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C-12's Supply, Demand and PA thread

  • #3,841
  • May 27, 2016 1:27pm May 27, 2016 1:27pm
Quoting MCFly
{quote} Hi C-12, do you use the Nikkei for yen related pairs?
Yeah I think there's a good correlation. JPY are a bit strange to correlate any indices with. Sometimes it seems to follow the dollar, sometimes not.
  • #3,842
  • May 27, 2016 1:29pm May 27, 2016 1:29pm
Here's pretty much every single entry on GU over the last few days including losers and scrappy winners.... Scalping can be a messy business.

Some of this was lack of concentration, not watching or phone trades...

Although pleased to have got a lot of positive pippage.
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  • #3,843
  • May 27, 2016 1:41pm May 27, 2016 1:41pm
Quoting C-12
Here's pretty much every single entry on GU over the last few days including losers and scrappy winners.... Scalping can be a messy business. Some of this was lack of concentration, not watching or phone trades... Although pleased to have got a lot of positive pippage. {image}
I had only 1 position open.
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  • #3,844
  • May 27, 2016 1:47pm May 27, 2016 1:47pm
Quoting MCFly
{quote} I had only 1 position open. {image}
Yeah that's a more relaxed way to go.

Unfortunately I've got a pretty impulsive (and reckless) personality when it comes to trading which isn't always ideal. I missed out on tons of good stuff on other pairs while going to war with GU....

Oh well it was fun I guess.
  • #3,845
  • May 27, 2016 1:54pm May 27, 2016 1:54pm
Hi C-12,
Just if you have some free time.Could you little bit explain your thoughts on that chart?Thanks for sharing your experience and knowledge here.
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  • #3,846
  • May 27, 2016 2:02pm May 27, 2016 2:02pm
Quoting Red Pirate
Hi C-12, Just if you have some free time.Could you little bit explain your thoughts on that chart?Thanks for sharing your experience and knowledge here. {image}
Ok, will start from green question top to bottom.

1) When I say engulf, I really mean to say the PA that creates a fresh supply zone (it may not be a classic engulf candlestick on this timeframe but will on a lower one).
2) "Engulf - new zone means" --- Candlestick formation engulfed and a new zone is left behind by PA.
3) You can just buy the engulfing candle and put a stop behind it (as long as supported by higher time-frame).

It's tricky to just analyst this H1 chart alone as you also want H4 / Daily to confirm the direction and higher time zones.

Let me dig out the charts
  • #3,847
  • May 27, 2016 2:02pm May 27, 2016 2:02pm
Quoting C-12
Same PA on ECAD. That big engulf looks like Darth Vader's light saber. {image}
Hi C-12,

Thank you for sharing your trades with us, would you please give me more details on how you identify engulf bar?

I see that you are doing well and I would like to learn from you.

Best regards
  • #3,848
  • May 27, 2016 2:10pm May 27, 2016 2:10pm
Quoting C-12
{quote} Ok, will start from green question top to bottom. 1) When I say engulf, I really mean to say the PA that creates a fresh supply zone (it may not be a classic engulf candlestick on this timeframe but will on a lower one). 2) "Engulf - new zone means" --- Candlestick formation engulfed and a new zone is left behind by PA. 3) You can just buy the engulfing candle and put a stop behind it (as long as supported by higher time-frame). It's tricky to just analyst this H1 chart alone as you also want H4 / Daily to confirm the direction and higher...
[/b]
Ok so I marked sell/buy zone on higher TF (say H1)(this zone was created in past)Price come back and If I get on lower TF (M5) engulfing candel or some a new engulfing leg =that's my trigger .
  • #3,849
  • May 27, 2016 2:19pm May 27, 2016 2:19pm
Quoting htawfik
{quote} Hi C-12, Thank you for sharing your trades with us, would you please give me more details on how you identify engulf bar? I see that you are doing well and I would like to learn from you. Best regards
Ok, maybe I'm not explaining the term engulf very well.... I've been watching S&D trading for 4 years now. I guess I just know what what a zone will look like before it's even printed on the supdem indi. I'm using this knowledge to buy and sell in the direction of the Daily / H4 chart.

So look at the GU charts here. You can see even before all the engulfing formation has completed that it will form a new zone and that you want a lower timeframe structure (that looks similar on a lower TF) to get entry.

It also took me a while to get it ... but the penny will surely drop and you'll see it.
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  • #3,850
  • May 27, 2016 2:25pm May 27, 2016 2:25pm
Thanks.I think I getting what you mean now.
1.Mark on HTF sell/buy zones .Wait when price reach them and wait for reaction if print engulf candel on HTF or on lower tf could be seen as a new higher/lower leg just enter.
2.price ranging(consolication)from there when price print on htf engulf(lower tf leg)just enter in direction of engulf=sellers/buyers current flow.
Thanks.
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  • #3,851
  • Edited 8:58pm May 27, 2016 2:28pm | Edited 8:58pm
This should clear it up. Exact entry candle and stop locations.

Remember, with these type of entries you're getting straight in and not waiting for price to retest. (although you can happily let it retest as it will be a good fresh zone).
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  • #3,852
  • May 27, 2016 2:31pm May 27, 2016 2:31pm
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  • #3,853
  • May 27, 2016 2:33pm May 27, 2016 2:33pm
Quoting C-12
This should clear it up. Exact entry candle and stop locations. Remember, you're getting straight in and not waiting for price to retest. (although you can happily let it retest as it will be a good fresh zone). {image}
Ok I again lost it)).
I understand third one and maybe second one.Don't get it first one.
  • #3,854
  • May 27, 2016 2:34pm May 27, 2016 2:34pm
Have a look over the last few pages of charts I posted (not the crazy scalpy ones). Look at the exact location of entry..
  • #3,855
  • May 27, 2016 2:38pm May 27, 2016 2:38pm
Quoting Red Pirate
{quote} Ok I again lost it)). I understand third one and maybe second one.Don't get it first one.
Yeah, it's not the greatest one (since it's a counter trend). Think of it like a classic Sam Sieden Rally- Base - Drop.... In that example I'd be getting in during the 'drop' on the basis I can foresee a zone printing before it is even a zone.

The key here is it lines up with H4 and Daily direction with H1/M30 as your PA .... Although it also works on M5/M15 with H1 as the higher timeframe.
  • #3,856
  • May 27, 2016 2:40pm May 27, 2016 2:40pm
Well say last two I understand.
First one a see big buy momentum.HH,HL etc.Personaly I will don't sell but rather wait for PB and buy.
  • #3,857
  • May 27, 2016 2:43pm May 27, 2016 2:43pm
Quoting C-12
{quote} Yeah, it's not the greatest one (since it's a counter trend). Think of it like a classic Sam Sieden Rally- Base - Drop.... In that example I'd be getting in during the 'drop' on the basis I can foresee a zone printing before it is even a zone. The key here is it lines up with H4 and Daily direction with H1/M30 as your PA .... Although it also works on M5/M15 with H1 as the higher timeframe.
Yep is more like you anticipate drop(third part of=RBD).
Well if I do combination H1 and M5 entry tf I still looking for buy
  • #3,858
  • May 27, 2016 2:45pm May 27, 2016 2:45pm
Quoting Red Pirate
Well say last two I understand. First one a see big buy momentum.HH,HL etc.Personaly I will don't sell but rather wait for PB and buy.
Check this trade on GN. Does this upper sell entry make sense? Ignore if there was anything to the left or on higher time frame. Look at it purely from a PA perspective.
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  • #3,859
  • May 27, 2016 2:50pm May 27, 2016 2:50pm
Also these 2 areas highlighted. Again, this is just to highlight the entry PA structure but not showing the higher timeframe which is really the key making it work.
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  • #3,860
  • May 27, 2016 2:53pm May 27, 2016 2:53pm
Quoting C-12
{quote} Check this trade on GN. Does this upper sell entry make sense? Ignore if there was anything to the left or on higher time frame. Look at it purely from a PA perspective. {image}
Hm ok from PA perspective if I look only this TF and ignore left it is not sell trigger for me BUT from risk definition your entry make sense because two candels(one is some sellers sign) define your risk and you can enter sell.
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