Richard, no supply elimianted. There are two rules, one is supply level being eliminated, another one bearish trendline break. You said that in your initial post. You have already answered your question but you are not seeing it. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

You said that Richard... a new demand/ supply is confirmed when a trendline is broken and opposing level is taken out and that is what has exactly happened on AUDNZD. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

Very strong monthly demand levels created on Mediaset SPA Italian Stock. Clear setups to go long very low around 2.6 and 1.98 New very strong monthly imbalances to go long with used up monthly supply zone overhead. Long bias image Stocks supply ...

Supply and demand in a nutshell by Alfonso Moreno

No need to pay for any data, unless you want to trade data from a specific broker. Just use the free data included in Forex Tester. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

There is a wrong trendline as you pointed out, it's not correct. You are absolutely right on that one. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

Forex major EURUSD is dropping on the monthly and creating a brand new supply imbalance for potential shorts by breaking ascending trendline, which should happen in a couple of days. In a downtrend supply zones are respected and demand imbalances ...

Supply and demand in a nutshell by Alfonso Moreno

You are ABSOLUTELY right, the trendline was not updated to the latest two peaks. Thanks a lot for pointing it out. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

Forex exotic USDRUB is rallying strongly on the weekly and creating a brand new weekly demand imbalance at 57.4 after breaking descending trendline. At set and forget we decide upon a zone on several factors including departure, basing, higher ...

Supply and demand in a nutshell by Alfonso Moreno

Forex exotic USDNOK is rallying on the weekly and daily creating brand new zones for longs. We had previous cp (continuation pattern) holding from lower and price has continued to rally and is potentially creating new demand imbalances. In an ...

Supply and demand in a nutshell by Alfonso Moreno

Jeff, 1M on tradingview stands for monthly, I believe the timeframe is correct. He just needs to do some homework, top down analysis, etc. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

Very difficult to digest sorry, a lot of text but not a single chart. Can't help there. Remember that timeframes lower than H1 are not allowed in this supply and demand channel. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

You are not followinig rules to draw imbalances sorry. You must do some basic homework before! Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

Forex cross pair USDCLP is at monthly supply imbalance right now around 635.90 where we could see some brand new supply levels being created on the lower timeframes. Monthly is in a downtrend and demand zones are being removed so we want to be ...

Supply and demand in a nutshell by Alfonso Moreno

You cannot sell at the break of anything, only at supply zones in the sequence of timeframes you have decided to trade. It's you who has to pull the trigger based on your type of trader you are, not me. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

Don't know what you've done in this scenario, I see a sell order at demand I don't understand

Supply and demand in a nutshell by Alfonso Moreno

Forex cross pair GBPCAD hit higher timeframe supply and has now created a brand new weekly supply imbalance for potential shorting opportunities. At set and forget we want to lean on higher timeframe confluences and strong levels on our entry ...

Supply and demand in a nutshell by Alfonso Moreno

No imbalance removed, no trend. Cheers, Alfonso

Supply and demand in a nutshell by Alfonso Moreno

Trip Advisor TRIP long bias at new demand level. Higher timeframes demand zones in control. Longs at new weekly demand zone around 39. Previous weekly demand level at 35.85 playing out nicely. New demand zones are being created, supply zones are ...

Supply and demand in a nutshell by Alfonso Moreno

There is a free PDF book and videos that explain the basic rules with examples. Follow the guidance there. Alfonso

Supply and demand in a nutshell by Alfonso Moreno

There is a clear short bias on GBPUSD and new weekly supply zones imbalances. You are not following trendline rules correctly.

Supply and demand in a nutshell by Alfonso Moreno