In Alfonso's defence...I am on OTA grad from many years ago. I am friends with Alfonso & Alfonso has not done any OTA course. His methods are from common sense supply & demand trading & all free info that has been given on the net. This is not ...

Supply and demand in a nutshell by Alfonso Moreno

Maybe this might shed some light

Supply and demand in a nutshell by Alfonso Moreno

Thanks Myst1z thats cleared that one up.

Supply and demand in a nutshell by Alfonso Moreno

Hi Wllen1. Price could bounce from here, but we dont take every level. We are supply & demand traders from top down analysis. If you use the time frames correctly for daily/240 swing trading, we are in monthly & weekly demand at the moment. Its not ...

Supply and demand in a nutshell by Alfonso Moreno

I've closed this trade for a nice profit because I still have a short open in the eurcad which is still floating at break even. Also have a nice profit on am AUDCHF long from yesterday which I will hold until 8750 final target or until I get stopped ...

Supply and demand in a nutshell by Alfonso Moreno

Here's a nice GBPUSD set & forget trade on the 240 time frame. Price is dropping from monthly & weekly supply. There is plenty of room to weekly demand. good profit potential for low risk. Lets see if I can make entry this week. If no entry by ...

Supply and demand in a nutshell by Alfonso Moreno

Your on the right track

Supply and demand in a nutshell by Alfonso Moreno

Personally If I don't have enough data to see higher time frame supply, then I don't trade. If I was already in the trade holding position then I would be trailing the Daily Demand zone where you wish to enter. For me this is far to high to look for ...

Supply and demand in a nutshell by Alfonso Moreno

Looking good so far. I also took a cheeky long on audchf 240 demand & gbpusd short (60 min divergence just before 240 level). All similar trades to the ones above just didn't want to post too many charts. Going to hold longer on the Eurcad till 3950 ...

Supply and demand in a nutshell by Alfonso Moreno

Eurcad update Made entry today but price overshot level slightly. Had 18 pip stop for this cross pair. Lets see what happens.

Supply and demand in a nutshell by Alfonso Moreno

Hi fellow traders. Here's a nice little setup in the gbpcad. Divergence on the 15 min chart isn't necessary but I use it to filter levels. Lets see what happens.

Supply and demand in a nutshell by Alfonso Moreno

I personally dont look at this the way you are. Yes this could be a weekly flip zone but you can clearly see we are at weekly supply but this is counter trend weekly supply which I dont rate highly this low on the monthly curve, also the daily ...

Supply and demand in a nutshell by Alfonso Moreno

I agree on your analysis but looking at the monthly & weekly s & d levels, there doesn't look like there's a great profit margin (consolidation) so why trade this pair when there are better pound pairs with descent profit if price drops. I also ...

Supply and demand in a nutshell by Alfonso Moreno

Im quoting myself as this was a trade I already took. There is also a previous post on this setup before the daily divergence had unfold. page 147. This setup hopefully will take place this week but price may not retrace a great deal hence using 60 ...

Supply and demand in a nutshell by Alfonso Moreno

Here's a 240 level set & forget trade in the eurcad. My Bias is to short euro this week looking at most eur pairs so here's my charts with full explanation why I like this level as a set & forget. Divergence is something I use as a filter for good ...

Supply and demand in a nutshell by Alfonso Moreno

I would say your pretty spot on with this one. Just remember we are into counter trend weekly supply which was a test of a monthly level so price may want to push higher. however I use divergence as a filter for levels I can take & this is thumbs up ...

Supply and demand in a nutshell by Alfonso Moreno

I agree with the eurgbp short at daily supply. Plenty of room to nearest weekly demand.

Supply and demand in a nutshell by Alfonso Moreno

My mistake I was looking at audusd & correlating this pair with audjpy for a short bounce. The set up for me was audjpy daily supply with 60 min divergence in daily supply. Late night...

Supply and demand in a nutshell by Alfonso Moreno

Makes sense.

Supply and demand in a nutshell by Alfonso Moreno

I'll be honest ive not read all of Alfonso's rules but as an OTA graduate many years ago, I follow similar rules & understanding. However with supply & demand there are many ways to trade. There are counter trend traders that do extremely well but ...

Supply and demand in a nutshell by Alfonso Moreno