Easy Supply and Demand Trading | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading is supply and demand 481 replies

Supply and Demand trading with Fibs 1,969 replies

Supply and Demand Swing Trading 26 replies

trading is simple - trading is easy 43 replies

Supply and demand trading 1 reply

Attachments: Easy Supply and Demand Trading
Exit Attachments

Easy Supply and Demand Trading

  • #101
  • Jul 8, 2015 1:54am Jul 8, 2015 1:54am
Quoting Burntwaffle
Hey guys, Loving all of the suggestions to take, it's really helping me. I had a nice little winner yesterday with the GBP/CAD. So rather than asking (as I usually do) what went wrong. I thought maybe some of you guys could tell me what went right with this trade? Why did it work out? I took my profit at 1.9710 and my stop loss was just below the lower demand line. I entered at about 1.9650. http://i.imgur.com/K6FgThj.png Thanks!
you may want to look at Sam Seiden odd enhancer
from my quick look the first move is strong, level is fresh and have good RR , I forgot the other enhancer though , that three things is what I usually look at

how do you enter it? limit or what sort of confirmation?
In the end its just a stupid numbers game
  • #102
  • Jul 8, 2015 3:25am Jul 8, 2015 3:25am
Quoting sajidkust
Hi fellow traders, A nice thread indeed. Once I auotmated the Insanity Industries Supdem indicator for the 28 pairs. But the results were not so much encouraging just because of two reasons. (i) Due to the appearance of temporary fresh SupDem Zones, I was having pre-mature un-desired exits. (ii) Sometimes Price reverses without touching the opposite SupDem zone, so this behavior was leaving some trades to be exitless. I will give a full reading to that thread as I believe that this thread has much valuable information then i was having before. And...
You are right! I notice the same that is why i take ONLY 10pips, then multiply my order 20times. My lot is 0.1($1per pip times 20 orders = $200daily) guaranteed without any emotion or stress!
Forex is my Love! Forex is my Life!!
  • #103
  • Jul 8, 2015 3:36am Jul 8, 2015 3:36am
Quoting Hoffi4201
{quote} Thanks for the indi! My question to you is what you exactly mean by multiply the order times 20 ? 10 pips SL and 200 pips TP `?
@ Hoffi4201. NO! I dont use STOPLOSS because of Hunters. I only pick 10pips daily then multiply my single order with my customize EA (Order Multiplier = 20). My TP is Always 10pips also customized, no STOPLOSS because i got a good and clear signal. Then instantly i open an order, the EA will instantly multiply same order 20times + my 1manual order = 21orders at once. I pay brokers spread with 1order while i pocket 20orders and with my $1000 account, i use 0.10LOT ($1per pip), thereby giving me $200 daily within 5mins.
Forex is my Love! Forex is my Life!!
  • #104
  • Jul 8, 2015 3:49am Jul 8, 2015 3:49am
Quoting Burntwaffle
Hey guys, Loving all of the suggestions to take, it's really helping me. I had a nice little winner yesterday with the GBP/CAD. So rather than asking (as I usually do) what went wrong. I thought maybe some of you guys could tell me what went right with this trade? Why did it work out? I took my profit at 1.9710 and my stop loss was just below the lower demand line. I entered at about 1.9650. http://i.imgur.com/K6FgThj.png Thanks!

Well timed entry. Good RR. Well executed trade (nice exit at the opposite zone.
These are the trades we are looking for !
Go on like this
  • #105
  • Jul 8, 2015 3:49am Jul 8, 2015 3:49am
Quoting paulforex
{quote} @ Hoffi4201. NO! I dont use STOPLOSS because of Hunters. I only pick 10pips daily then multiply my single order with my customize EA (Order Multiplier = 20). My TP is Always 10pips also customized, no STOPLOSS because i got a good and clear signal. Then instantly i open an order, the EA will instantly multiply same order 20times + my 1manual order = 21orders at once. I pay brokers spread with 1order while i pocket 20orders and with my $1000 account, i use 0.10LOT ($1per pip), thereby giving me $200 daily within 5mins.
Ok, not I get it.
Thanks for sharing your method on S&D
  • #106
  • Jul 8, 2015 4:26am Jul 8, 2015 4:26am
Quoting Sachu
[Hi fellow traders, over 5months now i have been trading base on Supply and Demand with good profits to show. However, since i cant draw the zones properly, i use an indicator which i will attach to this post for anyone who needs it. I Buy from STRONG Demand zones and Sell from STRONG support zones. My daily target is only 10pips, then i multiply the order times 20 with TP only.] Hi Paul, This is great news of your being profitable! I am sure you can share the rules you are using consistently with new guys like me? What time frame? Currency pairs?...
Hi Sachu let me answer your questions in order. Also see the attach screenshot for easy understanding:
Attached Image (click to enlarge)
Click to Enlarge Name: paulforex.png Size: 87 KB


1. My main time frame is 1hr, however i use daily chart to watch old and new zone areas and enter trade on 15mins.
2. I only trade EURUSD and GBPUSD due to their low spread of 2 to 3pips.
3. I trade in any sessions that is relax and ready to give me my 10pips Without stress and emotion. I dont trade during news.
4. My lot size varies as i have many account with different capitals. With my $1000 account, i use 0.1Lot ($1per pip) and 0.5Lot but with my $10k account, i use 1.0Lot ($10 per pip)
5. When i get several and same alerts from 1hr and 15mins chart, hitting Supply or Demand zones, i will wait for 1hr candle to open and move to that direction, then i will open an order, then my customize EA will instantly duplicate my single order to 20 + my single 1order =21 orders once. My EA will also setup TakeProfit of ONLY 10pips at once for the 20 orders. I dont use STOPLOSS because am sure i will get my 10pips within 2-5mins or before direction changes. Also the Hunters ALWAYS hunt my stops, then continue to my direction. So am ALWAYS sure of each trade before i take it. And once i hit my GREEN TP for the 20 orders (The single order i open myself, its profit belong to the broker as i must pay them as they are my managers, managing my account).

NOTE: I trade once a day so as to avoid emotion and greed. So 10pips per day is ok for me. My goal is to ALWAYS make profits daily.

Hope your questions has been answered.

Let me know should you have more questions.

Best Regards,
Paulforex
Forex is my Love! Forex is my Life!!
  • #107
  • Jul 8, 2015 4:47am Jul 8, 2015 4:47am
Quoting paulforex
{quote} Hi Sachu let me answer your questions in order. Also see the attach screenshot for easy understanding: {image} 1. My main time frame is 1hr, however i use daily chart to watch old and new zone areas and enter trade on 15mins. 2. I only trade EURUSD and GBPUSD due to their low spread of 2 to 3pips. 3. I trade in any sessions that is relax and ready to give me my 10pips Without stress and emotion. I dont trade during news. 4. My lot size varies as i have many account with different capitals. With my $1000 account, i use 0.1Lot ($1per pip)...
Dear the Risk is quit high the way you are trading. Can you please mention that what are your exact trading rules.
Forex; the game of movements not the game of candles.
  • #108
  • Jul 8, 2015 4:50am Jul 8, 2015 4:50am
Waiting a great trade setup: GBPUSD.

Am waiting for Price to hit Demand STRONG zone on 1hr chart atleast twice with same alert from 15mins and 1hr chart, the I BUY low and target just ONLY 10pips and that will be all for the day. See screenshot.

NOTE: When you focus on few pairs, study their behavior/traits and trade it, it is always profitable.

Attached Image (click to enlarge)
Click to Enlarge Name: paulforex.png Size: 105 KB


regards,
Paulforex
Forex is my Love! Forex is my Life!!
  • #109
  • Jul 8, 2015 5:01am Jul 8, 2015 5:01am
Quoting sajidkust
{quote} Dear the Risk is quit high the way you are trading. Can you please mention that what are your exact trading rules.
Am afraid! The above are my rules which has never failed me. Since i dont use ST, i MUST be 100% sure of a trade before taking it and that is why i avoid news. In a good day, 10pips is achieved within 10seconds. That is why is good to focus on atleast 2 currency pairs with low spread so as to study them well and profit everyday. Yesterday, i focus on GBPUSD, it moved down over 190pips. I pick out ONLY 10pips, leaving 180pips to go to other trades. Am considerate! Now am seeing GBPUSD going back today and am still studying it.
Forex is my Love! Forex is my Life!!
  • #110
  • Jul 8, 2015 5:23am Jul 8, 2015 5:23am
First, I want to thank the person(s) who started and developed this thread. It's been helpful.

@Paulforex, Thanks for sharing your trading system with us, the screenshots and the indicator files especially. I have downloaded the ex4 indicator file and have placed a few trades with it already. It's doing okay, however I need your help with the proper use of the indicator.

Please help me with the use of the following:

1. The boxes above and below the candlesticks, what's the difference between them when they are filled and when they are empty?
2. The arrows on the bottom right of the screen, what do they indicate? The trend? I also noticed it points in different directions in different timeframes.
3. The bar besides the triangular arrow, partly red and partly white, what does that indicate?
4. The prices that appears on the top and bottom of the triangle, may we please know what they indicate too?
5. How do you combine these indicators in order to make your decision to pull the trigger?

I know that's a trailer - load of questions above but will be grateful if you can help. Also, are you Nigerian? Just curious?

Looking forward to hearing from you.

Thanks for all your help and sharing.
  • #111
  • Jul 8, 2015 5:29am Jul 8, 2015 5:29am
Quoting paulforex
Waiting a great trade setup: GBPUSD. Am waiting for Price to hit Demand STRONG zone on 1hr chart atleast twice with same alert from 15mins and 1hr chart, the I BUY low and target just ONLY 10pips and that will be all for the day. See screenshot. NOTE: When you focus on few pairs, study their behavior/traits and trade it, it is always profitable. {image} regards, Paulforex
First qualification met on 1hour chart with alert hitting Demand STRONG zone. Also second qualification met with 15mins chart alert hitting Demand STRONG zone twice. Now waiting for third, which is 1hour candle to the upside direction for 10pips ONLY. see screenshots.

Attached Image (click to enlarge)
Click to Enlarge Name: paulforex.png Size: 89 KB
Attached Image (click to enlarge)
Click to Enlarge Name: paulforex1.png Size: 85 KB
Forex is my Love! Forex is my Life!!
  • #112
  • Jul 8, 2015 6:01am Jul 8, 2015 6:01am
Am also expecting Daily candle to Hit the WEAK demand zone for if possible today or tomorrow for a FULL Upside confirmation. However, my interest is only 10pips once 15mins and 1hr chart confirmation 100% sure.
Attached Image (click to enlarge)
Click to Enlarge Name: paulforex.png Size: 63 KB


Have a great trading day all.


Regards,
Paulforex
Forex is my Love! Forex is my Life!!
  • #113
  • Jul 8, 2015 6:29am Jul 8, 2015 6:29am
Use the attach template to beautify your chart. I love beautiful charts as it makes me happy and encourage me to ALWAYS profit. Just like living in a furnished apartment in Mississippi and living in a Tantalizing Duplex in NewYork are NOT same. You feel comfortable while trading with a Tantalizing chart. LOL

NOTE: For newbies, to insert the template on to your chart follow these steps:

1. Download the attach file"LondonForexRush.tpl" to your desktop.
2. Open your MT4 platform.
3. Go to File, chose "Open Data Folder".
4. You will see "Template".
5. Paste the copied file inside the template folder.
6. Close the folders, and shut down your platform.
7. Restart your platform, right-click on chart, chose "Template", then Londonforexrush.
8. For other charts you want to beautify, follow step 7.
9. Remember is for beauty Not for signal
10. You are good to go!

Enjoy

Paulforex
Attached File(s)
File Type: tpl LondonForexRush.tpl   3 KB | 1,386 downloads
Forex is my Love! Forex is my Life!!
  • #114
  • Jul 8, 2015 7:02am Jul 8, 2015 7:02am
[Hi Sachu let me answer your questions in order. ------ My EA will also setup TakeProfit of ONLY 10pips at once for the 20 orders. I dont use STOPLOSS because am sure i will get my 10pips within 2-5mins or before direction changes. Also the Hunters ALWAYS hunt my stops, then continue to my direction. So am ALWAYS sure of each trade before i take it. And once i hit my GREEN TP for the 20 orders (The single order i open myself, its profit belong to the broker as i must pay them as they are my managers, managing my account). NOTE: I trade once a day so as to avoid emotion and greed. So 10pips per day is ok for me. My goal is to ALWAYS make profits daily. Hope your questions has been answered. Let me know should you have more questions. Best Regards, Paulforex]

Hi Paul,
Thanks a lot for the most candid answer I have got so far in Fx! Very magnanimous of you mate!
Let me try your stuff and get back with my results.
Where can I get this EA that you talk about in your response?
Cheers!
Sachu
  • #115
  • Jul 8, 2015 7:39am Jul 8, 2015 7:39am
Quoting danzka
{quote} you may want to look at Sam Seiden odd enhancer from my quick look the first move is strong, level is fresh and have good RR , I forgot the other enhancer though , that three things is what I usually look at how do you enter it? limit or what sort of confirmation?
Hey, thanks for the feedback! Yeah, I've watched a ton of Seiden's webinars. So his odds enhancers are written in my notebook.

 

  1. R:R - How has price left the level
  2. Fresh - Has price been back there before?
  3. How much time did price spend at the level?

Those are the main three. I could post all of them if everyone wants to see them?

Well, Sam always said he enters a Buy Limit or a Sell limit. Like pending orders. So since he said that, that's what I do. But yesterday when I took that one, it was right before I had to go to work. I hadn't set a pending order so I just entered manually and it worked!

Always feels good after a winning trade! It's like I'm doing something right.

Quoting Hoffi4201
{quote} Well timed entry. Good RR. Well executed trade (nice exit at the opposite zone. These are the trades we are looking for ! Go on like this
Thanks Hoffi!

I didn't get too greedy, I took price at 4:1 rather than 6:1 which the chart was offering me. And I think that's something for everyone... take the easy money I took profit at 1.9710 I could've easily put it TP at 1.9735 and still won, but I'm happy to secure the winning trade and take a little less.

Anyways, this felt really good this win!

Also want to add. How important is the price action on the left of the chart? What's already happened? Because, I've started to look to the left more and on my chart, it was telling me, the market went down, came back up because demand exceeded supply and then came back to the level for me to take the trade.

Do zones / levels work better when the action on the left is opposite to the price currently?

Thanks guys!
  • #116
  • Jul 8, 2015 7:43am Jul 8, 2015 7:43am
Quoting paulforex
{quote} First qualification met on 1hour chart with alert hitting Demand STRONG zone. Also second qualification met with 15mins chart alert hitting Demand STRONG zone twice. Now waiting for third, which is 1hour candle to the upside direction for 10pips ONLY. see screenshots. {image}{image}
Paul hi! may i know what is your classification of STRONG and WEAK S/D? Do you only trade on strong S/D and avoid the weak S/D? Many Thanks!
  • #117
  • Jul 8, 2015 8:27am Jul 8, 2015 8:27am
Hey guys, EURUSD supply broken like it wasn't there...... Did I do something wrong?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 48 KB
  • #118
  • Jul 8, 2015 8:27am Jul 8, 2015 8:27am
Anybody catch that GBP/NZD downtrend today? I had it set up and it hit the supply zone and fell. I didn't take it. I just wanted to see what was going to happen. Kind of regret it now!

I guess because I'm still learning, I want to see if I can find the levels. Oh well.

Attached Image (click to enlarge)
Click to Enlarge Name: GBP:NZD Missed!.png Size: 75 KB
  • #119
  • Jul 8, 2015 8:35am Jul 8, 2015 8:35am
Quoting lucariga
Hey guys, EURUSD supply broken like it wasn't there...... Did I do something wrong? {image}
Look to the left, wasn't a fresh zone anymore. It was tested 2 times!
  • #120
  • Jul 8, 2015 8:36am Jul 8, 2015 8:36am
Quoting Burntwaffle
Anybody catch that GBP/NZD downtrend today? I had it set up and it hit the supply zone and fell. I didn't take it. I just wanted to see what was going to happen. Kind of regret it now! I guess because I'm still learning, I want to see if I can find the levels. Oh well. {image}
Unfortunately not. Pretty busy right now doing other things than trading. But I recognize that your spotting skills are increasing
0 traders viewing now