no problem i even created my own thread, thanks to Rocky, for lower timeframe users too.

Extracted Thread (per thread starter's request)

traders already eyeing out the zones and noticing possible trades a nice cable short a second ago [23:35:54] Andrew Sym: GU at supply ...already fell abt 5 pips or so [23:36:19] Dean Guile: are u in Andrew [23:36:26] Andrew Sym: nope...just ...

Supply and Demand trading with Fibs

you got it!!!!!! thumbs up

Supply and Demand trading with Fibs

no problem Jay stick around ask as many questions as you want, i used to suffer from ADHD in school so craved attention, so i love the attention, hence me enjoying showing you guys, you guys dont mind as we are all winners

Supply and Demand trading with Fibs

nice eyeing there, only thing i would say is your supply on eurusd is found all the way to the left of the chart, if you look at stall and major drop, the drop you shown as supply wouldve been the trade i entered, look to the left, it wont take long ...

Supply and Demand trading with Fibs

i actually went short at 79, at the top of that latest spike on price, as there is a very small supply zone slightly to the left, in this quiet market, is enough to warranty a trade and half out for 6.8 pips stop at Breakeven now. So whatever ...

Supply and Demand trading with Fibs

i do apologise even i make mistakes, here is the corrected chart original supply found even further in history, i know its fresh because before it i see price coming down with nothing formed yet until here it stalls then shoots down like a bomb ...

Supply and Demand trading with Fibs

correct, more times it touches that level on eurjpy the more sell orders have been filled so there will be less sells waiting there next time, creating more chance of it breaking through, look down too you can see fresh demand working perfectly too ...

Supply and Demand trading with Fibs

here we go as you can see zone was found from earlier, quite clearly just before it, so not a fresh zone no more, but none the less if we saw this earlier and did that fib retrace, you see 61.8 falls lovely into that zone, and you would have shorted ...

Supply and Demand trading with Fibs

nice spot, but next touch if it gets there will be second touch, look to the left slightly you see this is already an area from a bit earlier, so next touch wil be second touch. ill post my chart of this pair up with my zone to show you

Supply and Demand trading with Fibs

not a zone fro me, as price did not leave this zone violently enough for me to eye it as a zone, i need to have a clear eye of price moving away from a zone rapidly for it to qualify.

Supply and Demand trading with Fibs

now let me tell why i DO NOT USE SUPPORT AND RESISTENCE see chart below see the first 3 bounces, ppl would call this support, NO biggest mistake in trading this isnt support its demand, now look on the 4th touch price broke through!! ppl looking at ...

Supply and Demand trading with Fibs

one we discussing in the room, a new supply formed on the usdcad, so lets do a fib on this one too so i did a fib study of latest move, and well worked out exactly as i planned, 76.4 was the retrace that landed in the zone and price bounced off it ...

Supply and Demand trading with Fibs

also a nice move off the supply zone on the same pair, for you guys that trade pins, this is what causes the pins, now you can get in before the pin forms. image Uploaded with ImageShack.us

Supply and Demand trading with Fibs

a lesson im teaching as we speak, this usd cad 5 min demand zone was good for 3 touches, 100's of pips made here on 3 touches, first touch went for nearly 90 pips!!! with a 20 pips Stop loss, now that good enough risk reward for you. Each time it ...

Supply and Demand trading with Fibs

not bad, what we want to see is a surge of red bars out the area, the first one had a small green bar quite soon, so i would be weary, also the bottom of a supply zone is taken from the "BODY" of the last green candle and the top of the zone is the ...

Supply and Demand trading with Fibs

one of our traders just took this and got around 20 pips out of this zone image Uploaded with ImageShack.us

Supply and Demand trading with Fibs

The zones cause the bounces thats what we are looking for, if you adapt it properly, its all play sailing from there, as seen already i dont show pretty hindsight charts showing what i did yesterday, i show my zones hours before price reaches it, ...

Supply and Demand trading with Fibs

first zone bounced and got profit, now breached but reached another demand zone. remember this is the 2nd touch of the zone, so % of win gets less BUT a trader in my room took this and made some more VERY EASY PIPS!!!!! This zone was marked out ...

Supply and Demand trading with Fibs

once a zone gets breached delete that zone as its no longer valid, this keeps your charts clean, and only shows you clean profitable areas

Supply and Demand trading with Fibs