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Supply and Demand Thread using any Indicator

  • #1
  • First Post: Apr 29, 2014 9:53am Apr 29, 2014 9:53am
The title says it all

I am working on building a decent intraday/week system that might be of use to me in the future.

Doesnt take much to take the trade as I only watch to pairs.

GU and EU

If you have any ninja trading skills please share
http://37.media.tumblr.com/e12ea8cf8...fsruo1_400.gif


Feel free to share a chart or your own idea.Dont force anything on anybody.

Each to their own

GL

Rooi
We miss 100% of the shots we don't take
  • #2
  • Apr 29, 2014 10:06am Apr 29, 2014 10:06am
First trades for the system

Trading pennies while testing

155 pips for last two days

Lets see what happens.

PS -I trade a different system and seeing as this is "swing" or intra week I will try and update this thread at least once a day

GL

Rooi


System is :

Supply and demand
Risk between 1 to 3 entries ( really good setup can have all three positions in one trade and will scale out

Entry
When MACD changes color
When we break the 12 EMA
When we touch a Sup/Dem level
( Above only as guides )
Attached Image (click to enlarge)
Click to Enlarge Name: swing.png Size: 61 KB
We miss 100% of the shots we don't take
  • #3
  • Apr 29, 2014 10:17am Apr 29, 2014 10:17am
Initial trade

Short 1st of three positions

Rooi
Attached Image (click to enlarge)
Click to Enlarge Name: charts 1.png Size: 23 KB
We miss 100% of the shots we don't take
  • #4
  • Apr 29, 2014 10:21am Apr 29, 2014 10:21am
Hi Rooi
Been a while, seems I'm almost always the first to come on board your threads.
Would like to learn from you the basics like how do you determine a Supply Zone and how do you determine a Demand Zone?
So much of what is called Supply and Demand is too subjective, I hope you can come up with something objective.
I think it's awesome being able to switch from a M1 paradigm to H1.
I'd be around.
Let it turn and find your entry.
  • #5
  • Apr 29, 2014 10:24am Apr 29, 2014 10:24am
Quoting Rooi
First trades for the system Trading pennies while testing 155 pips for last two days Lets see what happens. PS -I trade a different system and seeing as this is "swing" or intra week I will try and update this thread at least once a day GL Rooi System is : Supply and demand Risk between 1 to 3 entries ( really good setup can have all three positions in one trade and will scale out Entry When MACD changes color When we break the 12 EMA When we touch a Sup/Dem level ( Above only as guides ) {image}
Rooi, as you know that i trade only EU. I have never seen such perfect execution by using supply and demand level. I am sure that you are going to make big money with it. I am using somewhat similar for my analysis. Only the difference it that after rejection from resistance, i had Sell stop order at 1.3849. Now i have moved my SL to BE and TP=1.3801.

It is very good to start this thread.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 96 KB
Love for all; Hatred for none.
  • #6
  • Apr 29, 2014 10:33am Apr 29, 2014 10:33am
Quoting aahmad29
{quote} Rooi, as you know that i trade only EU. I have never seen such perfect execution by using supply and demand level. I am sure that you are going to make big money with it. I am using somewhat similar for my analysis. Only the difference it that after rejection from resistance, i had Sell stop order at 1.3849. Now i have moved my SL to BE and TP=1.3801. It is very good to start this thread. {image}
We will see about the making money part as I do believe it is possible but there is a lot to think about like the markets conditions that change and so on

Right now we are ranging everywhere and Supply and Demand is clear for us all.I will have to learn from you when the times come when the market start expanding and trending.

Let see what happens,So far you are very solid in what you produce every week.Thats why I want to trade with you and learn
We miss 100% of the shots we don't take
  • #7
  • Apr 29, 2014 10:39am Apr 29, 2014 10:39am
Quoting Intrepidpips
Hi Rooi Been a while, seems I'm almost always the first to come on board your threads. Would like to learn from you the basics like how do you determine a Supply Zone and how do you determine a Demand Zone? So much of what is called Supply and Demand is too subjective, I hope you can come up with something objective. I think it's awesome being able to switch from a M1 paradigm to H1. I'd be around.
Plenty of people teach Sup/Dem here at FF and there are many threads

A good why is to take the fractal indicator and put it on the 4hr and draw the wicks of the most recent 4hr fractal candle like in the picture

Set the fractal indicator to only show in the 4hr time frame and then switch to 1hr

I mostly focus on those areas

Hope that helps

All the best

Rooi
Attached Image (click to enlarge)
Click to Enlarge Name: charts 2.png Size: 35 KB
We miss 100% of the shots we don't take
  • #8
  • Apr 29, 2014 10:42am Apr 29, 2014 10:42am
Quoting aahmad29
{quote} Sell stop order at 1.3849. Now i have moved my SL to BE and TP=1.3801. It is very good to start this thread. {image}
I like your pending orders idea but I can trust it.

I will grow in confidence with them as they continue to work for you
We miss 100% of the shots we don't take
  • #9
  • Apr 29, 2014 10:47am Apr 29, 2014 10:47am
Quoting Rooi
{quote} We will see about the making money part as I do believe it is possible but there is a lot to think about like the markets conditions that change and so on Right now we are ranging everywhere and Supply and Demand is clear for us all.I will have to learn from you when the times come when the market start expanding and trending. Let see what happens,So far you are very solid in what you produce every week.Thats why I want to trade with you and learn
Different traders have different ways to think but at the end, they are pointing in same direction. You know that i am big fan of "00" levels. I am posting chart from April 10, we can see that 1.3900 provided resistance (Red area) and support is at 1.3800 (Green area); most of my trades were around this area but Wednesday is big day with very important reports and i have doubt that one of that area will be broken and will set new levels. Lets see how it goes. I will try to update as soon as i am home. At NY time, i have to go for my day job but whenever i will find some time on my job, i will post charts.
Attached Image (click to enlarge)
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Love for all; Hatred for none.
  • #10
  • Apr 29, 2014 10:54am Apr 29, 2014 10:54am
Quoting aahmad29
{quote} Different traders have different ways to think but at the end{image}

What is the big blue zone?

Is it a higher time frame (HTF) zone ?
We miss 100% of the shots we don't take
  • #11
  • Apr 29, 2014 11:04am Apr 29, 2014 11:04am
Quoting Rooi
{quote} What is the big blue zone? Is it a higher time frame (HTF) zone ?
You know that i use supdem indicator and once in month of march, there was weird candle appeared on my chart. It looks like a spike but it is not spike. I informed my broker and it is only fault on chart and it is not movement of PA. I had pending orders and does not execute. After that spike showed up on my chart, supdem indicator recognized as support zone (Blue area).
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 51 KB
Love for all; Hatred for none.
  • #12
  • Apr 29, 2014 12:02pm Apr 29, 2014 12:02pm
Rooi

You could do a lot worse than looking at using genesis over longer timeframe, combined with supply and demand analysis. I have used this a bit recently with some success on M15 using H4 and D STOCHS. Looks a bit like this.
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Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #13
  • Apr 29, 2014 2:01pm Apr 29, 2014 2:01pm
Hi Rooi

From now on, i will post trades with charts from my new live account. Initial deposit = $1983. I will post link here later because probably MODS will move my thread "The Rebel" from Trading Journal to "Commercial Content".

I will show balance each time with trades.
Love for all; Hatred for none.
  • #14
  • Apr 29, 2014 2:18pm Apr 29, 2014 2:18pm
Quoting Rooi
The title says it all .... Rooi
Video clip shows how important is to enter at right location.
The Market pays you to be disciplined
  • #15
  • Apr 29, 2014 9:53pm Apr 29, 2014 9:53pm
Quoting aahmad29
{quote} Rooi, as you know that i trade only EU. I have never seen such perfect execution by using supply and demand level. I am sure that you are going to make big money with it. I am using somewhat similar for my analysis. Only the difference it that after rejection from resistance, i had Sell stop order at 1.3849. Now i have moved my SL to BE and TP=1.3801. It is very good to start this thread. {image}
+43.

Manually closed it @ 1.3804

Total Pips = 87

From Now on, i will display my new live account balance and trades with mini lot 0.02 initially.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 59 KB
Love for all; Hatred for none.
  • #16
  • Apr 30, 2014 12:10am Apr 30, 2014 12:10am
Here is the Superdem indi
Attached File(s)
File Type: ex4 SupDem.ex4   13 KB | 2,384 downloads
  • #17
  • Apr 30, 2014 3:34am Apr 30, 2014 3:34am
Nothing much thus far

1/3 risk on long position on EU open SL - 20 pips

CLosed shorts on GU for all together 10 pips.

Staying flat on GU for now
Attached Image (click to enlarge)
Click to Enlarge Name: Charts 3.png Size: 45 KB
We miss 100% of the shots we don't take
  • #18
  • Apr 30, 2014 3:36am Apr 30, 2014 3:36am
Quoting aahmad29
{quote} +43. Manually closed it @ 1.3804 Total Pips = 87 From Now on, i will display my new live account balance and trades with mini lot 0.02 initially. {image}
Nice trading

Lets see if it will go long again
We miss 100% of the shots we don't take
  • #19
  • Apr 30, 2014 4:06am Apr 30, 2014 4:06am
Quoting Rooi
{quote} Nice trading Lets see if it will go long again
Red news but still one short position closed at BE.
Love for all; Hatred for none.
  • #20
  • Apr 30, 2014 4:18am Apr 30, 2014 4:18am
Quoting aahmad29
{quote} Red news but still one short position closed at BE.
EU

There is one active long position at 1.38122 , SL=BE
Love for all; Hatred for none.
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