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C-12's Supply, Demand and PA thread

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  • Post #3,701
  • Quote
  • May 17, 2016 3:40pm May 17, 2016 3:40pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Ugh,, M1 scalping out of hours for measly pips.
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  • Post #3,702
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  • May 17, 2016 3:46pm May 17, 2016 3:46pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
M15 was well in sight
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  • Post #3,703
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  • May 17, 2016 4:13pm May 17, 2016 4:13pm
  •  predot
  • | Joined Mar 2012 | Status: Member | 56 Posts
Quoting marc2014
Disliked
Aussie Makes me feel happy when i see such move......... {image}
Ignored
hi marc,
what make you take buying on aussie...?
Its in the chart😎
 
 
  • Post #3,704
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  • May 17, 2016 4:53pm May 17, 2016 4:53pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Quoting predot
Disliked
{quote} hi marc, what make you take buying on aussie...?
Ignored
I would guess H4 fresh demand and pullback zone on H1.
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  • Post #3,705
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  • May 17, 2016 4:55pm May 17, 2016 4:55pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
H1 Entry view on pullback.
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  • Post #3,706
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  • May 17, 2016 4:59pm May 17, 2016 4:59pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Quoting VinceHS
Disliked
Hi C-12, Just want to thank you and everyone for posting their charts and explanations. Really help with understanding what Supply and Demand trading really is. Some of your charts are indeed like watching "trading porn" haha. Keep it up and best of luck with your journey. Cheers
Ignored
Welcome aboard, hope to see some charts.
 
 
  • Post #3,707
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  • May 17, 2016 8:27pm May 17, 2016 8:27pm
  •  marc2014
  • | Joined Nov 2014 | Status: Member | 172 Posts
Quoting predot
Disliked
{quote} hi marc, what make you take buying on aussie...?
Ignored

Dear Predot

a) Check out Daily Chart there was retest of breakout..............
b) H4 Fresh Demand Zone
c) The bull candle engulf the bear candle completely.
d) The news gave a fuel....

I have attached Daily Chart.
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1
  • Post #3,708
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  • May 18, 2016 2:21am May 18, 2016 2:21am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Some more scalps on EU on an overnight hold with tight stops.
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  • Post #3,709
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  • May 18, 2016 3:33am May 18, 2016 3:33am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Got some GU sells but some PA developed that was hard to ignore. Still 2 sells left anyway and buys are tight.
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  • Post #3,710
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  • May 18, 2016 7:15am May 18, 2016 7:15am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Ok, got it...
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  • Post #3,711
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  • May 18, 2016 7:30am May 18, 2016 7:30am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Reason for buys on GU...

1) Daily demand established (was looking for a retest).
2) H4 demand mid zone as a potential area of interest.

I thought it was turning early so got in a bit too early. Then watched M15/M30 for PA.

Unfortunately was a bit messy as watching it on my phone app.

Hope this helps.
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  • Post #3,712
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  • May 18, 2016 7:33am May 18, 2016 7:33am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
EU - kind of scruffy exits due to using phone app...
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  • Post #3,713
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  • May 18, 2016 7:39am May 18, 2016 7:39am
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
EU bought the first M5 engulf in the daily zone and DX at H1 supply and then added. I hope it can go higher but we've not got H4 demand to confirm it.
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  • Post #3,714
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  • May 18, 2016 9:34am May 18, 2016 9:34am
  •  sanmiguell
  • | Joined Feb 2009 | Status: Member | 188 Posts
What's the sense to open 2/3.../10 position at time?!
 
 
  • Post #3,715
  • Quote
  • May 18, 2016 9:37am May 18, 2016 9:37am
  •  MCFly
  • Joined Sep 2008 | Status: Member | 1,349 Posts
Quoting sanmiguell
Disliked
What's the sense to open 2/3.../10 position at time?!
Ignored
It's easier to scale out and you are more flexible in position sizing.
 
1
  • Post #3,716
  • Quote
  • May 18, 2016 10:36am May 18, 2016 10:36am
  •  Dave987c
  • | Joined Sep 2011 | Status: One Engulf Is Not A Reversal | 124 Posts
Quoting MCFly
Disliked
{quote} It's easier to scale out and you are more flexible in position sizing.
Ignored
you know you can partially close?

1)edit volume
2)click close

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  • Post #3,717
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  • May 18, 2016 10:55am May 18, 2016 10:55am
  •  MCFly
  • Joined Sep 2008 | Status: Member | 1,349 Posts
Quoting Dave987c
Disliked
{quote} you know you can partially close? 1)edit volume 2)click close {image}
Ignored
Sure I know
 
 
  • Post #3,718
  • Quote
  • May 18, 2016 12:32pm May 18, 2016 12:32pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
Quoting sanmiguell
Disliked
What's the sense to open 2/3.../10 position at time?!
Ignored
It's not a big deal but I think it gives a bit more flexibility on scaling into a position or adding when PA confirms using small size.

Also if the stop is small then I can load up on a few more entries.

If news is about to happen then can just stick a couple of positions on. I'm not such a fan of one entry and having to mess around with the terminal to make partial closes.
 
 
  • Post #3,719
  • Quote
  • May 18, 2016 12:34pm May 18, 2016 12:34pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
GU in the end. Pretty solid move up. I think I've earned that top pick
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  • Post #3,720
  • Quote
  • May 18, 2016 12:45pm May 18, 2016 12:45pm
  •  C-12
  • Joined Jun 2012 | Status: Signed In | 5,308 Posts
AU - here's a bit more of a classic setup. We've got possible H4 engulf so might hold on and see if this mid- sup zone breaks.
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