Ollio's Gold - Supply and Demand

Hi Jack:

Just jumped on line for a minute... Got to head to work!!

Wednesday April 22, 2015

Very Simple Set of Rules (VSSR):

To become a profitable trader using the FIA (Financial Instrument Analyzer), you need only know a very simple set of rules.

(1) Sell the Highs in a Short market,

(2) Buy the Lows in a Long market,

(3) set your Take Profit as per technical levels indicated on the next higher timeframe,

(4) never Buy when the market approaches a Supply level (Supply levels are always Bearish, not Short), and

(5) never Sell when the market approaches a Demand level (Demand levels are always Bullish, not Long).

All the key technical levels (i.e. Supply, Demand, Short and Long) are calculated by the application. There is never a need for you to calculate these levels.

The application also indicates market Direction (i.e. Long, Short or Neutral) such that you know at all times in which Direction the market is moving.

Also, instead of sending me emails, please use the thread to post your questions such that everyone can view both questions and answers.

This morning, you would have sold on a High as indicated on the 4 Hour timeframe (see Chart #1 above).

Your Stop Loss would have been above the Short @1205.88. At that point your take profit would have been Demand on 8 Hour timeframe @1195.21.

Ideally, your initial entry would have been when the market retraces above 1202.71 (i.e. Long level on 4 Hour chart).

Of course, you could have re-entered Short later when the application indicated further Highs on lower timeframes.

Exclusive Offer:

To demonstrate just how easy it is to become profitable using the FIA application, I wish to offer 5 individuals (maximum) whom I will select at my sole discretion an exclusive opportunity to learn the application.

The selection criteria are the following:

(1) person having little or no trading knowledge or experience is preferred,

(2) if individual is a trader, the individual must provide necessary evidence to prove they have been unsuccessful at trading,

(3) individual must be a subscriber.

Furthermore, all participants must agree to the following:

(i) participants must trade in a Demo account only,

(ii) participants must agree to create a trade explorer on Forex Factory and allow the public to view their results for a period of at least 30 calendar days.

If you are interested in participating in this exclusive offer, please send me an email [email protected] to explain why you should be selected on the team.


Note: Offer Ends on Friday April 24, 2015

Thursday April 23, 2015

I am expecting the application to indicate a High as the market approaches 1192.22 (i.e. Short level on the Day) ...

This would obviously indicate the beginning of a market selloff for the Day.

Although I anticipate a selloff to occur at or near this level, I never pre-empt the application.

Following is an example on lower timeframes ...

Notice how the application has indicated "Highs" on the 5 Min and 30 Min timeframes as the market approached the Short level on the 2 Hour.

On the 5 Min timeframe, the application is saying that we have a High as long as the market remains below 1189.31.

On the 30 Min timeframe, the application is saying that we have a High as long as the market remains below 1190.60.

Friday April 24, 2015

The chart above (Post #730) is an example of rule #(1) which states that we Sell the Highs in a Short market.

H4 indicates the Direction of the market (i.e. Short) with Entry and Stop Loss levels while H2 indicates the High (in this case 4 Hour high).

Entry was anywhere between the Short and the Long level on H4 (i.e. between 1192.77 and 1191.65).

For your Stop Loss, we had 2 options :

(1) above the Short level indicated on H4, or

(2) above the candlestick High on H4 which H2 had indicated as a High.

The target is the Demand level on H8.

Monday April 27, 2015

The chart #1 posted above in Post #732 indicates the following:

(1) the market holds a Bullish bias on the 4 Hour and Day timeframes while posting a Bearish bias on the Week,

(2) the market has no Direction on any of the 4 timeframes,

(3) on the 8 Hour, the application is Establishing a High for the Bullish retracement.

At the moment, the chart contains no tradable information (i.e. no direction and therefore no entry).

Traders who do not have access to lower timeframes simply remain on the sidelines until the application reports a direction.

The chart #2 posted above in Post #732 indicates the following:

(1) 4 Hour is Long above 1183.80 with a retracement level @1184.76 which suggests to enter Long near or @1184.76,

(2) the 8 Hour is Establishing a High for the Bullish retracement.

Despite the application indicating to enter Long on the 4 Hour timeframe, it is better to wait for the market to create the new candlesticks on the 4 Hour and 8 Hour timeframes (in 7 or 8 min).

have you changed your system or added things to your system Jack ?

Hi tripr,

I have not changed the application per se other than added some clarifications to the messages which appear in the center.

what's our new chart telling us Jack ?

Now, let's take a look at an intraday chart.

The chart #3 posted above in Post #732 indicates the following:

(1) the chart offers no market direction and therefore no tradable information,

(2) the 2 Hour holds a Bearish bias while the 4 Hour and 8 Hour timeframes are in consolidation, the Day holds a Bullish bias.

We are currently on the sidelines waiting for market direction to enter the market.

Notice the bias on the 4 Hour timeframe in chart #4 above.

Intraday chart #5 above in Post #732 now indicates the following:

(1) on the 2 Hour, market Direction is Long with Entry at or above the Retracement level 1186.86 with target @1187.89 (i.e. Short level on 4 Hour timeframe)

(2) at this point, we expect the market to reverse Short @ or near the 4 Hour Short level.

Note that although we expect the market to reverse Short, in this particular case you would choose not to go Short but to simply take your profit on your Long positions.

Notice how the 2 Hour timeframe on chart #6 above indicates that the market Direction is now Short as long as the market remains below 1187.29.

Please note that chart#6 in Post #732 above will be my last post for today.

Tuesday April 28, 2015