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Winston Reed replied Sep 4, 2013Hello Eiman, Supply and demand trading is gaining popularity. Historically the original PIE thread by Redsword is probably the first and IMHO the greatest. You can't go wrong starting from the beginning and reading forward. It is littered with ...
Price is Everything Chat Room
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Winston Reed replied Sep 2, 2013I don't have an oil chart so It's difficult to make a proper evaluation. Alfonso talks about validating levels. For example if price moves into a strong supply zone for the first time then a set and forget short trade may be possible. However, until ...
Supply and demand in a nutshell by Alfonso Moreno
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Winston Reed replied Sep 2, 2013Perhaps. But it is not what is being taught in this method. When price penetrates a supply level it will likely exhaust remaining sell orders. Market makers have to take these sell orders. However they are likely waiting at the next demand level to ...
Supply and demand in a nutshell by Alfonso Moreno
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Winston Reed replied Sep 1, 2013Understood
. One other thing I noticed on your chart is the stacking of H4 zones. It seems price is heading towards the more distal H4 zone located in the D1 zone. Seems your risk was minimal though. Good luck.
Supply and demand in a nutshell by Alfonso Moreno
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Winston Reed replied Sep 1, 2013Thin market right now with US Holiday tomorrow. Also the H4 zone is right below a pretty decent D1 zone. Not surprising price is seeking supply further up. I like to see a candle close before I enter a trade in any zone. Looks like your H4 candle ...
Supply and demand in a nutshell by Alfonso Moreno
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Winston Reed replied Aug 26, 2013Show me yours first, lmfao. Why such sarcasm suggesting you think you know more than you do? Do you really think anyone is going to run and retrieve the information you desire? You keep waiting right there! I'm sure somebody is working on your ...
james16 Chart Thread
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Winston Reed replied Aug 6, 2013image Nice to see the thread alive again. Nice charts everyone.
Price is everything
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Winston Reed replied Aug 4, 2013....less chat.... ....less chat about chatting.... ....more charts image
Price is everything
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Winston Reed replied Aug 3, 2013Hey Swede. Looks like we had a pretty good break out Friday with price breaking out towards the upper TL. The 1.3800 is right there near the TL so will be interesting to see what PA does. image
james16 Chart Thread
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Winston Reed replied Jul 30, 2013I Missed this one but I think it's worth a look. A h4 ascending wedge broke to the downside but the PA on the break wasn't enough. Looking at the H1 after the break price came back and tested the TL. It bounced off the TL with a large BEOEB. Pretty ...
james16 Chart Thread
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Winston Reed replied Jul 29, 2013Here is the bigger story IMHO. Price is forming an ascending wedge. The .8200 seems to be a PPZ and might be a decent place to look for PA. It's a good idea to start from the HTFs even as high as monthly but the weekly seems to do well and work your ...
james16 Chart Thread
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Winston Reed replied Jul 29, 2013As Mike has related much this summer, trading at this time of the year especially in FOREX can be frustratingly slow. Mike looks at many FOREX pairs and many more equities to find viable trades during the dog days of summer. What is important is not ...
james16 Chart Thread
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Winston Reed replied Jul 29, 2013Hey Lifz, Just my 2 cents here but this is what I think. The story is the most important and the stories can be multifaceted. The story can be a weekly, daily or H4 story. Sometimes even a H1 story but when learning it is best to stick to the higher ...
james16 Chart Thread
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Winston Reed replied Jul 28, 2013Nice charts Swede. Just shows that you can't trade solely on method nor on R:R. You need both.
james16 Chart Thread