Supply and demand in a nutshell by Alfonso Moreno | Page 254 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #5,061
  • Edited 4:28pm Dec 22, 2014 4:13pm | Edited 4:28pm
Quoting panoramia
Remember the gold short trade that was covered in last webinar? Still holding and dropping as we were talking in that webinar. I didn't take that short because I usually don't trade Gold but it was taken by other traders. Find below the updated chart, it's not one of my trades by it follows the rules one by one. Multiple timeframe analysis on Gold: Monthly clearly down, Trendline being respected Weekly clearly down, Trendline being respected D1 was up at the moment of entry Price realigned with Monthly/Weekly downtrend. Realignment rules by the...
How about the green suply zone according to your picture? I mean a condition when a price after a departure returns promptly. I think a price should consolidate after a departure and return after some candles of consolidation. What your opinion about this rule is?
And I want ask you another question. Why did you draw green supply zone? I don't see removed demand zone after a departure of price from this zone.
  • #5,062
  • Dec 22, 2014 11:26pm Dec 22, 2014 11:26pm
Quoting Kelkh
{quote} How about the green suply zone according to your picture? I mean a condition when a price after a departure returns promptly. I think a price should consolidate after a departure and return after some candles of consolidation. What your opinion about this rule is? And I want ask you another question. Why did you draw green supply zone? I don't see removed demand zone after a departure of price from this zone.
A couple of things on your comments.

  1. "You think price should consolidate after a departure and return after some candles of consolidation". It does not matter what you think it should happen, it will happen whatever it has to happen, the market will do whatever it wants to do. You just trade the rules and expect to have a reaction on your favour
  2. I didn't draw the green zone, this chart belongs to another trader that took the trade. However, the green DID remove a demand zone. Well, read price action, apply the rules and you will see what it accomplished. If you watch the latest webinar you will know why. Rules are being applied there and zones are correct, what happens most of the time is that rules are not applied correctly, it does take a lot of time to see things and how all pieces of the puzzle come together
  3. Even if it had not removed demand (which it did), that is what we is called confirmation type of trade, new imbalance. It does not need to remove opposizing zone because 1 timeframe higher is fresh and in a trend

Alfonso

Set and Forget supply and demand trading community
  • #5,063
  • Dec 23, 2014 4:15am Dec 23, 2014 4:15am
Dear fellow traders,

Another year is gone, it's been 14 months since Set and Forget supply and comminuty was first launched and many thing have happened. I just wanted to thank you all for your support and wish you a Merry Christmas and a Happy New Year 2015.

I've created a small end of year survey, if you have 5 minutes to spare if would be great that you completed it, it will help me improve and help you even more next year 2015.

Many things have happened this year, new high probability trade setups were added to the rules set, newer ones are being tested. Many traders have taken testing the rules seriously based in the belief that it's the fastest and most powerful way to trade any strategy. And many new things will happen next year 2015.

The survey link is here, helps us improve if you have a few minutes:
https://www.surveymonkey.com/s/LS8JWVJ

Merry Christmas and a Happy New Year 2015!
My best wishes,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
  • #5,064
  • Dec 23, 2014 2:32pm Dec 23, 2014 2:32pm
hi alfonso

thank you for answer
1.Where you learned your system? From a certain company or an individual or you invention? it that the method is very professional and very accurate
At first I did not know the method I thought this forex market as inaccurate but after getting to know her way through all the market price does have a meaning and I understand why the price went there and where it is going.
2.After I signed up and paid when will I be in the community?

thank you
  • #5,065
  • Dec 23, 2014 6:16pm Dec 23, 2014 6:16pm
Guess my answer to your question 4 is that I'm still reading the earlier posts. I've only begun exploring the supply and demand concept so it's still a matter of trying to understand your rules. Have not yet made my way to registering on your set-and-forget.com site just yet, but getting there.
  • #5,066
  • Dec 23, 2014 6:22pm Dec 23, 2014 6:22pm
Quoting ronentn
hi alfonso thank you for answer 1.Where you learned your system? From a certain company or an individual or you invention? it that the method is very professional and very accurate At first I did not know the method I thought this forex market as inaccurate but after getting to know her way through all the market price does have a meaning and I understand why the price went there and where it is going. 2.After I signed up and paid when will I be in the community? thank you
Hello!

Let me answer to your questions. I learnt the basics on supply and demand by watch Sam Seiden free videos and reading supply and demand material on a few sites, I researched and tested quite a few ideas and the result is my own trading rules. Access to the site is automated and instantaneous.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,067
  • Dec 23, 2014 6:31pm Dec 23, 2014 6:31pm
Quoting panoramia
{quote} Hello! Let me answer to your questions. I learnt the basics on supply and demand by watch Sam Seiden free videos and reading supply and demand material on a few sites, I researched and tested quite a few ideas and the result is my own trading rules. Access to the site is automated and instantaneous. Cheers, Alfonso
Hi Alfonso,

I am watching Sam's videos right now actually. I just want to confirm with you, Sam doesn't show all S&D levels like you do right? When he shows the successful trades that took place, it seems like he picked that S&D level correctly. Is he recording the price ranges for possible supply and demand zones and then seeing how the price acts upon those levels?

Thanks and confused
  • #5,068
  • Dec 23, 2014 7:34pm Dec 23, 2014 7:34pm
Quoting jhehe
{quote} Hi Alfonso, I am watching Sam's videos right now actually. I just want to confirm with you, Sam doesn't show all S&D levels like you do right? When he shows the successful trades that took place, it seems like he picked that S&D level correctly. Is he recording the price ranges for possible supply and demand zones and then seeing how the price acts upon those levels? Thanks and confused
I just can't answer that since I don't know what he does or he doesn't. What I know is what i do, I post all of my trades way before they happen and whatever happens happens, there is no hindsight, just trades before the fact, before they happen, following the rules.

I can't tell you about anybody else but myself.
Alfonso
Set and Forget supply and demand trading community
  • #5,069
  • Dec 23, 2014 7:54pm Dec 23, 2014 7:54pm
Quoting panoramia
{quote} I just can't answer that since I don't know what he does or he doesn't. What I know is what i do, I post all of my trades way before they happen and whatever happens happens, there is no hindsight, just trades before the fact, before they happen, following the rules. I can't tell you about anybody else but myself. Alfonso
Oh ok, alright, sounds good. I hope to be a bit more active here. It's just a matter of finish reading your earlier posts.
  • #5,070
  • Edited 5:02am Dec 24, 2014 4:50am | Edited 5:02am
First of all Merry Xmas to you al! My best wishes to you all, have a great time with your family and friends!

Triggered short NOK/SEK pair. I've taken some shorts all the way down and they hit my take profit at MN demand zone ,they were good runners, but out of all of them for some good profits.

 

  1. Monthly DZ has been overshot but no close on WK/MN candles. Price rallied into WK SZ that was the one that caused the break of the previous WK DZ.
  2. If price continues to drop I will be taking more shorts if the opportunity arises. Lower timeframes entries could happen, bias is shorts. If price continues to rally and breaks/removes WK DZ, we could think of counter-trend longs for some time
  3. Monthly and Weekly are in a downtrend

Could this one be a loss? Yes, it could. There was no close below MN DZ but I have to take the risk and take it because rules allow me to do so, no regret! A loss? Next one, over and over and over! No thinking! I had 2 great trades with nice profits, who cares! Short!

Merry Xmas to you all!
Alfonso

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #5,071
  • Dec 24, 2014 11:17am Dec 24, 2014 11:17am
Thanks Alfonso, happy new year for all of you
Newbie trader
  • #5,072
  • Dec 25, 2014 4:54am Dec 25, 2014 4:54am
Thanks Alfonso for this great system, wish you best of luck for coming year and happy christmas.
  • #5,073
  • Edited 8:25am Dec 26, 2014 6:16am | Edited 8:25am
Hi Alfonso and all,

Merry christmas...i am wondering if we can follow the rules of your methodology strictly and without making errors, how many percentage of win/loss ratio can we expect overall?

Thanks...
  • #5,074
  • Dec 26, 2014 8:51am Dec 26, 2014 8:51am
Quoting panoramia
First of all Merry Xmas to you al! My best wishes to you all, have a great time with your family and friends! Triggered short NOK/SEK pair. I've taken some shorts all the way down and they hit my take profit at MN demand zone ,they were good runners, but out of all of them for some good profits. Monthly DZ has been overshot but no close on WK/MN candles. Price rallied into WK SZ that was the one that caused the break of the previous WK DZ. If price continues to drop I will be taking more shorts if the opportunity arises. Lower timeframes entries...
Alfonso, you said that neither the WK or the MN didn't close below the MN DZ, but the WK did close underneath the MN DZ zone with the last bearish candle as seen in the screen attached.

Thanks.

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  • #5,075
  • Dec 26, 2014 9:35pm Dec 26, 2014 9:35pm
Hi, Alfanso

In this chart, I didn't give you any info about the pair name or the time frame or the date.

So just by your experience, which zone (A OR B) in the chart will you wait for selling?

A zone is the origin, but many times , price will not back to that so high zone.

Selling B zone is quite a good choice, but also many failures.
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  • #5,076
  • Dec 27, 2014 12:44pm Dec 27, 2014 12:44pm
Quoting cnnewt61
Hi, Alfanso In this chart, I didn't give you any info about the pair name or the time frame or the date. So just by your experience, which zone (A OR B) in the chart will you wait for selling? A zone is the origin, but many times , price will not back to that so high zone. Selling B zone is quite a good choice, but also many failures. {image}
http://i60.tinypic.com/4iigiw.jpg
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  • #5,077
  • Dec 27, 2014 1:30pm Dec 27, 2014 1:30pm
Also from above question.
Where is price in relation to your "curve" TF?
Should you even be thinking of shorts?
  • #5,078
  • Dec 27, 2014 4:11pm Dec 27, 2014 4:11pm
Alfonso, do you mean a trend on a big picture or on an exucution timeframe when you are talking about momentum trade? Do we need to have trend on both timeframe according to your rules?
  • #5,079
  • Dec 28, 2014 12:21am Dec 28, 2014 12:21am
HIGHER TF

I only gave one chart, does't mean I don't know to check the higher TF.

But when you are not a newbie, you would know what a higher TF happened when you just see the lower TF.

and also some said trendline broke. no shorting. It's no meaning when you consider too much.

so I just wanna know, by your instinct, which zone is better for shorting. and why
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  • #5,080
  • Dec 28, 2014 12:56am Dec 28, 2014 12:56am
Quoting cnnewt61
HIGHER TF I only gave one chart, does't mean I don't know to check the higher TF. But when you are not a newbie, you would know what a higher TF happened when you just see the lower TF. and also some said trendline broke. no shorting. It's no meaning when you consider too much. so I just wanna know, by your instinct, which zone is better for shorting. and why {image}
I would go with the peak at Sept 9th as I do not know what the price range is. This is something I picked up from Sam Seiden as the origin starts here.
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