I have spent part of the day watching Sam Seiden videos of past webinars. I have come to realize that some of my levels are not the best levels to trade off of. From my understanding at this point he takes the Rally Base Drop and the Drop Base Rally ...

Supply and Demand Journal

Discipline — I just glanced at the charts and trade 3 would have hit my take profit. That would have given me +80 instead of +40. If only I had the discipline to hold it. Next week my goal is to stick with the plan 100%. My rules are simple. ...

Supply and Demand Journal

Week 1 — It is the end of week 1. I only had 2 days of trading this week. Ended the week at +63 Took 3 trades, 2 wins 1 loss. Win % 66.66 Average win was 37.5 Average loss 12 pips That puts my reward/risk at 3.125/1 I hope you guys have a nice ...

Supply and Demand Journal

Trade 3 triggered. EDIT: Trade 3 closed manually +40. Closed manually due to the fact that it is Friday and I am ready to start my weekend. Wanted this trade off of my mind.

Supply and Demand Journal

Trade 3 — Here is trade 3 setup. image I had to go to a 30 minute chart to find a supply zone, will attach that chart as well. Short at 1.3600, 21 pip stop, take profit 1.3518. Better than 3:1 risk reward. Let's see how she goes.

Supply and Demand Journal

Current Supply and Demand lines — Here are the current demand and supply lines, neither of which is worth a trade imo. It would be a 9 pip risk for an 18 pip gain. 2:1 reward/risk. I am looking for better than 3:1 so I will keep watching for ...

Supply and Demand Journal

Trade 2 Update — Trade 2 hit my stop loss last night for -12. Day 1 trading ended at +23 image It is interesting to note that price bounced right at my line, I missed the turn by 1 pip. It also missed my take profit by 1 pip, if I had been ...

Supply and Demand Journal

Trade 2 triggered image Looks scary long bull candles right into my level. Anyway what has me concerned is the small level that formed on the way up with that 2 candle consolidation. Anyway I have yet to decide what to do in cases such as these ...

Supply and Demand Journal

Trade 1 is still in and going nowhere at the moment, I am leaving it in until take profit or stop loss is hit. Trying to take the human element out of the trade after it is entered, am letting my stop loss and take profit do their jobs. If trade one ...

Supply and Demand Journal

When I placed the order that was my first target, others were made on the way down to my order. Learned a valuable leson on that one, if you are going counter trend keep an eye on new levels being made. I could have taken 30 pips at first level, if ...

B.S. Trading with Kenneth Lee

Hello all, first post on here. I have been reading this thread for about 2 weeks, and reading some of Sam Seiden's articles. Took the buy off of the demand area on eur/usd was expecting it to go to supply area marked on chart, never made it but i ...

B.S. Trading with Kenneth Lee

Thanks — Thank you so very much for sharing your system Survivor. I was looking for something drop dead simple and I believe I have found it. I started trading this method yesterday I made 3 trades all 3 were winners. Beginners luck? I do not ...

Price action momentum trading

Ok, I was not going to ask but after reading almost 200 pages still have not came across the meaning of this. What does BRN stand for?

james16 Chart Thread

Cool thanks, one more question then I will quit pestering you and go back to reading the thread, only 6800 pages to go . Do you move stop to breakeven after your first target? Or do you just let it all ride to your targets?

james16 Chart Thread

So I was correct about your stop losses on the daily tf being 25-35 pips?

james16 Chart Thread

In this case where there are 2 areas really close together which one would your order be on? The .4042 area or the .4072 area? I was looking at this trade trying to decide how I would play it.

james16 Chart Thread

The targets I understand, they are the highs of the bars and also can be the next level. What I do not understand however is the stop loss, I saw mention of 25-35 pips stop loss. I am looking to trade this off of the daily close, 25-35 pip stop loss ...

james16 Chart Thread

Weekly Eur/Usd — If I am not mistaken the chart attached shows the weekly HCR/LCS that you would be looking at. Just trying to make sure I understand, any corrections or comments are welcome. image

james16 Chart Thread

New here — Hey guys, I am new to this thread. I have read a bit in the past and kind of understand the price action taught here. I have taken a keen interest in Jaroo's style of trading I have read the last couple of days where he was talking ...

james16 Chart Thread