Trading the CHF live: image Price crossed a lower Trend Line channel and then retested the Supply Level above. Price then made its way into a 60M Demand Level. Upon reaching the Demand Level we entered a long position. image We stepped down in ...

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Trading the CHF live: cont image Took my profit at 43 pips as the spread is terrible this time of night here on the West Coast. TSD

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Trading the CHF live: cont image We have really tighten out STOP as we are right on top of TP

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Trading the CHF live: cont image Because this is a scalp trade basically we moved our STOP down Support turned Resistance. Not willing to give back much.

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Trading the CHF live: image On the 1HR we see a break for the lower channel line. Notice how choppy this break was. For me it is best to wait for price to clear up.. " show itself" so to speak. Basically we are looking for a Supply Level that ...

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Trading the CAD live: Here is that additional bit of info regarding Candle #3 I mentioned earlier. As we can see on the smaller TF = 5M we see two points. 1) A Support Line at a Pivot High @ 1.38734 and a Demand Level in a Rise Base Rise / Supply ...

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Trading the CAD live: OK... Basically we are doing a Support Resistance Channel trade with the use of Volume aka Activity. image Set up pretty basic. We had a break of the channel and entered on the retrace. image No here's where we use Volume ...

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Trading the EUR live: cont. image As we can see price came off the 15M aggressively and stopped us out for a very small profit. In the end it all about managing the trade. TSD

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Trading the EUR live: cont. image we step down in TF to the smaller TF's. What this allows to see is how price is moving. whee price may move to and retrace back. It is a way to manage a position. For example: if price is moving up to out TP we ...

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Trading the EUR live image Higher TF showing the Daily SD levels. basically this is were we should always kick off when looking for a trade. Helps us see where price may be heading next or what might be in the way once we get into a trade. image ...

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Thanks HG.. A belated Merry Christmas to you. May you have a profitable 2016! All the best my friend, TSD

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image A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. The current candle does not really get close to the previous days high. Current candle has almost no retrace to the previous days high. Maybe 4 pips? ...

Trading is as simple as 1-2-3

Most excellent HG !! Especially this paragraph. This has to be one of the most explanations of Volume in Forex I have seen: As price moves into the Supply/Demand Delta Zone, some interesting things can be see with the aid of Volume. The ...

What does volume tell us about the market? Volume patterns?

I simply did not realize there was news.. My bad.. it was late. tired.. it what I get for not paying attention no trades over the weekend TSD

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image As previously discussed, we were looking to get long again ...Note: The previous long trade was stop out for 36 pips. TP would be would be Supply #1 as shown in Post # 94. We did just that as price touched the Demand level created below ...

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What time zone are your charts in, New York time ? New York Would you mind saying which pairs you track for trading and which are your favorite pairs. Majors Also how do you do your over all premarket analysis, meaning do you just do the daily on ...

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image As you can see we got stopped out on this long. Always a higher risk when trying to trade into a level ( Supply in this case ). I was hoping the Supply level #4 would not hold and Resistance turned Support would. Such was no the case. But ...

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image we see that price has returned to Supply 2. It stayed away for a good amount of time ( important ). Then we see how price move away from the level. Not that aggressively.. but it did move away. We would like see it move more aggressively .. ...

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image The following charts are in response to the previous posts regarding Price and Volume. This first chart is the larger over view o the various levels and the long position that has been taken. The TP for the position is the top Supply or ...

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The top arrow would be Supply.. the bottom arrow would be Demand. Your stop is 99% of the time outside the Supply or Demand Zone. Looking at your chart the Demand Zone ( bottom arrow ) you would place your stop below and outside the Demand Zone. TSD

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