Supply and demand in a nutshell by Alfonso Moreno | Page 419 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #8,361
  • Mar 14, 2017 10:05am Mar 14, 2017 10:05am
Hello Alfonso, good day (EURNZD)

Monthly demand in control, played out nicely.

Attached Image (click to enlarge)
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Weekly, price fell short of hitting weekly area of demand within monthly demand zone, base not that good.
Created new area of demand at 4741 prior to trendline break. Waiting for supply zone to be take out to take a long on lower TF.

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Daily, new daily CP demand zone created at 5242, long at demand zone. Long bias.

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  • #8,362
  • Mar 15, 2017 10:23am Mar 15, 2017 10:23am
Guys, anybody applying this methodology to rangebar intraday trading?

Andres
  • #8,363
  • Mar 16, 2017 11:17pm Mar 16, 2017 11:17pm
GBP/JPY - Daily TF triggered the trade, exit will be next LVL.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 65 KB



Any thoughts???
  • #8,364
  • Mar 17, 2017 12:20am Mar 17, 2017 12:20am
Quoting Shuterdown
GBP/JPY - Daily TF triggered the trade, exit will be next LVL. {image} Any thoughts???



you are not likely to see tp in the interim as the key level holds firm @ 140.65 .... thanks
  • #8,365
  • Mar 17, 2017 4:17am Mar 17, 2017 4:17am
Quoting japfx
could the supply play out on GBPJPY ?..... THANKS {image}
Hello there, indicators can't be used in the thread, they are not allowed. I've requested a cleanup of your post. Please delete your post. We don't use those indicators. Rules don't allow those indicators. Cheers
Set and Forget supply and demand trading community
  • #8,366
  • Mar 17, 2017 7:56am Mar 17, 2017 7:56am
Quoting panoramia
{quote} Hello there, indicators can't be used in the thread, they are not allowed. I've requested a cleanup of your post. Please delete your post. We don't use those indicators. Rules don't allow those indicators. Cheers



with all due respect... I am not happy...... thanks
  • #8,367
  • Mar 17, 2017 10:49am Mar 17, 2017 10:49am
Quoting japfx
{quote} with all due respect... I am not happy...... thanks
Sorry to hear you are not happy. Rules are rules and must be obeyed you like it or not. If you want to post charts with indicators create your own thread or post it somewhere else, they are not allowed in this thread.

Regards,
Alfonso
Set and Forget supply and demand trading community
  • #8,368
  • Mar 17, 2017 12:36pm Mar 17, 2017 12:36pm
Hi guys,

Since stumbling upon Alfonso's set-and-forget thread in January, I've decided to finally study a single strategy and become consistent with it, especially now that I have some time after moving to Spain. So to Alfonso's point, I've began back testing in January using MT4 and the FX Blue Trading Simulator. It's free and quite good... allows you to backtest directly in MT4 using multiple timeframes and place trades, advance manually at different speeds etc. Not quite as smooth as ForexTester, but 90% of the features for free.

Now the question... is there a way for the rectangle reader (RR) to NOT color rectangles automatically? The way FX Blue Trading Simulator works is using offline charts for other timeframes, and while the RR works well, the price it takes into account for colors is the actual price of the instrument, not the backtesting price... so the colors are all wrong and after every change, they reset themselves.

Regardless, backtesting has been eye opening, and while I am still far from truly getting it, I can already see the potential and I very much appreciate Alfonso's meticulous work on fine tuning SD approach and most importantly sharing it with the community. Not many people out there are like him.

Thank you
Cheers.
  • #8,369
  • Mar 17, 2017 7:15pm Mar 17, 2017 7:15pm
Update on my GBP/JPY trade:

TP was not hit but banked 80 pips when my SL was hit.
Following S/D has increased my live trading acct. 37% the last 2 weeks!!!

Thank you to Alfonso...I will be looking into your paid training to fine tune my strategy. Your free content is invaluable.

Shuterdown
  • #8,371
  • Mar 18, 2017 2:08am Mar 18, 2017 2:08am
Quoting kankan
Hi guys, Since stumbling upon Alfonso's set-and-forget thread in January, I've decided to finally study a single strategy and become consistent with it, especially now that I have some time after moving to Spain. So to Alfonso's point, I've began back testing in January using MT4 and the FX Blue Trading Simulator. It's free and quite good... allows you to backtest directly in MT4 using multiple timeframes and place trades, advance manually at different speeds etc. Not quite as smooth as ForexTester, but 90% of the features for free. Now the question......
Thanks for your email, glad to hear you are fully committed. Regarding the extension of rectangles, its functions can be found at https://www.forexfactory.com/showthread.php?p=6944256 I don't think the rectangle can be unfilled, I believe that function is not built because I don't want them to be unfilled. Remember I built the indicators for my personal use, if I had to add every suggestion I have received in private I would have to hire a developer full time

There are more functions added to the indicator but I can't edit that post any more.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,372
  • Mar 21, 2017 2:28am Mar 21, 2017 2:28am
New weekly demand level being formed on Adobe US Stock. Clear bigger picture long bias. longs around 121. Adobe US Stock has been making all time highs and new bullish continuation patterns creating weekly, daily and monthly demand levels

Cheers,
Alfonso

Attached Image (click to enlarge)
Click to Enlarge Name: adobe_weekly_demand_level.png Size: 53 KB


Check out my supply and demand trading analysis blog
Set and Forget supply and demand trading community
  • #8,373
  • Mar 22, 2017 6:06am Mar 22, 2017 6:06am
Hi everyone. I'm new here. Have seen some videos about S/D and i'm trying to learn more about it here in the forum.
Hope i can learn from you and make my trading more profitable.
Will start reading the thread little by little and i will try to post here some of my S/D levels for you to give an opinion if you want to.
Good trades everyone.
  • #8,374
  • Mar 22, 2017 12:18pm Mar 22, 2017 12:18pm
hello alfonso,
is my entry upper entry was correct which got stopped ut
can i taken the long on lower level which is nested with weekly
thanx
Attached Image(s) (click to enlarge)
Click to Enlarge Name: daily bel.png Size: 83 KB
Click to Enlarge Name: monthly bel.png Size: 49 KB
Click to Enlarge Name: weekly bel.png Size: 58 KB
  • #8,375
  • Mar 23, 2017 2:23am Mar 23, 2017 2:23am
Quoting Meisterman
Hi everyone. I'm new here. Have seen some videos about S/D and i'm trying to learn more about it here in the forum. Hope i can learn from you and make my trading more profitable. Will start reading the thread little by little and i will try to post here some of my S/D levels for you to give an opinion if you want to. Good trades everyone.
Welcome to the thread Meisterman. Have a nice week!
Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,376
  • Mar 23, 2017 4:14am Mar 23, 2017 4:14am
Hi Alfonso. Saw your videos and read your ebook. I want to thank you for the great work you have done. I have been trading since 2011 but not in a profitable way. I hope that with supply and demand i can achieve my goals. Hope to learn from you what lacks in my experience. I am following you on twitter, Google+ and youtube. Looking forward to trade with this new mindset. Cheers from Portugal.
  • #8,377
  • Mar 23, 2017 12:48pm Mar 23, 2017 12:48pm
Quoting shashank0949
hello alfonso, is my entry upper entry was correct which got stopped ut can i taken the long on lower level which is nested with weekly thanx {image} {image} {image}

Hi shashank... it seems great entry


cheers.. Deepak Gala
  • #8,378
  • Mar 24, 2017 1:43am Mar 24, 2017 1:43am
Quoting Meisterman
Hi Alfonso. Saw your videos and read your ebook. I want to thank you for the great work you have done. I have been trading since 2011 but not in a profitable way. I hope that with supply and demand i can achieve my goals. Hope to learn from you what lacks in my experience. I am following you on twitter, Google+ and youtube. Looking forward to trade with this new mindset. Cheers from Portugal.
Thanks for your email and welcome to the thread. Have a nice day and weekend.
Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,379
  • Mar 24, 2017 2:02am Mar 24, 2017 2:02am
Clear monthly uptrend on Yahoo. Yahoo US Stock has been eliminated monthly and weekly supply zones since it started to rally from 27. Long term bias is bullish. Buy at monthly weekly and daily demand levels. Nice monthly demand zone at 41.19. There is a lot of room to reach opposing monthly supply around 49

Attached Image (click to enlarge)
Click to Enlarge Name: yahoo_monthly_demand_level.png Size: 71 KB


Have a nice weekend!
Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,380
  • Mar 27, 2017 4:15am Mar 27, 2017 4:15am
AUD/CHF

Dear alfonso, would this have been a valid trade? Is there anything going against this setup? Do let me know thank you
Here are the charts.

Ofcouse trade would be planted at Daily DZ within Weekly DZ

Monthly: Uptrend.
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Weekly: Price @ DZ.
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Daily: Price @ DZ nested within WK DZ.
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