Trading is supply and demand

Hi guys,

My interest in finance started when I was thirteen. Started messing around with options then stocks but ultimately the FX market fit my style. Today I am 27 years old and I have been through the ups and downs. You will never learn to win if you don't learn to loose. The best advice I could give is that you need to find your own style of trading. DO NOT follow systems you find on the internet including here. Learning has been very hard to say the least. The first chance I had to trade real money required me to save for two years (~$30,000) and I lost it all in about two months. This was after high school.

Now that I am about to graduate college I will work doing what I do best, trade! I feel I have mastered reading supply and demand after years and years of tireless sleepless nights and days watching price action.

The name of the game is to recognize supply and demand. My method for doing this requires multi-time frames. I prefer to use 15 min, 240 min, and daily. Apply any oscillator of your choice (mine: stochastics RSI) to each of your windows. (Never trade against the direction of an oscillator in a monthly chart, this is your trend). Longer time frames give you the market's trend. So if your monthly is bullish look for discrepancies in your lower time frames. If your daily if bullish look for discrepancies within your smaller time frames. Discrepancies within the small time frames equals quick opportunities while discrepancies within larger time frames like the 4 hour and above equal big moves in the direction of the larger time frames (daily, weekly, or monthly). This is how I determine the direction prices will take.

My profit factor is over 400, I am perfect so far in my long positions, and have had only one minimal loss that is technically a win, use limit orders people

Average profit=over $1000
Average loss (my only loss)=$160

I started with a $70,000 account in October, currently just above $150,000.

You will see October is my smallest gain, just remember I am a full time student and have little time to trade.

I do not see any trading system nor anything new in your message!

Tell me to delete the post and I will, no problem.

I think a better idea than deleting the thread would be adding a description of your system, or at least adding some new concept, theory or your findings here...

How can we find supply and demand

Impressive !!!
please educate us.

Are we all reading the same thing? Investing101 has just told everyone how his system works, he just didn't spoon feed anyone because you need to adapt what you like to your own style. Use an oscillator that you like, that fits your style, the indicator isn't as important as the price action :-)

Exactly use the oscillator just to see the strength of the move in the direction it moves in. If it is a weak move against the trend of the oscillator in a bigger time frame then enter the trade in the direction of the longer time frame trend. There is weak demand in a bullish oscillator that showed no strength in price movement, if the bigger time frame is going in the opposite direction. Now if the larger time frame reached an overbought or oversold territory move on to the next bigger time frame and wait until the previous overbought or oversold time frame becomes overbought or over sold again and judge strength of the move by seeing how quickly it reached that territory and if the next bigger time frame is still going in the opposite way. Seeing how price reacts to an oscillator and comparing it to a bigger time frame will tell you whether there is demand or supply. I use the following time frames, 15 minute, 60 minute, 240 minute charts. Use big time frames like the daily or weekly to see the overall trend of the oscillator. Don't ever take a position against the direction of the monthly chart unless it is in oversold or overbought territory and prices seem to be consolidating.

There has to be more to this show us your entry points or soemthig.

Notice I have big draw downs on occasions. To solve this pick your entry in a small time frame. I would do it just that I am in College and don't have time to pick the entry efficiently. Either way sufficient buying power keeps me safe because I know what direction we are going in.

See attachment below.

You can also take a look at my previous posts I made on the EURUSD thread and tell me how accurate my predictions were?

How do we find supply and demand though

Thanks..excellent post

This is a very basic example of what investing means..correct me if im wrong, including the entry on the 15M and direction following on the monthly

How long you usually stay in trades for to I seen you took 60

Depends on the timeframe I choose to base my trade in.

Choose an oscillator with a faster period. You don't have to put it over the chart like I did but I find that it helps. Go to the daily or weekly chart to confirm the trend and the direction of the oscillator. Below is the 4 hr chart. The trend has been down for the last few months so look at what happens when the oscillator looks overbought and a much higher time frame's oscillator is still heading down.

Notice how many of the oscillations below looks bullish when in reality the price action did not follow through as the oscillator did. It is screaming SELL No Demand!

Refer to a higher time frame to see when it reaches an oversold territory, I usually multiply the current time frame by 4 to find my reference. Below you see a 4 hr chart so you would reference the daily chart. If the daily chart reaches oversold territory wait for a pullback of the oscillator and see how price reacted to the move of the oscillator so if now the daily reaches overbought territory reference the trend with a higher time frame weekly. Sort of like a domino effect.


https://farm8.staticflickr.com/7544/...bffba18d_o.jpg

Thanks, I think what Investing is saying is whatever the timeframe youre using as your main entry, always look on a higher timeframe direction and then take trades in that direction on your lower timeframe once your oscillator shows that its overbought/sold (and its reached your supply or demand level), this way the movements of the trade you enter will be safe and better, bigger pips.

What's some good oscillators

Any of the common, I use stochastic rsi
inputs: rsiLenght 8, stoclength 8, wmalenght 8