Supply and demand in a nutshell by Alfonso Moreno

Quoting agagukalex

Disliked

Hi Panoramia , i am on forex factory since at least 6 years , and i went over the same road that some of the retail traders went true !! (i guess) Finally , i am going over the thread and there is a lot of information here . I am a supply and demand trader and i was still searching for info , and i almost felt on the floor when i saw all the energy you spent here to share your experience with others . Thank you a million times for that !! have a nice day were ever you are !! Alex

Ignored

Quoting panoramia

Disliked

Want to post a long trade I got triggered on EUR/GBP. Price is very low in the MN curve, retesting the MN demand zone, created a WK demand imbalance, retested it and then creasted a brand new D1 demand zone. There were 2 entries, I took the second and latest one). Hopefully it will run a bit in my favour. Brand new D1 imbalances being created too low in the MN curve is what we call confirmation trade. We wait for those imbalances to happen and we trade them as they "confirm" there are willing buyers in the zone. The chart displays the bigger timeframe...

Ignored

Quoting Solomon1a

Disliked

hello alfonso and fellow traders, today i shorted eurzar but my sl got hit, i analyzed and couldnt find that which rule i missing? charts listed below: weekly down daily down weekly: {image} Daily: {image} H4: {image}

Ignored

Quoting aprilnparker

Disliked

{quote} Hi Solomon1a, It looks like you are too low in the Monthly Curve. Price hit a monthly zone then rallied. Once price hits a demand zone all shorts should be excited. Do you have a monthly chart? April

Ignored

Quoting Trader555

Disliked

Hi Alfonso and fellow traders, A question - would you say my assessment of the NZDUSD monthly trend is correct according to the rules? Here's my thinking: - 1. There are two obvious recent valleys. 2. Valley 1 took out the high at A. 3. Valley 2 took out the high at B. 4. I can therefore connect Valley 1 & 2 with a trend line, since they took out highs A & B respectively, to give me the result of monthly trend UP. 5. Unless I've made a mistake, the CP is actually a CP as marked on the chart (?) {image} If I've missed something, please let me know....

Ignored

Quoting panoramia

Disliked

{quote} The lower one is the valid TL my friend. Why? The upper TL you drew is using a MN CP as second point to connect the TL, we don't use CPs to draw TLs, only if we have 3 or more. So the less steep one (lower) TL is the valid one! Hope that makes sense! Alfonso

Ignored

Quoting lobogabor

Disliked

Hi, I just find a vulnerability in this whole system, and the logic, which of course look great... - I get involved in losing trade, very easily, when sup/dem is hit... then of course I lose - The good "set and forget" trades, usually do not get to the entry point due to a nice trending, except for the ones which can compensate me, and make me feel good... BUT... that is rather exceptional.. Any experience with this? Any thoughts about this? Tnx

Ignored

Quoting lobogabor

Disliked

Hi, for those who want to backtest in MT4, here is a good program helping big time to do so: Download � Simple Forex Tester When installing it, the only thing might be with the new MT4 build, one has to copy the files from the C/programs/MT directory to the C/user/.......roaming...../MT4 directory, whatever opens when in the MT4 file menu clicking the Open Data Folder sub-menu point It is possible to open as many entries in the MT4 strategy tester, as you want {image} it is really the best...

Ignored

Quoting Trader555

Disliked

Hi Alfonso and fellow traders, A question - would you say my assessment of the NZDUSD monthly trend is correct according to the rules? Here's my thinking: - 1. There are two obvious recent valleys. 2. Valley 1 took out the high at A. 3. Valley 2 took out the high at B. 4. I can therefore connect Valley 1 & 2 with a trend line, since they took out highs A & B respectively, to give me the result of monthly trend UP. 5. Unless I've made a mistake, the CP is actually a CP as marked on the chart (?) {image} If I've missed something, please let me know....

Ignored

Quoting Solomon1a

Disliked

hello alfonso and fellow traders, hope you all have a nice weekend, I was trying analyze the NZDCHF last night which i found in complicated situation, the monthly is UP, weekly is Holding UP (near to break) and Daily trend is broken but have not closed below TL. my question is that as monthly us up and weekly is up and daily printed supply, so is it the valid supply to take short in countertrend? and i can not set and forget on that supply to take shorts? charts below: Monthly: {image} Weekly: {image} Daily: {image}

Ignored

Quoting prits187

Disliked

Please see attached Supply Photo, is there anyways i could have seen that happening? Lucky i dint have a trade on that, but i did get into buy position just after and made good profit with moving my stop loss to profit {image}

Ignored

Quoting panoramia

Disliked

{quote} Hello Solomon, Could you please remove the charts you uploaded? They contain indicators that are not used in the strategy and that breaks the rules in post #1, can you please? You can edit the post if you want and re-attach the charts but without what looks like bollinger bands. Please can you? Thanks Alfonso

Ignored