Supply and demand in a nutshell by Alfonso Moreno | Page 337 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #6,721
  • Dec 30, 2015 12:44pm Dec 30, 2015 12:44pm
Dear Friends! Happy New Year!

Inserted Video
  • #6,722
  • Jan 2, 2016 4:45am Jan 2, 2016 4:45am
Dear Alfonso,

Could you please share us the ftc_SupportAndResistance indicator used for Forex Tester 2?

Many thanks,
Have a good day!
  • #6,723
  • Jan 3, 2016 5:54am Jan 3, 2016 5:54am
Happy New Year, Alfonso!

Can you confirm or discard this statement:
If MN is up & demand in control, but WK is conso, we can:
- set and forget at MN demand OR after WK is up
- to trade on confirmation at WK demand?
  • #6,724
  • Jan 3, 2016 4:36pm Jan 3, 2016 4:36pm
Quoting John.
Happy New Year, Alfonso! Can you confirm or discard this statement: If MN is up & demand in control, but WK is conso, we can: - set and forget at MN demand OR after WK is up - to trade on confirmation at WK demand?
If monthly demand is in control and monthly is in control, weekly is irrelevant. Set and forget longs within monthly demand imbalance.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,725
  • Jan 3, 2016 11:47pm Jan 3, 2016 11:47pm
Hi Alfonso,

First, I wish you and all a happy new year.

If u wouldn't mind me asking, have you checked M.J.Huddleston's (ICT) "order block" method in any case? Though he suggests it differs from S&D zones, I think they are closely related. It might adress some missed trade issues when price shoots off and doesn't retrace enough to touch fresh S&D levels but bounces from some "levelish" levels sometimes (as in my sketch).

I know overcomplicating things might backfire and you'll say that this is not necessary, but I asked anyway

Thanks in advance.
Attached Image
Trade what you see..
  • #6,726
  • Jan 4, 2016 1:21am Jan 4, 2016 1:21am
Dear Alfonso,

I would like to thank you for your youtube videos. I watched your tutorials and you've changed the way I look to the chart.
Today I placed my first three trades using supply and demand analysis and the results were: -44, +121, +41.
Here is my best trade for the day:
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily update.png Size: 22 KB


Thanks,
Majid Al Shekaili
  • #6,727
  • Jan 4, 2016 1:25pm Jan 4, 2016 1:25pm
Quoting MrMajid94
Dear Alfonso, I would like to thank you for your youtube videos. I watched your tutorials and you've changed the way I look to the chart. Today I placed my first three trades using supply and demand analysis and the results were: -44, +121, +41. Here is my best trade for the day: {image} Thanks, Majid Al Shekaili
Glad to hear that my ideas on supply and demand are helping you understand the charts better, thanks for sharing it with us, I really appreciate. Well done on your trading.

Happy new year to you and your family.
Alfonso
Set and Forget supply and demand trading community
  • #6,728
  • Jan 4, 2016 1:27pm Jan 4, 2016 1:27pm
Quoting Chawl
Hi Alfonso, First, I wish you and all a happy new year. If u wouldn't mind me asking, have you checked M.J.Huddleston's (ICT) "order block" method in any case? Though he suggests it differs from S&D zones, I think they are closely related. It might adress some missed trade issues when price shoots off and doesn't retrace enough to touch fresh S&D levels but bounces from some "levelish" levels sometimes (as in my sketch). I know overcomplicating things might backfire and you'll say that this is not necessary, but I asked anyway Thanks in advance....
Hello my friend,

I've not checked that method or any other, I just trade supply and demand by the rules I've created, I don't need anything else, don't need to test anything else since what I've got works pretty well for me. Looking at other things would just over-complicate what already is complicated

Happy new year!
Alfonso
Set and Forget supply and demand trading community
  • #6,729
  • Jan 6, 2016 4:37am Jan 6, 2016 4:37am
GJ MN is down, MN supply level in control but low in the curve. Too much base in the NM damand leve looks like a 3months nexted with MN demand.

W1 is also down with brand new supply that removes a W1 demand level. We are low in the weekly curve. Price is now reacting to a W1 demand nexted within a MN demand level.

D1 is in down trend low in the curve. Am waiting for a confirmation to go long. We also have a D1 supply level nested within a W1 supply level. Am also planning a short trade at that level but with a confirmation type of trade because by the time price gets to that place MN demand must have taking control.

I just want to say thanks to my BOSS Alfonso for his effort in this thread. Please BOSS kindly check my analysis and correct my mistakes thanks.
Attached Image(s) (click to enlarge)
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  • #6,730
  • Jan 6, 2016 4:58am Jan 6, 2016 4:58am
I will be posting my entries and my analysis as per the rules. The rules works very well and so so easy when you understand them. Like my BOSS normally say, LEARN THEM BY HEART. I have lerant alot from him in the thread so i have to practicalize them by posting my analysis so that he can correct me. THANKS ALFONSO.

GCHF MN in long term consolidation.
W1 Is in uptrend reacting to W1 demand level that broke a descending trendline.

D1 is in a downtrend reacting to a D1 demand level nested within a W1 demand level. Bias is longs.

I took the trade from a 4hr level within the W/D demand level after the brake of the 4hr trendline.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GCHF_D1.png Size: 27 KB
Click to Enlarge Name: GCHF_4hr.png Size: 24 KB
  • #6,731
  • Jan 6, 2016 5:31am Jan 6, 2016 5:31am
UCHF MN is consolidating to the upside
W1 is in an uptrend with the W1 demand in control. the W1 demand was the one that took out the all time highs. Bais is UP.

D1 is re-aligning with the weekly uptrend. D1 demand level broke the daily descending trendline and that was the entry guys. Its all following the rules and nothing more.

In 4hr chart i was planinig to take an additional trade on a 4hr demand level nested within a non valid D1 demand level, i needed a confirmation bcos of the D1 potential demand level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UCHFD1.png Size: 26 KB
Click to Enlarge Name: UCHFD1_001.png Size: 27 KB
Click to Enlarge Name: UCHF4HR.png Size: 25 KB
  • #6,732
  • Jan 6, 2016 6:05am Jan 6, 2016 6:05am
ECAD MN is in uptrend reacting to an overshort supply level but still holding because there is no close above.
W1 is up high in the curve
I took an entry in D1 chart demand level tested on departure. The D1 is sitting on a weekly flipzone that gave me a higher odds.
If the MN supply level is takingout, Longs might hapen else we wait for confirmation on our entry time frame for short.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: ECADD1.png Size: 24 KB
  • #6,733
  • Jan 6, 2016 8:00am Jan 6, 2016 8:00am
CHFJ MN bullish consolidation. MN Demand level is tested at departure so its not fresh anymore.
W1 is down, W1 supply in control. There is a W1 demand level nested with the monthly non fresh demand level confirmation needed for longs.

D1 is in downtrend with D1 supply nested within weekly supply in control.A brand new supply level was formed am planning a short entry at the level if price returns back to it. I will cancel it if MN demand level takes control.
We are are waiting for a re-alignment rule to happen within the MN non fresh demand level. confirmation needed for longs in our entry time frame.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CHFJMN.png Size: 20 KB
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  • #6,734
  • Jan 6, 2016 2:24pm Jan 6, 2016 2:24pm
EU MN in a downtrend
W1 in a downtrend with W1 supply in control.

D1 supply level nested within the W1 supply in control

4HR chart created a valid supply level confluenced with a D1 flipzone. Am planning to take that trade, lets see how it goes. JUST THE RULES.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUD1.png Size: 20 KB
Click to Enlarge Name: EU4HR.png Size: 24 KB
  • #6,735
  • Jan 7, 2016 2:19am Jan 7, 2016 2:19am
Quoting sympathy
EU MN in a downtrend W1 in a downtrend with W1 supply in control. D1 supply level nested within the W1 supply in control 4HR chart created a valid supply level confluenced with a D1 flipzone. Am planning to take that trade, lets see how it goes. JUST THE RULES. {image} {image}
EU 4hr triggered. JUST THE RULES THANKS BOSS ALFONSO
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 25 KB
  • #6,736
  • Jan 7, 2016 2:21am Jan 7, 2016 2:21am
Quoting sympathy
UCHF MN is consolidating to the upside W1 is in an uptrend with the W1 demand in control. the W1 demand was the one that took out the all time highs. Bais is UP. D1 is re-aligning with the weekly uptrend. D1 demand level broke the daily descending trendline and that was the entry guys. Its all following the rules and nothing more. In 4hr chart i was planinig to take an additional trade on a 4hr demand level nested within a non valid D1 demand level, i needed a confirmation bcos of the D1 potential demand level. {image} {image} {image}
4hr demand triggered. JUST THE RULES.
Attached Image (click to enlarge)
Click to Enlarge Name: UCHF4HR.png Size: 28 KB
  • #6,737
  • Jan 7, 2016 6:13am Jan 7, 2016 6:13am
Hi Alfonso, hope it's alright for me to post my Forex Tester's trade here for opinions. If you think it's inappropriate, please let me know & I'll remove it.

It's a typical trade that didn't work out but I "believe" I'm trading correctly by the rules taught here, so next trade. However if there's any obvious mistake made, please let me know.

First picture shows my entry & 2nd image is the result (Loss).
H4 is UP, Daily is out of alignment, Weekly is UP. Weekly almost hit Monthly Supply (a monthly CP). H4 & Daily forms a Wow Short after breaking previous ascending trendlines. Daily reacts to a CP demand before turning back up to supply, but the demand zone is wicky in H4. Thus the decision for the Short.

Thanks all!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCAD_Short_140108.jpg Size: 448 KB
Click to Enlarge Name: EURCAD_Short_140108_Loss.jpg Size: 422 KB
  • #6,738
  • Jan 7, 2016 6:58am Jan 7, 2016 6:58am
Quoting BigFisherman
Hi Alfonso, hope it's alright for me to post my Forex Tester's trade here for opinions. If you think it's inappropriate, please let me know & I'll remove it. It's a typical trade that didn't work out but I "believe" I'm trading correctly by the rules taught here, so next trade. However if there's any obvious mistake made, please let me know. First picture shows my entry & 2nd image is the result (Loss). H4 is UP, Daily is out of alignment, Weekly is UP. Weekly almost hit Monthly Supply (a monthly CP). H4 & Daily forms a Wow Short after breaking...
Which software is this?
  • #6,739
  • Jan 7, 2016 8:51am Jan 7, 2016 8:51am
Quoting sympathy
{quote} 4hr demand triggered. JUST THE RULES. {image}
IClosed my EU trade before the news
  • #6,740
  • Jan 7, 2016 9:03am Jan 7, 2016 9:03am
Quoting Techanalyst
{quote} Which software is this?
Forex Tester 2.
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