EU 1H Add on — I took the opportunity to add to my EU long when price touched the weekly demand level. Very counter intuitive I know, it is to me. Perilously close to stopping out on my first ill timed entry....

Southern Fried FX - Supply/Demand Trading

US Dollar — At COB 7-10-12 the US Dollar is still firmly in a weekly supply zone. The assumption is that it will fall soon. If it manages to break through and close above though I suspect a lot of folks will be caught off guard....

Southern Fried FX - Supply/Demand Trading

EU 1H Long — EU missed my pending buy limit order by 5 pips. I cannot let that keep me out of what I believe will be a profitable trade. I have entered long as indicated, but can't help but feel like I am chasing this trade. If I get stopped ...

Southern Fried FX - Supply/Demand Trading

EJ 15M second half stopped out — Second half of my EJ long stopped out. All in all still a profitable trade.

Southern Fried FX - Supply/Demand Trading

Au 4H Closing 2nd half of position — Closing the second half for 77 pips profit. I see no reason to leave this trade in play with the Dollar right at a good supply level, meaning my guess is that the AUD will ultimately gain strength.

Southern Fried FX - Supply/Demand Trading

EJ 15M long update — Half of position manually closed and stop now at BE. Free trade. Now I can stop staring at this chart and get some work done.

Southern Fried FX - Supply/Demand Trading

A rare 15M EJ long — This is something that will not occur very often; I have taken a long on the EJ 15M Demand level. It is right at a D1 level, and the price moved away very rapidly on this 15M TF. I was doing my analysis this morning and ...

Southern Fried FX - Supply/Demand Trading

Good stuff, thanks Rocky...Looking like my EU pending longs may be ill timed thenThat is unless the dollar stalls or falls in the next few days against the present supply level. But it looks very much like the dollar will move up beyond the ...

Southern Fried FX - Supply/Demand Trading

Weekly Chart for the U.S. Dollar — The chart below shows 2 weekly supply areas. If price closes above the zone it is in now I presume that EURUSD currency will trade the inverse of this and remain bearish long term and the next stop will be ...

Southern Fried FX - Supply/Demand Trading

AU 4H sell update — I've closed half my position for 77 pip profit, stop is at BE I will let the remainder ride....Price is stalling at the 1H demand level I have marked in Pale Green.

Southern Fried FX - Supply/Demand Trading

Updated color key — I decided to simplify my charts by using just one color for each time frame. 8 colors is too damn much to keep up with. The color will represent both Supply and Demand levels. Weekly - Red Daily - Plum 4H - Green 1H - Pale ...

Southern Fried FX - Supply/Demand Trading

EU 1H Pending Buy Limit — I have placed two buy limit orders with identical stops but diffrent TP's so that I can scale out, and reduce risk while still having the opportunity for a larger gain. My reason for the trade is that we are now just ...

Southern Fried FX - Supply/Demand Trading

AU 4H Short Trade progress — AU moved sharply down as did EU, I did not think these pairs were so closely correlated or I may not have taken the EU long....I need to take another look at the correlation tables, maybe I overlooked this fact. ...

Southern Fried FX - Supply/Demand Trading

EU 4H Trade stopped out — My EU trade stopped out shortly after triggering my pending buy at what looked to be a great 4H demand level. After analyzing the level again to see what I may have overlooked the only thing I can figure is that there ...

Southern Fried FX - Supply/Demand Trading

RE: Britpip7 — Hi Britpip, thaks for stopping by. I will probably add back tools in due time such as trendlines and possibly fibs. Right now I will stick to pure S/D levels and trying to nail the right ones at the right time with nothing else ...

Southern Fried FX - Supply/Demand Trading

Subscribed — Hi Rocky. I found your journal and it appears I am attempting a similar approach, albeit you are far more advanced. Look forward to following and learning a few things. Subscribed, Deepsouth

Extracted Thread (per thread starter's request)

AU 4H Sell — I've sold AU at a 4H supply level. This level is also right under a D1 supply level. TP and stop are in place as well.

Southern Fried FX - Supply/Demand Trading

EU 4H — Price blew right through my EU D1 demand level...I believe it was a bad level because it really did not go far enough away from the level to be considered a good demand level. Just one of those learning moments. I have taken note and ...

Southern Fried FX - Supply/Demand Trading

Just saying Hi — Thanks for dropping by jcgibson and welcome. Feel free to weigh in any time. My challenge is still picking the best levels...I think with more practice and focused observation of how price reacts at these levels I will get ...

Southern Fried FX - Supply/Demand Trading

EU 1H Trade closed — Price moved to within 6 pips of my TP overnight and almost gave me a nice 43 pip profit before coming right back down to the the demand zone. I closed my trade for 1 pip profit. The demand zone is no longer fresh, ...

Southern Fried FX - Supply/Demand Trading