Before I even mention trading AUD and the CAD, go look at the news sites I have mentioned and look at the news for these 2 countries currently, think you will be very surprised, and may make you completely change bias or ignore these currencies ...

Supply and Demand trading with Fibs

Please refer to POST 1403, about spotting bank levels. Basically the big boys get to thier desks in the morning and make their orders for the day, which is why we see alot of movement after a quiet Asian session, however due to the sheer size banks ...

Supply and Demand trading with Fibs

Think of it like this, when a "fresh" zone is formed, there are for example 1000 sell orders there of large size unfilled. When price reaches this zone and people continue to buy, they buy into these sellers, which fill those waiting sell orders. ...

Supply and Demand trading with Fibs

I remember marking this supply out for you guys back on April 6th, again today this has provided a very profitable trade, 3rd entry into supply and gone a bit deeper so I would be careful on a 4th entry. Anybody take any of this supply I marked out ...

Supply and Demand trading with Fibs

SPOTTING NEW/FRESH ZONES What we have here, is supply zones all being taken out, and where this supply was, is now formed a demand zone, ever heard support and resistence traders mention pivot zones or the old saying "resistence turns into support" ...

Supply and Demand trading with Fibs

TRUMP SPEAKING NOW url

Supply and Demand trading with Fibs

You're welcome, I'll even have a little play with it myself, be interesting how it compares to where I plot the volume in my head.

Supply and Demand trading with Fibs

Your right, I can nakedly see where all the volume is, and lies. However for beginners this may be very useful. So you are more than welcome to post the tool for others to learn from.

Supply and Demand trading with Fibs

Very good that you have set targets in mind. Also what we tend to find with bank levels, is that if the banks have any unfilled orders from this morning from that sell off, they will attract price back to this area, attracting buyers along the way, ...

Supply and Demand trading with Fibs

From a quick look this is how I have supply on the 30min chart, however I have less confidence as the timeframes gets lower, however it is a new supply, bit it is fairly large.

Supply and Demand trading with Fibs

Have you marked that from a lower timeframe? When you get to lower timeframes like this, can get a bit messy.

Supply and Demand trading with Fibs

I tend to favour 50 at the absolute most, 50 is popular with both retail traders and banks alike especially on the big charts daily-weekly-monthly. 61.8 is also another interesting level, however all of them play their own part in a way, if there is ...

Supply and Demand trading with Fibs

SPOTTING BANK LEVELS The other popular question I got was how I spot Bank and Instituional supply and demand levels. The answer will come as a surprise to alot of people at how easy this is to spot. This supply area I marked on cable happened at ...

Supply and Demand trading with Fibs

Ok, so been getting ALOT of private messages, and a few on this subject, being why am I bearish GBP at the moment. Basically with supply and demand, we favour the more powerful bear/bull, currently supplies are now taking out and erasing demand ...

Supply and Demand trading with Fibs

Possibly, whos to know right now, but all I know as we speak now, Cable is in a beautiful demand zone, hitting the 50 fib absolutely perfectly, unfortunately I missed this trade due to my car issues end of last week etc. But this ...

Supply and Demand trading with Fibs

Just a bit of transparence here about my trading. One of my family members gave me $10,000 to trade of their money, which I trade for free since it's a close family member, just mirroring my account. Here is the statement for last month, completely ...

Supply and Demand trading with Fibs

Just an update to followers, I have a trade currently here for GBPUSD on supply (short), keeping my eye on news. (Chart is 4 hour)

Supply and Demand trading with Fibs

Very good Flyinglotus, for DailyFX, I would recommend especially the session briefings. Asian session Briefing European Session Briefing America Session Briefing As when you start to trade you can get a rundown briefing of what happened in the ...

Supply and Demand trading with Fibs

Wow tuk, you read my mind here is my eurgbp chart.

Supply and Demand trading with Fibs

They are 100 and 200 moving averages, I only show purpose for them on the daily chart. As it's a well known fact that institutions/banks use both the 100 and 200 on a daily chart for some big moves. So when price is close to either one on the daily ...

Supply and Demand trading with Fibs