etc, is all explained on first post. You will see many webinars that show dozens of examples, you need to take your time and do your homework, it's gonna take you quite some time, don't despair!

Alfonso
Set and Forget supply and demand trading community
  • #3,655
  • Dec 4, 2013 6:14am Dec 4, 2013 6:14am
Quoting Serijbok
Hi all, I have found an opportunity to sell nzdusd on W1/H4 combo. Please check it and let me know is it correct or I have to take in to account other considerations too. On the weekly chart the uptrend was solidly broken and the supply zone in control was touched. It means I can sell. I was waiting confirmation, becouse the weekly zone is wide. On the H4 entering TF the trend is down. I can drow 2 trendline between highs, but I am not sure which one is correct. If I use the bigger one I can sell at the higher supply zone in case the price break...
Quoting lucariga
{quote} I have exactely the same doubt, but I think Alfonso uses the last one formed on the downtrend... (in this case the shortest) My 2 cents and hope to read his opinion.
I am also on that NZDUSD H4 trade, moved my SL to BE because there is some US news after NY Open.
One VERY important thing you are not doing. You have to not only read the rules on Post #1 but also understand them. There are plenty of videos and webinars that show examples about this. The D1 TF is in a downtrend, so also the H4 supply is within a D1 supply zone that goes with the D1 trend, with the monthly supply in control.

One of the rules clearly states:

  1. Trendlines will no longer be valid once a higher timeframe has been reached. Higher timeframes supply and demand areas are potential turning points in the market, so the Trendline is no longer useful or valid at these areas

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 84 KB



Like I said MANY times on the forum you need to read the rules, understand them, watch the videos, practice with Forex Tester for months and all kind of scenarios. Take your time, don't despair.

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd_d1.png Size: 121 KB

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd_h4.png Size: 118 KB
Set and Forget supply and demand trading community
  • #3,656
  • Dec 4, 2013 7:10am Dec 4, 2013 7:10am
Hi guys I am new to this method, trying to work through my learning curve.
1. I have a question concerning the MA-CCI indicators
What is the actual use of those in the strategy, or is it just mess on the screen?
2. I am also not clear on the D-W-M curve % usage.... not the theory, but what to look for exactly there providing I select the W-H4 or the D1-H1 combo?
What should I do when these are in minus?
3. ADR values - I know it is useful to know, but what exactly it is good for in this strategy? How to use it and how to react, when?
Anybody knowledgeable in any of these please advise or post the link of the video or training material describing it.
Tnx
  • #3,657
  • Dec 4, 2013 7:26am Dec 4, 2013 7:26am
Hi Alfonso,

I want to draw of 50% level of the supply/demand curve. Should we use the two proximal lines or the two distal lines? In the first post there is a picture using the proximal lines, but in one of your videos, I've heard we should use the distal lines. What is right?
  • #3,658
  • Dec 4, 2013 8:17am Dec 4, 2013 8:17am
Alfonso,

I hope you are great as always.

im testing some pairs now in the FT2 but is very hard to test the trades and taking in consideration the big impact news. if you dont take the news while testing why whe need to take a look at the news in live trading? i think that we need to trade in the same way as we tested rigth?

thank you and take care
Ps can you please share your spreadsheet so i can have a better data.
passion and discipline
  • #3,659
  • Dec 4, 2013 9:19am Dec 4, 2013 9:19am
Quoting lobogabor
Hi guys I am new to this method, trying to work through my learning curve. 1. I have a question concerning the MA-CCI indicators What is the actual use of those in the strategy, or is it just mess on the screen? 2. I am also not clear on the D-W-M curve % usage.... not the theory, but what to look for exactly there providing I select the W-H4 or the D1-H1 combo? What should I do when these are in minus? 3. ADR values - I know it is useful to know, but what exactly it is good for in this strategy? How to use it and how to react, when? Anybody knowledgeable...
Hey there!
Welcome to the thread...

Let me answer your 3 questions.
1. MA-CCI indicator, no use for the strategy really, it's just there as a visual aid to see how MAs are on all timeframes, 100 EMA. CCI is not used at all
2. There are plenty of information on how to use the curve, a couple of videos on how to use the timeframe combinations. Please watch them, study them over and over
3. I am not using the ADR or ATR for the strategy. I used to use it when I was doing intraday and/or scaling, now I am not.

Have a great day!
Alfonso
Set and Forget supply and demand trading community
  • #3,660
  • Dec 4, 2013 9:21am Dec 4, 2013 9:21am
Quoting dvarrin
Hi Alfonso, I want to draw of 50% level of the supply/demand curve. Should we use the two proximal lines or the two distal lines? In the first post there is a picture using the proximal lines, but in one of your videos, I've heard we should use the distal lines. What is right?
Only proximal lines. If you heard the distal it must have been my mistake, sorry for that. In the past when I created the HTF spreadsheet I used to use the distal line, but it was a mistake. We use the proximal lines to calculate the % of the curve.

Alfonso
Set and Forget supply and demand trading community
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