Supply and demand in a nutshell by Alfonso Moreno | Page 208 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #4,141
  • Mar 25, 2014 11:09pm Mar 25, 2014 11:09pm
  •  Ravelt
  • | Joined Feb 2013 | Status: The Closer You Look The Less You Se | 194 Posts
How to turn off that alert ?
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  • #4,142
  • Mar 25, 2014 11:34pm Mar 25, 2014 11:34pm
Quoting Ravelt
How to turn off that alert ? {image}
You are not using the latest indicators provided in the link in Post #1. You have to sign up on the form in Post #1. You installed old indicators that use libraries for some functions and with new MT Build 600 it produces those popups.

So install the latest version by filling out the form in Post #1.
Alfonso
Set and Forget supply and demand trading community
  • #4,143
  • Mar 25, 2014 11:36pm Mar 25, 2014 11:36pm
Quoting JoeMcCool
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? {image} {image} cu
Hello Joe,

The one on the screenshot attached (MN chart) marked as supply, took out a valid MN demand. On the EURUSD chart, the H4 supply DID NOT take any H4 demand so it's invalid. A zone must remove opposing SD zone to get validated. That does not mean that the newly validated zone is valid for a trade IF that zone is too high or low in the curve. You need to have profit margin and be at a good height.

Alfonso
Set and Forget supply and demand trading community
  • #4,144
  • Mar 25, 2014 11:45pm Mar 25, 2014 11:45pm
Quoting larra
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 {image} weekly {image} daily {image} monthly
Hi Jasmine!
Nice yo have you back

You made your analysis pretty well, congratulations A couple of things, hope that they make sense to you:

  1. You missed the D1 CP demand that removed supply on the left, that is the one holding price right now, then lower

Attached Image (click to enlarge)
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  1. A CP pattern of demand can be considered in control of price on the TF where it's detected IF the TL is holding, else a CP is never used as zone in control, only valleys and peaks (extremes)
  2. what do you think the trend is on MN chart? 1 supply zone has been removed and now price has made a lower low. Higher highs then lower low, what is that?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 394 KB
Set and Forget supply and demand trading community
  • #4,145
  • Mar 26, 2014 12:26am Mar 26, 2014 12:26am
Hello everyone

I Just need to ask/confirm something quickly, see attached chart.

Is ok to say that price might not bouce back ( go short) at supply zone marked 2 (invalid supply zone) as price, marked 3, didnt go beyond ( pierce) price marked 1?

Kind regards

Abzozo
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp 1 hour supply zone.png Size: 98 KB
  • #4,146
  • Mar 26, 2014 12:40am Mar 26, 2014 12:40am
Quoting Abzozo1
Hello everyone I Just need to ask/confirm something quickly, see attached chart. Is ok to say that price might not bouce back ( go short) at supply zone marked 2 (invalid supply zone) as price, marked 3, didnt go beyond ( pierce) price marked 1? Kind regards Abzozo {image}
EXACTLY. Price did NOT remove opposing demand marked as 1, ALSO very important... Zone 1 is NOT demand because it did not remove supply. If zone 1 removes zone 2 it will not have removed supply either, it's all a chain reaction.

ALSO, EURGBP is got a D1 uptrend, you'd be trying to sell into D1 demand zone (too low) and using a non-valid supply because it did not remove demand.
The main problem here is that you are using the automatic SD indicator, this indicator DOES NOT follow the rules, so you will see blue/red and you will think they are valid zones, but most are not, you need to take into account the trend, higher timeframe SD zones in control, etc. H4 is in consolidation then.

Hope it makes sense.
Alfonso
Set and Forget supply and demand trading community
  • #4,147
  • Mar 26, 2014 12:50am Mar 26, 2014 12:50am
Thanks for reply Alfonso, I noticed that the D1 is in uptrend. I thought of drawing the zones manually ( with rectangle reader) so as to practice noticing valid demand and supply zones.

I'll keep posting charts to keep learning more.

Thanks

Abzozo.
  • #4,148
  • Mar 26, 2014 1:22am Mar 26, 2014 1:22am
  •  Ravelt
  • | Joined Feb 2013 | Status: The Closer You Look The Less You Se | 194 Posts
Quoting panoramia
{quote} You are not using the latest indicators provided in the link in Post #1. You have to sign up on the form in Post #1. You installed old indicators that use libraries for some functions and with new MT Build 600 it produces those popups. So install the latest version by filling out the form in Post #1. Alfonso
Thanks it works can't wait to demo it.
  • #4,149
  • Mar 26, 2014 1:27am Mar 26, 2014 1:27am
Thank you Alfonso for your answer . On the monthly one thing is confusing to me. I saw lower highs and lower lows - downtrend by that definition. But in this sistem I thought we need to remove opposite sup/dem zone. Here is that monthly chart

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daily
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thanks in advance but that is what confuses me , specially on monthly
Every accomplisment starts with decision to try.
  • #4,150
  • Mar 26, 2014 4:11am Mar 26, 2014 4:11am
Hi Alfonso


Thanks for your last reponse.

Already in my comments on the previous pair I looked strange . Today I tried to analyze the AUDUSD and I hope that it is better made than the last one.
According to the analysis made, I ​​think than:
AUDUSD Monthly is downtrend
AUDUSD Daily is uptrend
AUDUSD 4h is uptrend

I hope your comments about the analysis made,

Thanks for everything
Attached Image(s) (click to enlarge)
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  • #4,151
  • Mar 26, 2014 4:26am Mar 26, 2014 4:26am
Its a very difficult and confusing for me to understand... When I watch whole 2 hour video I get confused . I try to learn step by step many times but unable to understand ... very confusion for me .. and I thin there is no easy way to understand .
  • #4,152
  • Mar 26, 2014 4:53am Mar 26, 2014 4:53am
Hi Alfonso:

Do you consider levels on the 4 hour which are created by news? E.g. Fed day, US jobs numbers, AUD jobs number, CAD data tend to create levels.

Provided trend conditions are met, are these levels created by news valid? Or should we stay away from them?

Thank you
  • #4,153
  • Mar 26, 2014 6:53am Mar 26, 2014 6:53am
Hi Alfonso and Friends,

I just wanted to share my EUR/CAD lond on h4, i just got trigered and lets see how it will perform.
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.PNG Size: 61 KB
passion and discipline
  • #4,154
  • Mar 26, 2014 8:52am Mar 26, 2014 8:52am
Quoting panoramia
{quote} Hello Joe, The one on the screenshot attached (MN chart) marked as supply, took out a valid MN demand. On the EURUSD chart, the H4 supply DID NOT take any H4 demand so it's invalid. A zone must remove opposing SD zone to get validated. That does not mean that the newly validated zone is valid for a trade IF that zone is too high or low in the curve. You need to have profit margin and be at a good height. Alfonso
ok i do understand EURUSD and why the USDCAD MN chart supply is not valid for a trade, but not quite why it is supply. The red demand zone has already been taken out, right? And the new supply only breaks that demand again, is it not necessary to take out lower demand? Or is it because we went above before?
thanks in advance
have a nice day
  • #4,155
  • Mar 26, 2014 12:20pm Mar 26, 2014 12:20pm
Quoting panoramia
{quote} You are not using the latest indicators provided in the link in Post #1. You have to sign up on the form in Post #1. . Alfonso

I sined up...got something for webinars...no link for indicator...
There is a winner and a loser, nothing in between.
  • #4,156
  • Mar 26, 2014 2:04pm Mar 26, 2014 2:04pm
Quoting buytosell
{quote} I sined up...got something for webinars...no link for indicator...
Well the link is in the last email you will receive, many got it so check your spam folder. The link is there. Read some previous posts, people said the same thing, they signed up and it works for them, so it should work for you as well
Alfonso
Set and Forget supply and demand trading community
  • #4,157
  • Mar 26, 2014 2:06pm Mar 26, 2014 2:06pm
Quoting rohule
Hi Alfonso and Friends, I just wanted to share my EUR/CAD lond on h4, i just got trigered and lets see how it will perform. {image}
That H4 demand on EURCAD is not fresh Roberto... Rules do not allow entries on non-fresh levels, we want only fresh levels with the trend, fresh and original for a counter-trend.

Alfonso
Set and Forget supply and demand trading community
  • #4,158
  • Mar 26, 2014 2:07pm Mar 26, 2014 2:07pm
Quoting rozeweb
Its a very difficult and confusing for me to understand... When I watch whole 2 hour video I get confused . I try to learn step by step many times but unable to understand ... very confusion for me .. and I thin there is no easy way to understand .
If it's difficult and confusing for you, you said it all... don't focus on this strategy and look for something else, don't force things! Find something else that suits you my friend.
Set and Forget supply and demand trading community
  • #4,159
  • Mar 27, 2014 1:04am Mar 27, 2014 1:04am
Hi Alfonso & Everyone

See the attached chart.


Did I draw my trend line correct? I drew it on the last two valleys connecting the low, valleys being areas marked "one" and "two".

Am I correct in saying that the candle marked "three" has breached the trend line ( whole candle) and therefore demand zone, marked "four" and those below it are no longer valid and I should focus on supply zones on 4 hour and 1 hour chart, since the breach of trend line happened on daily chart?

Kind Regards

Abzozo
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad daily.png Size: 91 KB
  • #4,160
  • Mar 27, 2014 7:44am Mar 27, 2014 7:44am
Alfonso,

Thank you for taking time of reading me, i thougth it was only fresh because the price hits higher, in this new pic i drow the demmand zone correctly, and i want to share my lastest trade on usdcad.

Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurcadn.PNG Size: 40 KB
Click to Enlarge Name: usdcad.PNG Size: 58 KB
passion and discipline
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