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C-12's Supply, Demand and PA thread

  • #2,981
  • Jul 2, 2014 11:58am Jul 2, 2014 11:58am
Although I will brag about this GU H4 swing trade since I was confident on trend and adding was quite easy since daily PA was clearly up!
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  • #2,982
  • Jul 2, 2014 3:56pm Jul 2, 2014 3:56pm
Quoting C-12
The problem isn't M1 trading, it's just I didn't have the rock solid discipline to be consistant (as a full time trader) on that timeframe.. Others may find they can do it with the right mindset. I'm now looking at H4 accross around 16 pairs and the odd M15-H1 scalp on a major pair if something obvious comes along. I've never come on here with any intentions to brag or try and sell anything (in spite of my ridiculous 'commercial' status).
I liken trading on a one minute chart to that of bull riding. Sure it is done by some and they do it well. But if you can't hold on for that 8 seconds with perfect discipline the bull will win. By the way, for those who don't know; riding a bull is like taking an old truck down a bumpy dirt road full off potholes at 70mph, 112.63 km/hr then chucking the steering wheel out the window.

The 4h chart is more of a carousel ride, just need the discipline of time on your side.


By the way.......Do you know why cowboys make terrible lovers....... 8 seconds is a good ride.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #2,983
  • Jul 2, 2014 3:57pm Jul 2, 2014 3:57pm
Quoting C-12
Although I will brag about this GU H4 swing trade since I was confident on trend and adding was quite easy since daily PA was clearly up! {image}

Beautiful trade
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #2,984
  • Jul 2, 2014 8:13pm Jul 2, 2014 8:13pm
Quoting Rufus
{quote} I liken trading on a one minute chart to that of bull riding. Sure it is done by some and they do it well. But if you can't hold on for that 8 seconds with perfect discipline the bull will win. By the way, for those who don't know; riding a bull is like taking an old truck down a bumpy dirt road full off potholes at 70mph, 112.63 km/hr then chucking the steering wheel out the window. The 4h chart is more of a carousel ride, just need the discipline of time on your side. By the way.......Do you know why cowboys make terrible lovers..........
LMAO!!!!!
  • #2,985
  • Jul 2, 2014 8:15pm Jul 2, 2014 8:15pm
Quoting C-12
The problem isn't M1 trading, it's just I didn't have the rock solid discipline to be consistant (as a full time trader) on that timeframe.. Others may find they can do it with the right mindset. I'm now looking at H4 accross around 16 pairs and the odd M15-H1 scalp on a major pair if something obvious comes along. I've never come on here with any intentions to brag or try and sell anything (in spite of my ridiculous 'commercial' status).
I like the H4 ideology. I will be watching, learning and generally absorbing as much of this thread as possible. Glad your back C12!
  • #2,986
  • Jul 3, 2014 1:39am Jul 3, 2014 1:39am
Great analogy Rufus.

There was a nice setup in EURAUD. If you check the daily especially there's a great demand zone and some solid demand established on H4 also.

Favourable news of course is helpful.
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  • #2,987
  • Edited 9:04am Jul 3, 2014 1:50am | Edited 9:04am
UJ produced a turn around and a new demand zone at interesting buy area.... This pair is stuck in a range.

Notice nothing really of a textbook PA. More about the area of interest and the way price reacted at the zone with space above.
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  • #2,988
  • Jul 3, 2014 1:55am Jul 3, 2014 1:55am
Been watching this all week and forgot to pull the trigger.

Who got this one?
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  • #2,989
  • Jul 3, 2014 3:24am Jul 3, 2014 3:24am
C-12 are you using the sup dem on the larger TF's to identify areas of interest then waiting for PA to enter.
  • #2,990
  • Jul 3, 2014 4:53am Jul 3, 2014 4:53am
Nice to see this thread back to life.
So what are the SL and TP rules for H4 entries ?
What makes you pick a level over another... R/R, odds enhancers ?
  • #2,991
  • Edited 7:40am Jul 3, 2014 7:28am | Edited 7:40am
Quoting neil324
C-12 are you using the sup dem on the larger TF's to identify areas of interest then waiting for PA to enter.
Yeah, if a fresh H4 demand forms with PA within a nice daily level then I'll take it if the R/R is there. Overall daily and weekly trend is something to take into account for the longer view (bit like that GU trade above). My old style would have been to pick premature tops.

There are a few pairs I'm trying to avoid mostly CAD crosses tend to be really choppy and hard to read.

I'm really just feeling my way back in at the moment but I would like to wrap some discipline around it with solid rules.

Will keep posting. Hopefully you guys can bring some charts to the table as well.
  • #2,992
  • Jul 3, 2014 7:32am Jul 3, 2014 7:32am
Quoting tradista
Nice to see this thread back to life. So what are the SL and TP rules for H4 entries ? What makes you pick a level over another... R/R, odds enhancers ?
Yep R/R really, stop below the freshly formed level usually (or previous zone). Aim for 2:1 if possible.

There are various ways to play this but good quality zones with PA tend to be the least subjective.. Other factors can be overall trend, fresh S&D zones, also comparing other currencies & USDX and fundamental news can surely provide an edge.
  • #2,993
  • Jul 11, 2014 2:12pm Jul 11, 2014 2:12pm
ECAD? Anyone see why I was so hungry to buy?
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  • #2,994
  • Jul 13, 2014 8:14pm Jul 13, 2014 8:14pm
Glad to see this thread alive again. Was following your M1 scalps intently.

On your ECAD, are you using buy stops and trading breakouts?
  • #2,995
  • Jul 14, 2014 9:41am Jul 14, 2014 9:41am
Quoting alamakz
Glad to see this thread alive again. Was following your M1 scalps intently. On your ECAD, are you using buy stops and trading breakouts?
I actually took these trades based off a Daily & H4 chart (what appears to be breakout buying is actually using higher timeframe PA). Some of the upper entries weren't that great looking but confidence was high.
  • #2,996
  • Jul 15, 2014 2:49am Jul 15, 2014 2:49am
Quoting C-12
{quote} I actually took these trades based off a Daily & H4 chart (what appears to be breakout buying is actually using higher timeframe PA). Some of the upper entries weren't that great looking but confidence was high.
Thanks for the clarification! Looking forward to see you scalp smaller TFs in the future again.

On a side note, have you discovered the algo behind the supdem indicator? I see a bunch of codes that I cant figure out what's that rule for drawing a level based on the indicator..
  • #2,997
  • Jul 24, 2014 6:31am Jul 24, 2014 6:31am
GJ longs looks good at the mo..

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  • #2,998
  • Jul 25, 2014 11:35am Jul 25, 2014 11:35am
Ucad, a few entries on this
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  • #2,999
  • Jul 30, 2014 1:25pm Jul 30, 2014 1:25pm
Hi mr. C12,

Been following and been practicing this strategy for months now. I see you have moved up on the Timeframes that you trade so... my ONE question is..

- Which Timeframe do you prefer to draw your levels and which timeframe do you execute? Looks to me like the 1min isnt valuable anymore to you.
  • #3,000
  • Oct 24, 2014 5:34pm Oct 24, 2014 5:34pm
I'm currently looking at Daily direction and entering on H4 (PA / Zones) and I've been having a great time with it now the markets have picked up.
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