Easy Supply and Demand Trading | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Supply and Demand trading with Fibs 1,969 replies

Supply and Demand Swing Trading 26 replies

Trading is supply and demand 480 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

  • #261
  • Aug 20, 2015 1:58pm Aug 20, 2015 1:58pm
Quoting 4rXal-ghul
EURCHF 15 Minutes. @Hoffi @ House. I am hoping to take advantage of the fresh Demand down below. I think it has good profit potential seeing as it took out the first supply zone (pink shaded area) and the other supply-turned demand zone (blue shaded area). However I am not sure if my attention should be on the blue shaded area seeing it is the most recent but at the same time very close to a recent supply in play. Please can anyone help out with suggestion or thoughts? {image}
Id like at least a spike above this level before getting in on a retracement. Also id like for it to test the level right under in blue Which is the previous swing high on 4H. But that's just me and what im comfortable with. Anything can happen
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCHFH1 View 8.20.15.png Size: 55 KB
Click to Enlarge Name: EURCHFH4 view 8.20.15.png Size: 63 KB
  • #262
  • Edited 2:54pm Aug 20, 2015 2:42pm | Edited 2:54pm
Quoting 4rXal-ghul
EURCHF 15 Minutes. @Hoffi @ House. I am hoping to take advantage of the fresh Demand down below. I think it has good profit potential seeing as it took out the first supply zone (pink shaded area) and the other supply-turned demand zone (blue shaded area). However I am not sure if my attention should be on the blue shaded area seeing it is the most recent but at the same time very close to a recent supply in play. Please can anyone help out with suggestion or thoughts? {image}
Hi 4rXal-ghul...

I dont think the blue region is a zone to pay attention too... And am also in doubt regarding the bottom zone you intend to trade off from.
Starting from the latter... if you look to the left of it... where we have the 1st pivot low... there was a zone that was formed there... thats the origin of the zone you are intending to trade of... also notice that the prices moved away from it and came back to it a couple of times ..... including where you think is the origin of your zone is....thus making it a touched zone - not fresh zone after all.

Reading the blue zone .... yes that was a good zone drawing but it failed to hold thus invalidating it... so no zone there any more....

Regarding the top most zone.... i think the drawing should have started at the top of that swing high ... just above where you have drawn it... if thats the case then that zone becomes invalidated because the most recent swing high (were prices are) touched that zone already and prices moved off that zone to where the most recent price is at on the chart.

Anyway... that who i would have interpreted the zones.... perharps someone else will see it differently.....
Over to you hoffi, paulforex and the other Supply Demand Gurus....

Cheers.
  • #263
  • Aug 20, 2015 3:01pm Aug 20, 2015 3:01pm
Maybe this is usefull:
Big Banks manipulate price to run retailer stops.
They call them "liquidity pools".
Remember they have the privilege of seeing all the orders stacked.

Check the numbers I marked on the 15 min Aussie chart.
Each is a manipulation point, coinciding with a S/R zone .
Watch the price reaction after the stop run: Big Money makes those moves!!
You can use this as a filter: wait till price reahes the zone, look for the obvious retailer stop zone.
Wait till stops get run by a few pips...
Either take the trade or look for the confirmation on the lower TF...like originally posted in this thread.
Attached Image (click to enlarge)
Click to Enlarge Name: run.PNG Size: 58 KB
  • #264
  • Aug 21, 2015 6:02am Aug 21, 2015 6:02am
Hello everyone,

Been following this thread from the beginnen. Is it a good idea to make skype group where we exchange information and possible demand and supply levels?

If you are interested add me on skype robin.van.veen1
  • #265
  • Aug 22, 2015 9:12am Aug 22, 2015 9:12am
Finally, my thread is Ready on forexfactory forum. Name: Priceless Simple Trading Ideas.

Thanks all for encouraging me to open this thread and you will NEVER regret joining the thread.

Wishing all the best

Paulforex
Forex is my Love! Forex is my Life!!
  • #266
  • Aug 23, 2015 1:23am Aug 23, 2015 1:23am
Quoting SteeP7
{quote} Id like at least a spike above this level before getting in on a retracement. Also id like for it to test the level right under in blue Which is the previous swing high on 4H. But that's just me and what im comfortable with. Anything can happen {image} {image}
Thanks very much! I appreciated seeing that chart from your perspective. Maybe one thing I have to work on is focusing more on the bigger picture.

Quoting lgitonga
{quote} Hi 4rXal-ghul... I dont think the blue region is a zone to pay attention too... And am also in doubt regarding the bottom zone you intend to trade off from. Starting from the latter... if you look to the left of it... where we have the 1st pivot low... there was a zone that was formed there... thats the origin of the zone you are intending to trade of... also notice that the prices moved away from it and came back to it a couple of times ..... including where you think is the origin of your zone is....thus making it a touched zone - not...
@Igitonga. Thanks a million. I picked quite a number of points from your reply I hope to implement. Yes I checked the uppermost zone drawn, and indeed there was a zone just right above it that price actually responded too!

As regards the bottom zone.. I think there is a reason why I feel like I better of trading the continuations (RBR,DBD) than the reversals (RDB, DBR) so I can avoid the mistaking retouched zones for fresh zones as I find this often happens in reversals (RDB, DBR). Thanks, you openned my eyes.
  • #267
  • Aug 23, 2015 6:22am Aug 23, 2015 6:22am
Quoting Hoffi4201
{quote} I have the SupDem Indiciator but as I posted earlier, the indicator shows you not always the best zones. I have always a look by myself on the charts!
Totally agree!
It educates your eye if you do it manually..
...whilst the indi tends to spoon feed your trading....might be OK for confirmation though...
  • #268
  • Aug 24, 2015 1:30am Aug 24, 2015 1:30am
EURAUD 4H.
Which are the best zones? Demand zone 1,2,3 or 4? Still trying to train my eye to pick out the best zones.
Attached Image (click to enlarge)
Click to Enlarge Name: EUAD.PNG Size: 44 KB
  • #269
  • Aug 24, 2015 4:51am Aug 24, 2015 4:51am
2 and 4 are good zones,
3 zone is okay.
1 is bad!
  • #270
  • Aug 24, 2015 9:34am Aug 24, 2015 9:34am
Quoting Hoffi4201
2 and 4 are good zones, 3 zone is okay. 1 is bad!
please tell me the reason why is 3 lesser then 2 and 4
(departure?)
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #271
  • Aug 24, 2015 10:18am Aug 24, 2015 10:18am
I'ts like drawing trendlines so therefore it is subjective. The basic premise is looking for areas where it moved away fast and dramatically not areas where it took 4 or 5 candles to leave.

A better example not drawn on your chart is 10th August where you can see what I mean.
  • #272
  • Aug 24, 2015 6:19pm Aug 24, 2015 6:19pm
thanks for sharing good idea, paulforex.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 08-25-15 at 06.15 AM.PNG Size: 321 KB
The Average Discount Everything
  • #273
  • Aug 26, 2015 1:25am Aug 26, 2015 1:25am
Quoting Hoffi4201
2 and 4 are good zones, 3 zone is okay. 1 is bad!
Thanks @Hoffi4201! I have reviewed the zones again. Yes, I will only look to trade zone 2 and 4. The initial reason I highlighted zone 1 was because of the way it appeared on the H1 chart.
It looked to me like there was a little gap up somewhere around that zone before price left in a hurry. If you also see it like that, does it change your view on zone 1? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: EUADH1.PNG Size: 40 KB
  • #274
  • Aug 26, 2015 1:32am Aug 26, 2015 1:32am
Quoting handy148
I'ts like drawing trendlines so therefore it is subjective. The basic premise is looking for areas where it moved away fast and dramatically not areas where it took 4 or 5 candles to leave. A better example not drawn on your chart is 10th August where you can see what I mean.
@handy148 thanks so much for your reply! I feel like I have been reminded of something very important here - a non-negotiable rule. Now I'm wondering how I didn't spot that 10 August move when it was in fact the best picture of a demand zone. Thanks a million man!

I am definitely learning good stuff here.
  • #275
  • Aug 26, 2015 2:15am Aug 26, 2015 2:15am
Quoting 4rXal-ghul
{quote} Thanks @Hoffi4201! I have reviewed the zones again. Yes, I will only look to trade zone 2 and 4. The initial reason I highlighted zone 1 was because of the way it appeared on the H1 chart. It looked to me like there was a little gap up somewhere around that zone before price left in a hurry. If you also see it like that, does it change your view on zone 1? Thanks. {image}
add the daily line.
Either you have a bad price feed or its your broker daily open.
I have no gap.
Attached Image (click to enlarge)
Click to Enlarge Name: wM7Zdq1.png Size: 11 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #276
  • Aug 26, 2015 3:03am Aug 26, 2015 3:03am
Quoting 4rXal-ghul
{quote} Thanks @Hoffi4201! I have reviewed the zones again. Yes, I will only look to trade zone 2 and 4. The initial reason I highlighted zone 1 was because of the way it appeared on the H1 chart. It looked to me like there was a little gap up somewhere around that zone before price left in a hurry. If you also see it like that, does it change your view on zone 1? Thanks. {image}
There was a little gap up for me, too. But this is not a good zone. Always remember:
A good zone is where a base is formed with a few candles. And after that the price has to rise/fall very straight! You have to see it very clearly
  • #277
  • Aug 27, 2015 1:24pm Aug 27, 2015 1:24pm
Quoting Bernhard
{quote} add the daily line. Either you have a bad price feed or its your broker daily open. I have no gap. {image}
Thanks @Bernhard for your observation.
  • #278
  • Aug 27, 2015 1:26pm Aug 27, 2015 1:26pm
Quoting Hoffi4201
{quote} There was a little gap up for me, too. But this is not a good zone. Always remember: A good zone is where a base is formed with a few candles. And after that the price has to rise/fall very straight! You have to see it very clearly
@Hoffi4201. Truly appreciate your replies. They keep reminding me of the founding principles of SD trading. I'll continue to take notice of what you pointed out.

Just a question though. Do you consider stuffs like Fundamentals when deciding the levels to trade from? Are stuffs like prevailing market sentiment and news data put in consideration in your trades? I'd really love to know. Thanks.
  • #279
  • Aug 27, 2015 2:51pm Aug 27, 2015 2:51pm
Quoting 4rXal-ghul
{quote} @Hoffi4201. Truly appreciate your replies. They keep reminding me of the founding principles of SD trading. I'll continue to take notice of what you pointed out. Just a question though. Do you consider stuffs like Fundamentals when deciding the levels to trade from? Are stuffs like prevailing market sentiment and news data put in consideration in your trades? I'd really love to know. Thanks.
Yes I consider especially high impact news. Other fundamentals aren't that important.
  • #280
  • Aug 27, 2015 7:31pm Aug 27, 2015 7:31pm
The image does'nt require any comment
Attached Image (click to enlarge)
Click to Enlarge Name: II866245-94.png Size: 54 KB
0 traders viewing now