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C-12's Supply, Demand and PA thread

  • #4,801
  • Edited 12:20pm Apr 28, 2017 11:55am | Edited 12:20pm
Really liking the EU only trading. It's miles more relaxing than monitoring a pile of stuff.

I want to journal some of this rather than just pure meaningless M5 charts.... It's good for my reference as well. I put these all in an Evernote every day.

H4 started the day with yellow box. A small engulf looked like it wanted to turn north... H4 / M15 upper supply being the obvious target.

M15 also confirmed the bullish start with M5 being used purely for the tighter entries.

Initial speculative shorts from the top were a bit edgy, took a small loss before PA came in. You never know if price wants to spike the high or even breakout. I don't mind taking small losses, as PA will always get you back in the right direction.

PA leads the way as always rather than guessing.
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  • #4,802
  • Apr 28, 2017 2:08pm Apr 28, 2017 2:08pm
Quoting C-12
Really liking the EU only trading. It's miles more relaxing than monitoring a pile of stuff. I want to journal some of this rather than just pure meaningless M5 charts.... It's good for my reference as well. I put these all in an Evernote every day. H4 started the day with yellow box. A small engulf looked like it wanted to turn north... H4 / M15 upper supply being the obvious target. M15 also confirmed the bullish start with M5 being used purely for the tighter entries. Initial speculative shorts from the top were a bit edgy, took a small loss...
Excellent trading C-12

keep posting live analysis. you have no idea(or maybe you do) how helpful your notes are.
  • #4,803
  • Apr 28, 2017 3:10pm Apr 28, 2017 3:10pm
Quoting Irad
{quote} Excellent trading C-12 keep posting live analysis. you have no idea(or maybe you do) how helpful your notes are.
Yes I think it will be more useful to people than just random entries on a chart.

Even scalp trading analysis starts at the daily / H4 and works all the way down.

Also been having a think about my prep for live account. Got a few ideas floating around (about rules / time frames and discipline mainly) which I'll be putting a plan together over the weekend.
  • #4,804
  • Apr 28, 2017 3:22pm Apr 28, 2017 3:22pm
Quoting C-12
{quote} Yes I think it will be more useful to people than just random entries on a chart. Even scalp trading analysis starts at the daily / H4 and works all the way down. Also been having a think about my prep for live account. Got a few ideas floating around (about rules / time frames and discipline mainly) which I'll be putting a plan together over the weekend.

Go for it C12... I wish you all the best... if i were you, i would have done it a long time ago... you are doing great... just continue what you are doing now... don't change much just because of live account....
  • #4,805
  • Apr 28, 2017 3:35pm Apr 28, 2017 3:35pm
Quoting C-12
{quote} Yes I think it will be more useful to people than just random entries on a chart. Even scalp trading analysis starts at the daily / H4 and works all the way down. Also been having a think about my prep for live account. Got a few ideas floating around (about rules / time frames and discipline mainly) which I'll be putting a plan together over the weekend.


Been following here for more then 2 years,
I am doing mostly 4H trading
if only I'd understand how you get most of your entries it'll be perfect!

great weeked
  • #4,806
  • Apr 28, 2017 5:22pm Apr 28, 2017 5:22pm
Cheers guys, It's a lot of screen time that helps but the proof will be when the account goes live. Will have to get to some serious discipline.

Also have to mention. There's a whole load of scammers on here showing million dollar 'live' accounts with dodgy bucketshop brokers . Just be careful not to part with any cash with any of these crooks.

I've no idea what is going on but if someone can make millions from averaging 80 pips per month then they really have no need to ask for investments... Something to think about.
  • #4,807
  • Apr 30, 2017 12:17pm Apr 30, 2017 12:17pm
hello c-12 i tried alot but
- Supdem_ii
- Chaos Semafor
these 2 indicators doesn't work . i tried in many brokers Mt4 but when i double click on indicators nothing did happen..any suggestion ?
  • #4,808
  • May 1, 2017 2:10pm May 1, 2017 2:10pm
Quoting C-12
Really liking the EU only trading. It's miles more relaxing than monitoring a pile of stuff. I want to journal some of this rather than just pure meaningless M5 charts.... It's good for my reference as well. I put these all in an Evernote every day. H4 started the day with yellow box. A small engulf looked like it wanted to turn north... H4 / M15 upper supply being the obvious target. M15 also confirmed the bullish start with M5 being used purely for the tighter entries. Initial speculative shorts from the top were a bit edgy, took a small loss...
Hello C-12.
Kudos man.

Question though. What do you mean when you talk about PA (price action) in this context? Are you referring to a particular candle stick setup at these zones? Will you please kindly show a representation of that on the chart? Been following your thread for a while and gradually I beginning to understand the bits of your methodology.

Thanks.
  • #4,809
  • May 1, 2017 2:42pm May 1, 2017 2:42pm
Well there's different types of PA (engulfings, pin bar rejections etc).

I mainly focus on PA as engulfing patterns across multiple time frames to give me a directional play. Not always zone trades.

If you look at GU you could see on H4 that this bearish engulfing was forming and looked good for a sell for entry highlighted in M30.

Of course the location (not trading into opposing zones) and monitoring higher TF are the key.
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  • #4,810
  • May 1, 2017 3:08pm May 1, 2017 3:08pm
Same thing on EU , although not worth bothering for scraps on a bank holiday.

Although this one you'd be trading directly into a H4 demand zone (although not a solid one).
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  • #4,811
  • May 1, 2017 3:11pm May 1, 2017 3:11pm
M5 view. I can see some opportunities to scalp this.
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  • #4,812
  • May 2, 2017 3:43am May 2, 2017 3:43am
Hi C-12, thank for keep it up, last post approach more to your mind, thanks. What trade do you do most: Recent or Past zones?
Newbie trader
  • #4,813
  • May 2, 2017 10:33am May 2, 2017 10:33am
Quoting fxpatterns
hello c-12 i tried alot but - Supdem_ii - Chaos Semafor these 2 indicators doesn't work . i tried in many brokers Mt4 but when i double click on indicators nothing did happen..any suggestion ?
plz answer i tested all versions but no one is working ...

2nd do u charge to teach ur method ?
  • #4,814
  • May 2, 2017 1:23pm May 2, 2017 1:23pm
Got a few late post work scalps. today looks like a bit of a scalp fest on EU.

Not sure we'll break the top tonight but sure looks like it will.
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  • #4,815
  • May 2, 2017 1:26pm May 2, 2017 1:26pm
Quoting fex
Hi C-12, thank for keep it up, last post approach more to your mind, thanks. What trade do you do most: Recent or Past zones?
All zones are good. I like the ones as they form. Only prob is you need to be watching price constantly (especially if scalping).
  • #4,816
  • May 2, 2017 1:47pm May 2, 2017 1:47pm
Alright, that will do for me
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  • #4,817
  • May 2, 2017 2:41pm May 2, 2017 2:41pm
Quoting fxpatterns
{quote} plz answer i tested all versions but no one is working ... 2nd do u charge to teach ur method ?
Sorry, really not very good at platform tech. I would guess you need to go to file > Open data folder > MQL4 > indicators

As for teaching, I wouldn't dream of charging for it. I look at Daily, H4 and H1 and then look at M30/M15 and M5 for PA and a lot of screentime.

I use the USDX and sometimes UCHF to get a heads up on direction.
  • #4,818
  • May 4, 2017 2:25pm May 4, 2017 2:25pm
EU review time. Unfortunately was working so didn't have change to catch any action.

Take a look at H4, notice the bearish start to the day where many traders will have been trying to get short just below the red line (S/R flip area) but into an area of demand.

Then watch M30 to see price engulf with fresh demand. Price didn't look back. This is the only PA you want to be watching for.

There was then another lunch time opportunity to get involved on the next engulf (this was a screaming buy for price to make a blast through the highs)

Finally another opportunity to add a few scalps pips but this late in the day stuff with limited expectations.
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  • #4,819
  • May 4, 2017 2:35pm May 4, 2017 2:35pm
GU, similar setup.

Notice the red line for S/R flip where the whole planet was attempting to get short.

I think in most cases you can ignore these lines unless you get solid PA confirmation.

Price looks like it's about to die (the woes of late night trading) so prob wont even get initial RR.
Attached Image (click to enlarge)
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  • #4,820
  • May 4, 2017 2:40pm May 4, 2017 2:40pm
So basically you want to look left for direction, constantly watching the higher TF and trade in the direction of the PA (otherwise called fresh demand formations). Stops can go behind the fresh zone.

Price sometimes will retest, sometimes it just goes...
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