Supply and demand in a nutshell by Alfonso Moreno | Page 332 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #6,621
  • Dec 14, 2015 8:05am Dec 14, 2015 8:05am
Hi Alfonso,
great thread finally on the last page but ,i kind off missed the basing candle indicator where is it located please ?

Thanks
  • #6,622
  • Dec 14, 2015 8:23am Dec 14, 2015 8:23am
Quoting neziah
Hi Alfonso, great thread finally on the last page but ,i kind off missed the basing candle indicator where is it located please ? Thanks
Fill the form (on the link below) and you can download it.
http://www.set-and-forget.com/free_webinars
  • #6,623
  • Dec 14, 2015 8:27am Dec 14, 2015 8:27am
Quoting panoramia
{quote} That's the logic, it all has to be logical for your mind to understand a concept. If a zone does not take out an opposing imbalance then it's not a zone. Accomplishments are key! Cheers, Alfonso
So our zone should take out what?
1-another zone
2-trend line
3-or something else
Or only it can be another zone without tren lines or smth else?
Thank you Alfonso.
  • #6,624
  • Dec 14, 2015 10:08am Dec 14, 2015 10:08am
Quoting Alehandro
{quote} So our zone should take out what? 1-another zone 2-trend line 3-or something else Or only it can be another zone without tren lines or smth else? Thank you Alfonso.
It's all in the first post and the webinars my friend. You must do your homework, take your time. I can't repeat it over and over again sorry

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,625
  • Dec 14, 2015 11:44am Dec 14, 2015 11:44am
Quoting panoramia
{quote} Monthly supply didn't accomplish anything, it's the retest of a previous monthly supply zone. The CP supply zone lower is the one that removed monthly demand imbalance and has already been broken. I'm holding a long from lower. Cheers, Alfonso
can't we apply the inheritance rule there? which would make it a valid level or am i missing something?

greets
joe
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADMonthly.png Size: 46 KB
  • #6,626
  • Dec 14, 2015 5:05pm Dec 14, 2015 5:05pm
Quoting Alehandro
{quote} Fill the form (on the link below) and you can download it. http://www.set-and-forget.com/free_webinars
I have doe so but it is not in the zip file
  • #6,627
  • Dec 15, 2015 12:57am Dec 15, 2015 12:57am
Hi Alfonso,

Thank you for your latest replies!
I found in the charts some places, where I can't identify the type of zone. Please look at my pic1 and pic2 with questions, thank a lot!
Attached Image (click to enlarge)
Click to Enlarge Name: image_685.jpg Size: 54 KB
  • #6,628
  • Dec 15, 2015 1:02am Dec 15, 2015 1:02am
Quoting neziah
{quote} I have doe so but it is not in the zip file
It names "RectangleReader"/"RectangleReader_White"
  • #6,629
  • Dec 15, 2015 2:14am Dec 15, 2015 2:14am
Quoting Alehandro
Hi Alfonso, Thank you for your latest replies! I found in the charts some places, where I can't identify the type of zone. Please look at my pic1 and pic2 with questions, thank a lot! {image}
You tell me what those are, if I tell you then you will always have the same confusion. What are there? CPs or valleys? and tell me WHY they are what they are.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,630
  • Dec 15, 2015 3:16am Dec 15, 2015 3:16am
Quoting panoramia
{quote} You tell me what those are, if I tell you then you will always have the same confusion. What are there? CPs or valleys? and tell me WHY they are what they are. Cheers, Alfonso
I think all of them are "V", not a CP, because in both pictures our minimums were updated (lower lows) Right?
  • #6,631
  • Dec 15, 2015 3:19am Dec 15, 2015 3:19am
Alfonso, can you tell me - does your system work on NYSE, NASDAQ, AMEX? I see there so much GAPs and sometimes so difficult to identify good zones.
  • #6,632
  • Dec 15, 2015 3:27am Dec 15, 2015 3:27am
Quoting Alehandro
Alfonso, can you tell me - does your system work on NYSE, NASDAQ, AMEX? I see there so much GAPs and sometimes so difficult to identify good zones.
Not alfonso, but I hope you don't mind
Gaps from bases are one of the best zones, because of the strength (move away could not be stronger).
Of course it works on any instrument.

Also gaps into s/d zones are also very powerful (trade the gap fill in opposite direction right at open).
the 3rd wave is the crowd's wave
  • #6,633
  • Dec 15, 2015 3:46am Dec 15, 2015 3:46am
Quoting Alehandro
Alfonso, can you tell me - does your system work on NYSE, NASDAQ, AMEX? I see there so much GAPs and sometimes so difficult to identify good zones.
Supply and demand is universal my friend, it works even in the super market, or do you buy meat or food when it's very expensive, you don't, do you? I also trade stocks and indexes, same rules apply. But don't believe what I say, test it yourself. But believe me when I say it will take you between 1-2 years to do that and gain confidence in what you are doing, there are no shortcuts!

Alfonso
Set and Forget supply and demand trading community
  • #6,634
  • Dec 15, 2015 3:47am Dec 15, 2015 3:47am
Quoting JoeMcCool
{quote} can't we apply the inheritance rule there? which would make it a valid level or am i missing something? greets joe {image}
Inheritance can become a very complex subject, all pieces of the puzzle must be put together, which is why it's not mentioned in the first post, or it will create confusion. I prefer not to talk about inheritance, why? People will start seeing levels everywhere, and we don't want that.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,635
  • Dec 15, 2015 3:48am Dec 15, 2015 3:48am
Quoting panoramia
USD/CAD finally broke out above hight timeframe supply zone. 1 Demand zone created at 1.3381 and a second one at 1.3589. Above we have tested Monthly supply. Long bias. {image}
Opposing Daily supply zone in control, not taken out yet on USDCAD. Waiting to buy more, CP requires confirmation because opposing zone hasn't been taken out.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,636
  • Dec 15, 2015 6:06am Dec 15, 2015 6:06am
Hello Alfonso! I want to ask about a situation when we have 2 types of zones at the same place (a zone in another zone). Please see my chart.
Yellow - is CP supply.
Red - is pick supply.
Pick is inside CP.
I'm sure you find these situations very often on charts. What can you say?
May we use this pick to draw a trendline?
May we use this pick to trade (if it's valid and etc)?
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH4.png Size: 7 KB
  • #6,637
  • Dec 15, 2015 7:44am Dec 15, 2015 7:44am
Quoting juriFX
{quote} Not alfonso, but I hope you don't mind Gaps from bases are one of the best zones, because of the strength (move away could not be stronger). Of course it works on any instrument. Also gaps into s/d zones are also very powerful (trade the gap fill in opposite direction right at open).
Can you show me any example? pls
  • #6,638
  • Dec 15, 2015 9:40am Dec 15, 2015 9:40am
It's very important to find which zone has broken out opposing zone in fact.
Here is an example.
Opposing zone is broken out by a candle which belongs to the base of the red demand cp zone. It means that the red zone has removed opposing supply? Or the yellow one which is lower?
I think that the red one because the candle belongs to its base. But may be I'm wrong?
Attached Image (click to enlarge)
Click to Enlarge Name: 111.png Size: 4 KB
  • #6,639
  • Dec 15, 2015 9:59am Dec 15, 2015 9:59am
Quoting Alehandro
{quote} Can you show me any example? pls
Try to find it yourself and tell me about it, remember I've done my homework, you have to do yours and the best way to do that is by doing it yourself.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,640
  • Dec 15, 2015 10:00am Dec 15, 2015 10:00am
Quoting John.
It's very important to find which zone has broken out opposing zone in fact. Here is an example. Opposing zone is broken out by a candle which belongs to the base of the red demand cp zone. It means that the red zone has removed opposing supply? Or the yellow one which is lower? I think that the red one because the candle belongs to its base. But may be I'm wrong? {image}
Correct John. The red rectangle you drew becomes demand because of its accomplishments.

Alfonso
Set and Forget supply and demand trading community
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