Supply and demand in a nutshell by Alfonso Moreno | Page 397 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #7,921
  • Aug 9, 2016 11:16pm Aug 9, 2016 11:16pm
Any one else NZDUSD got triggered? Mine got triggered tho the TL was broken on the H4. Forgot to remove pending trade! LOL. Hopefully it works out. Otherwise D1 pending order might be hit instead.

Well , it's not a mandatory rule xD
The only person you are destined to become is the person you decide to be.
  • #7,922
  • Aug 10, 2016 12:54am Aug 10, 2016 12:54am
Quoting isaacpeh
Any one else NZDUSD got triggered? Mine got triggered tho the TL was broken on the H4. Forgot to remove pending trade! LOL. Hopefully it works out. Otherwise D1 pending order might be hit instead. Well , it's not a mandatory rule xD
I deleted my order when it missed by 7 pips
but it bounce pretty good right now hehe good for you
  • #7,923
  • Aug 10, 2016 6:59am Aug 10, 2016 6:59am
huy guys and MR Alfonso

i got 2 loses last night, usdcad was a looser because the sl was to tigth, nzdusd has a level above that was more important.
Attached Image(s) (click to enlarge)
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passion and discipline
  • #7,924
  • Aug 10, 2016 7:06am Aug 10, 2016 7:06am
Quoting rohule
huy guys and MR Alfonso i got 2 loses last night, usdcad was a looser because the sl was to tigth, nzdusd has a level above that was more important. {image} {image}
NZDUSD have a supply zone on the daily right above the H4 supply. Usually i'd follow the bigger TF zones instead as they're stronger. Wasted a trade on the NZDUSD earlier about -50pips because i forgot to remove a pending order on the H4. But now triggered on D1 SZ! Working well so far.
The only person you are destined to become is the person you decide to be.
  • #7,925
  • Aug 10, 2016 7:07am Aug 10, 2016 7:07am
Quoting LexLuthor
{quote} I deleted my order when it missed by 7 pips but it bounce pretty good right now hehe good for you
-50 PIPS MAN!!! D1 triggered tho!
The only person you are destined to become is the person you decide to be.
  • #7,926
  • Aug 10, 2016 7:37am Aug 10, 2016 7:37am
AUD/CAD - Shorts


Price is currently at MN SZ / WK SZ / D1 SZ
Pretty sure this zone will be kinda powerful since its zones within zones! Looks like price is about to realign itself with the MN trend!.
As the realignment rules says , TL break rule on LTF is voided if zone is nested on HTF zone too! (Weekly chart)

MN :
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WK :
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D1 :
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Same thing is happening on AUDUSD
Please correct me if im wrong anywhere Mr Alfonso
The only person you are destined to become is the person you decide to be.
  • #7,927
  • Aug 10, 2016 7:43am Aug 10, 2016 7:43am
I am still holding my NZDUSD buy till it gets to the monthly supply...not tooo long now..

USDCAD - it bounced off the end of the daily demand area that was created on Friday. looks like it will be a fake breakout of the existing trendline.
  • #7,928
  • Aug 10, 2016 7:45am Aug 10, 2016 7:45am
Quoting panoramia
{quote} Jack, you can post your charts if you follow the rules, that is H4 charts and higher and no indicators, just rectangles (imbalances) and trendlines as per the rules. Cheers, Alfonso
Thanks Alfonso.

Here's what I will do in order to ensure I don't violate any of your rules, I will send you a copy of my chart in a PM.

I will only post my charts once you have reviewed and validated them.

Always a pleasure to work with you.

Cheers,

Jack
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".
  • #7,929
  • Aug 10, 2016 9:35am Aug 10, 2016 9:35am
Quoting isaacpeh
AUD/CAD - Shorts Price is currently at MN SZ / WK SZ / D1 SZ Pretty sure this zone will be kinda powerful since its zones within zones! Looks like price is about to realign itself with the MN trend!. As the realignment rules says , TL break rule on LTF is voided if zone is nested on HTF zone too! (Weekly chart) MN : {image} WK : {image} D1 : {image} Same thing is happening on AUDUSD Please correct me if im wrong anywhere Mr Alfonso
Shorts not allowed on AUDCAD supply my friend, bigger timeframe is tested, no set and forget. New levels of supply needed for shorts.
Cheers,
Alfonso
www.set-and-forget.com
Set and Forget supply and demand trading community
  • #7,930
  • Aug 10, 2016 9:50am Aug 10, 2016 9:50am
Quoting panoramia
{quote} Shorts not allowed on AUDCAD supply my friend, bigger timeframe is tested, no set and forget. New levels of supply needed for shorts. Cheers, Alfonso www.set-and-forget.com
So Mr Alfonso. No matter if it's a nested zone, if it's tested means the zone will be weak? Anyways I'll see you later at the seminar!! Hehe
The only person you are destined to become is the person you decide to be.
  • #7,931
  • Aug 10, 2016 4:56pm Aug 10, 2016 4:56pm
Quoting isaacpeh
{quote} So Mr Alfonso. No matter if it's a nested zone, if it's tested means the zone will be weak? Anyways I'll see you later at the seminar!! Hehe
Tested can be seen as weaker. Rules only allow trading a fresh levels. See you in a few hours in Singapore
Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,932
  • Aug 10, 2016 10:34pm Aug 10, 2016 10:34pm
Quoting panoramia
{quote} Tested can be seen as weaker. Rules only allow trading a fresh levels. See you in a few hours in Singapore Cheers, Alfonso
wow is that your second time doing seminar at Singapore?
  • #7,933
  • Aug 10, 2016 11:28pm Aug 10, 2016 11:28pm
Quoting LexLuthor
{quote} wow is that your second time doing seminar at Singapore?
Second time here. There is a free 3 hours live workshop today in Singapore at 7 pm as well, before the full workshop on Saturday.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,934
  • Aug 10, 2016 11:36pm Aug 10, 2016 11:36pm
Would have loooved to attend it, but Singapore is way tooo far for me.
  • #7,935
  • Aug 11, 2016 7:13am Aug 11, 2016 7:13am
Quoting Forexbeaver
Would have loooved to attend it, but Singapore is way tooo far for me.
Don't worry, Alfonso will post video soon.
Simple is powerful all the time.
  • #7,936
  • Aug 11, 2016 8:43am Aug 11, 2016 8:43am
Anyone going for this trade on GBP/JPY if price retraces to the upside ?

Weekly down

Daily down with demand in control

4h down with some room for price to drop until daily demand is hit.

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  • #7,937
  • Aug 11, 2016 8:52am Aug 11, 2016 8:52am
Hello everyone, i am watching videos (just beginning) I do not understand how to use/trade cp patterns momentum trading. Where do we enter? How to enter? e.g. as base if forming? are we trying to 'catch the imbalance to ride up because there is no pullback or retest?

would appreciate clarity
thanks
  • #7,938
  • Aug 11, 2016 10:49am Aug 11, 2016 10:49am
Quoting evolvethink
Hello everyone, i am watching videos (just beginning) I do not understand how to use/trade cp patterns momentum trading. Where do we enter? How to enter? e.g. as base if forming? are we trying to 'catch the imbalance to ride up because there is no pullback or retest? would appreciate clarity thanks
Hello there,
You must read the first post, read the thread and watch some of the videos to start understanding the continuations patterns. take your time, it takes time. I can't summarize that in a few words, you need to read the content of the thread and watch some videos sorry.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #7,939
  • Aug 11, 2016 11:22am Aug 11, 2016 11:22am
Hello Mr Alfonso,

I came up to you right before the senimar ended yesterday. What i wanted to ask was about the pair NZD/USD. On your weekly anaylasis being emailed to us not long ago , it stated that NZD/USD is a short bias at that time. Since the MN is already a Down consodilation but WK and D1 is an Up trend , why is it still a short bias?

Side note : My short trade was triggered on this pair on the D1 chart but i guess the recent interest rate just made price hit my SL and ran back down omg.
Will i be allowed to place another trade after my SL was hit and if price is still within the SZ ? < or any other similar scenerios like this.
The only person you are destined to become is the person you decide to be.
  • #7,940
  • Aug 11, 2016 4:35pm Aug 11, 2016 4:35pm
Thank you for your response, I am thankful for your work and help glad to have found you. You said this was harder than a university ...i agree! (Im a college student) I will take my time... I am here for the long haul, happy to have found something that I am interested in and enjoy . Again thank you.
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