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Dyekid217 replied May 13, 2014Ok sorry Proffessor! I will turn the levels back on for any future charts Wouldn't you agree that zones are more important on their first touch? Of course if there are tons of trades going on there is an imbalance and those zones become less ...
Sonic R. System
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Dyekid217 replied May 13, 2014I have been studying supply/demand support/resistance.. whatever you want to call it. I want to clarify what is defined as important supply/demand zones because some are more important than others. A move can be seen to move from IMPORTANT levels of ...
Sonic R. System
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Dyekid217 replied May 13, 2014I think this is where the power of supply/demand comes in If you see on the hourly there was an important zone of demand which was consumed entirely. When price came to retest it the bear MM's decided that price is too expensive and price will move ...
Sonic R. System
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Dyekid217 replied May 12, 2014There is nice rejection from previous supply area. Notice how many candles it took to retest this area? MM's are definately bears imo.
Sonic R. System
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Dyekid217 replied May 12, 2014I am with the UCAD bulls. As you can see marked by my chart the buyers have consumed the previous supply zone on a huge bullish bar. I have entered on the retest of the zone with volume at the lows. I see next supply maybe at RDH but more ...
Sonic R. System
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Dyekid217 replied May 12, 2014I'm not too sure about GJ as it's punished me in the past.. but it looks to me like there are Bears on GU
Sonic R. System
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Dyekid217 replied May 12, 2014I have been studying all weekend how to draw the proper supply/demand zones and I cannot believe that I have not learned them this far into my trading career. I believe this will give me that extra edge when using Sonic R.
Sonic R. System
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Dyekid217 replied May 12, 2014Another thing I noticed on EU.. price is sitting at a zone of demand already but it's stuck in a tight spot. This may either end up as a drop-base-drop or a drop-base-rally. Just a couple minutes ago there was a lot of volume that came in at the ...
Sonic R. System
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Dyekid217 replied May 12, 2014I agree.. I would not long either. As I posted earlier the high volume on the down move was a consumption of the previous demand zone. The MM's pushed price past this zone to trigger pending long orders for more liquidity to short. As we see a ...
Sonic R. System
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Dyekid217 replied May 12, 2014USDJPY: I've just locked in some profit. Looking for the pair to break another area of supply at 102.13
Sonic R. System
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Dyekid217 replied May 12, 2014EU may respect this zone. This was a big zone of demand and it has been broken. I see more potential downside to EU. Time will tell
Sonic R. System
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Dyekid217 replied May 10, 2014Hi all can you help me with something? I don't want to use the colored PVA candles.. I want to use normal candles but when I do the candlesticks end up showing behind the dragon indicator. What settings so I can have price at the forefront of my ...
Sonic R. System
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Dyekid217 replied May 10, 2014Hello everyone! Hope you all are enjoying the weekend and studying as much as you can! Here's what I have seen on EURAUD over the daily timeframe which would have told you to look for classic shorts. As you can see price found a nice zone of support ...
Sonic R. System
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Dyekid217 replied May 10, 2014Yes indeed, there is lots of studying to be done! I am looking to apply SD to my regular trading strategy so I know exactly where to get in and exactly where to get out.
ReadtheMarket - Supply and Demand with Price Action
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Dyekid217 replied May 10, 2014Ha I'm right there with you. I'm sure everyone has gone through the phase of throwing tons of indi's on a chart hoping that price will respect their signals. Have you found that supply and demand zones improved your trading once getting the basics?
ReadtheMarket - Supply and Demand with Price Action
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Dyekid217 replied May 10, 2014Very nice to meet you
May I ask how long you have been learning supply and demand from this thread and their site? I have visited the site and registered and it looks like an absolute wonderful source of information that is clearly organized.ReadtheMarket - Supply and Demand with Price Action
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Dyekid217 replied May 10, 2014Hello everyone I'd like to post here since I know the server is being migrated on the site.. I am truly interested in learning supply and demand step by step as I believe it can add a very valuable technique to any strategy. Let's be honest that ...
ReadtheMarket - Supply and Demand with Price Action
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Dyekid217 replied May 9, 2014I have a long in UJ that I may hold over the weekend. As I look at today's previous price action I see alot of drop-base-rallies and we are at a very strong area of support on the longer timeframes. I have tried to free up my summer schedule to ...
Sonic R. System
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Dyekid217 replied May 9, 2014Just a general question for you guys. Do you have any experience with forex tester 2? I am interested in getting a copy of the software so I will be able to forward test and perfect my strategy. Also something on EU.. MM's look like they want price ...
Sonic R. System