Supply and demand in a nutshell by Alfonso Moreno | Page 342 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #6,821
  • Jan 16, 2016 3:42am Jan 16, 2016 3:42am
hello Darksoul899

My advise read everything on the 1st page you will need to several times and also refer back to it over time.

Alfonso has a you tube channel which i think you will find most useful, as he goes through things step by step .. look for one on trendlines also which is in there.

Also if you feel you want further help, Alfonso has a private group which is paid for but i have several friends who are part of it who say it is worth the money as they have learnt a lot and continue to do so.
  • #6,822
  • Jan 16, 2016 3:45am Jan 16, 2016 3:45am
Quoting Darksoul899
{quote} Good morning Alfonso. I am a trader completely new to the concept of S & D. I have traded with various other techniques up to now, not being completely a failure, but never being sure also about my trading. I would like to upgrade my trading. Your methods and concepts seem interesting, also your website seems interesting. Where should I start to learn, from the bottom up? Would subscribing to the website make me learn better or faster? If it helps any, I consider myself to learn things quite quickly, I am an apt pupil! Thank you.
Morning fellow trader, thank you for your interest in supply and demand. I'd recommend you to read post #1 and watch some of the videos on the free supply and demand youtube channel before you make a decision. This thread's content is got a lot of important information, but it can't be well organized because of forex factory's limitations and supported as well and as much as in the private community. It's also funny to see that there are many traders reading this thread but only a few of them ask questions from time to time. I will always support this thread as can be seen and read, but the funny thing is that most just read and ask nothing. The community is different since there is full support there, better organization, more lessons, trade setups, more rules, etc. Take your time to make your decision, you shouldn't be in a hurry. I never make any kind of publicity or try to convince others to join the group, it must be your own decision after studying the options and what the strategy is all about. If you need anything else, don't hesitate to contact me in private through this contact form

Have a great weekend,
Alfonso
Set and Forget supply and demand trading community
  • #6,823
  • Jan 16, 2016 3:56am Jan 16, 2016 3:56am
COuld someone please answer this question for me. If I sign up to set and forget is it essential that I purchase forex tester? I can afford the subscription to SAF but I could struggle with the upfront cost of the testing software.
  • #6,824
  • Jan 16, 2016 4:12am Jan 16, 2016 4:12am
Quoting panoramia
{quote} Morning fellow trader, thank you for your interest in supply and demand. I'd recommend you to read post #1 and watch some of the videos on the free supply and demand youtube channel before you make a decision. This thread's content is got a lot of important information, but it can't be well organized because of forex factory's limitations and supported as well and as much as in the private community. It's also funny to see that there are many traders reading this thread but only...
Thank you for the prompt answer, yes definitely. That's the reason why I'm asking too, because this thread might have information but unorganized or not in the right order for me. So I was thinking about learning in a more structured way.

Ok, I will also take a look at the youtube channel.
  • #6,825
  • Jan 16, 2016 4:13am Jan 16, 2016 4:13am
Quoting n_aftab
hello Darksoul899 My advise read everything on the 1st page you will need to several times and also refer back to it over time. Alfonso has a you tube channel which i think you will find most useful, as he goes through things step by step .. look for one on trendlines also which is in there. Also if you feel you want further help, Alfonso has a private group which is paid for but i have several friends who are part of it who say it is worth the money as they have learnt a lot and continue to do so.
THanks for your answer. I will check the videos on youtube.
  • #6,826
  • Jan 16, 2016 7:00am Jan 16, 2016 7:00am
Quoting sympathy
{quote} Monthly is consolidating, price is within the used up monthly demand zone. W1 is down reacting to monthly demand zone. Weekly creacted a potential supply level so we need that monthly demand level to be taking out for short trade. D1 is down reacting to weekly demand level nested within monthly level. We also have a daily supply level sitting within a potential weekly supply level, confirmation is needed to short. That is all i can say about UJ David... Alfonso will look into it when he comes. {image} {image}
Hi Sympathy,
thank for pointing out. I will check on my chart and learn to master how to draw SnD.
  • #6,827
  • Jan 16, 2016 7:20am Jan 16, 2016 7:20am
hello guys
pls help to assure me. in this case, it means that i can't take any SHORT trades on the EU? as on the MN its sitting within a DZ even if there's a new SZ in the H4? the time frame is quite far apart between MN and H4. is this mean that SHORTS r not allow regardless of trend or new supply? thanks
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  • #6,828
  • Jan 16, 2016 12:55pm Jan 16, 2016 12:55pm
Quoting conom589
{quote} Do not sell when price is very near or at a higher timeframe ascending trendline (D1 or higher), opposite for buying. The same logic that applies on your entry timeframe (H1 or H4), applies on higher timeframe trendlines
Hi Conom and team
Thank you for the reply, what I am gathering from your answer is that one shold not try to sell against higher time frame zone, am I correct? I am busy going through the trendline rules and videos, seems I haven't assimilated this concept well.

Thank you
  • #6,829
  • Jan 17, 2016 3:19am Jan 17, 2016 3:19am
this is my version of EU analysis and question....

MN= break of down trend line and now consolidation
W1=(my curve TF) break of down trend line and consolidation along the MN DZ. i could not go back further to draw any DZ, can i lean on the MN DZ instead?
D1=align with the W1 down trend but also break of trend line. supply in control
H4=(execution TF) up trend. demand in control.

i'd like to take that trade, a DZ in the white oval that is created along the D1 20EMA line.

hope u guys can give me some comments pls. m so eager to learn..thanks
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  • #6,830
  • Jan 17, 2016 11:38am Jan 17, 2016 11:38am
​Hello Godunk, thank you for your idea on EURUSD
Just a note that based on Friday's price action, the daily entered an uptrend since the high of Friday took out the high from 11/1/16
We can now draw an uptrend line on the daily chart as a result of this.

Weekly chart is still down, so longs may be lower probability especially as the weekly SZ is the one in control
good luck
Be careful what you think because your thoughts run your life..Solomon
  • #6,831
  • Jan 17, 2016 2:28pm Jan 17, 2016 2:28pm
Hello Alfonso, hope you have had a nice weekend

Do you trade USDPLN? There is very strong uptrend. MN and WK supply are near but have not been hit yet. I see 2 demand zones on H4 chart, both of them are strong and good for buying. The problem is that my SL of demand 1 is at entry point of demand 2 (which is nested within Daily demand). How do you usually do in such situations? Do you trade both zones with normal lot and normal SL? Or you trade 1/2 lot for both zones and SL below zone 2? Or something else?
Hope you will help and thanks in advance!
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  • #6,832
  • Jan 18, 2016 3:17am Jan 18, 2016 3:17am
Quoting John.
Hello Alfonso, hope you have had a nice weekend Do you trade USDPLN? There is very strong uptrend. MN and WK supply are near but have not been hit yet. I see 2 demand zones on H4 chart, both of them are strong and good for buying. The problem is that my SL of demand 1 is at entry point of demand 2 (which is nested within Daily demand). How do you usually do in such situations? Do you trade both zones with normal lot and normal SL? Or you trade 1/2 lot for both zones and SL below zone 2? Or something else? Hope you will help and thanks in advance!...
Long bias on USDPLN, brand new demand zones being created, long long! You must trade the levels that follow the rules, that's all All valid zones!

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,833
  • Jan 18, 2016 3:22am Jan 18, 2016 3:22am
Quoting godunk99
this is my version of EU analysis and question.... MN= break of down trend line and now consolidation W1=(my curve TF) break of down trend line and consolidation along the MN DZ. i could not go back further to draw any DZ, can i lean on the MN DZ instead? D1=align with the W1 down trend but also break of trend line. supply in control H4=(execution TF) up trend. demand in control. i'd like to take that trade, a DZ in the white oval that is created along the D1 20EMA line. hope u guys can give me some comments pls. m so eager to learn..thanks {image}...
EURUSD supply and demand imbalance bias is shorts my friend, no longs allowed. Weekly demand zone in control, weak monthly demand zone, short bias. Alfonso
Set and Forget supply and demand trading community
  • #6,834
  • Jan 18, 2016 3:24am Jan 18, 2016 3:24am
USDCHF in a clear uptrend, weekly demand + weekly 20 ema and bullish trendline in control.
Daily and H4 demand zones within it already in control and playing out. Brand new weekly supply at 1.0194, we should not buy if price gets close to it and wait for its removal. Long bias


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Set and Forget supply and demand trading community
  • #6,835
  • Jan 18, 2016 3:25am Jan 18, 2016 3:25am
AUDUSD broke lower removing counter-trend tested weekly demand zone, it's forming potential Daily supply zones and confirmed a new weekly downtrend and weekly supply zone. Lower timeframe's supply zones are being created, short bias definitely

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Set and Forget supply and demand trading community
  • #6,836
  • Jan 18, 2016 3:25am Jan 18, 2016 3:25am
USDJPY created a brand new Weekly zone at 120 right into tested and weak monthly demand zone (drilled to latest retests).
Aggressive short bias with brand new potential zones on daily being created.


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Set and Forget supply and demand trading community
  • #6,837
  • Jan 18, 2016 6:22am Jan 18, 2016 6:22am
Quoting panoramia
{quote} EURUSD supply and demand imbalance bias is shorts my friend, no longs allowed. Weekly demand zone in control, weak monthly demand zone, short bias. Alfonso
thanks Akt and thank u Alfonso for ur reply. i just got out of the EU trade as soon as i read ur reply. there must be something wrong with my analysis and m looking through it again. i guess i paid too much attention to that MN DZ..and wrong zone in control...
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  • #6,838
  • Jan 18, 2016 8:41am Jan 18, 2016 8:41am
Quoting godunk99
{quote} thanks Akt and thank u Alfonso for ur reply. i just got out of the EU trade as soon as i read ur reply. there must be something wrong with my analysis and m looking through it again. i guess i paid too much attention to that MN DZ..and wrong zone in control... {image}
That long can work my friend, you shouldn't close a trade based on somebody else's opinion, be it mine or anybody else's. Bias is shorts, looking for shorts is higher odds. That long could work, it's just that it's not in my trading plan because bias is shorts.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #6,839
  • Jan 18, 2016 12:24pm Jan 18, 2016 12:24pm
Quoting godunk99
{quote} thanks Akt and thank u Alfonso for ur reply. i just got out of the EU trade as soon as i read ur reply. there must be something wrong with my analysis and m looking through it again. i guess i paid too much attention to that MN DZ..and wrong zone in control... {image}

Hi Godunk, if I may,
It would probably be best for your development as a trader to make your own mistakes and more importantly learn from them
Your trade could well work and therein lies the "trap" because it then makes things unclear for you as to how your thinking process should go in future, i.e. based on probabilities rather than whether one singular trade worked or not. That's the more long term goal, to develop the skill to think in probabilities

All the best.
Be careful what you think because your thoughts run your life..Solomon
  • #6,840
  • Jan 18, 2016 1:26pm Jan 18, 2016 1:26pm
Hello Alfonso and erveryone,

1. do you choose a fix(final) target for your trades, for example the next opposite HTF zone or what?. I think if trading a daily demand within a monthly on set and forget, and we would put our stops below new daily zones we get stoped out early, maybe because of a reaction to weekly supply. So if trading of a monthly zone, should the goal also be an opposite monthly zone or maybe a HTF zone because they will stop trend. I like to take half of anyway.

2. if waiting for conformation at HTF zone, the first one fails and you get a another right after the failure. Do you take it?

thanks a lot
greets
Joe
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