Supply and Demand trading with Fibs | Page 85 | Forex Factory

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Supply and Demand trading with Fibs

  • #1,681
  • May 1, 2017 7:42am May 1, 2017 7:42am
Quoting sam69
hi dean & all, what do think everybody of this one? sell @ 4h supply {image}
It is infact a very good supply, but as I keep stressing, keep your eye on fundamentals too. USD is on the brink of major weakness.
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  • #1,682
  • May 1, 2017 7:54am May 1, 2017 7:54am
I'm seeing this supply zone as stronger, with high volume and resting on the 61% fib. There hasn't been sufficient reaction from this point in my view.

(Also a 125.000/113.000 Round number)
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  • #1,683
  • May 1, 2017 12:05pm May 1, 2017 12:05pm
Quoting deankenny21
This is a huge decision point for GBPUSD, bulls are very strong, weekly supply has been entered. {image}
While looking at EURNZD I noticed a similar supply zone one the weekly
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  • #1,684
  • May 1, 2017 12:48pm May 1, 2017 12:48pm
I am eying this one, but am not the best in trading continuation supply zones
The zone is the first black zone the price is going to meet

Update: it corresponds exactly with the 50% retrace, so maybe I'll take it
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  • #1,685
  • May 1, 2017 1:16pm May 1, 2017 1:16pm
Certainly found some sellers at weekly supply, but fundamentals could make them weak.

I'm sidelining this one personally, if in doubt, just avoid.
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  • #1,686
  • May 1, 2017 6:52pm May 1, 2017 6:52pm
Quoting sam69
hi dean & all, what do think everybody of this one? sell @ 4h supply {image}
Hi, Sam. I have the same Supply zone as yours. Let's hope we did the right decision.
  • #1,687
  • May 1, 2017 8:14pm May 1, 2017 8:14pm
Quoting sam69
hi dean & all, what do think everybody of this one? sell @ 4h supply {image}
Hi Guys my take on the AUD/USD like dean mention watch the news on the USD ifn you look at the AUD/USD its forming a Swap right at the supply i think it should go upward from here, but hey i might be wrong but that's how i see it
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  • #1,688
  • May 1, 2017 8:26pm May 1, 2017 8:26pm
Quoting cashforex
{quote} Hi Guys my take on the AUD/USD like dean mention watch the news on the USD ifn you look at the AUD/USD its forming a Swap right at the supply i think it should go upward from here, but hey i might be wrong but that's how i see it {image}
well, thanks again cashforex.
nice explanation. i feel excited to see what will happen for the next couple hours..
  • #1,689
  • May 1, 2017 11:53pm May 1, 2017 11:53pm
Quoting deankenny21
As we are in the weekend I feel like showing how my setup has changed from the very first year I started forex to my system now. I used to have a 4 monitor setup, but found myself never using more than 2 monitors, so I kept it simple, but powerful. First pic Is what I started trading forex on, as you can see with Oanda loaded up, and second is my workstation as it stands today. {image} {image}

Do you still use Oanda for some of your trades Dean ?

FlyLo
  • #1,690
  • May 2, 2017 12:00am May 2, 2017 12:00am
thanks guys for your opinion, my trade already kicked out, but it is comimg down now...
Money is made by sitting, not trading. Jesse L. Livermore
  • #1,691
  • May 2, 2017 12:11am May 2, 2017 12:11am
Quoting FlyingLotus
{quote} Do you still use Oanda for some of your trades Dean ? FlyLo
Dear lord, no. I use VantageFX and Pepperstone.
  • #1,692
  • May 2, 2017 12:43am May 2, 2017 12:43am
LOL I am just about to change to OANDA , what's wrong with them?
  • #1,693
  • May 2, 2017 11:03am May 2, 2017 11:03am
Quoting minosd
LOL I am just about to change to OANDA , what's wrong with them?
I honestly don't know much about them these days. All I know back when I was with them is that they were a "Market Maker" aka "Bucket Shop".
  • #1,694
  • May 2, 2017 6:36pm May 2, 2017 6:36pm
Hi Guys i use pepperstone ECN, they are really good but i pay commission to get a fix spread so i have found them pretty good
  • #1,695
  • May 2, 2017 6:56pm May 2, 2017 6:56pm
GBP/CAD set up looking out for this one
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  • #1,696
  • May 2, 2017 7:17pm May 2, 2017 7:17pm
Watching AUD/USD for long
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  • #1,697
  • May 2, 2017 8:11pm May 2, 2017 8:11pm
Long on the AUD/SGD
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  • #1,698
  • May 3, 2017 12:16am May 3, 2017 12:16am
Quoting deankenny21
Certainly found some sellers at weekly supply, but fundamentals could make them weak. I'm sidelining this one personally, if in doubt, just avoid. {image}
test of daily supply
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Money is made by sitting, not trading. Jesse L. Livermore
  • #1,699
  • May 3, 2017 12:18am May 3, 2017 12:18am
Quoting geerson
{quote} Hi, Sam. I have the same Supply zone as yours. Let's hope we did the right decision.
i was kicked out yesterday, but congrats if you are still in!
Money is made by sitting, not trading. Jesse L. Livermore
  • #1,700
  • May 3, 2017 12:21am May 3, 2017 12:21am
Quoting cashforex
Watching AUD/USD for long {image}
thanks cashforex, you should be in btw in your long...best of luck!
Money is made by sitting, not trading. Jesse L. Livermore
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