Very wise words. So lets take it to the next level. We are going to lose trades, that is inevitable, so we need good money management to make sure are losses are smaller than are wins over the long term. Your entry is only half the battle for ...

Trading Supply & Demand Zones

I think its great that people are exploring ways to trade with supply/demand zones in this thread. But, lets not forget that its important to understand the logic. Firstly, it is wrong to compare Sho's levels of supply and demand to Seiden's. What ...

Trading Supply & Demand Zones

hope you all made some nice pips (90 pips with a 2 pip drawdown)!

Trading Supply & Demand Zones

yep, fair comment.

Trading Supply & Demand Zones

interesting stuff, will look into that. Edit: ok his thread is a mish mash of styles. I think as long as there is consistency with seidens levels otherwise measuring performance is difficult and that has to be clear within this thread, and really ...

Trading Supply & Demand Zones

Rob, if you go through the odds enhancers that demand level isn't strong at all. Ideally we look for the strong momentum coming out of the origin of the move not before it. However, and this is where it could get interesting, in a strong up trend as ...

Trading Supply & Demand Zones

you are right, i got out too soon on that trade. The news gave it good momentum. As per odds enhancers, second touch still has some good probability but less than first touch. All depends whether you are prepared to risk a lower potential reward ...

Trading Supply & Demand Zones

We had some small bounces yesterday off 5785 and then later on at 5811 which were good for small intra day profits. Today, am looking at the 720 area for GU for the next launch long and the 3320 area for euro. If you are trading both at the same ...

Trading Supply & Demand Zones

hmmm. ok I think I need to explain better. By looking at daily demand/supply on the $ index I can look for potential turning points in relation to lower time frame supply/demand on GU, EU etc. I don't think it is necessary to compare time frame $ ...

Trading Supply & Demand Zones

Daily $index looking very nice for GU short @ 600 area next week and 3700 area EU. Have a good weekend.

Trading Supply & Demand Zones

I hope you got out with some quick profit. Although price broke away from that level quite strongly before we did have price hanging around that level for a few days previously which made it a weaker level. And also the dominant trend prevailed ...

Trading Supply & Demand Zones

yup, taking her all the way to 3600 area (into next week)

Trading Supply & Demand Zones

Hi BB, Been trading these levels for about a year now, and before I was trading Ross Hooks (Traders Tricks) which was good for the lower time frames. Again, a trend trading method but with less probability per trade. It was a case of maybe 3 out of ...

Trading Supply & Demand Zones

careful folks, the weekly supply is a very large level, I'd only be looking for the very best smaller time frame levels to go short with a very good risk:reward.

Trading Supply & Demand Zones

GU is currently sandwiched between the weekly supply zone and lower time frame demand areas that continue to uphold the dominant upward trend. I think the 1.55 area is a good zone to go long as you will not be too close to weekly supply giving ...

Trading Supply & Demand Zones

Nice to see you back Dan. Can't beat the trend trading. Simplicity rules. Reading an excellent book on trend trading, 'Trend Following' by Michael Covel. Keep up the good work.

DanUK's Advanced Trend Trading Strategy

Yep, with you on that sup. Good to see you here. Thanks for the info on the DIX bb, will check it out. Agree with regards missing opportunities and the balance required. As long as the RR is greater than 2:1 the greater the probability of the trade ...

Trading Supply & Demand Zones

Classic example of the higher time frame trend continuation on the euro. If you take levels against the higher time frame trend (I use the Daily for 4h and 1h levels and the weekly levels to judge when this trend might be ending), you need to take ...

Trading Supply & Demand Zones

Thanks guys. Glad to be of help. Attached is a basic cheat sheet for the 3 most important odds enhancers. The scoring works with the other 6 to determine whether a limit or market order should be used.

Trading Supply & Demand Zones

The 3 other odds enhancers are: Retracements: First retracement to level is highest probability (I see you have mentioned this already elsewhere). Time at level: In line with the strength odds enhancer. When price is most out of balance the price ...

Trading Supply & Demand Zones