Supply and demand in a nutshell by Alfonso Moreno | Page 425 | Forex Factory

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Supply and demand in a nutshell by Alfonso Moreno

  • #8,481
  • May 4, 2017 5:27pm May 4, 2017 5:27pm
Quoting jamaa
Hi Alfonso, The typical Wall Street traders are rapidly being replaced by "quants" -- soft-spoken super nerds armed with high-tech software to help them beat the market. Such quants will typically run about 35,000 different trading strategies through software designed to find a handful of trading ideas with a high statistical probability of making them money. Recent empirical data has shown that this phenomenon accounts for missed trades by many SD traders. It is therefore imperative that real time trend analysis is a sine qua non for SD traders...
Plan to mitigate that challenge? No plan! I am just executing my trading plan, not taking into account anything else but my trading plan and rules. I don't read about Wall Street, news, or any other traders, I don't care about them, only about my trading plan and rules set.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,482
  • May 8, 2017 12:51pm May 8, 2017 12:51pm
Forex pair eurjpy is rallying from higher timeframe demand levels so is creating new demand imbalances for more potential longs. In an uptrend supply is removed and demand is respected, long bias on eurjpy!

Attached Image (click to enlarge)
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Supply and demand trading strategy and analysis
Set and Forget supply and demand trading community
  • #8,483
  • May 9, 2017 10:10pm May 9, 2017 10:10pm
Quoting panoramia
Planning both a Short and a Long on GBPUSD H4 levels. LONG: Original and fresh H4 level right at fresh D1 demand speedbump. There is a H4 demand level right underneath. Level on top of level. My entry could fail and the lower level might be the one that works. We can wait for confirmation on the area, a brand new demand level formed that proves there are willing buyers in the area SHORT: Fresh and original supply area. My short has been sitting there for some time. Last pullback almost made it to the D1 proximal line. H4 level has 36 pips risk,...
PAGE 14 (LAST POST)

Hello Alfonso, i have a question, why is 54820 on the daily chart is a speedbump Supply Zone? It did not break any demand. But on the H4 yes, it break previous demand. Am i missing something?

Thank you

Omar
  • #8,484
  • May 10, 2017 12:12am May 10, 2017 12:12am
Quoting omarr
{quote} PAGE 14 (LAST POST) Hello Alfonso, i have a question, why is 54820 on the daily chart is a speedbump Supply Zone? It did not break any demand. But on the H4 yes, it break previous demand. Am i missing something? Thank you Omar
It is a peak, not a pause and it did break demand on the left. Please study the chart in detail. Cheers, Alfonso
Set and Forget supply and demand trading community
  • #8,485
  • May 10, 2017 5:33am May 10, 2017 5:33am
Quoting panoramia
{quote} It is a peak, not a pause and it did break demand on the left. Please study the chart in detail. Cheers, Alfonso
Here i attached the screenshot, i mean the one i circle.

Thank you

Omar
Attached Image (click to enlarge)
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  • #8,486
  • May 11, 2017 2:14am May 11, 2017 2:14am
Quoting omarr
{quote} Here i attached the screenshot, i mean the one i circle. Thank you Omar {image}
Omar, that one is a potential supply, the trade was planned on H4 (dotted lines are inside that daily imbalance). I used to draw potential imbalances before, now I no longer draw them to avoid confusion. I had several losses in the past for drawing the ones that were forming not yet formed.

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,487
  • May 11, 2017 8:12am May 11, 2017 8:12am
Quoting panoramia
{quote} Omar, that one is a potential supply, the trade was planned on H4 (dotted lines are inside that daily imbalance). I used to draw potential imbalances before, now I no longer draw them to avoid confusion. I had several losses in the past for drawing the ones that were forming not yet formed. Cheers, Alfonso
Ahh i see, okay got it. I just eager to know. I'm reading all of the comment in the thread to better my understanding. Thank you Alfonso, thank you so much, you're the best

Regards

Omar
  • #8,488
  • May 11, 2017 12:10pm May 11, 2017 12:10pm
Quoting omarr
{quote} Here i attached the screenshot, i mean the one i circle. Thank you Omar {image}
Hi Everyone
Where do I get the supply & demand indicator as displayed in this screen? Please assist.
Thanks
  • #8,489
  • May 11, 2017 2:14pm May 11, 2017 2:14pm
Quoting ntshanel
{quote} Hi Everyone Where do I get the supply & demand indicator as displayed in this screen? Please assist. Thanks
Download the indicators by filling in the form in the right sidebar at http://www.set-and-forget.com/supply...nd-indicators/

Cheers,
Alfonso
Set and Forget supply and demand trading community
  • #8,490
  • May 13, 2017 2:51am May 13, 2017 2:51am
Quoting Hyena
{quote} There's not supply zone AS PER THE RULES {image} Rules say PRICE NEED CONSOLIDATE AWAY BEFORE the level DECLARED supply or demand area {image} PLEASE DRAW THE ZONE MANUALLY, DOWNLOAD EBOOK SD ALFONSO ON POST 1, READ IT AND WATCH VIDEO ON YOUTUBE OVER AND OVER. Cheers.
hello guys...

this's my chart...
Attached Image (click to enlarge)
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CMIIW
Thanks & Regads,
sonigl
  • #8,491
  • May 13, 2017 10:59am May 13, 2017 10:59am
Hi sonigl, let me explain to you..
Here's your chart :
Attached Image (click to enlarge)
Click to Enlarge Name: Capture1.PNG Size: 170 KB

Point no.1 it's not daily trendline, it's weekly trendline
Point no.2 the 2nd leg needs make HH than H on the 1st leg to connect 2 valley

See my chart :
Weekly
Attached Image (click to enlarge)
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Daily
Attached Image (click to enlarge)
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Hopefully it help
Cheers.
  • #8,492
  • May 14, 2017 9:54pm May 14, 2017 9:54pm
What abouth this shorts on h4 eurgbp?
Attached Image(s) (click to enlarge)
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passion and discipline
  • #8,493
  • May 15, 2017 7:24am May 15, 2017 7:24am
Quoting rohule
What abouth this shorts on h4 eurgbp? {image} {image} {image}
Hey rohule,
The 4h level is a pivot. We're low on the weekly curve, sideways trend. Therefore no trade!

Cheers!
  • #8,494
  • May 15, 2017 8:58am May 15, 2017 8:58am
Quoting jamaa
{quote} Hey rohule, The 4h level is a pivot. We're low on the weekly curve, sideways trend. Therefore no trade! Cheers!
thanks jamma
passion and discipline
  • #8,495
  • May 15, 2017 12:29pm May 15, 2017 12:29pm
Hi Mr Alfonso and mates,

i saw your eurnok set up, weekly is up but that speebump is good for longs?

thank you and have a good one.
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passion and discipline
  • #8,496
  • May 15, 2017 2:19pm May 15, 2017 2:19pm
Hi Alfonso, could you please explain why that area is demand? I can't see what has it accomplished.
Thanks
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  • #8,497
  • May 16, 2017 7:03am May 16, 2017 7:03am
Afternoon all, I am currently demo testing the strategy and have a few questions regarding TL breaks creating zones and confirmation entries.

1: Does a S/D zone created by a TL break need to have a 2:1 move away to be validated?

2: If a new LTF supply zone created by a TL break is a result of price reacting to an original LTF supply zone which is nested or near HTF supply, is the new LTF supply zone valid for shorts? - see cable example on charts below

3: When price reaches HTF supply for the first time, is it preferable to identify original LTF supply zones and set and forget shorts? Or in the absence of original zones, is it preferable to wait patiently for a LTF confirmation set up or simply move on to other markets?

4: When price reaches HTF supply for the second or third time, HTF supply is getting weaker. Here, is it preferable to wait for a LTF confirmation set up to short or move on to other markets?

*For question 2 I ask this because cable is at fresh monthly supply and fresh weekly supply. Price rallied and reacted to a nested daily supply zone (inside HTF supply) and the subsequent daily TL break created a new daily supply zone (a level on top of level scenario) - see charts.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP USD 16.5.17.jpg Size: 119 KB
  • #8,498
  • May 16, 2017 10:09pm May 16, 2017 10:09pm
Quoting rohule
What abouth this shorts on h4 eurgbp? {image} {image} {image}
hello rohule,on your EURGBP swing trading configuration,SHORT BIAS for now why?because weekly is DOWNTREND!
where you can put sell limit order?your top down analysis will tell you..
sorry i'am not swing trader,i'am position trader/longterm trader but i can help you to show or clear your chart, see below!
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Make sense rohule, hopefully it help you..
Cheers!
  • #8,499
  • May 16, 2017 11:10pm May 16, 2017 11:10pm
Quoting rohule
Hi Mr Alfonso and mates, i saw your eurnok set up, weekly is up but that speebump is good for longs? thank you and have a good one. {image}
Rohule, where your chart weekly on EURNOK??ok no problem i can help you.. see chart below :
Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: Capture5.PNG Size: 66 KB

As you can see, Weekly is UPTREND and now weekly SZ is in control, so my question is, are we allowed to go long on daily DZ IF WEEKLY SZ IS IN CONTROL???
OF COURSE NOT!!! RULE SAYS THAT,WEEKLY SZ NOW IS IN CONTROL THAT'S MEAN NOW YOU'R HIGH IN THE CURVE!
Weekly is uptrend ok no problem, BUT YOU CAN'T ASSUME OR PREDICT WEEKLY SZ WILL BROKEN, YOU'R NOT A MARKET NOBODY MARKET! IF MARKET SHOW YOU,OK YOU CAN GO LONG RIGHT NOW,SO YOU CAN GO LONG,IF NOT,YOU CAN WAIT,JUST WAIT..
REMEMBER ROHULE TRADING IS ALL ABOUT PROBABILIIES, TRADING IS A GAME NUMBER, IT'S SIMPLE BUT NOT EASY!!!
Daily
Attached Image (click to enlarge)
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Cheers!
  • #8,500
  • May 16, 2017 11:28pm May 16, 2017 11:28pm
Quoting Nightrider45
Hi Alfonso, could you please explain why that area is demand? I can't see what has it accomplished. Thanks {image}
Hello Nightrider45, maybe Alfonso is busy, so let me help you..
See chart below :
Attached Image (click to enlarge)
Click to Enlarge Name: Capture8.PNG Size: 610 KB

After price rallying make HH previous H and remove opposing SZ on the left, DZ inherit has been complete form..
Make sense to you Nightrider45
Cheers!
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