Thank you for the help ajentha

Supply and demand in a nutshell by Alfonso Moreno

Thank you Alfonso - I really appreciate your help. Have a great day. Trader555

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso and fellow traders, A question - would you say my assessment of the NZDUSD monthly trend is correct according to the rules? Here's my thinking: - 1. There are two obvious recent valleys. 2. Valley 1 took out the high at A. 3. Valley 2 ...

Supply and demand in a nutshell by Alfonso Moreno

GN - closed for 84 pips profit. Here's my thinking - following on from Sonic's insight regarding the weekly down trend and the possible H&S bearish formation on the weekly TF also, I still felt that the trade had some upside potential, so I decided ...

Sonic R. System

Thanks Sonic. I'm noticing a possible bearish head and shoulders pattern on the weekly TF too. May re-evaluate this one

Sonic R. System

GBPNZD Long (Posting this during my break at work) Weekly - noticed a slight push up in vol as prices sold off suggesting buying interest accumulating in the market (see green trendline in vol pane) image Daily - at possible support area (blue ...

Sonic R. System

Hi Psych0F0x, Thank you for replying. I did a very silly thing. I deleted my post as I spotted the 2:1 rule not being satisfied just now and then I just realised you posted a response. Sorry about that. I should not have deleted it. For the purposes ...

Supply and demand in a nutshell by Alfonso Moreno

This helps immensely jsr. Thank you for the visual - much easier to get my head around.

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, This is the answer I was looking for. Thank you very much. And just to clarify, say for example the supply does not make a lower low, and then demand takes it out, does this still count as demand? Please excuse my simple drawing... ...

Supply and demand in a nutshell by Alfonso Moreno

Hi everyone, Perhaps Alfonso or someone wouldn't mind answering a very basic question, which has been bugging me when learning the rules... If a new area of demand takes out an area of supply, but the area of supply is not a valid area of supply, is ...

Supply and demand in a nutshell by Alfonso Moreno

Hi Masterrmind. May I ask which broker do you use? Thanks

As simple as possible: 00 level trading

EURJPY - closed early for 128 (or 12.8?) pips gain based on sluggish upward movement and whipsaw. Will reassess later. image

Sonic R. System

Hi Sonicers, First of all, thank you to Prof TAH, Sonic and other contributors to this fine thread. Here's my first post. Feedback would be appreciated. EURJPY - Long I should've posted my charts earlier but couldn't find the time due to work ...

Sonic R. System