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pres78 replied Sep 5, 2013Follow up thoughts - it would be nice to see a return on the index to re-test that broken 82.56 Distal line as this should spell some retraces back to supply zones on USD pairs for nice shorts perhaps. We will see how the day closes, too bad NFP ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 5, 2013Appears as though we may be in store for some continued USD strength as the USD Index is set to take out the last decent daily and even 4hr supply zone which means there is not much decent supply left until 84.44 - 84.96 zone. We even filled the ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 5, 2013I hope the webinar was a success, wish I could have made it but I was in a meeting at work. Came back to my desk and noticed a nice trend continuation trade on USDCHF 4hr chart that I wished I had seen to take. Nice 4 hr DBR within a Daily supply ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 4, 2013Alfonso, Did that green supply zone though not fresh right overhead not concern you? Or did you look at the zone as being cleared to at least the highest red fractal?
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 3, 2013Watching GBPCHF to see if it gives up a long entry. I missed a great QM (quazi) set-up identified with the L,H,HH,LL and the return back to the L. This set-up was noted on another S/D forum I frequent however it brought my attention to this pair. I ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 3, 2013Oh I do realize that the basis of what you do is based around the concepts shared by Sam and that what you do is simply your tested variation that works for you. That is why when I personally ask you questions it is to try and fully understand your ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 3, 2013Exactly. Looking back you even seen case where we form a RBD or a DBR through a zone with the base for at or above / below the distal. These are great because it gets rid of the whole "is the zone still good?" question as we now have a fresh new ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 3, 2013This is not true. The orders are not placed after, the big guys don't look at the chart and say "hey there is a nice base to place orders in". The theory behind this method is to find the pockets of unfilled orders that got left behind. Yes we are ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 2, 2013Alfonso, That's great, thanks for taking the time to reply and update post #1. That is wonderful.
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 2, 2013Alfonso, Can you comment on this? My question was based on the very same zone that sebkor6 mentions in his post. When do you remove the zones? Close above? Full bar above OHLC or just a spike through the distal?
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 1, 2013Gold Daily Chart You can see which zones I have as my control zone. The supply zone is a great DBD decision point where we spent no time at this level, it is a fresh level and it appears to me to be original also. The distal line is below the bodies ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 1, 2013Nametaker thanks for the reply... so even a fake out is sufficient to wipe out a zone. I guess once the zone is considered used up even if it holds it really is of no use.
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Sep 1, 2013Alfonso, At what point do you consider a zone to be removed? I see if a bar has spiked all the way though the distal line that we can consider the zone as used up but what if we do not close above or below the distal line and we move back down below ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Aug 31, 2013Not sure if anyone else will find this useful but I compile range reports a few times a year to keep and eye on pairs both that I am trading and also those that I am not. What this does is it allows me to see when pairs are starting to move more or ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Aug 30, 2013I agree and that's what I am trying to better understand is why would that blue trenline you drew not be the daily TL? What makes us drop it down to be on that next point? That 3rd picture is the TL that I showed which you said was 4hr so how does ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Aug 30, 2013I will consider a downtrend has ended IF the timeframe I use as direction has broken at least 2 D1 supply zones, that simple. If 2 supply zones have been violated, then I will consider the downtrend has ended and will start looking for longs. ...
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Aug 30, 2013Perfect sense and reading this was a nice AHA moment... I have heard and read posts where you talked on this but for some reason this really clicked and gave me a great view into your thought process.
Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Aug 30, 2013Last question this month I promise!
Using your GOLD chart and focusing on that lower fresh demand base. We look left and hit a messy range of PA that was most likely more a reaction to that broken red support level. No real supply in that ...Supply and demand in a nutshell by Alfonso Moreno
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pres78 replied Aug 30, 2013Perfect sense and I always hated the word trend because it is all relative and as you noted you can have smaller TF trends that oppose higher TF trends. I have never used TL's in my past trading (well not much anyway) but I can see the benefit and ...
Supply and demand in a nutshell by Alfonso Moreno