Supply and demand in a nutshell by Alfonso Moreno | Page 355 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #7,081
  • Feb 24, 2016 5:34am Feb 24, 2016 5:34am
Quoting panoramia
{quote} Longer term long bias on USDCAD, weekly 20 EMA in control and reacting to it. Monthly still up! Cheers, Alfonso

thanks for the the reply, so is daily the one out of alignment, waiting for that to break the down trendline line? the 21 ema on the daily seem to still be helping push down everytime price reaches there
  • #7,082
  • Feb 24, 2016 6:38am Feb 24, 2016 6:38am
Quoting n_aftab
{quote} thanks for the the reply, so is daily the one out of alignment, waiting for that to break the down trendline line? the 21 ema on the daily seem to still be helping push down everytime price reaches there
Waiting for the break of trendline and opposing Daily supply zone. We use the 20 EMA for confluence not the 21 EMA.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,083
  • Feb 24, 2016 6:58am Feb 24, 2016 6:58am
thanks i will change to the 20 ema
  • #7,084
  • Feb 24, 2016 9:48am Feb 24, 2016 9:48am
Hello Alfonso and thanks for this great job.
I'm sure you read several books about supply and demand methodology.
Could you please reccomend a valid book on the subject to add to my library.

Looking your videos, seem the crucial part of this method is to draw correctly the supply and demand zone.
Do you agree with me? If not please correct me.

Thanks
Merka
  • #7,085
  • Feb 24, 2016 12:40pm Feb 24, 2016 12:40pm
Quoting Merka
Hello Alfonso and thanks for this great job. I'm sure you read several books about supply and demand methodology. Could you please reccomend a valid book on the subject to add to my library. Looking your videos, seem the crucial part of this method is to draw correctly the supply and demand zone. Do you agree with me? If not please correct me. Thanks Merka
Did I read supply and demand books? Really? Tell me which ones I have not read any book, I have developed my rules through testing, trial and error. No secret about it. Yes, drawing the imbalances correctly is key since we are trading supply and demand imbalances Take your time to go through all the materialCheers,Alfonso
Set and Forget supply and demand trading community
  • #7,086
  • Feb 24, 2016 2:26pm Feb 24, 2016 2:26pm
hi Mr Alfonso and mates

im long in a nested h4 and d1 demand zone. weekly is in consolidation and M1 is in demand zone.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: audusd d1.PNG Size: 82 KB
passion and discipline
  • #7,087
  • Feb 24, 2016 10:45pm Feb 24, 2016 10:45pm
Hello Rohule, thank you for sharing your trade idea on the aussie.
Please allow me to make some observations
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Best Wishes
Be careful what you think because your thoughts run your life..Solomon
  • #7,088
  • Feb 25, 2016 1:53am Feb 25, 2016 1:53am
Quoting Akt
Hello Rohule, thank you for sharing your trade idea on the aussie. Please allow me to make some observations{image}{image}{image} Best Wishes
Your AUD/CAD chart looks different to my broker's Akt. Long bias on AUD/CAD, WK DZ lower where some some more longs could happen.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,089
  • Feb 25, 2016 2:58am Feb 25, 2016 2:58am
ACC Indian Stock Daily supply imbalance holding, potential new supply being created. Short bias

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #7,090
  • Feb 25, 2016 3:00am Feb 25, 2016 3:00am
Daily supply at 2.2033 was missed, price dropped on GBPNZD removing Weekly demand. New D1 and H4 supply zones being created. Short bias on GBP/NZD till Monthly demand zone has been reached.

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #7,091
  • Feb 25, 2016 5:59am Feb 25, 2016 5:59am
Hi Alfonso and Traders,

Yesterday my trade on GBP/NZD after remove WK DZ was trigged.
Now there is potential H4 DZ removed and create CP so again place sell stop order under the H4 DZ.
Attached Image (click to enlarge)
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Supply & Demand trading
  • #7,092
  • Feb 25, 2016 7:30am Feb 25, 2016 7:30am
Quoting CoolRain
Hi Alfonso and Traders, Yesterday my trade on GBP/NZD after remove WK DZ was trigged. Now there is potential H4 DZ removed and create CP so again place sell stop order under the H4 DZ. {image}
Weekly and daily down, demand being removed, supply being created and respected. No longs possible on GBP/NZD! Cheers, Alfonso
Set and Forget supply and demand trading community
  • #7,093
  • Feb 25, 2016 8:00am Feb 25, 2016 8:00am
Quote
Your AUD/CAD chart looks different to my broker's Akt. Long bias on AUD/CAD, WK DZ lower where some some more longs could happen.
He's asking about AUD/USD

Hi Alfonso.
Can You please check my chart and tell me if this trade is corect with your strategy?
It is long on P&G. MN is brake down TL and consolidating, WK is up but brake up TL(deleted from chart). D1 is down.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: buy long D1.jpg Size: 322 KB
  • #7,094
  • Feb 25, 2016 8:12am Feb 25, 2016 8:12am
Quoting panoramia
{quote} Your AUD/CAD chart looks different to my broker's Akt. Long bias on AUD/CAD, WK DZ lower where some some more longs could happen. Cheers, Alfonso
Hi Alfonso
I analysed the AUD/USD not AUD/CAD.
Be careful what you think because your thoughts run your life..Solomon
  • #7,095
  • Feb 25, 2016 9:17am Feb 25, 2016 9:17am
Quoting Nes
{quote} He's asking about AUD/USD Hi Alfonso. Can You please check my chart and tell me if this trade is corect with your strategy? It is long on P&G. MN is brake down TL and consolidating, WK is up but brake up TL(deleted from chart). D1 is down. {image} {image} {image}
Correct long at Daily demand zone nested within weekly demand zone on Procter and Gamble stock. The monthly trendline is incorrect though, you didn't connect 2 peaks or 3 CPs. Daily trendline is also incorrect.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,096
  • Feb 25, 2016 1:14pm Feb 25, 2016 1:14pm
Quoting panoramia
{quote} Correct long at Daily demand zone nested within weekly demand zone on Procter and Gamble stock. The monthly trendline is incorrect though, you didn't connect 2 peaks or 3 CPs. Daily trendline is also incorrect. Cheers, Alfonso

Thank you very much Alonso. I hope, I soon get money to join set and forget forum again.

Cheers,
Rafal
  • #7,097
  • Feb 26, 2016 6:40am Feb 26, 2016 6:40am
Hi Alfonso
I loaded the indicators a month or two ago. Can I use the supply and demand indicator as it is?
I am using D1, H4 and H1.
Tx
Have a great weekend.
Keep calm and trade on
  • #7,098
  • Feb 26, 2016 10:10am Feb 26, 2016 10:10am
Quoting Poole
Hi Alfonso I loaded the indicators a month or two ago. Can I use the supply and demand indicator as it is? I am using D1, H4 and H1. Tx Have a great weekend.
Hello Poole,

You can use it on any timeframe combination you want, the indicator will extend rectangle imbalances on any timeframe enabled in the indicator.
You too have a great weekend,
Alfonso
Set and Forget supply and demand trading community
  • #7,099
  • Feb 26, 2016 3:02pm Feb 26, 2016 3:02pm
Hi Alfonso,

I have the newest version of the RectangleReader indicator. I draw first SD levels on WK-TF and then on D1. When I change TF from D1 to WK and back to D1, then I cannot change the width of the levels anymore ( they are not editable).
Any suggestion please?

Thanks
  • #7,100
  • Feb 26, 2016 7:02pm Feb 26, 2016 7:02pm
Quoting lakis071051
Hi Alfonso, I have the newest version of the RectangleReader indicator. I draw first SD levels on WK-TF and then on D1. When I change TF from D1 to WK and back to D1, then I cannot change the width of the levels anymore ( they are not editable). Any suggestion please? Thanks
No idea! First time I ever heard of that problem, been using the indicator for years, hundreds of people as well and never such a weird thing. There must be something you are doing wrong or something wrong with your installation and/or platform. A level drawn manually is a rectangle, all rectangles are editable by double clicking at their corners, it's how MT works, the indicator does not change that. It that doesn't work it's not the indicator's fault, it has to be something wrong in your platform.

Sorry I can't help!

Cheers,
Alfonso
Set and Forget supply and demand trading community
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