I never use confirmation. I rely on the quality of the level. I would rather risk the trade not working out than wait for confirmaion and get in later and end up with a potentially larger risk to reward. It just means I will probably have fewer ...

Price is everything

and here's the biggy...Price had just bounced off DAILY demand .

Price is everything

That really is a work of art bandung, excellent piece of kit

Charts on Drugs or works of Art?

Price reacts to supply and demand not a moving average. It is pure coincidence that price has reacted to supply or demand at the area of the moving average. Moving averages follow price and are derived from price and not independent of price. You ...

The Divinity Method

Money is evil. It's the devil's side that you want with a 666wma.

The Divinity Method

Are you looking at the bigger picture? It wasn't wise to be selling euro after it reacted strongly off daily demand back with the weekly trend.

Back To Basics

Vicky, you need to create a trading plan that involves bigger picture analysis and a set of criteria. You have to define what a supply/demand level is. Take a look at his odds enhancers which should help you on your way. Dig deep for this ...

Trading Currency Futures using Sam Seiden Supply & Demand levels

Sustainability — Domino, what an excellent charity that you support. I am an urban designer by trade and sustainability continues to be at the core of my ethos. Great to see a like minded trader.

Domino's Price and order flow trading

More to do with bigger time frame analysis to support day trades and more odds enhancer analysis to decide on whether to use confirmation market or limit orders. Its often the trades that make you feel most uncomfortable that work out the best. VSA ...

Convince me on your method...

If done properly, supply and demand (i.e by not using price action for confirmation), you will get you the best price with minimal risk, better than any other method; VSA, fibs etc. From what I have seen of the FF threads on S&D, nobody demonstrates ...

Convince me on your method...

Interesting logical explanation. Very different to what Seiden suggests one should look for when coming into a demand or supply level. He suggests a strong arrival into the level which encourages liquidity into the level. Its suggested the pros will ...

Price is everything

Of course they do, its a smoke screen. They have to make it seem that they know what they are doing so that nobody suspects that they really are trading off inside information (or was it Merlin's Amazing Strategy...).

Goldman Sachs traders use moving averages

Great post. But I dissagree with your last bit. Taking partial profits can be a great help with staying in the trade. I always gun for a minimum 2:1 Reward Risk with 3 lots. Once I reach 2:1 one lot is taken at profit and covers the other two lots ...

question: crossing over to winning side

I dissagree. A loss should be taken seriously. It is giving you information which could be about the market or about you. Channel your emotions into using that information in the best way possible rather than crawling into a fetal position on the ...

Losers Anonymous

Ahhh yes remember seeing this a while back, wasn't it by 'the rumpled one' or 'the old git' or someone..

Charts on Drugs or works of Art?

But that's just it, it isn't complicated at all as I am sure you'll agree. It's threads like this where theory and real life trading collide as one becomes submerged in academics most of which could be best left at the debating table (but makes ...

Game Theory in Trading

Its a game because to push price up there needs to be enough opposing sellers to buy from. Drawing in these sellers by taking price down from the highs to liquidity pools of stacks of buy orders below SR for example traps the sellers. Price can then ...

Game Theory in Trading

You cannot compare retail traders and big traders such as Soros. Totally different liquidity issues!

Price prediction for next 24 hours