Yeow..got sama as NZD before..{image}
Price Will Tell - Supply/Demand Price Action Trading
- #822
- Jul 21, 2016 2:05pm Jul 21, 2016 2:05pm
{quote} Hi batus, don't you take in consideration the strong candle approaching the zone? Many times I find that it starts with a strong move turns to a channel and then another strong move, as it happend in your chart (the second strong move was entirely rejected) I am quite new to SandD but although many times I say these moves simply cut through SandD
For a touch trade, the decision is important. Every single base have it's own decision that make a move from base (balance area) to another base thru imbalance. Sometimes it make profit & else just a stop. Not many choice i have except i know exactly the order
.Here is some great move today on lower tf & higher tf :
- #823
- Jul 22, 2016 5:09am Jul 22, 2016 5:09am
Something about the price movement.
Sorry Simond..i make too many posting on this thread, i only describe in a chart for a discussion,,Im not realy know how to write it.
This is last one..price will tell :
Same as GbpJpy..
Sorry Simond..i make too many posting on this thread, i only describe in a chart for a discussion,,Im not realy know how to write it.
This is last one..price will tell :
Same as GbpJpy..
- #824
- Jul 22, 2016 5:31am Jul 22, 2016 5:31am
- Joined May 2012 | Status: ... | 1,925 Posts
Something about the price movement. Sorry Simond..i make too many posting on this thread, i only describe in a chart for a discussion,,Im not realy know how to write it.
- #826
- Edited 9:36am Jul 22, 2016 8:18am | Edited 9:36am
batus, what I'd add to the above is that I think we trade more or less the same levels; i.e. were looking at (and out for) the same imbalances, however, our entry criteria are quite different. As I've stated previously, I always look for PA at the levels. There is a caveat to this in my own trade plan but it involves price already having tested the level and moving away, and is quite specific. I would actually like to try and expand my trading method to trade a little more like you do on the touch side of things; I think I miss a lot of good opportunities...
i thought my trade style interrupt your method..way of trading haha..btw we are using the same supply & demand ..and actually our levels almost the same..Yeahh 
.Yes , i use varied timeframes according to the setup either scalping or intraday.
There is a reason why sometimes i trade before or after the news. Actually its a simple rules. Buy at demand, sell at supply & always look to the left. Simple rules but works in my trading.
Picture before on Gbp Manufacturing PMI that price actually at supply..thats the reason i entry before news.
But for CAD Core release, the price was nowhere and on higher tf it was at strong ressistance. When price attempt too many times, the ressistance considered weak. So the best is wait for price drop to fresh demand...then only the best entry for long. For that, the entry should be after news release. Here is the trade entry for USDCAD today:
- #828
- Jul 25, 2016 8:19am Jul 25, 2016 8:19am
- Joined May 2012 | Status: ... | 1,925 Posts
Looking at potential bearish on EurUsd..at level 1.0992
Quiet day my side. Bit of choppy S/R coming into play on EURUSD and GJ but re 1.0992 I concur. Will be watching this blue box area too - may push lower from there, may not...
- #829
- Edited 9:33am Jul 25, 2016 8:50am | Edited 9:33am
{quote} Quiet day my side. Bit of choppy S/R coming into play on EURUSD and GJ but re 1.0992 I concur. Will be watching this blue box area too - may push lower from there, may not... {image}
Watch the supply near the engulfed
A demand been engulfed :
- #832
- Edited 8:50pm Jul 25, 2016 1:11pm | Edited 8:50pm
HI，I am new to new threads, which one do you use indicators? Thank you
1st entry on EurUsd hit stoploss :
GbpJpy entry :
When all demand consumed, price drop sharply:
GbpJpy entry :
UsdJpy entry :
- #835
- Jul 26, 2016 2:34am Jul 26, 2016 2:34am
- Joined May 2012 | Status: ... | 1,925 Posts
Some EURUSD tech..
- #840
- Jul 26, 2016 9:45am Jul 26, 2016 9:45am
{quote} Hi , i love to see your chart always (simple but informative ) & that the reason i want to learn S & D ... what is your view on USDCAD ? If possible please post a chart for me to learn ... Best regards , Ninja
