Looks Good! Your charts are nice and clean with this good Sup & Demand EA. Can you share the EA and Template?
Cheers!
Sachu
- #164
- Jul 15, 2015 9:59am Jul 15, 2015 9:59am
The rules of this system I use!
Time Frame: 1hr and Daily.
Currency: Any Trending currency. I only trade GBPUSD and EURUSD.
The indicator gives alert on your chart when Price enters Supply(Green) or Demand(Red) zones.
My setup is: I use Daily chart to see STRONG Supply and Demand Zones clearly while i use 1hr to confirm and enter.
I SELL when Price hit the Supply(Green) zone with several alerts, followed by a BEARISH candle on 1hr.
I BUY when Price hit Demand(RED) zone with several alerts, followed by a BULLISH candle on 1hr chart.
This is "my own way" i get signals and it has been working for me 90% always as i target Only 10pips.
NOTE: Apart from STRONG zones which has thick colors, weak colors "SOMETIMES" guides in taking trades.
However, i do like to see several clusters of candles within the weak zones and a rejection before i decide to take trade.
You can also see the indicator in another perspectives. My Advice: Focus on few currencies so as to master the behaviour with
supdem indicator.
Time Frame: 1hr and Daily.
Currency: Any Trending currency. I only trade GBPUSD and EURUSD.
The indicator gives alert on your chart when Price enters Supply(Green) or Demand(Red) zones.
My setup is: I use Daily chart to see STRONG Supply and Demand Zones clearly while i use 1hr to confirm and enter.
I SELL when Price hit the Supply(Green) zone with several alerts, followed by a BEARISH candle on 1hr.
I BUY when Price hit Demand(RED) zone with several alerts, followed by a BULLISH candle on 1hr chart.
This is "my own way" i get signals and it has been working for me 90% always as i target Only 10pips.
NOTE: Apart from STRONG zones which has thick colors, weak colors "SOMETIMES" guides in taking trades.
However, i do like to see several clusters of candles within the weak zones and a rejection before i decide to take trade.
You can also see the indicator in another perspectives. My Advice: Focus on few currencies so as to master the behaviour with
supdem indicator.
Forex is my Love! Forex is my Life!!
- #167
- Jul 15, 2015 10:51am Jul 15, 2015 10:51am
My Advice: SupDem indicator lags but you can ALWAYS twist it to guide you make daily Profits which is the aim why we trade. Try different currencies and see where it work best. DONT be here and be here you will loss sight of SupDem Profitable qualities. Take atleast one full week without trading and watch how it reacts to market everyday. Avoid news (Noise). Try different sessions. Lastly, take note, create a plan and stick to it and you will NEVER lose a single trade. I dont lose any trade because am 100% sure before taking any trade, with a mission to take JUST 10pips everyday.
NOTE: I will be offline from 7/16/2015 till 7/29/2015. So no post or answer to any question.
Have a PiPful moment Always,
Regards,
Paulforex
NG
Forex is my Love! Forex is my Life!!
{quote} Paul, i think that is not 10 pips TP but 5 pips. Am i missing something? And also, why not trade 1.1 lot instead of 11 0.1 lot? whats the difference? thanks!
the trades were still in progress and not yet hit TP, that's why they are lesser than 10 pips....
