Supply and Demand trading with Fibs

USD/CHF supply area, Dean What are your thoughts

USD/CAD supply area what you think

GBP/USD supply marked waiting for the price to come back

AUS200 waiting for price to come back to demand

Hey guys, how are well all these days, hope everyone is doing well in the supply and demand world.

I just wanted to hit you guys up with a website/link that during my career on forex I stumbled upon and completely changed my perception of how supply and demand works and why. Now I am not putting Sam Seiden down here, what he teaches is correct, but the reasons why are not, and although as you guys know from my many trading livestreams I was very profitable in supply and demand, this article and many others from this site really changed the game for me.

I'd say I went from around 65-70% accuracy to 80-85% after reading the articles, bearing in mine my trades are mostly 1risk 2reward and more, well you can do the maths

Anyway here is the link.

http://www.forexmentoronline.com/the...trading-guide/

Please note following my post above if you read it, you should now understand bank orders in the market, here I have marked a pretty sure bank intraday supply level. MY red ticks are retail traders stop losses for sells, above the highs as retail traders are taught

Banks orders are so large that liquidity is never readily available at current levels, so they need liquidity, so they search for it, liquidity hunt, or more famously known as a stop hunt retail traders are taught

Anyway we see just after lunch in UK and as NY is opening, a strong push up here in cable, taking out many many stop losses (red check marks) of retail traders, these stop losses act as a buy order opening once hit, this helps the banks fill their large sell orders, as they needs buyers to sell, simple concept.

The push down out this zone, created a rally-base-drop an absolute classic in the SAD world. I spotted this while eating my cheese sandwich and my eyes instantly knew a bank was at play, now why does price return so quickly, because banks did not fill enough sell orders to be happy, so price rises again, attracting more buyers they can sell to and eventually fill their remaning sell, and as you can see my sell also

I knew this would be high profitability because against Sams teachings price came back very quickly, banks do not like to hold orders overnight (intraday level) so they will want them filled TODAY!! If you read the article I posted you will see why longer time spent away from a zone weakens a level.

Hope anyone in the SAD can get something out of this, and look to further spot possible bank intraday orders to share with us. The main points we are looking for is break above recent highs or lows (banks searching for stops) base and drop or rise (as banks take otherside of the orders) and mainly during LOndon open and through to NY which obviously makes it more obvious an institution is at play

Thankyou Dean, for sharing some valuable information, u r a legend

No problem.

Level created at 1pm Uk time, just in time for NY banks opening Just missed by buy by a couple pips!

Hey Dean - how are you. I bet that taxi is a dim and distant memory these days.

Mike

haha, funnily enough yes and no. I still own the taxi, but i rent it out now

Hello Dean, I watched Sam Seiden's S&D videos but have very lil success for the past weeks and then I came across your threat and got hooked immediately! I have read all your threads from page one till end hoping to pick up some skills from you but sadly all the images that you uploaded on imageshack are no longer available and the meeting recording links you put up on page 1 are not working it seems. Feeling really lost now and really hope someone can provide some pointers in this thread {fingers-crossed}.

Btw, Happy Friday everyone!

Hi Esther, yes unforutnately due to the age of the thread now, seems all the pictures and live streams have expired, which is a real shame because the livestreams were great and people have literally watched my livestreams and gone off by themselves afterwards to trade profitably, whether it's using my normal supply and demand trading or my more popular 5min scalping using supply and demand with fibs.

Hopefully when the market opens again we can start to get something going again.

For example this week had a beautiful setup on cable, as USD gained momentum buyers. Price broke the last swing low indicated by upper blue line, once broke I can confirm now a downtrend, so I set an order at this supply level, and aimed for the next lows of the swing that was broken indicated by the lower blue line, which ended up being a perfect tp areas as demand started to appear here.

Thanks for your reply Dean! Yeah, such a shame that I have no access to all your hard effort you posted earlier Anyway, thank you for your kind and selfless contribution and I look forward to learning more from you.

Have a great week ahead!

Here was one of my other picks that I shown a couple friends a nice supply setup in this downtrend, RR of 3.85, drawdown was non-existant as unfilled orders were obviously in drones here. Target was lower demand, and as you can see my target which I saw as demand also would've acted as an excellent trade for the way up too but these days i'm not too greedy.

Here is my most recent trade, alot of fun with the GBP lately This trade hit my TP in one candle, beautiful amount of buy orders left to fill here.

This is on my watchlist for today, I am hoping price returns to this price within 24 hours, rather than later in time, otherwise I will void the area.



Same chart with Fib

I am trying to get alot more back into forex factory now I'm at a position of total comfort and lots of free time, and as you can probably tell from my thread I am one for sharing and not charging a dime.

We are off and away, if you did take my trade call nows the time to think about locking in, moving SL etc, since we are in quiet time of the market now and price went deeper than I would like into demand before demand took over

Full Take profit has been reached, another trade done, I hope some people took this trade, I marked the area out way before price reached it, and as you can see the tp area marked by the upper thin green line which was the supply area this area reacted perfectly and also could have been a trade, unfortunately I was asleep.