Supply and demand in a nutshell by Alfonso Moreno | Page 249 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #4,961
  • Nov 24, 2014 4:17pm Nov 24, 2014 4:17pm
This may do well in conjunction with swing trading.
  • #4,962
  • Nov 25, 2014 12:53pm Nov 25, 2014 12:53pm
Quoting panoramia
{quote} None of the zones are correct. The indicator will not draw the zones correctly if price is within the zone or you cut through candles, you'd have to change the color manually. None of the 4 zones you drew are valid on EURJPY H4, you did not respect the basingrules. Find the correct zones in yellow in the attachment, you will see what I mean by not respecting the basing rules. Have a great weekend Alfonso {image}

How back must we go to find if our SD area is original?
Any advice on where can I find how do we draw and trade CPs? (Post and or video?)
  • #4,963
  • Nov 25, 2014 1:59pm Nov 25, 2014 1:59pm
Quoting lakis071051
{quote} How back must we go to find if our SD area is original? Any advice on where can I find how do we draw and trade CPs? (Post and or video?)

http://www.forexfactory.com/showthread.php?t=428204
  • #4,964
  • Nov 26, 2014 12:26am Nov 26, 2014 12:26am
Quoting lakis071051
{quote} How back must we go to find if our SD area is original? Any advice on where can I find how do we draw and trade CPs? (Post and or video?)
There are videos that explain that in detail in post #1 and youtube channel as SRT mentioned in next post. Take your time to watch them please!
Alfonso
Set and Forget supply and demand trading community
  • #4,965
  • Nov 26, 2014 12:43am Nov 26, 2014 12:43am
Quoting panoramia
{quote} Still holding AUD/USD Weekly short, hopefully it will break lower. I'm holding a D1 short and WK short on this one as previously discussed. Monthly and Weekly down, bias is short, longs are completely out of the equation. Alfonso {image}
Looks like AUD/USD keeps on dropping and made a lower low. Still holding some shorts on D1 and WK supply on this one as well as other aussie pairs (will post charts of other shorts in the next posts)

MN, WK and D1 are down, short is the way to go if there are new supply levels on your entry timeframe. Bias is short on all aussie pairs except AUD/JPY
Alfonso

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #4,966
  • Nov 26, 2014 12:50am Nov 26, 2014 12:50am
This is another short I'm running on AUD/CAD, crazy drop, it's dropping like a rock. Price was reacting to WK 20 EMA and WK flip zone, dropped, created a new D1 SZ and that was the entry when price retraced to it. Aussie is very weak so shorting it is the way to go.

Price removed another D1 DZ zone on the way down (it was against bigger picture's trend so it didn't hold). Still more room to drop to higher timeframe demand zones. Potential D1 short if price retraces back (it normally doesn't retrace all the way back that soon with a strong breakout like this though)

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #4,967
  • Nov 26, 2014 4:38am Nov 26, 2014 4:38am
Hello everyone,

Looking at EURUSD MN1-H4 top down analysis using the Alfonso's trendline break re-alignment method.
I actually found out this thread yesterday, and this is my first post.
Read almost everything on the thread and was super impressed and greatful to find people i share the same trading method interest!
In particular, i salute Mr Alfonso for his super selflessness to help us craft this rare skill!
__
Here we go...
May anyone who is already clearly versed and confident with the method please look at my screen shots and see whether i am line.
__
Thanks.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSD_H4_Down.png Size: 49 KB
L.L.L.T
  • #4,968
  • Nov 26, 2014 9:55am Nov 26, 2014 9:55am
hi
look like i miss it for 2 pips
lets go on never mine
  • #4,969
  • Nov 26, 2014 9:56am Nov 26, 2014 9:56am
sory forgot to atach image
here it
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH4.png Size: 30 KB
  • #4,970
  • Nov 26, 2014 12:19pm Nov 26, 2014 12:19pm
Hello


I just started testing supply and demand, and I bought forex tester, only thing I can not find on internet is rectangle reader for FT, so I created one, maybe will help someone, it just extend rectangles no other functions yet.

Alfonso great work on this thread, YouTube... Probably I will have more questions in the future.



Attached File(s)
File Type: zip RectrangleReader.zip   53 KB | 1,015 downloads
  • #4,971
  • Nov 27, 2014 3:59am Nov 27, 2014 3:59am
Quoting KayStreet
Hello everyone, Looking at EURUSD MN1-H4 top down analysis using the Alfonso's trendline break re-alignment method. I actually found out this thread yesterday, and this is my first post. Read almost everything on the thread and was super impressed and greatful to find people i share the same trading method interest! In particular, i salute Mr Alfonso for his super selflessness to help us craft this rare skill! __ Here we go... May anyone who is already clearly versed and confident with the method please look at my screen shots and see whether i...
Your analysis on EUR/USD is correct. Bigger picture is down, all timeframes are saying to short, so longs are out of the equation. Below you will find a couple of comments on your charts and 2 attachments, hope they make sense Kay.

Price is within MN DZ. A zone that causes the break of a TL is automatically considered a zone, valid if nested within other HTF zone

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #4,972
  • Nov 27, 2014 4:01am Nov 27, 2014 4:01am
Quoting cannibal
Hello I just started testing supply and demand, and I bought forex tester, only thing I can not find on internet is rectangle reader for FT, so I created one, maybe will help someone, it just extend rectangles no other functions yet. Alfonso great work on this thread, YouTube... Probably I will have more questions in the future. {file}
Hello Cannibal,
Thanks for posting that indicator for Forex Tester and your kind words. I had one created as well but it's very slow. FT2 told me that they are having speed issues with objects like lines and boxes, so when you have some history loaded (it doesn't have to be much) FT2 will slow down a lot. This is why I am drawing all levels manually on my tests. I have a RR indicator created with few features, not many needed, but those are the issues, speed problems.

What does this indicator do for FT2? What are the features?

Thanks again for your contribution!
Alfonso
Set and Forget supply and demand trading community
  • #4,973
  • Nov 27, 2014 4:20am Nov 27, 2014 4:20am
Thanks Alfonso. I now recall one important point in your live webnar.
___
A zone level nested in a HTF zone that doesn't match 2:1, is in itself not a valid tradable level. So i will have to look higher on the D1 curve to get shorts.
L.L.L.T
  • #4,974
  • Nov 27, 2014 4:59am Nov 27, 2014 4:59am
hello alfy,
how do you change the settings on rectangle reader.... when i draw the rectangle on the chart the bacground color goes away. I wont the color in the rectangle. Thanks
Attached Image (click to enlarge)
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  • #4,975
  • Nov 27, 2014 5:15am Nov 27, 2014 5:15am
Quoting panoramia
{quote} Hello Cannibal, Thanks for posting that indicator for Forex Tester and your kind words. I had one created as well but it's very slow. FT2 told me that they are having speed issues with objects like lines and boxes, so when you have some history loaded (it doesn't have to be much) FT2 will slow down a lot. This is why I am drawing all levels manually on my tests. I have a RR indicator created with few features, not many needed, but those are the issues, speed problems. What does this indicator do for FT2? What are the features? Thanks again...

Hello

Yes my first attempt of RR indicator is also slow movement, especially on high speed. Because new candle is created it will load all ticks at one time and will calculate all the time. My approach is that the indicator will calculate only on movement on the chart, it should work on high speed.


In FT2 it will extend any rectangle to candle 0 and color rectangle red or blue if is above or below current price, and it will color retouches. Colors can be modified by indicator properties.


some pointers how to use it:
If RR still works to slow you could disable retouches. If rectangle is not colored check if transparency checkbox is on or off, I did not programed this option because sometimes I want to be rectangles without color. If rectangle is not extended when is chart on pause just scroll down to get chart moving and it should extend rectangle.


Probably it has some bugs. If anyone find something, let me know. I only tested RR for few days.
  • #4,976
  • Edited 10:45pm Nov 27, 2014 3:45pm | Edited 10:45pm
Quoting FXmagnets
hello alfy, how do you change the settings on rectangle reader.... when i draw the rectangle on the chart the bacground color goes away. I wont the color in the rectangle. Thanks {image}
The rectangle´s colors are controlled by the rectangle reader indicator. If you change the style (filled or unfilled), the indicator will not remember it and will go back to default style when you switch timeframes. I don't know if I understood correctly your question though. Once the indicator is dragged it takes control of rectangles and styles (which can be changed in the properties)

Alfonso
Set and Forget supply and demand trading community
  • #4,977
  • Nov 28, 2014 2:47am Nov 28, 2014 2:47am
hi alfonso
was agood trade
thank you alfonso to post agreat theard

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 37 KB
  • #4,978
  • Nov 28, 2014 3:59am Nov 28, 2014 3:59am
Quoting ronentn
hi alfonso was agood trade thank you alfonso to post agreat theard {image}
Yes, it was a great long trade. I am also long on that one. Moved my SL a bit higher below previous swing low. Will manage SL next week depending on what happens in the markets. Let's see what the market has in store for us.

Have a great weekend!
Alfonso

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 109 KB
Set and Forget supply and demand trading community
  • #4,979
  • Nov 28, 2014 4:01am Nov 28, 2014 4:01am
Quoting cannibal
{quote} Hello Yes my first attempt of RR indicator is also slow movement, especially on high speed. Because new candle is created it will load all ticks at one time and will calculate all the time. My approach is that the indicator will calculate only on movement on the chart, it should work on high speed. In FT2 it will extend any rectangle to candle 0 and color rectangle red or blue if is above or below current price, and it will color retouches. Colors can be modified by indicator properties. some pointers how to use it: If RR still works to...
Thanks for such a detailed update on the indicator. I will load it next week on my Forex Tester platform and see how it works. If you send me a private email through set-and-forget.com contact form I will send you something that I can share with you.

Have a great weekend!
Alfonso
Set and Forget supply and demand trading community
  • #4,980
  • Nov 30, 2014 10:36am Nov 30, 2014 10:36am
Alfonso,
Very interesting Swing setups, I've been watching your videos all weekend.
Thanks for all the Vids/Info.

Did you ever trade Macd3?
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