DislikedNew daily supply zones at 0.71760 and 0.7339. NZDUSD has been dropping non-stop since monthly supply level gained control a few weeks ago. Monthly supply level is in control, weekly is in a clear downtrend and new levels of supply being created on the daily and lower timeframes. Short bias, lots of room to keep on dropping to counter-trend last daily demand zone around 0.67. Cheers, Alfonso Supply and demand trading analysis blog {image}Ignored
Supply and demand in a nutshell by Alfonso Moreno
- #8,163
- Dec 27, 2016 8:53am Dec 27, 2016 8:53am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #8,164
- Dec 27, 2016 8:54am Dec 27, 2016 8:54am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #8,166
- Dec 27, 2016 9:24am Dec 27, 2016 9:24am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Set and Forget supply and demand trading community
- #8,167
- Dec 27, 2016 10:42am Dec 27, 2016 10:42am
- | Membership Revoked | Joined Aug 2015 | 1,243 Posts
- #8,168
- Dec 28, 2016 12:30am Dec 28, 2016 12:30am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
{quote} OK, mid point or 50% is same thing but how do you use it in trading ...they are there with reason for trading? Interpretation for trading?
You must do your homework. Cheers, Alfonso
Set and Forget supply and demand trading community
- #8,169
- Dec 28, 2016 12:53am Dec 28, 2016 12:53am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Russell 2000 US index long bias, new weekly and monthly demand zones being created and making all time highs. Long bias at Weekly demand around 1342 and lower timeframes areas of demand, D1 and H4.
Cheers,
Alfonso
Supply and demand trading analysis blog
Cheers,
Alfonso
Supply and demand trading analysis blog
Set and Forget supply and demand trading community
- #8,170
- Dec 29, 2016 12:50am Dec 29, 2016 12:50am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Brent Crude Oil UKOIL is trying to break higher. Monthly, weekly and daily timeframes are in a clear uptrend with new demand levels being created and supply levels eliminated.
Daily demand at 5384 holding. New daily demand zone could be created if the highs at 57.47 are broken. There is another opportunity to go long at lower daily demand zone around 48 if price retraces down there. It does not seem very likely right now with current price action.
Cheers,
Alfonso
Crude Oil UK OIL supply and demand trading analysis blog
Daily demand at 5384 holding. New daily demand zone could be created if the highs at 57.47 are broken. There is another opportunity to go long at lower daily demand zone around 48 if price retraces down there. It does not seem very likely right now with current price action.
Cheers,
Alfonso
Crude Oil UK OIL supply and demand trading analysis blog
Set and Forget supply and demand trading community
- #8,171
- Dec 29, 2016 9:27am Dec 29, 2016 9:27am
- | Membership Revoked | Joined Aug 2015 | 1,243 Posts
{quote} You must read the rules my friend, there are very specific reasons to use them. I just can't repeat the same thing over and over
- #8,172
- Dec 30, 2016 2:35am Dec 30, 2016 2:35am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Strong daily demand level on USDNOK at 8.45. Looks like price is not retracing to the imbalance and will create a Daily bullish pin candle at the end of the day. Long bias with new daily and weekly demand levels being created in a bigger picture uptrend.
Cheers,
Alfonso
USDNOK supply and demand trading analysis blog
Cheers,
Alfonso
USDNOK supply and demand trading analysis blog
Set and Forget supply and demand trading community
- #8,173
- Dec 31, 2016 3:43am Dec 31, 2016 3:43am
- | Commercial User | Joined Aug 2011 | 3,559 Posts
Merry Xmas and a happy new year to everyone. Hope you are having a great holidays with your family and friends.
On holidays for a couple of weeks on Tenerife island, Canary Islands. I just wanted to share with you a photo I took last evening right at the sunset, view onto Teide volcano, I just can't explain how beautiful colors were, this photo has been taken with a drone, the photo is not retouched, it's been uploaded directly from the SD card.
As many of you know, I'm also a photographer, it's one of my biggest passions. I've created a new Instagram account for those who would like to see what I do, I am mostly shooting timelapse photography from the places I travel around the world, and now aerial photography. If you would like to know what I do, please follow me at https://www.instagram.com/letstimelapse/
I wish you all the best for the new year, don't hesitate to ask any questions you have, I will be glad to answer them.
Happy new year!
Alfonso
www.set-and-forget
On holidays for a couple of weeks on Tenerife island, Canary Islands. I just wanted to share with you a photo I took last evening right at the sunset, view onto Teide volcano, I just can't explain how beautiful colors were, this photo has been taken with a drone, the photo is not retouched, it's been uploaded directly from the SD card.
As many of you know, I'm also a photographer, it's one of my biggest passions. I've created a new Instagram account for those who would like to see what I do, I am mostly shooting timelapse photography from the places I travel around the world, and now aerial photography. If you would like to know what I do, please follow me at https://www.instagram.com/letstimelapse/
I wish you all the best for the new year, don't hesitate to ask any questions you have, I will be glad to answer them.
Happy new year!
Alfonso
www.set-and-forget
Set and Forget supply and demand trading community
