s Supply, Demand and PA thread

[dharale]

quote Here Is a couple on EU. Most quality zones possess an foundation. Quite often a high candle body with a strong move away. Yellow boxes are currently engulfingarrows are retests once they became zones. You can get engulfing and engulfing reversals. I usually examine the candle figure when molds and may already see that it is going to form a zone before the indior prints it. Not certain why I didn't trade this setup. Nevertheless a bit rusty after a fracture and being overly cautious....

Hello ,
I do not really grasp how you trade engulfings before the zone grows. In your chart there are lots of engulfings that failed. You need a few indiions that the engulfings occur at the right place at the right time (those from the orange rectangles). You're using higher tf analysis and trend direction but when you do not trust zones what's more? Maybe encourage and resistance, trendlines and USDX however is that enough?
For example why is your engulfing from the third red rectangle not as excellent as the engulfing on your very first orange rectangle when loion doesn't matter.
Maybe I'm wrong but it appears that this engulfing indies from the point of view the end of the corrective move and you would trying to find longs now. Why don't you believe that the follow up engulfings to get a trade that is lengthy? Okay the rectangles 5 and 4 developed during oriental session what isn't perfect but what about the first eyebrow?

[Raul123trader]

Really right now I do not trust zones transactions at all and always want to exchange PA..

Ay up Neil. A lot of the zones the great looking ones will fail, and that's why I think that it's so important to read the PA. It is somewhat more of a dull existence but a lot less bothersome.

[Gussydede]

quote I think out of a market perspective there is probably way more people looking to short this shirt than buy it. It is definitely a significant region of liquidity so would surprised if we don't receive a bearish reaction. My figure is a pull back and then another burst higher to blow out the shorts. It is not my kind of place to become involved so will steer clear of GU for today.

Agree with your analysises.
Since you can see GBP index is the strongest one and the upcoming fresh W SZ is far off (greater than 600 pips).
After the rest of current high and retrace back, GBP is your currency to buy.

On this particular pair GBP/USD there is a strong WDZ in 1.40 ish. I'll be looking to engage in buying it If price retrace back to it.

[franl2]

there will unquestionably be a bunch of SL's above the weekly highs in 1.43455 , therefore maybe a push of 20-30 pips above that level. I will sit and wait on GU

I think from a market perspective there's probably way more people looking to see this shirt than buy it.

It's definitely a significant region of liquidity so would surprised if we do not get a bearish reaction off it. My figure is a pull back and another burst higher to blow the shorts out.

It's not my type of area to become involved so will probably steer well clear of GU for today.

[InesRamttR]

There will unquestionably be a lot of SL's over the weekly highs at 1.43455 , so perhaps a push of 20-30 pips over this level.
I Will sit out and wait on GU

[franl2]

quote DXY wasn't moving much until the afternoon (my time is London) , I remained away from EURUSD. I am glad to have missed out on several trades as if I'd held on, other than GBPUSD , I would definitely been stopped out on the reversals. Overly cautious is good

Yep, GU was intriguing. It's always harder to buy when a trend is getting long in the tooth and reversals plays become rather enticing.

Just out of a SD view, I will see the tendency start to flip (red arrows) back to uptrend with new engulfing moves and provide sliced.

I think we're going higher but today at an area where foul play can happen around this shirt.

That I dun no, going from 10 entries per day right down to zero is very usual for me personally.

[Gussydede]

quote I am not always trading off zones. Have a look at the PA structure at moment when a zone is formed. You can enter a market order at the specific moment need and supply is made with the direction of this trend. It requires a lot of practice, patience and good reactions to pull the trigger. You may also trade the same zone (touch trade or with PA) should you receive a pullback to the new zone. These are my regular transactions these days although this may seem confusing. 8 out 10 transactions are using engulfing PA rather than zone pullbacks. Really...

Ok, today I get you.
Can you mine to describe better your engulfing method please with a few chart examples?
I heard from someone that you are extremely good with this particular king hinges SD.
Cheers

[franl2]

quote @ I've question concerning the zone you market on M30 chart. I agree with you that it's a nice zone with strong move away in the zone, nice emphasizing, made a HH etc.. . But tiles which a trade was put by you on such zone. How did you exchange that zone if price never pulled back to the zone? Usually I mark my zones and if price return to the zones I exchange them if there is enough profit margin and the arrival to the zone is great. That is the way I learned the SD methodology.

I'm not trading away zones.

Look at the PA structure at very moment if a zone is formed. It's possible to enter a market order at the specific moment demand and supply is created with the direction of this trend. It takes a lot of patience, practice and good reactions to pull on the trigger.

You can also trade the identical zone (touch trade or with PA) should you receive a pullback to the fresh zone.

This might appear confusing initially but these are my regular transactions nowadays. 8 out 10 transactions are using engulfing PA rather than zone pullbacks.

Really right now I do not expect zones transactions at all and always prefer to exchange PA..

[Gussydede]

quote Damn, this didn't setup in time until I set off to do the job. It's worth studying this PA on M30. These are my favorite engulfing setups because they ch everyone off guard who get blindsided by previous bear candle. When it's shaped, it is gone onto by the stop. M15 indies this PA was not from air that is fresh but there was a sneaky zone in drama. M15 and m30 create a stack that is great . M5 is seldom used. Again, be careful of choosing daily tops / major reversals before they've form. image

@

I have question about the zone you market on M30 chart.
I agree with you that it's a great zone with powerful move away in the zone, fine emphasizing, made a HH etc.. . But tiles which a trade was placed by you on such zone.
How did you trade that zone if price never dragged back into the zone?
Usually I mark my zones in my 3 TFs D/4H/1H and when price return to the zones I trade them if there's enough profit margin as well as the coming to the zone is great.
That is the way I heard the SD methodology.

[franl2]

Bit of an indior here I developed with zero coding abilities.

You drag it to the chart and set a horizontal line on the chart, it will duplie across several charts of the same pair. If you move it, it moves on all charts.

Just enter the number 1 from the indi and name the horizontal line as 1 (or whatever title as long as it matches).
https://www.cliqforex.com/attachment...7714020774.ex4
https://www.cliqforex.com/attachment...8190198092.mq4