Supply and demand in a nutshell by Alfonso Moreno | Page 385 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #7,681
  • Jun 2, 2016 3:38pm Jun 2, 2016 3:38pm
I agree, short in this Supply, this is my point of view... I do not know if the Trendline is drawn well, but short for me and my DEMO account :-)).
I'm really beginning with Supply and Demand and at the moment I have spinning in a circle about correct zone.
I do not know what combination TIMEFRAME is best for me (for topdown analysis), I still look for H4/M15 but here it is not allowed (I understand it)

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English is not my native language
  • #7,682
  • Jun 2, 2016 3:44pm Jun 2, 2016 3:44pm
I learn from this, draw SD zones, trendlines and watch what happens...

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English is not my native language
  • #7,683
  • Jun 3, 2016 11:28am Jun 3, 2016 11:28am
2 questions:
1) during a validation of a SD zone. we need to remove an opposing SD zone, must this be a validated zone to be removed ?

2) for eg D1 Ascending TL has been broken, no longs are allowed until a HTF DZ is reached.
assuming a W1 DZ is reached, we can long at the D1 DZ that is nested in the W1 DZ. ,the question is can we put a limit order ?
or must it be a confirmation ?

thanks
  • #7,684
  • Jun 3, 2016 6:22pm Jun 3, 2016 6:22pm
Quoting lionfx
2 questions: 1) during a validation of a SD zone. we need to remove an opposing SD zone, must this be a validated zone to be removed ? 2) for eg D1 Ascending TL has been broken, no longs are allowed until a HTF DZ is reached. assuming a W1 DZ is reached, we can long at the D1 DZ that is nested in the W1 DZ. ,the question is can we put a limit order ? or must it be a confirmation ? thanks
Let me answer your question...

1) What would be the point to have validation of a zone if the opposing zone being removed was not a zone?
2) We can go long at D1 nested at WK. Why confirmation if bigger picture is up?

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,685
  • Jun 3, 2016 7:41pm Jun 3, 2016 7:41pm
EURJPY creating a new Daily supply level. We have a clear monthly and 3 months downtrend, new supply levels created and respected. Two great levels of supply to short, price fell short of retracing to middle one at 125.55. Short bias. No reason to buy at all in a downtrend.

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Set and Forget supply and demand trading community
  • #7,686
  • Jun 3, 2016 11:31pm Jun 3, 2016 11:31pm
Glad to see you mentioned EURJPY, and how about GBPJPY, Alfonso?
Mind to give us an analyzing chart here.
Simple is powerful all the time.
  • #7,687
  • Jun 4, 2016 3:41am Jun 4, 2016 3:41am
Quoting panoramia
{quote} Let me answer your question... 1) What would be the point to have validation of a zone if the opposing zone being removed was not a zone? 2) We can go long at D1 nested at WK. Why confirmation if bigger picture is up? Cheers, Alfonso


thanks for your response

so for (2) we can set and forget, am I right?
  • #7,688
  • Jun 4, 2016 9:52am Jun 4, 2016 9:52am
HI Alphonso
I was viewing one your past videos.
attached below a screenshot.
this scenario, it shows a Daily DZ. but it does not have a 1:2 imbalance yet.

you mentioned that if this is the case on Daily, then we should not be going down to H4 or even H1 to look for a trade.

did I hear you correctly ?

thank you
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  • #7,689
  • Jun 4, 2016 2:08pm Jun 4, 2016 2:08pm
hello to all
look at this trade great trade
i want to thank alfonso moreno great man .
this man open my eye how to trade like apro in this hard market that call "forex"
thank you very much alfonso.
great week.
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  • #7,690
  • Jun 4, 2016 6:42pm Jun 4, 2016 6:42pm
Quoting ronentn
hello to all look at this trade great trade i want to thank alfonso moreno great man . this man open my eye how to trade like apro in this hard market that call "forex" thank you very much alfonso. great week. {image}
Congrats Ronentn!!! & Yes many thanks to Alfonso for his passion & dedication!
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #7,691
  • Jun 5, 2016 4:44am Jun 5, 2016 4:44am
Here are my inputs on EU. Pls advice/guide as I am new to DS... Though M1D1W1 all were down, D1 shot up due to NFP last fri and broke 2 Supply zones...Will this be a reversal or still going down...

https://charts.mql5.com/11/441/eurus...ivision7-2.png
  • #7,692
  • Jun 5, 2016 4:49am Jun 5, 2016 4:49am
Here is the chart for GU...Though M1W1 was down, D1 is in consolidation stage and couldnt make it if its a reversal here....any advice would help...



https://charts.mql5.com/11/441/gbpus...-division7.png
  • #7,693
  • Jun 5, 2016 7:44am Jun 5, 2016 7:44am
Quoting panoramia
EURJPY creating a new Daily supply level. We have a clear monthly and 3 months downtrend, new supply levels created and respected. Two great levels of supply to short, price fell short of retracing to middle one at 125.55. Short bias. No reason to buy at all in a downtrend. {image}
Hey alfonso, you were right, that now we are ir Monthly, Weekly, Daily downtrend, but price is now at monthly demand level, is shorts allowed anyway ?
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  • #7,694
  • Jun 5, 2016 8:19pm Jun 5, 2016 8:19pm
analysis on EURGBP
MN still downtrend
Weekly still downtrend so we should be looking to sell
daily , price now gap up but since the day has not ended, we should still consider this a downtrend.
either we sell at the top supply zone which is nested with W1 SZ or sell now where price is, also nested with W1 supply

on a intraday trade , if price can remove the W and D SZ we can take long at demand zone 43.

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  • #7,695
  • Jun 6, 2016 1:04am Jun 6, 2016 1:04am
I have different perspective for EURGBP

Two options I have on entry the daily time frame
1) Wait for weekly supply to be taken out for long
2) Wait for daily trend to change from up to down with new supply formed on daily time frame ( Confirmation entry with daily demand must be broken) to go short in direction of weekly trend
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  • #7,696
  • Jun 6, 2016 5:23am Jun 6, 2016 5:23am
Quoting Vsm
I have different perspective for EURGBP Two options I have on entry the daily time frame 1) Wait for weekly supply to be taken out for long 2) Wait for daily trend to change from up to down with new supply formed on daily time frame ( Confirmation entry with daily demand must be broken) to go short in direction of weekly trend {image} {image} {image}
+1
Trade what you see..
  • #7,697
  • Jun 6, 2016 9:08am Jun 6, 2016 9:08am
Quoting lionfx
analysis on EURGBP MN still downtrend Weekly still downtrend so we should be looking to sell daily , price now gap up but since the day has not ended, we should still consider this a downtrend. either we sell at the top supply zone which is nested with W1 SZ or sell now where price is, also nested with W1 supply on a intraday trade , if price can remove the W and D SZ we can take long at demand zone 43. {image}{image}{image}
hi LionFx! there were two valleys to draw an ascending trendline, and one supply has been taken out so monthly is in a uptrend on Eur/Gbp.
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Pursue excellence, and success will follow
  • #7,698
  • Jun 7, 2016 1:11am Jun 7, 2016 1:11am
Shooting a timelapse in Singapore after a trading morning. We must spend as much time away from the charts as possible. We won't move the candles with the power of our mind, we will end up modifying our entries if we stay in front of our trading platform. It's ironic that I am pointing at the third financial centre in the world were the real deal is going on

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Set and Forget supply and demand trading community
  • #7,699
  • Jun 7, 2016 1:12am Jun 7, 2016 1:12am
Quoting leo_thien
{quote} hi LionFx! there were two valleys to draw an ascending trendline, and one supply has been taken out so monthly is in a uptrend on Eur/Gbp. {image}
Yes, EURGBP has a monthly uptrend. Weekly demand imbalance in control and new daily demand zones being created on the daily chart.

Cheers,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
  • #7,700
  • Jun 7, 2016 1:13am Jun 7, 2016 1:13am
Quoting rokutata
{quote} Hey alfonso, you were right, that now we are ir Monthly, Weekly, Daily downtrend, but price is now at monthly demand level, is shorts allowed anyway ? {image}
Waiting for that monthly demand zone to be taken out, shorts only if you have nested opposing bigger timeframe supply zone like the weekly.
Cheers,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
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