Set and Forget supply and demand trading community
Supply and demand in a nutshell by Alfonso Moreno
- #4,123
- Mar 24, 2014 1:51am Mar 24, 2014 1:51am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
sorry, my client is ctrader, i can still use these indicators with ctrader?
Indicators ONLY work on Metatrader 4. I never heard about ctrader, but I don't think it's Metatrader otherwise you'd have said Metatrader, so my answer is: I believe it won't work since it's not Metatrader Alfonso
Set and Forget supply and demand trading community
Did my first sell limit trade lastnight (set it and forget it) - using the Alfonso method, to the best of my present understanding of the rules. I really like the rectangle reader, works great.
Green line is my entery and the bottom red line was my TP. Just to ask Alfonso- will there be a recording of last nights webinar?
Thanks for your time.
Green line is my entery and the bottom red line was my TP. Just to ask Alfonso- will there be a recording of last nights webinar?
Thanks for your time.
Live today like theres no tomorrow-- Prioritize like you will die today
- #4,126
- Mar 24, 2014 9:30am Mar 24, 2014 9:30am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #4,128
- Edited 3:48pm Mar 24, 2014 3:32pm | Edited 3:48pm
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Did my first sell limit trade lastnight (set it and forget it) - using the Alfonso method, to the best of my present understanding of the rules. I really like the rectangle reader, works great. Green line is my entery and the bottom red line was my TP. Just to ask Alfonso- will there be a recording of last nights webinar? Thanks for your time. {image}
Your entry has already been overshot I believe, you were going against the trend and that's what usually happens when you go counter trend.
Alfonso
This is my long entry, I went long instead of short, I traded with the trend.
Set and Forget supply and demand trading community
- #4,129
- Edited 4:26pm Mar 24, 2014 3:37pm | Edited 4:26pm
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Hi Alfonso Thank for your new reponse. Today, I have tried to see NZDUSD. I really don´t know what happens with this pair. It takes a long time moving in a relatively short range. Many levels close together and it is like the pair is trying to break its record high. {image} {image} {image}
- Uptrend
- Downtrend
- No trend
Let me ask you a couple of questions, the ones you should have asked yourself when drawing a trendline, the ones you ALWAYS have to ask yourself:
- Are there 2 valid valleys where the second valley's second leg made a higher high than the first valley? NO, it's not possible. So an uptrend is not possible
- Are there 2 valid peaks where the second peak's second leg made a lower low than the first peak? NO, it's not possible. So a downtrend is not possible
Then, what trend do we have on NZDUSD Monthly chart if we can neither draw an ascending nor a descending trendline? NONE. SIDEWAYS.
In your case, you drew not one TL, but 3... how can that be possible? You have 3 uptrends? Strange pair
Alfonso
Set and Forget supply and demand trading community
- #4,131
- Edited 4:24pm Mar 24, 2014 3:44pm | Edited 4:24pm
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Hi Mr Alfonso and mates I want to share my USDCHF short, from Mn to H4 the trend is down, but in weekly we are in demmand zone, i took that H4 level because i see a nice imbalance and is supply zone in d1. {image} {image}
The EURUSD long was planned a week ago as soon as that D1 demand was created and got the right 2:1 RR imbalance, working nicely so far, which is always good news
See the attached entry on USDCHF:
See my entry on EURUSD:
Set and Forget supply and demand trading community
- #4,132
- Mar 24, 2014 5:35pm Mar 24, 2014 5:35pm
{quote} Congratulations Roberto on your USDCHF short my friend, there was a similar trade taken by a member. I no longer am trading USDCHF, just EURUSD. I am long on EURUSD, so the short on USDCHF is the same one but a mirror. The EURUSD long was planned a week ago as soon as that D1 demand was created and got the right 2:1 RR imbalance, working nicely so far, which is always good news
passion and discipline
{quote} Congratulations on your short on EURUSD. The only thing on that short is that you went against the rules. MN is up, WK is up, D1 is up and that H4 area you took is not valid supply because it didn't remove any demand. Glad that you had profit though! I just wanted to let you know that you didn't follow the rules. Winning is not the purpose, following the rules will make you profitable in the long run though. Your entry has already been overshot I believe, you were going against the trend and that's what usually happens when you go counter...
Thanks will study up
Live today like theres no tomorrow-- Prioritize like you will die today
- #4,135
- Mar 25, 2014 8:16am Mar 25, 2014 8:16am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
Hello Alfonso and all traders on this thread. I havent posted for a long time but absolutly keep track on your great work. Did I respect rules with this analisys on EUR/GBP? Thanks a lot. Learning so much. I am not good with this uploading so maybe charts are mixed
weekly
daily
monthly
Every accomplisment starts with decision to try.
- #4,139
- Mar 25, 2014 2:05pm Mar 25, 2014 2:05pm
Hello everyone,
@riddick
i know about the indicators on page 2 post 26, don't know if these are the latest.
@Alfonso
i'm trying to understand the rules correctly and have a question. What is the difference between those "supply zones"? The one of your webinar is one... you said chaine reaction, took out the area which took out demand (but no other demand). The other one from iamsovereign is not supply, but the drop before took out demand, right? if we go lower then is it not the same?
cu
@riddick
i know about the indicators on page 2 post 26, don't know if these are the latest.
@Alfonso
i'm trying to understand the rules correctly and have a question. What is the difference between those "supply zones"? The one of your webinar is one... you said chaine reaction, took out the area which took out demand (but no other demand). The other one from iamsovereign is not supply, but the drop before took out demand, right? if we go lower then is it not the same?
cu