Entry on that eurusd at 1.1020. I am now basically hedged against the US dollar with one long gbpusd and one short eurusd. Whatever happens, I will end up in profit because of my high risk/reward. I can now go and live my life, do some gardening, ...

Finding true Supply/Demand on your chart

Equilibrium alert on EURUSD m15 If the candle finishes as a bearish engulfing, this is also an opportunity to play an equilibrium break. 3 minutes to candle close.

Finding true Supply/Demand on your chart

Target 1 almost reached. Price has now made a strong move away and my directional analysis was correct. As well as playing the break from the equilibrium, I now also have a fresh zone that will be playable again upon retest. Looking at the price ...

Finding true Supply/Demand on your chart

Nice equilibrium being formed this fine London morning on GBPUSD again. Two ways to play this: wait for a breakout from the consolidating area and go in, aiming for a zone that's 3-5x away from your entry, based on the number of stoploss pips. Or ...

Finding true Supply/Demand on your chart

Same chart with Market Profile on it, to make sure the day type doesn't mess with the view: London market profile says that the London day type was a normal variation day with a single initial balance extension. If the trade works out and price ...

Finding true Supply/Demand on your chart

Summer trading: GBPUSD 15min chart. Located a possible equilibrium zone for a long trade on the basis of a much larger timeframe and range the price is in on a Monthly chart. The zone has all the necessary conditions for me: strong move away, with a ...

Finding true Supply/Demand on your chart

Price is still hovering above previous days value at the moment - however this might change at Wall St open in about 45 mins. For now, sentiment is still to the upside. VAH = 1.0660 POC = 1.0637 VAL = 1.0623 This means that for now, I'm looking for ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Analysis time again EURUSD: Primary trend still down, secondary trend up. Why secondary UP? Because on the Daily chart, there are 4 days with higher lows. Yesterday was a down day, but in my opinion yesterday was a correction to mean average due to ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Another thing to look out for once you reach the required interest points is to see how far the the Average Daily Range exhaustion price. For DAX, ADR over the last 5 days was 189 ticks, but yesterday and the previous day was around 260. Today we're ...

Trading CFDs and Forex with Market Profile and Supply/Demand

I am now looking for the nearest supply in relation to Value area from yesterday. I switch the profile time to show me yesterdays Wall St trading hours. I see a clear supply from around VAH on H4 chart and that immediately become my sell zone for ...

Trading CFDs and Forex with Market Profile and Supply/Demand

So far during London, price fell further to test the demand I mentioned about couple of days ago, the one at 11843. But that doesn't mean that I'm going to blindly go in, unless I was only looking for a few ticks here and there, like yesterday. On ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Let's do DAX Primary and secondary trend is up, however Daily shows that price made LL and LH today. Yesterdays Wall Street open gave a clue in relation to Value, because price opened below value, indicating that the sentiment has changed for ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Now that I have a possible intraday trade location, I need to wait until the price reaches that area and only once I see a buying tail being made on the developing todays profile, I will have a trade. Obvously Wall St open is very important in ...

Trading CFDs and Forex with Market Profile and Supply/Demand

One obvious demand within VA on H4, so let's have a look at the same levels on H1 chart.

Trading CFDs and Forex with Market Profile and Supply/Demand

Since we're too far away for a good risk/reward swing trade, I now turn to Value Area from the previous day to see if the intraday sentiment still lies with the buyers today. I use Wall St hours for determining the Value Area (marked in thicker ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Now I try to locate the ideal trade location off the Daily chart - a zone needs to either contain a monthly pivot, Bollinger top/bottom band or a 200 DMA. Since I'm looking for a trade WITH the larger prevailing trend, I want to look for a demand. ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Looking at the Weekly chart, Secondary Trend is still UP as well. Looking for trade direction: long

Trading CFDs and Forex with Market Profile and Supply/Demand

Let's analyse. FTSE100 Looking at a monthly chart, Primary Trend is UP - price still making HH and HL

Trading CFDs and Forex with Market Profile and Supply/Demand

Flat on the day for now, DAX turning at daily ADR exhaustion without touching the 11940 demand. I am in again off cumulative delta numbers and 12000

Trading CFDs and Forex with Market Profile and Supply/Demand