C-12's Supply, Demand and PA thread

And another. Level within a level..

UCAD daily downtrend. Nice looking H4 level and a nested H1 with a 15 pip stop.

Now this already had run 90 odd pips but the entry could have had now you on-board a daily trend.

All this is really making me have a rethink on limit orders....

...

GU

C-
is your entry based on the break of a certain candle or anything or are you just basically looking to see some sort of weakness? Talking about that short, specifically.

This was actually quite an easy one.

If you look at H4 the area in the circle was toasted and there was no demand until H4 target below. I just wanted some rollover PA to get a stop behind.

I was that confident in this one I took one before bed and then got a second entry when I got to the screen.

Also the daily PA. I didn't see anyway price would even try to retrace the FOMC move at all.

Now we are at a H4 zone here but look at the daily. It's definitely not one I would jump into (not saying it wont work) but I'd rather see what PA unfolds tomorrow.

This zone is a retest and I get a feeling we could see this entire area get taken out quite quickly if price makes a decisive move down.

A few niggly losses but mostly good.

Had enough ...

Not much more to say about this one really, will take a slice off here and possibly even a fresh H4 trend for the week..

Would like to sell pullbacks unless H4 tells otherwise.

* Just had a quick scan around the majors. It's looks like Christmas day for SD intraday day zone traders, specifically NU!

I noticed someone on Simon's thread asking about SR in relation to SD.

You see these SR flip levels on a higher timeframe and intraday. Some traders play these exclusively without even knowing SD exists...

I don't usually draw them in since I can always eyeball them. having all the lines on can lead to messy charts. You have to be aware of these flips and the PA at these areas. Breaks of these levels with engulfing PA can give nice continuation entries (if H4 supports the direction).

Same with trendlines. I used to hate them since they are very discretionary but those big standout ones are usually areas of interest (breaks and retests etc).

If you do trade SR breaks you have to be aware you're chasing a move that's previously started. 90% of the origins of move come directly off an SD zone.

This one had the lot, SR, trendline retest and a zone...

Engulfing entry.

EU. Looks like a good scalping day in both directions but trend was clearly down. Did cut my overnight short as thought we might get a bigger retracement.

GU was the performer of the day. Would see the zones above would be areas of interest to rejoin.

Hi C-12,
Do you use defalt settings for IISupDem indi? if not, can you share your settings please?

Thanks

Yes, using Supdem II with default settings with weak zones on.

Which is better than that?