Supply and demand in a nutshell by Alfonso Moreno | Page 392 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #7,821
  • Jul 14, 2016 5:51am Jul 14, 2016 5:51am
Hello,

Tonight I had a failtrade with AUDNZD. See below. Did anyone have the same problem? What did I miss? What was my mistake?

Attached Image (click to enlarge)
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Any comments are highly welcome.

andreas
  • #7,822
  • Jul 14, 2016 6:35am Jul 14, 2016 6:35am
Quoting akr
Hello, Tonight I had a failtrade with AUDNZD. See below. Did anyone have the same problem? What did I miss? What was my mistake? {image} Any comments are highly welcome. andreas
Although you use W/D/4H sequence, you should be aware of M TF. M DZ is in control... at least that's what I see on my charts.
  • #7,823
  • Jul 14, 2016 6:35am Jul 14, 2016 6:35am
Quoting akr
Hello, Tonight I had a failtrade with AUDNZD. See below. Did anyone have the same problem? What did I miss? What was my mistake? {image} Any comments are highly welcome. andreas
IMHO main problem is that price is reacting to a monthly demand level (almost to the pip) and we are very very low in monthly curve. Moreover, there is no weekly supply at that level, and there is no basing candle on daily to rely on (and no 2:1 rally), and too much daily trading at that level on the left.
Trade what you see..
  • #7,824
  • Jul 14, 2016 9:45am Jul 14, 2016 9:45am
Looks like there's a new lowest low on GBPUSD
The only person you are destined to become is the person you decide to be.
  • #7,825
  • Jul 14, 2016 10:19am Jul 14, 2016 10:19am
Quoting akr
Hello, Tonight I had a failtrade with AUDNZD. See below. Did anyone have the same problem? What did I miss? What was my mistake? {image} Any comments are highly welcome. andreas
Monthly demand in control, low in curve no short sell allowed on daily, counter trend buy on daily new demand levels formed till weekly supply is reached
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  • #7,826
  • Edited 11:42am Jul 14, 2016 11:18am | Edited 11:42am
Quoting isaacpeh
Looks like there's a new lowest low on GBPUSD
That lowest low happened a few days ago on GBPUSD, you are a bit late in your comment... After a strong drop in price is not a good idea to sell

Cheers,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
  • #7,827
  • Jul 14, 2016 11:46am Jul 14, 2016 11:46am
Quoting Vsm
{quote} Monthly demand in control, low in curve no short sell allowed on daily, counter trend buy on daily new demand levels formed till weekly supply is reached {image} {image} {image}
Robski, Chawl and especially VSM. Thanks a lot for your fast response. Its a fantastic community here!!!

The nested monthly/weekly demand low in curve is key. Makes absolute sense.

The new potential daily demand might be interresting. Lets see how it turns out.

Andreas
  • #7,828
  • Jul 14, 2016 11:54am Jul 14, 2016 11:54am
Quoting panoramia
{quote} That lowest low happened a few days ago on GBPUSD, you are a bit late in your comment... After a strong drop in price is not a good idea to sell Cheers, Alfonso www.set-and-forget.com
Yeah did not plan on selling! I am actually waiting for a long to happen after the massive drop :/

and 1 stupid question , what is a curve?
The only person you are destined to become is the person you decide to be.
  • #7,829
  • Jul 14, 2016 12:35pm Jul 14, 2016 12:35pm
I really hope that i'm not polluting this thread by posting invalid information, Sorry in advance if i am.
Sorry panoramia if i drew my zones wrongly once again.

Chart on NZDCAD.

Am i the only one feeling that this pair will drop? It seems like it is in a potential supply zone on the montly ,
Im aware it is still in a uptrend.

On the weekly currently it's a long red candle
On the daily it barely broke through the TL (still below the TL as of now)

MONTHLY
Attached Image (click to enlarge)
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WEEKLY
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DAILY
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Let me know your thoughts guys.
The only person you are destined to become is the person you decide to be.
  • #7,830
  • Jul 14, 2016 12:54pm Jul 14, 2016 12:54pm
Quoting isaacpeh
I really hope that i'm not polluting this thread by posting invalid information, Sorry in advance if i am. Sorry panoramia if i drew my zones wrongly once again. Chart on NZDCAD. Am i the only one feeling that this pair will drop? It seems like it is in a potential supply zone on the montly , Im aware it is still in a uptrend. On the weekly currently it's a long red candle On the daily it barely broke through the TL (still below the TL as of now) MONTHLY {image} WEEKLY {image} DAILY {image} Let me know your thoughts guys.
You are not polluting the thread, if you did I would have warned you and then cleaned you

Monthly supply in control and reacting, no longs allowed that high on NZDCAD.

Cheers,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
  • #7,831
  • Jul 14, 2016 12:55pm Jul 14, 2016 12:55pm
Quoting isaacpeh
{quote} Yeah did not plan on selling! I am actually waiting for a long to happen after the massive drop :/ and 1 stupid question , what is a curve?
Let me answer what you think to be a stupid question with a stupid or silly question Have you read the rules? If you had, you would know what the supply and demand curve is

Cheers,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
  • #7,832
  • Jul 14, 2016 6:41pm Jul 14, 2016 6:41pm
greetings to you all
Please
I want indicators and templates
  • #7,833
  • Jul 15, 2016 1:52am Jul 15, 2016 1:52am
Quoting sahraoui67
greetings to you all Please I want indicators and templates
You must read the first post my friend... It explains that you can download them by going to this URL http://www.set-and-forget.com/free_webinars

Cheers,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
  • #7,834
  • Jul 15, 2016 11:56am Jul 15, 2016 11:56am
Unfortunately, I did not find indicators
  • #7,835
  • Jul 16, 2016 2:44am Jul 16, 2016 2:44am
Quoting sahraoui67
Unfortunately, I did not find indicators
You'll have to contact him via that website for the links to download it!
The only person you are destined to become is the person you decide to be.
  • #7,836
  • Jul 19, 2016 12:13am Jul 19, 2016 12:13am
Tested monthly demand with expected bigger penetration happened on GBPAUD. There are two levels of supply on the Daily chart. Lower one at 1.79ish with Daily 20 EMA and the top one (higher odds) nested at weekly supply imbalance. Shorts not allowed in H4 and lower timeframes after such a strong drop in price.

Cheers,
Alfonso
www.set-and-forget.com

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #7,837
  • Jul 19, 2016 1:42am Jul 19, 2016 1:42am
Weekly supply in control on #audusd New supply zones being formed on H4 and potentially on Daily chart. Short bias since price is now too high in the weekly curve and weekly supply is in control.
What are your views on audusd? Anybody uploading a more detailed top down analysis of potential entries?

Cheers,
Alfonso
www.set-and-forget.com

Attached Image (click to enlarge)
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Set and Forget supply and demand trading community
  • #7,838
  • Jul 19, 2016 8:37am Jul 19, 2016 8:37am
Hi everybody,

I learn so much from this thread. Thanks so much for that! I am uploading the chart of GBPJPY for analysis and some help if I am correct or not. Any comments or help would be appreciated.

Alfonso - AUDUSD left the daily supply zone early this morning. I am on that trade!
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  • #7,839
  • Jul 19, 2016 9:00am Jul 19, 2016 9:00am
Quoting Forexbeaver
Hi everybody, I learn so much from this thread. Thanks so much for that! I am uploading the chart of GBPJPY for analysis and some help if I am correct or not. Any comments or help would be appreciated. Alfonso - AUDUSD left the daily supply zone early this morning. I am on that trade! {image}
The weekly downtrend has not been broken on GPJPY, weekly supply higher. Congrats on your AUDUSD short.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,840
  • Jul 19, 2016 10:30am Jul 19, 2016 10:30am
Thanks Alfonso...So that means that it will still go downwards until that trend is broken... grrr... I took a buy on that GBPJPY.. Learning time again!
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