Supply and Demand trading with Fibs | Page 57 | Forex Factory

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Supply and Demand trading with Fibs

  • #1,121
  • Sep 27, 2016 7:34am Sep 27, 2016 7:34am
Hi
Are you drawing the supply and demand zones manually or using an indicator?
Thanks.
M
  • #1,122
  • Sep 27, 2016 9:59am Sep 27, 2016 9:59am
Thanks for sharing your tricks Dean,I followed Bk8 method and saw your post leading me to this thread, hope to learn a few tricks from both of you guy. TIA. btw when you talk about TF trade in BK8 thread, what is TF?
  • #1,123
  • Sep 28, 2016 4:51am Sep 28, 2016 4:51am
E/NZD broke even on 1st on re entry at BE
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  • #1,124
  • Sep 28, 2016 9:33am Sep 28, 2016 9:33am
Hi Dean,

How do you draw your supply and demand zones? Are those based on previous highs and lows? I have been scrolling through your thread, but to me it is not clear yet.

Many thanks

Mino
  • #1,125
  • Sep 28, 2016 3:42pm Sep 28, 2016 3:42pm
I am starting to understand with the forexmentoronline articles, will try to upload some charts in the coming days ... Also I will go hrough the Sam Seiden's videos to get a better grasp of de SD concept.

many thanks for this thread
  • #1,126
  • Sep 28, 2016 5:37pm Sep 28, 2016 5:37pm
Quoting minosd
I am starting to understand with the forexmentoronline articles, will try to upload some charts in the coming days ... Also I will go hrough the Sam Seiden's videos to get a better grasp of de SD concept. many thanks for this thread
Welcome hopefully we can crank this thing up again and get graced with the thread owners insight. Bring charts and questions and we will answer as best we can
Empower Your Mind
  • #1,127
  • Sep 28, 2016 5:59pm Sep 28, 2016 5:59pm
Hi deankenny21,
I really love what you are doing here..especially your approach to SAD trading I must confess ,am just loving it! Even though I came to the party a bit late..I'd make sure I grab as much as my hand can carry.I like most others appreciate your kind gestures, plz keep 'em coming.. Seriously I would like to be like You lol..someday.
  • #1,128
  • Sep 29, 2016 4:44am Sep 29, 2016 4:44am
Hereunder my first attempt at identifying a supply zone on a 1H TF from the GBP USD, my favorite pair to short at the moment.
I actually took a short yesterday, but not following the SD rules...hopefully this one will come out in my favor.

Would this qualify as a supply zone?

Attached File(s)
File Type: pdf GBP USD Supply zone.pdf   131 KB | 451 downloads
  • #1,129
  • Edited 6:53am Sep 29, 2016 6:36am | Edited 6:53am
Quoting Minosd777
Hereunder my first attempt at identifying a supply zone on a 1H TF from the GBP USD, my favorite pair to short at the moment. I actually took a short yesterday, but not following the SD rules...hopefully this one will come out in my favor. Would this qualify as a supply zone? {image}
No I would not consider that supply, but I am glad it worked out for you. There is a bunch of crap on there but lets break it down. The yellow lines shows previous supply and demand. As you can see its a bit larger in scope because you want a bigger picture of what is going on. Inside of that last leg was small supply and demand noted in red. I assume you based your trading decision. The candle did not close below the red demand until the next candle so I would not have taken trade base on this assessment. Also as an added note its overall in a range and you could have taken a long position. I missed as I was try to answer your questions. Look at the 4hr chart to see what I mean.(previous and recent S/D). notice how lime demand got taken out. now you look for shorts.

As a sside note if you run into too many S/D areas it will not likely hold. if it hit the area 3 or more times pass on it
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  • #1,130
  • Sep 29, 2016 6:38am Sep 29, 2016 6:38am
NZD/JPY working out nicely
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  • #1,131
  • Sep 29, 2016 6:42am Sep 29, 2016 6:42am
GBP/CAD
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  • #1,132
  • Sep 29, 2016 7:01am Sep 29, 2016 7:01am
Thx VQTrader for this clear explanation, I guess you don't like my Stochastics ? :-D I am currently testing them out.
How do you determine your supply and demand zones and how to you draw them?

Hello Cashforex, interesting, I don't really see were you highlighted your supply zone.
  • #1,133
  • Sep 29, 2016 7:03am Sep 29, 2016 7:03am
Quoting cashforex
NZD/JPY working out nicely {image}
How did you arrive at your trading decision. Please share with all thanks
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  • #1,134
  • Sep 29, 2016 7:26am Sep 29, 2016 7:26am
Quoting Minosd777
Thx VQTrader for this clear explanation, I guess you don't like my Stochastics ? :-D I am currently testing them out. How do you determine your supply and demand zones and how to you draw them? Hello Cashforex, interesting, I don't really see were you highlighted your supply zone.
Eventually you will not need them. they are an after thought.
Empower Your Mind
  • #1,135
  • Sep 29, 2016 7:36am Sep 29, 2016 7:36am
aud/chf coming into demand
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  • #1,136
  • Sep 29, 2016 7:39am Sep 29, 2016 7:39am
GBP/USD working nicely from supply
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  • #1,137
  • Sep 29, 2016 7:42am Sep 29, 2016 7:42am
AUD/JPY missed opportuinty
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  • #1,138
  • Sep 29, 2016 7:45am Sep 29, 2016 7:45am
NZD/JPY Just Beautiful $$$$$$$$$$
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  • #1,139
  • Sep 29, 2016 7:50am Sep 29, 2016 7:50am
Quoting vqtrader
{quote} How did you arrive at your trading decision. Please share with all thanks
Hey VQtrader,

if you look to the left we can see that price it has brokern the last swing high, and that gives us great indication that the price is going to be moving up, and just to double check with the fib ext, from swing high to swing low it falls perfectly on the 68.1, and we can see that the price has stalled there and then took off, so inclusion we can expect the price to come back to that demand, and it would be a good buy, as you can see the trade played out to perfection

hope that helps
  • #1,140
  • Sep 29, 2016 7:53am Sep 29, 2016 7:53am
GBP/JPY another buy missed opportunity
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