Dennis, Great short trade out of supply and pierced BB

Trading Supply & Demand Zones

CADJPY short out of previous supply — I've shorted CADJPY (81.727) which had risen into a previous supply zone and pierced the upper BB on the 30 & 60 min charts. On the 4hr it was close to pinging the upper band. Pull up a 4hr chart and ...

Trading Supply & Demand Zones

AUDUSD approaching 2yr high — AUDUSD has been rising steadily and also gapped up slightly at the start of this week. 0.94050 is the high of 2009 and 2010. That's an area where we've seen and imbalance of supply and demand on a number of ...

Trading Supply & Demand Zones

Sho, thank you my friend. I would love to see you add some wisdom whenever you feel like. I hope all's well. Rob

Trading Supply & Demand Zones

Don't let it bother you Dennis. There are thousands of opportunities laying ahead of us this year. We might not make profit from the opportunities that we miss, but we can certainly learn from them all, and that in itself is valuable. Rob

Trading Supply & Demand Zones

Absolutely! Sho made a good post about this scenario here

Buildcity's Trading Journal

Great work Eric. Losing trades are just a cost of doing business. Just like when the restaurant has to throw out good food that wasn't sold, or when the truck driver has a breakdown. Keep it up mate Rob

Buildcity's Trading Journal

I didn't trade off the doji as I had already entered, but I gave myself 20 pips breathing space which was sufficient on this occasion.

Trading Supply & Demand Zones

Yes Dennis, comfortably short with what is now a risk-free trade.

Trading Supply & Demand Zones

True Supply & Demand Explained — Here's a link to an excellent SFO Magazine article, which in my opinion, is the best description of supply and demand that I have read. "Focus on True Supply and Demand ...And Better Your Odds for Low-Risk ...

Trading Supply & Demand Zones

Brian, I also have your swing trade level marked on my chart. If price breaks down through the demand zone at 1.53, that area you've marked would be in my sights too. Rob

Trading Supply & Demand Zones

Good to see you here Eric. I hope that new office is working out well! Rob

Trading Supply & Demand Zones

Brian, Enjoy meeting Sam on Friday! Look forward to hearing about it. Rob

Trading Supply & Demand Zones

Baz!!! - my oldest (not as in age ) mate of FF! - good to see you. It's been a long time. I hope everything is good your end. Rob

Trading Supply & Demand Zones

GBPUSD Supply Zone - short at 1.54722 — Let's see whether the piercing of the 1hr BB into previous supply is enough for price to respect. Failing that, we could be looking at the next level up and the BB shown on the 4hr chart below. I am ...

Trading Supply & Demand Zones

Posts must include the use of Supply, Demand AND Bollinger Bands. — Great to see some old faces appearing in the thread. I want to keep the thread on topic ...i.e. Supply, Demand Zones with the use of Bollinger Bands. Thanks, Rob

Trading Supply & Demand Zones

New thread — Guys, I wanted to let you know about the new thread I've started here: url Rob

Intraday price action trend trading

GBPUSD 4hr approaching previous demand — Here's a GBPUSD 4hr chart which shows a possible reversal if price reaches the previous demand zone and pierces the lower Bollinger Band. You'll also see the lower band being approached on the daily ...

Trading Supply & Demand Zones

More about the thread — After watching the two videos in post #1 you should have gained an understnding of the trading approach this thread is designed for. As with any analysis, we should be aware of the higher time frames which includes ...

Trading Supply & Demand Zones