Supply and Demand trading with Fibs | Page 56 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fibs trading and PASR 0 replies

Fibs And Forks Journal 62 replies

Fibs and Forks 177 replies

Fibs, fibs, fibs 3 replies

Trading with Fibs...and Targets...! 28 replies

Attachments: Supply and Demand trading with Fibs
Exit Attachments

Supply and Demand trading with Fibs

  • #1,101
  • Sep 18, 2016 7:33pm Sep 18, 2016 7:33pm
I am an old follower of Redsword11 but I have been through your thread many times. I'm happy to see you posting again and will follow.

The desire to show one's ability to trade in terms of profitability is noble and desirable but not always so easy to do as you are expressing. I am on record as being one that has challenged many a guru to prove their claims especially those with their hands in the wallets of newbie traders. I know longer participate in such demands as it was consuming me with hatred for these fakes. Rather I ignore them and take what I can from those that I have found through my own due diligence to be "real".

I know you are the real deal and I will follow you at my own risk. Supply and demand trading has always been at the core of my trading although I have deviated at times and in fact I do still trade methods having nothing to do with S/D trading.

I look forward to following you to learn from your experience and expertise. If appropriate I will post a chart now and then but only if it supports your thread. Carry on my friend!
  • #1,102
  • Sep 18, 2016 7:52pm Sep 18, 2016 7:52pm
Quoting Winston Reed
I am an old follower of Redsword11 but I have been through your thread many times. I'm happy to see you posting again and will follow. The desire to show one's ability to trade in terms of profitability is noble and desirable but not always so easy to do as you are expressing. I am on record as being one that has challenged many a guru to prove their claims especially those with their hands in the wallets of newbie traders. I know longer participate in such demands as it was consuming me with hatred for these fakes. Rather I ignore them and take...
Hi Winston, welcome. Thank you so much for your kind words, did you ever watch any of my original streams?
Have seen your username somewhere before also can't remember where though

EURGBP, some daily levels I am currently looking at as BOE set to speak. On the 4 hr chart in 2nd picture, we can see EURGBP is in a nice channel upwards, I am looking for the channel to hold and reactions around these levels. As you can see i am already in a nice buy position on this pair on my families account that I trade from a lower demand, and have moved SL to positive position, I enjoy EURGBP

DAILY
Attached Image (click to enlarge)
Click to Enlarge Name: 1111.png Size: 125 KB


4 HOUR
Attached Image (click to enlarge)
Click to Enlarge Name: 2222.png Size: 64 KB
  • #1,103
  • Sep 19, 2016 3:02am Sep 19, 2016 3:02am
Quoting deankenny21
{quote} Hi Winston, welcome. Thank you so much for your kind words, did you ever watch any of my original streams? Have seen your username somewhere before also can't remember where though EURGBP, some daily levels I am currently looking at as BOE set to speak. On the 4 hr chart in 2nd picture, we can see EURGBP is in a nice channel upwards, I am looking for the channel to hold and reactions around these levels. As you can see i am already in a nice buy position on this pair on my families account that I trade from a lower demand, and have moved...
nice...following. combining with my fibs will be interesting.
Nothing stands in the way of a person's will -THE MYSTICS
  • #1,104
  • Sep 20, 2016 3:51am Sep 20, 2016 3:51am
Quoting deankenny21
Trying to clean things up a bit, I have edited post 1 with the following UPDATE MID 2016 As many know I had to abandon my sharing and livestreams for the funds I traded for a large Canadian Record Company, in my contract was areas that did not allow me to share or livestream my trading no more. As of mid 2016, after a good many years trading the funds, I am back Trading my own funds and also some private funds within the UK. I hope to become once more active again within this thread and share everything I have gained in knowledge since trading...
WOW! This is really a great news to all old and new followers alike... Can't wait to learn more from you, DK!
  • #1,105
  • Sep 24, 2016 12:38pm Sep 24, 2016 12:38pm
Quoting deankenny21
Trying to clean things up a bit, I have edited post 1 with the following UPDATE MID 2016 As many know I had to abandon my sharing and livestreams for the funds I traded for a large Canadian Record Company, in my contract was areas that did not allow me to share or livestream my trading no more. As of mid 2016, after a good many years trading the funds, I am back Trading my own funds and also some private funds within the UK. I hope to become once more active again within this thread and share everything I have gained in knowledge since trading...
Nice thread deankenny21 and subscribed.
Cheers.
Merka
  • #1,106
  • Sep 24, 2016 1:04pm Sep 24, 2016 1:04pm
Quoting deankenny21
Supply And Demand Trading Rules You Must Follow Supply and demand zones are one of the core strategies I use to trade the forex market. I have been trading the supply and demand strategy since it became a popular method back in 2009, in the years since then Ive spent a lot of time trying to make supply and demand trading as profitable as possible, in doing so I had to change a lot of the supply and demand trading rules which traders commonly use because the rules themselves didnt quite make sense with the reality of how the market works. Over the...
Hi deankenny21 and all fellow traders..This thread seems to active again..i just subscribe..hope we can learn each others.thanks
Keep It Simple & Profitable
  • #1,107
  • Sep 24, 2016 4:11pm Sep 24, 2016 4:11pm
Welcome guys, did not post much during past week, sorting some personal issues out. But should be very much active again in the forthcoming weeks, especially since both FOMC and the BOJ dissapointed the market, which makes it very easy for intra-day supply and demand traders
  • #1,108
  • Sep 24, 2016 10:08pm Sep 24, 2016 10:08pm
As mentioned above, perfect scenarios currently for intraday traders.

http://www.fxstreet.com/analysis/eur...s-201609231431
  • #1,109
  • Edited Sep 26, 2016 5:57am Sep 25, 2016 11:10pm | Edited Sep 26, 2016 5:57am
Hey dean! Nice to see you on FF. I just got my platform up and running again. Looking forward to your insights. Im still in practice mode because I got super rusty while sorting out real estate issues. Looking to follow your path on intra day as my equity is too low to go above 1h. Your story is truly inspiring. I still use Sam Seiden more than you although I think some of his advanced stuff just clutters the board. I found the RSI and other oscillators to be really hopeless. Now its just support and resistance and trendlines. I look at fibs too but more just a general 1/4 1/3 1/2 etc then trying to pinpoint the exact fib sequence.

I am still looking at your continuation patterns but havent caught on but catching asian and sydney bounces is a piece of cake now.
  • #1,110
  • Sep 26, 2016 5:58am Sep 26, 2016 5:58am
here is what I am looking at learning about S & D
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.22.jpg Size: 312 KB
Empower Your Mind
  • #1,111
  • Sep 26, 2016 6:16am Sep 26, 2016 6:16am
Quoting deankenny21
Trying to clean things up a bit, I have edited post 1 with the following UPDATE MID 2016 As many know I had to abandon my sharing and livestreams for the funds I traded for a large Canadian Record Company, in my contract was areas that did not allow me to share or livestream my trading no more. As of mid 2016, after a good many years trading the funds, I am back Trading my own funds and also some private funds within the UK. I hope to become once more active again within this thread and share everything I have gained in knowledge since trading...
This guy will be the first guy I can vouch for. I was there from the beginning and I can atest to his live streams. While Im still learning and have a lot of realestate issues I can tellyou 4 things that I did after Stumbling upon Dean.
1. Watch any and all Sam Seiden videos on line until your eyes bleed
2. Read through Rocky's Journal here on FF. I wont post the link. Don't be lazy and find it yourself.
3. Read through anything posted by Dean.
4. Read through James 16 thread.get the basics down
  • #1,112
  • Sep 26, 2016 6:44am Sep 26, 2016 6:44am
Quoting vqtrader
here is what I am looking at learning about S & D {image}
Im assuming you placed your trade on the trendline. It looks good. I have found that Sunday bars stretch out the trend because of low volume. thats why you are seeing it meander. Hope it breaks for you. I personally would have set a buy limit much lower at the strong rejection point. (Long candles with southern wicks) a little higher than previous rejection. I know Dean likes continuation patterns better while I look for reversals so I look forward to what he has to say.Im guessing the trade up high is a sell limit at rejection?
  • #1,113
  • Sep 26, 2016 7:22am Sep 26, 2016 7:22am
Quoting vqtrader
here is what I am looking at learning about S & D {image}
Winner winner chicken dinner! Nice run allthe way to the daily reisistance! I usually do not trade during this time. But Im beginning to see why Dean likes continuation patterns during London and NY. I mainly scalp Sydney and Asia. Reversals are more common. Its all making sense now...
  • #1,114
  • Edited 11:18am Sep 26, 2016 10:56am | Edited 11:18am
Attached Image (click to enlarge)
Click to Enlarge Name: aaa.png Size: 44 KB

Edit: While I have not been stopped out yet, I came embarrassingly close.9.5 pips down. Upon analyzing it I usually do not enter this early. This is a combination of the london boys taking their profits and heading off for some pints and snooker, and NY loudmouths taking profits and off to their power lunches. I forgot about the Loud mouthed New yorkers. I usually start my trading around 2PM NY time. SO THIS TRADE IS AN EMBARRASMENT AND LACK OF DUE DILLIGENCE ON MY PART.
  • #1,115
  • Sep 26, 2016 11:59am Sep 26, 2016 11:59am
Quoting deankenny21
Supply And Demand Trading Rules You Must Follow Supply and demand zones are one of the core strategies I use to trade the forex market. I have been trading the supply and demand strategy since it became a popular method back in 2009, in the years since then Ive spent a lot of time trying to make supply and demand trading as profitable as possible, in doing so I had to change a lot of the supply and demand trading rules which traders commonly use because the rules themselves didnt quite make sense with the reality of how the market works. Over the...


Hi,
You began writing about 4 rules, but only listed 2 of them due to interruptions.
Could you please write the other 2 rules ?

Thanks in advance
  • #1,116
  • Edited 7:24pm Sep 26, 2016 6:35pm | Edited 7:24pm
Quoting ^eagle^
{quote} Winner winner chicken dinner! Nice run allthe way to the daily reisistance! I usually do not trade during this time. But Im beginning to see why Dean likes continuation patterns during London and NY. I mainly scalp Sydney and Asia. Reversals are more common. Its all making sense now...
Hope you were able grab that chicken by the neck before it took off. I have tried a few entry points entry at the base of the move hardly gets triggered but when it does R:R is 1:3 or more. I try to find potential trade for all of use to analyze and profit from together. Win or lose. BTW I too went head first with Sam 6 years ago just getting back into. I have been into harmonics, price, ratios etc. with Mr Pips. I post and learned alot there. Awesome guy personally. Anyway trying to simplify even further.

I'll look for trade to post in second

Also Everyone Let me know if you AGREE/DISAGREE and please give analysis behind it so the whole thread can learn thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.23.jpg Size: 447 KB
Click to Enlarge Name: screenshot.25.jpg Size: 521 KB
Empower Your Mind
  • #1,117
  • Edited Sep 27, 2016 6:17am Sep 26, 2016 7:48pm | Edited Sep 27, 2016 6:17am
Last one of the night heading to watch debate. 3 trades for a total risk (a big 187 pips and reward 768 pips). Assuming all are triggered. If a new high is created I will close, readjust and analyze (FYI) Jump in the water and let's take a look at these and make or lose some cashola

Edited: lost u/cad -41 pips. strong supply area,deleted first order on A/NZD(want better entry)
E/NZD take profit 1 adjusted at 1.5485 supply area and at BE
Weekly long bias fell into demand(one to keep an eye on 500 pips target overall if it holds)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.26.jpg Size: 397 KB
Click to Enlarge Name: screenshot.27.jpg Size: 308 KB
Click to Enlarge Name: screenshot.28.jpg Size: 322 KB
Empower Your Mind
  • #1,118
  • Sep 27, 2016 6:26am Sep 27, 2016 6:26am
Hey Dean,

What you think of my analysis
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.xpM15.png Size: 29 KB
  • #1,119
  • Sep 27, 2016 6:27am Sep 27, 2016 6:27am
Please disregard the Buy Order its suppose to be a sell order
  • #1,120
  • Sep 27, 2016 7:23am Sep 27, 2016 7:23am
Quoting cashforex
Hey Dean, What you think of my analysis {image}
How I see it, it may not hold. it dancing between supply/demand. Better odds is at top of area. will give better analysis later heading to work.
my limit is at 130.93 with stop 131.30.
any other takers on whats going on?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.29.jpg Size: 327 KB
Empower Your Mind
0 traders viewing now