Supply and demand in a nutshell by Alfonso Moreno | Page 291 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #5,801
  • Jul 16, 2015 4:20pm Jul 16, 2015 4:20pm
Quoting mrodrigues
Alfonso, Hello, I came across your thread after listening to Sam S for quite a while and wasn't getting it. I like everyone else truly appreciate your hard work, and effort that you've provided. I've begun studying your material and listening to your YOUTUBE video's to digest this. I plan on taking all the needed time to get this right before I place a live trade. I have a few questionsif I may, When assessing a level for it to be original my interpretation of the rule is, when an area is determined look left, and the 1st candle or area you run...
Thanks for your message, kind words and interest in supply and demand.

Replying to your questions is difficult without a chart, the link to attachment you added doesn't work so I can't see what you are trying to say.

Could you please edit your post and/or paste the screenshot with the questions?
Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,802
  • Jul 16, 2015 4:49pm Jul 16, 2015 4:49pm
Here it is. This is the EUR/USD monthly.
http://www.forexfactory.com/attachme...1&d=1437083262
Attached Image (click to enlarge)
Click to Enlarge Name: supply demand example.png Size: 56 KB
  • #5,803
  • Jul 16, 2015 5:17pm Jul 16, 2015 5:17pm
Hello, Alfonso.

The trend indicator is not available in free version of SnD?
  • #5,804
  • Jul 17, 2015 2:13am Jul 17, 2015 2:13am
Quoting Solomon1a
Hello, Alfonso. The trend indicator is not available in free version of SnD?
The trendline dashboard indicator is an indicator developed in the Set and Forget community for members only, there are some tools that were developed by members, so they are only being shared within the community, sorry.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,805
  • Jul 17, 2015 2:15am Jul 17, 2015 2:15am
Quoting mrodrigues
Here it is. This is the EUR/USD monthly. {image} {image}
Hello my friend,

My 2 cents on your chart. You drew EURUSD's monthly supply and demand imbalances incorrectly, you are not covering the whole areas, lowest lows for demand, highest highs for supply. Correct ones in yellow.

Short bias

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB
Set and Forget supply and demand trading community
  • #5,806
  • Jul 17, 2015 3:59am Jul 17, 2015 3:59am
Quoting panoramia
{quote} Hello my friend, My 2 cents on your chart. You drew EURUSD's monthly supply and demand imbalances incorrectly, you are not covering the whole areas, lowest lows for demand, highest highs for supply. Correct ones in yellow. Short bias {image}
Hi Panoramia... I didnt start studying very first post but will soon... but before that I wanna ask you this ques:

I usually use COG for support & resistance & this is where it shows S&R according to past data:

Could you plz take a good look at it... whether it showing correct or incorrect

Past data based on chart:

M1 - 8h 20m
M5 - 41h 40m
M15 - 125h or 5D
M30 - 250h or 10D
H1 - 500h or 20D

therefore, which time frame should I use for intra day trading S&R?

here is the attached pic on H1 chart
Attached Image (click to enlarge)
Click to Enlarge Name: cog.png Size: 132 KB
It is the dust where you came from & it is the dust where you shall return
  • #5,807
  • Jul 17, 2015 5:17am Jul 17, 2015 5:17am
Quoting infernal199
{quote} Hi Panoramia... I didnt start studying very first post but will soon... but before that I wanna ask you this ques: I usually use COG for support & resistance & this is where it shows S&R according to past data: Could you plz take a good look at it... whether it showing correct or incorrect Past data based on chart: M1 - 8h 20m M5 - 41h 40m M15 - 125h or 5D M30 - 250h or 10D H1 - 500h or 20D therefore, which time frame should I use for intra day trading S&R? here is the attached pic on H1 chart {image}
A couple of things on your post. The thread does not allow charts containing indicators or moving averages not included in the set of rules. We only use 20 EMA as confluence, no other indicator. Trendlines have very specific rules to be drawn as well. I see you added other things and you also used the H1 timeframe. Timeframes lower than H1 are not allowed since this thread is not about intraday, but swing/position trading, H1 is not used for that. Please bear that in mind, it's not allowed in this thread, so could you please remove your post?

I can't take a look at it because I don't know what you want me to look at, for an analysis multiple timeframes are needed, you only uploaded H1 and intraday is not allowed in the thread. The rules work on intraday and scalping but these entries not covered in the thread sorry. For intraday, D1 should be your curve, H4 your intermediate timeframe, and H1, M30 or M15 your entry TF, depending on how much you want to drill down your entry.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,808
  • Jul 17, 2015 5:40am Jul 17, 2015 5:40am
Quoting panoramia
{quote} A couple of things on your post. The thread does not allow charts containing indicators or moving averages not included in the set of rules. We only use 20 EMA as confluence, no other indicator. Trendlines have very specific rules to be drawn as well. I see you added other things and you also used the H1 timeframe. Timeframes lower than H1 are not allowed since this thread is not about intraday, but swing/position trading, H1 is not used for that. Please bear that in mind, it's not allowed in this thread, so could you please remove your...
ok i am sorry about that... anyway, I will read the first post clearly lets see what i can learn... I requested for cleanup of my previous post
It is the dust where you came from & it is the dust where you shall return
  • #5,809
  • Jul 17, 2015 6:09am Jul 17, 2015 6:09am
Quoting infernal199
{quote} ok i am sorry about that... anyway, I will read the first post clearly lets see what i can learn... I requested for cleanup of my previous post
Thanks a lot my friend. Read the first post and everything will be clearer. The lower the timeframe you use, the faster it will be, the more noise and the more experience you will need. I am trading Daily imbalances, there are so many trades just in those that I don't need to look lower timeframes. But each of us needs to find its way, maybe yours is lower timeframes.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,810
  • Jul 17, 2015 7:17am Jul 17, 2015 7:17am
Alfonso,

So based on my chart that you corrected, these were my original questions. I truly appreciate your help.

I have a few questionsif I may,
When assessing a level for it to be original my interpretation of the rule is, when an area is determined look left, and the 1st candle or area you run into should not be a reaction to a a previous level. I presume that the area left should be a solid body candle? In my example below area 2 is a doji pause on the way down, but on the way back up area #1 is fresh but would the pause at area 2 cause any concern? Does it negate it being original? I'm guessing that the area left shouldn't be a CP. Is that correct? An additional clarification, look at point 4 on my chart. It's a peak, which seems to be a reaction to the peak to it's left. In this case would that area at point 4 not be original?

My other point of confusion is looking at points 3, 4 and 5. How is point 4 to 5 considered any supply when it's inside the upleg from 3 to 4? If a price leg is inside or within an opposite price leg, how does that get defined as either supply or demand?
  • #5,811
  • Jul 17, 2015 7:04pm Jul 17, 2015 7:04pm
Quoting mrodrigues
Alfonso, So based on my chart that you corrected, these were my original questions. I truly appreciate your help. I have a few questionsif I may, When assessing a level for it to be original my interpretation of the rule is, when an area is determined look left, and the 1st candle or area you run into should not be a reaction to a a previous level. I presume that the area left should be a solid body candle? In my example below area 2 is a doji pause on the way down, but on the way back up area #1 is fresh but would the pause at area 2 cause any...
Please, attach the screenshot and points you are referring to in your reply. I don't know which one you are referring to. Remember I'm going through many charts every day in the community as well, I need to see what you are referring to, comments on top of the screenshot, etc, and my question will be super fast. Looking forward to the screenshot and questions.

You didn't attach the chart you are referring to in your answer, going back and looking for it is something I can't do, lots of things to do, would love to, but I just can't... If the screenshot is attached then I can quickly answer

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,812
  • Jul 18, 2015 12:18pm Jul 18, 2015 12:18pm
So forex tester 2 is the way to go still Alfonso?
Trade what you see .
  • #5,813
  • Jul 18, 2015 1:19pm Jul 18, 2015 1:19pm
Hi, Does anyone have the indicators for the forex tester 2?
Thanks in advance.
Trade what you see .
  • #5,814
  • Jul 19, 2015 3:10am Jul 19, 2015 3:10am
Quoting dano858
So forex tester 2 is the way to go still Alfonso?
Forex Tester is the way to go now and always unless you have a few years of time you'd like to spare It's up to you. There are indicators available, but they have been created by members of the community themselves, they are not available in this thread, sorry. They help but they are not compulsory to understand improve in your understanding of the rules. I didn't use any when I did all my initial tests.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,815
  • Jul 19, 2015 3:12pm Jul 19, 2015 3:12pm
Alfonso,

I was reading more of the first post and have decided to hold off on my questions until I can identify the info in the thread. I want to thank you for your time, and I"m sure you'll hear from me or see me in a future webinar! Many thanks!!!
  • #5,816
  • Jul 19, 2015 7:54pm Jul 19, 2015 7:54pm
Quoting panoramia
{quote} Forex Tester is the way to go now and always unless you have a few years of time you'd like to spare It's up to you. There are indicators available, but they have been created by members of the community themselves, they are not available in this thread, sorry. They help but they are not compulsory to understand improve in your understanding of the rules. I didn't use any when I did all my initial tests. Cheers, Alfonso
Ok Thanks Alfonso and thanks for all your time you put into this thread.Do you still have a subscription service?
Trade what you see .
  • #5,817
  • Jul 19, 2015 10:07pm Jul 19, 2015 10:07pm
Quoting ramse
{quote} I think the lower one isn't a demand zone.
Thanks ramse. Lower demand wasnot took out any supplys level so it not consider a demand. that right?
  • #5,818
  • Jul 20, 2015 7:22am Jul 20, 2015 7:22am
Quoting baolong610
{quote} Thanks ramse. Lower demand wasnot took out any supplys level so it not consider a demand. that right?
Hi friend,

No imbalance. Moreover, the base should have no more than 6 bars. In your cp, there are 6 bases + a marabozu (7 bars).
Regards
  • #5,819
  • Jul 20, 2015 9:05am Jul 20, 2015 9:05am
Quoting mrodrigues
Alfonso, I was reading more of the first post and have decided to hold off on my questions until I can identify the info in the thread. I want to thank you for your time, and I"m sure you'll hear from me or see me in a future webinar! Many thanks!!!
No worries my friend. There is a lot of information in the first post and also in almost 6000 posts, take your time, there is a lot of valuable information.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #5,820
  • Jul 20, 2015 9:07am Jul 20, 2015 9:07am
Quoting mrodrigues
Alfonso, I was reading more of the first post and have decided to hold off on my questions until I can identify the info in the thread. I want to thank you for your time, and I"m sure you'll hear from me or see me in a future webinar! Many thanks!!!
There is a lot of information in the 1st of this thread, youtube video channel and also in thousands of posts. If you want to learn about the community visit www.set-and-forget.com for more information.

Have a great Monday and week my friend!
Cheers,
Alfonso
Set and Forget supply and demand trading community
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