Supply and demand in a nutshell by Alfonso Moreno | Page 259 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #5,161
  • Jan 20, 2015 10:46am Jan 20, 2015 10:46am
Morning Everybody,
here I come with another CT long on AUDCAD. Took entry on H4 TF. Pic illustrates that i have moved my stop loss at BE + spread, and 1/2 position taken off. Hoping it ll run to my take profit. If not I ll exit early
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  • #5,162
  • Jan 20, 2015 10:53am Jan 20, 2015 10:53am
Quoting panoramia
The list below is an overall look bigger picture trend of most important currency pairs taking into account supply and demand imbalances. I believe it's self-explanatory. Hope you find it useful US INDEX --> LONGS AUD/USD --> SHORTS AUD/CAD --> SHORTS, CT LONGS AUD/JPY --> LONGS, CT SHORTS CAD/JPY --> LONGS, CT SHORTS EUR/USD --> SHORTS EUR/AUD --> SHORTS, CT LONGS EUR/CAD --> CONSO EUR/GBP --> SHORTS EUR/JPY --> LONGS, CT SHORTS EUR/NZD --> SHORTS GBP/USD --> SHORTS GBP/AUD --> LONGS, CT SHORTS GBP/CAD --> LONGS, CT SHORTS GBP/JPY --> LONGS, CT...
hey Alfonso,
i went thru what you have listed in this post. Just to make sure we r on the same page. I find it very usefull and for confirmation or further study (why long or short). U have done an amazing work in this thread, very much appreciated my friend.
Hope u have great week.....happy trading
  • #5,163
  • Jan 20, 2015 5:38pm Jan 20, 2015 5:38pm
Quoting PipUpYrDay
{quote} hey Alfonso, i went thru what you have listed in this post. Just to make sure we r on the same page. I find it very usefull and for confirmation or further study (why long or short). U have done an amazing work in this thread, very much appreciated my friend. Hope u have great week.....happy trading
You are welcome my friend, glad to help a little bit! Have a great day!
Alfonso
Set and Forget supply and demand trading community
  • #5,164
  • Jan 20, 2015 5:40pm Jan 20, 2015 5:40pm
Quoting BlackCat
Hi Alfonso, Im currently studying this thread page by page... video by video.... and i noticed some of the videos are not available anymore...are those videos for members only? for example... http://www.forexfactory.com/showthre...64#post6691764 or http://www.forexfactory.com/showthre...12#post6750212 Thanks BlackCat
This has been mentioned a few times in the thread, but maybe you didn't reach those posts yet. They are not available any more, there are many others that talk about the same things and they are available in the supply and demand youtube channel you can find in post #1.

Alfonso
Set and Forget supply and demand trading community
  • #5,165
  • Edited Jan 21, 2015 1:16am Jan 20, 2015 5:42pm | Edited Jan 21, 2015 1:16am
I was not triggered on 2 x D1 longs on USD/PLN. Monthly, Weekly and Daily up. Bigger picture = Up = longs

I had planned them (see attachment and yellow zones). Both were fresh levels but my EA didn't take them, bigger picture up, TL respected, EA didn't take them, why? Talked to IC the other day, extreme volatility, so trades were not filled, I would have taken 1 loss and a great winner, but EA didn't take any of them because of the news volatility.

It happened the same day the CHF news happened, I believe there is no relationship but that long tail happened the same day, it'ss crazy. I checked the news for that day on myFxBook which shows PLN related news, but found nothing there.

I didn't get a loss on upper level but I would have loved to have that not and not missing the the lower valid one, crazy!

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Set and Forget supply and demand trading community
  • #5,166
  • Jan 20, 2015 6:54pm Jan 20, 2015 6:54pm
Quoting panoramia
I was not triggered on 2 x D1 longs on USD/PLN. Monthly, Weekly and Daily up. Bigger picture = Up = longs I had planned them (see attachment and yellow zones). Both were fresh levels but my EA didn't take them, bigger picture up, TL respected, EA didn't take them, why? Talked to IC the other day, extreme volatility, so trades were not filled, I would have taken 1 loss and a great winner, but EA didn't take any of them because of the news volatility. It happened the same day the CHF news happened, but I believe there is no relationship, but that...

Alfonso man, thats bummer, for sure would have been nice trade on lower level. I havent experienced such event yet.
Well anyways more trades to come this year...cheers
  • #5,167
  • Jan 21, 2015 1:50am Jan 21, 2015 1:50am
Quoting panoramia
I was not triggered on 2 x D1 longs on USD/PLN. Monthly, Weekly and Daily up. Bigger picture = Up = longs I had planned them (see attachment and yellow zones). Both were fresh levels but my EA didn't take them, bigger picture up, TL respected, EA didn't take them, why? Talked to IC the other day, extreme volatility, so trades were not filled, I would have taken 1 loss and a great winner, but EA didn't take any of them because of the news volatility. It happened the same day the CHF news happened, I believe there is no relationship but that long...

Alfonso, I had download all your SD indicators, but I didn't know you have EA for SD trading already.
May I know the link to download your SD EA? TY.
Simple is powerful all the time.
  • #5,168
  • Jan 21, 2015 5:06am Jan 21, 2015 5:06am
Quoting RiverTrader
{quote} Alfonso, I had download all your SD indicators, but I didn't know you have EA for SD trading already. May I know the link to download your SD EA? TY.
I have an EA my friend, but it's only for personal use, taken me 2 years to develop it as I want. It's just for my personal use, not sold, rented or shared sorry.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,169
  • Jan 21, 2015 10:38am Jan 21, 2015 10:38am
AUDCAD worked great. We ll see how it does around big round number 1.000
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  • #5,170
  • Jan 22, 2015 4:48am Jan 22, 2015 4:48am
Hello there,
it's my first analisys in here.
What do you think about eur cad?
Monthly is in bulish consolidation, price is bounsing from a nice demand zone.
Weekly is still in down trend, but on daily we have nice fresh and original level nested in monthly demand.
If price reaches that level i will try long.

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  • #5,171
  • Jan 22, 2015 6:17am Jan 22, 2015 6:17am
Hello, Alfonso

I am having some problem with rectangle reader, Daily 50% line not showing up and also its not showing the % in curve, even settings are on in the indicator. below are the pictures.

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  • #5,172
  • Jan 22, 2015 6:25am Jan 22, 2015 6:25am
Quoting melcer
Hello there, it's my first analisys in here. What do you think about eur cad? Monthly is in bulish consolidation, price is bounsing from a nice demand zone. Weekly is still in down trend, but on daily we have nice fresh and original level nested in monthly demand. If price reaches that level i will try long. {image} {image} {image}
Makes sense. MN DZ is in control. Nice D1 DZ being formed at the bottom at the MN DZ retest. Wicky supply zones to the left, price could continue higher from there before it drops.

Alfonso
Set and Forget supply and demand trading community
  • #5,173
  • Jan 22, 2015 6:28am Jan 22, 2015 6:28am
Quoting Solomon1a
Hello, Alfonso I am having some problem with rectangle reader, Daily 50% line not showing up and also its not showing the % in curve, even settings are on in the indicator. below are the pictures. {image} {image}
There is no problem with the indicator, you are not doing it well.

Don't we need two references/prices to calculate half of it? I can't calculate 50% of something if I don't have the minimum and the maximum isn't it? Look a the upper right side of your chart, the indicator is saying that you HAVE NOT drawn any manual D1 supply zone. How can the indicator show you the 50% retracement if you haven't drawn a D1 supply zone? It's impossible for the indicator or anybody

Alfonso
Set and Forget supply and demand trading community
  • #5,174
  • Jan 22, 2015 6:55am Jan 22, 2015 6:55am
Hello Alfonso and community,
Just a quick question on the rules: Are CP zones (continuation pattern) as valid as supply/demand zones for entries? You seem to treat them differently, but i'm not sure why...
thank you,
frover
  • #5,175
  • Jan 22, 2015 8:13am Jan 22, 2015 8:13am
Quoting frover
Hello Alfonso and community, Just a quick question on the rules: Are CP zones (continuation pattern) as valid as supply/demand zones for entries? You seem to treat them differently, but i'm not sure why... thank you, frover
Read the first post my friend, there are 2 types of levels: valleys/peaks and CPs. They are the same. There are nuances that you need to learn, lots of information and videos to get that information from. There are many different brands of cars, BMW, Ford, Mercedes, they have different colors and shapes, but they all are cars. Same applies to the 2 types of levels.

Alfonso
Set and Forget supply and demand trading community
  • #5,176
  • Jan 22, 2015 9:12am Jan 22, 2015 9:12am
Quoting panoramia
{quote} There is no problem with the indicator, you are not doing it well. Don't we need two references/prices to calculate half of it? I can't calculate 50% of something if I don't have the minimum and the maximum isn't it? Look a the upper right side of your chart, the indicator is saying that you HAVE NOT drawn any manual D1 supply zone. How can the indicator show you the 50% retracement if you haven't drawn a D1 supply zone? It's impossible for the indicator or anybody Alfonso

Thanks for help =), i know there is no error in rectangle reader,i am using your system since 6 months and i am still in testing process and getting nice results now i wonder what i was missing. thanks again alfonso.
  • #5,177
  • Jan 22, 2015 3:02pm Jan 22, 2015 3:02pm
Hello, friends!
What are you think about EURGBP? Whether I correctly made everything? Or may be it's too low for buy.
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  • #5,178
  • Jan 23, 2015 12:50am Jan 23, 2015 12:50am
Quoting Sinal
Hello, friends! What are you think about EURGBP? Whether I correctly made everything? Or may be it's too low for buy. {image} {image} {image}
Monthly demand zone was taken out on EUR/GBP, short is the bias for eur/gbp. If they don't work, well they don't work, next one! Make sure the levels you choose follow the rules, nice departure, small candles at the base, no wicky bases, etc.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,179
  • Jan 23, 2015 12:51am Jan 23, 2015 12:51am
Quoting Solomon1a
{quote} Thanks for help =), i know there is no error in rectangle reader,i am using your system since 6 months and i am still in testing process and getting nice results now i wonder what i was missing. thanks again alfonso.
I guess your answer means that your problem is fixed, that you realized you just needed to draw the opposing D1 supply zone to calculate the 50% retracement.

Have a great weekend,
Alfonso
Set and Forget supply and demand trading community
  • #5,180
  • Edited 1:33am Jan 23, 2015 1:08am | Edited 1:33am
I had another short triggered on AUD/USD on my weekly account, where I only trade weekly imbalances. I had taken previous ones and closed them already. Waited for a new one and was triggered a few days ago, there were nested supply zones within to be taken on lower timeframes. My short entry was drilled down on the WK SZ because the proximal line had no good imbalance on the daily timeframe, I do that often to drill my entries.

Potential WK SZ if we consolidate away for 1 WK candle and we create 2:1 imbalance.

Bias is short for the AUD/USD, Monthly, Weekly and Daily are down, no reason to think of longs. I short until I get a loss, then I will re-analyze!
Hope it's clear!
Have a great day,
Alfonso

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