Learn and Share your Trades using Charts and S/D Levels

Clementgnu-

Just a reminder.

I know that you are looking for Supply Zones, but I just want to show everyone that the process is reversed when looking for Demand Zones.

I will be using your charts as an example.

AUD/USD 1hr and 30 min.

Do you find this zone compelling?
I loved it because of imbalance but didn't trade because it above 0.300 line

duke789-

Yes the zone is compelling and obvious but I would check it out on a 15min or 30 min chart for a short term day trade.

A "Swing" High and Low will be your curve.

It will be obvious and each end will be at the top and bottom of your chart most of the time.(look at my example)

If you find a "swing" High and Low on a 4hr chart or any chart lower than that, and it is only in the middle of the chart screen, then I would suggest looking at a shorter time frame.

You can trade them but the probability goes down and the reward goes down because your curve highs and lows are shorter.

But you could scalp or short term trade these areas, just make sure to look for entries on shorter time frames.

Thank you Gilamonster
But I am still not clear about how you choose swing high and low for the curve
For example, you follow red or green Fibonacci line and why?
Thank you so much

duke789-

Good to see you have fixed the imput of your fib. tool.

The green curve is not valid because price at that time never made a new high yet.

Its curve would have been shorter but its swing H/L would have been at the top and the bottom of the screen.

The blue curve was the valid one.

But as of now, it is void because all of the obvious and compelling zones have been eaten up.

The red curve is still valid and I have an example of a D/Z.

Attention Everyone-

I checked and monitored my charts for new entries from Sunday open.

I am in a Long position on USD/JPY.

Now U/J is in a long term down trend on the Daily chart.

I have monitored it from when the order was triggered because it is considered a counter trend move according to my trade plan.

I have now taken 1/2 profit at 102.42.

I am now comfortable to let it do what it needs to do over night because I am positive in my trade by 24pips if it goes against me.

Hi Gilamonster
Thank you for your USDJPY analysis
I've found AUDUSD zone
Long term downtrend, and H4 zone looks nice

duke789-

I have been trying to get this message sent off for several hours now.

FF needs to fix something on their side because i can reply to other threads and comment anywhere else just fine.

But on this thread I can not get anything done.

But I have found a way by to get this sent to you.

I do like your area but it was just recently almost hit.(still watch though)

I have also drawn in a couple differnt zones as well.

Attention everyone-

I was stopped out for a profit on my second 1/2 on my USD JPY trade.

I had moved my stop to 102.80.

The slides are 28, 29 and 30

Hi Gilamonster
What I missed today

duke789-

Don't worry we have another setup in usd/jpy.

I have marked three zones for you thatI am looking at personally.

Hello Gila. I have a question for you about confirmations. Do you trade directly in zone or you wait for some pullback, PA, alternatively wait for pop by price key levels near to SD ?

Another good zone works
NZDUSD H4

Attention Everyone-

I am currently in a USD/JPY short.

I will be monitoring this thing closely.

Check it out.

mk89-

Great question!

Thank you for asking, I have drawn everything out on a chart for you.

Remember that I will usually only take zone entries at the extreme on the curve and it has to be a zone on top of a zone.

Let me know if you need more information on this.

Attention Everyone-

I just took my full profit for my U/J short.

I felt nervous about the trade so I got out.

I have a rule to not let my emotions run my trades.

I am not allowed to re think my trade, and when I do this I am suppose to get out.

Luckly for me this was a profit but I was wanting to my move my stop too so I felt.

I was more worried about my profit than my risk.

I was telling myself " to not lose what I have gained".

See I just loaded my account with a little more risk capital because I have excelled enough for the next level of my trading.

So I need to fine tune my emotions and keep trading how I was.

This is a rule I have and I will follow my trade plan according to what is given to me and i will not make up what is not yet valid on the charts.

(note: I just noticed that post 115 chart says that my first entry was at the distal line. It was the Proximal line.)

See I am done for this evening.

Here is my trade and analysis on slides 31,32 and33

hello gila
i have a question regards the way u draw ur zones.
for example ur last trade, the uj:



when i look at that chart, the marked area pops up to me as the origin of the move-RBD

u marked the DBD area.

dont get me wrong, im obv not trying to tell u its wrong, since i noticed also in other trades that u marked that way and it did work verry well
do u consider this area as level on top of level? do u even consider the marked area as a level?
can u explain a little in which cases u preffer the lower area instead of the top one?

hope its not to many questions

thax again for this thread and for the time u put into it!!!

ag77-

Thanks for the questions.

I don't take every trade set up like this, but a few things compelled me to investigate if this would be valid for a short term trade.

1. The daily chart has turned to a downtrend.
2. The move stood out for me and it was significant(I don't place pips to calculate signifcant, must be a large encouraging candle)
3. The main origin of the down move was where I needed to look now.
4. This movement was low on the curve and the base candle wasn't strong. I now have two reasons to "scalp" this area.
5. So I change strategies to a short term day trade(30 minLTF,5minITF and 1minSTF)
6. I already know what the 30 min chart will tell me so I open up my 5 min chart
7. I look for the origin of the strong move by using date and price.
8. I now look for a zone on top of a zone with the strongest move leaving from the DBD.
9. No zone on top of a zone NO TRADE..
10. For the rest of my trade entry I will folow my original zone on top of a zone rules except one factor, I am not allowed to scale in because this is a shorter term trade entry.

couldnt ask for better answear tyvm!!!

since u answear the questions here so well, i have to ask another one

do u take in acount that the area is a flip zone?

maybe i can answear myself here, since all of the strong moves i found was from a flip zones, but im not sure about that.

ag77-

I enjoy this, thanks.

But, I have to be honest. What is the definition of flip zone?

Is it a counter corrective move based on the long term trend, or is it a corrective move?