This is an interesting video and basically reinforces what we already know. This guy uses contract size to highlight pro traders (Blue bars), and amateaur traders (yellow bars). Have a look at the video and see where he shows the amateaurs are ...

Trading With Limit Orders

yes. I look at daily and weekly for higher time frame SDs

Trading With Limit Orders

once supply has broken they are no longer supply. Euro is in an uptrend based on larger time frame demand supply so entry off of demand levels are the higher probability trades until around the 700 area then we might see some sell off (IMO).

Trading With Limit Orders

Yes, this is what I do, I throw up all my levels from 3 time frames on the chart as different colours so when I am on the smaller time frame I know where I am on the bigger picture. I can then have several pairs on one screen. Nice patience with the ...

Trading With Limit Orders

went long eurousd @ 3255, took half off at 1st taregt 3300 (speed bump and supply on 15 min), and remainder off at 3275. Reason for taking quick profits is because we are right in the middle of the weekly zones. Price turned around at the 50% level ...

Trading With Limit Orders

Don't forget, higher time frame demand/supply. What has the euro just done? Why might you not want to be looking to short the euro at the moment? Be very careful listening to analysts, they feed the trading masses junk. You should have a trading ...

Trading With Limit Orders

Yes, it was a good webinar. Interesting to see that he noted the level I identified on GU Daily as not being an important level. He did not elaborate but probably due to the number of candles in that area, but still a reaction non the less probably ...

Trading With Limit Orders

I enjoy your writing style and you come across as a very knowledgeable trader. You are quite clear in your views about the use of indicators as a worthless trading tool in one of your threads, and I tend to agree. In particular your own style of ...

Thinking Outside the Box!?!

With all that being said, picking the highest quality levels and patience is the name of this game, expecting and forcing one's self to trade everyday on sub par levels is not healthy imo.

Trading Supply & Demand Zones

it came within a few pips of it on my platform. These levels are not an exact science but if you see a strong move away close to a level treat it as an indication of buyers getting on board and go with the higher time frame direction. Price is ...

Trading With Limit Orders

The odds enhancers on the other thread define a supply/demand level and the scoring of each level using the odds enhancers helps to define the quality of that level. So its not about levels at different time frames but the larger time frame levels ...

Trading With Limit Orders

Yes, the level wasn't strong but still a confirmation entry candidate. And yes, considering the consolidation on its way back to the level severly reduces your risk reward as a target it wasn't a great set-up at all. 5477-5277 area is my daily ...

Trading With Limit Orders

The euro came very close to hitting the weekly demand but it didn't quite get there let alone hitting any daily demand levels. So may make another run down to pick up buyers at those levels. The GU however is clearer and has bounced off a daily ...

Trading With Limit Orders

An interesting point on Frank's thread here about strong and weak levels in strong and weak trends.

Trading Supply & Demand Zones

Yes well put. This is the dilema using supply and demand. But if using the weaker levels, keeping an eye on bigger picture supply/demand should keep one out of trouble in a strong trend. The current GU hourly supply level is a case in point ...

Trading With Limit Orders

nice trades Blue. It seems the trend is still very strong that these smaller levels are easily profitable.

Trading With Limit Orders

cheers Calderone

Trading Supply & Demand Zones

Talking of which, I have a swing buy limit order on euro/swissy at 1.2788, sl 2758 (weekly/monthly/yearly lows) tp 1st 3235, 2nd 3300 hikkake pattern? Not familiar with that.

Trading Supply & Demand Zones

Yes, more wriggle room or when price breaks back through the lower band just re-enter. These miniscule levels with poor RR being reached during Frankie's hour (european open fakeout) then tank at the London open are proving to be solid trades, but ...

Trading Supply & Demand Zones

True, but if you ensure you have a solid set of rules of when to enter it makes pulling the trigger a whole lot easier, then you really are playing the probabilities. If you don't have solid rules then you are less likely to be consistent and the ...

Trading Supply & Demand Zones