Supply and demand in a nutshell by Alfonso Moreno

Quoting aniskazi

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Hello this is my first time posting here and I have been trying to learn supply and demand trading for some days now and I have read the e-book and now will start to watch the videos as well and wanted to post chart to get your opinions about the zones. I have attached a multiple time frame analysis so please have a look. {image} {image} {image}

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Quoting naelsalab

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Have been away for a while so Happy Newyear to all the forum! And for sure a Big Happy Newyear to Alfonso! The nicest trading Guru I have ever seen. Thank you very much for the advise on using Forex Tester you saved me from me :-). I got version 3 on a Newyear discount and have been working on it, got to say when I see the YouTube videos it seems so easy and straight I go to do the testing then I come back watch the videos again and again it's for sure not as easy as it looks! While doing the testing I started looking at the markets I want to trade...

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Quoting panoramia

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{quote} Good plan, but I think you want to trade the whole world Good luck. Have a nice weekend, Alfonso

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Quoting panoramia

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{quote} Longs at bigger timeframes area of demand, you are doing great. Cheers, Alfonso

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Quoting aniskazi

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{quote} Hello, Alfonso and thanks for the reply. I was just watching your video and I wanted to ask that if we have a supply level and price comes back to that level consolidates and than again breaks to the downside would that zone be considered as a newer supply zone as well? Wouldn't it just be considered as a retest of the previous zone rather than being called a new zone? I have attached a pic from one of your videos hat is the red zone within the green zone isn't it just a retest of the green zone? {image}

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Quoting naelsalab

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{quote} Alfonso you are 100% correct as all times I don't want to trade the whole world I am not sure and I don't know what to trade, too many markets too many brokers in each broker too many account types and platforms. If you were a beginner like me which market would you start with and which broker? Thanks have a great weekend too! Nael

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Quoting heispark

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{quote} Sam Seiden's theory is based on Bank orders imbalanced. Now participation ratio from banking sectors in FX market shrank quite a lot, and algorithm based flash traders and hedge funds are replacing them instead. Supply/demand theory may not work very well nowadays compared to several years ago. Market changes all the time. Read Bloomberg report (do Google search). EDIT: This is the Bloomberg report.

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Quoting Vsm

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The rule says that break of Ascending trend line + removal of one demand zone confirms the down trend.

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Quoting Vsm

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Hi Alfonso & other senior members Attached please find USDCAD Monthly chart 20 EMA is working against short bias on Monthly chart. How to deal with this? {image}

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Quoting panoramia

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{quote} Long bias at new daily demand zones on USDCAD my friend. Big picture is bullish! Cheers, Alfonso

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Quoting John.

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{quote} My friend, can you explain why?

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Quoting panoramia

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{quote} Why? Rules say that Not a single Monthly demand taken out. Most people will see red candles and they just want to sell. Cheers, Alfonso

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Quoting John.

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{quote} What about MN demand #2? It was valid and was taken out. USDCADMonthly2.png;2178303 {image}

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