good, but now watch the magic really hit you hard, its ok doing the extremes but remember, as long as its a swing low or high you can use it as a fib point, now look at chart 1 38.2 from this fib runs smack bang on your levels you marked, now even ...

Supply and Demand trading with Fibs

not bad rally base rally here, only one bar wide, but of course these will work, but they are not as strong as the ones mentioned earlier. Also try plotting a fibs, sometimes you will be pleasently surprised when fib levels fall perfectly in line ...

Supply and Demand trading with Fibs

This was one of my recent trades from this post url notice the sideways action, for a few bars nothing major lots of fighting going on, pins up and down then finally the bears pushed and quite hard when they won, so selling here was a no brainer ...

Supply and Demand trading with Fibs

Basically what we want to see is sideways price action, but not to a point of extreme consolidation, around 3 or 4 bars is the best to look for and then the shoot out from the area. SL and SH are only 1-2 bars but remember to always look left, that ...

Supply and Demand trading with Fibs

Here to show people an example of how to try and get the most out of each trade, i took this trade at the BUOB off the 365 ema highlighted in blue, i always move my sl to BE always at the FTA then each time it breaks the next area i move stop loss ...

james16 Chart Thread

its not confirmed support yet, well for me, i need to have a candle close with a rejection of the level we have had the PBT and CA happen now im waiting for my rule of retrace and rejection, like Jim does. As you can see from my updated chart below ...

james16 Chart Thread

Welcome, stick to it, and be patient and it will come to you over time, ive had a look at what your trading, im going to look at the reaction of the 4 hr candle at the bottom red line i have which is the highest resistence now maybe turned support, ...

james16 Chart Thread

my aplogies in my post i have said, unless your counting it as a 2day.

james16 Chart Thread

that is not a BUOB Bullish Outside Bar aka BUOB The second bar engulfs the first bars High/Low range ( in your pircure it did not engulf the lows of the previous bar) unless of course your counting it as a 2day bar. Which in that case its fine.

james16 Chart Thread

again we got to be careful, because if u notice my top red line is the highest point of resistence, next red line down is the highest close of resistence, price may have created a pinbar but also has rejected at the new support which was the ...

james16 Chart Thread

Agreed, learn to trade, or walk away while you still can.

What do you think about this martingale strategy?

You have to be very careful here you just commited the first and most popular rookie mistake of supply and demand, what you marked is a swing low and is NOT a demand area, for an area to be vaild we need conolidation of price an equlibrium if you ...

Supply and Demand trading with Fibs

Its just a saying, if i were to translate it would be something like "thats what i think" or "thats how i feel about it"

james16 Chart Thread

Nice daily supply zone hit on eurusd almost to the pip, with the 38.2 also running through it.

Supply and Demand trading with Fibs

This is the trouble working from 1 hour charts, everything comes very soon. I would wait to the close of the hour candle and then make your next decision. As it is wanting to push over it a little as i type.

james16 Chart Thread

Nice entry, but watch for this area too, i would have this down as my FTA As you can see to left of chart, price has trouble closing above here, so be prepared around this area too.

james16 Chart Thread

Wow Jim thanks, honestly coming from you i feel privilidged, and im more than happy to contribute to this thread

james16 Chart Thread

Yes i saw that video, some good stuff there.

james16 Chart Thread

not quite highs are within 3 pips.

james16 Chart Thread

could be, other scenario also is DBHLC with close below the PPV area.

james16 Chart Thread