update — Alright guys, Good lesson coming up. Last week i had taken trades on the JPY crosses. esp the EUR GBP and NZD. All of them failed today. Why you ask?. See the attached charts. But i had also taken NZD/CAD. good 60+ pips their. Why one ...

Supply and Demand trading with Fibs

I m currently wiith hotforex and alpari.

Supply and Demand trading with Fibs

Awin, I m trading these JPY crosses on higher timeframes H4. expecting atleast another 100 pips. But like i said market was very slow this friday. Lets see monday evening.

Supply and Demand trading with Fibs

Market is not moving today — Market is not moving today..i guess people are fearful of greece.. yesterday the jpy crosses moved a bit. i m in three of them NZD,EUR and GBP. so far ok. but they are moving very very slowly...net +150 ...

Supply and Demand trading with Fibs

about PnF — Hi Guys, if you find PnF charts difficult to use, please don't use them in your analysis. It's just another way of looking @ S/D levels, its not magic or its not better than anything you are already doing. Keep it simple and do ...

Supply and Demand trading with Fibs

update — update on the usdchf.. woke up with 110 pips.. also had take nzdcad..good 30 pips there.. Got work today....see you all later..

Supply and Demand trading with Fibs

Today was a holiday. Had sometime to trade. — Today was a holiday. Had sometime to trade. blew up the current account , because of experimental reasons... but created a new account, few trades taken today as market was a bit slow from ...

Supply and Demand trading with Fibs

PB, it's not very complicated. All i m saying is try and match the S/D levels on both time and price charts to get a high probable entry. you will get many entries on the time charts alone, but if you look the PnF charts , that will tell you if the ...

Supply and Demand trading with Fibs

Another example to help identify a more accurate S/D level — Another example to help identify a more accurate S/D level. this is on the current AudChf 15m chart.

Supply and Demand trading with Fibs

Yes correct, but look where the price is in ..its in a demand level. LOOK to the left ...its broken a smaller support level but heading into a demand level.

Supply and Demand trading with Fibs

Recent trade on NZDJPY 1H. — Recent trade on NZDJPY 1H. As it can be seen on both time and price charts , the price has gone into demand levels on both charts. Trade is now taken ..lets see how it goes..

Supply and Demand trading with Fibs

Not quite PB, you can now actually be more accurate in "set and forget" method of supply demand, because now you can see the exact price where the resistance or bounce is on the PnF charts.

Supply and Demand trading with Fibs

Quite simple actually....apply the same principles that you use to identify the supply demand on a normal candlestick chart. When you apply it on a PnF chart you get more accurate picture, since we are looking ONLY at price. We need to look at both ...

Supply and Demand trading with Fibs

PnF charts — Well the PnF(Point and Figure) charts were used in the 19th century. They are no secret in trading.but this method was lost for a long time. It was much before forex trading. It was mostly used in the analysis of stocks. But these ...

Supply and Demand trading with Fibs

Greeting everyone. — Greeting everyone. Have not had much time to trade past 2 days. was busy with work. But managed to get few trades. As you can see the new addition to my analysis is the PnF Charts. These charts help your confirm exactly ...

Supply and Demand trading with Fibs

Hence your name Line in the sand. btw, i did not understand a single word you wrote..

The Confession & The Secret

Nice to hear. Glad you could make it. you deserve it man. Now coming to the secret...can you elaborate more on it...

The Confession & The Secret

PixelBoy, I m not really good with fibs, I have tried them and they make it harder for me to make my decision , they confuse me more . I m just not one of those people who get fibs. I have used round numbers , yes they do good. But wait, ...

Supply and Demand trading with Fibs

Thanks dean, btw...how many trade do you take in a day?. I usually get friday's off, so i at my tradestation..most of time..sleeping and watching movies..lolz.. but other days..much fewer..hopefully someday i can quit my job..and trade full time..

Supply and Demand trading with Fibs

pixelboy, I use BB with 50,2 Setting. This is because i want to try and get S/D at the extreme levels..hopefully increasing the probability of the trades.

Supply and Demand trading with Fibs