image Here we are back to the 30M We have a possible stall are just ahead of price. I call these Base Supply/Demand level as they are in the Base of the pattern. Actually my target is a Base Supply Level.. Price has already attempted this stall ...

B.S. Trading with Kenneth Lee

image Here is a 1M view of the Demand Level.. see the Volume coinciding with the UP move..Extreme.. SM are the only ones that can create this .. Again , tells me I am in the right area. Look at volume in context of the preceding price /volume ...

B.S. Trading with Kenneth Lee

image I tend to look inside my trades using smaller TF as shown on this 5M. What I am looking for is where price go while I am in the trade. Sometimes I look before hand other times I am already in like this one. Gives me insight to where my stop ...

B.S. Trading with Kenneth Lee

image Here is a better view of the 30 M . TSD

B.S. Trading with Kenneth Lee

image Here we have a 30 M TF. Price bounce off a 4HR Demand level. Next we see a Swap Level form on the 30M. For those not familiar with a Swap Level please look back into KL's thread. Has some examples of what it is.. It is similar to Support ...

B.S. Trading with Kenneth Lee

image 4HR view of overall trend..UP... Trades for me at this time are long. See following charts.

B.S. Trading with Kenneth Lee

Hi Trappist, Given the the market have made good moves long from the 102.13 area and the 102.66 areas. I am inclined to stay with the trend at this time. notice that the pull backs overall are shallow. trend is definitely long. better trades are ...

B.S. Trading with Kenneth Lee

image TP hit. Exit on the trade. Patience paid off. Good trading to all TSD

B.S. Trading with Kenneth Lee

image Price has moved very much in our favor. .. London now open and Tokyo will close in less than 1 HR.. TSD

B.S. Trading with Kenneth Lee

image Well the retrace was a bit farther than we expected.. Ya think.. Never the less we are still in the trade and price.. Once again.. has moved in our favor..Will this be the final push.. Will see? TSD

B.S. Trading with Kenneth Lee

image Price has started to move back in our favor. Another look inside the trade, 1M shows price bounced off a small Supply Level on the 1M.. Should see some retrace and continued price movement long . See how price meandered into this Supply ...

B.S. Trading with Kenneth Lee

image Notice how volume was weakening as we came off from Supply inside the Base..We had good bounce at the 61.8% FIB, with a strong PIN with high volume. Let see if we can get some follow through? TSD

B.S. Trading with Kenneth Lee

image We are still in.. Several reasons.. At the outset of the trade we defined our risk. We were comfortable then.. we should still be comfortable now. The risk has not changed. Here is many traders will get real jumpy..I had a winner..Now I have ...

B.S. Trading with Kenneth Lee

image Price has turn short off Supply inside the base. We are resting a the 50% on this retrace. Now comes the hard part...Do we stay or do we go?? TSD

B.S. Trading with Kenneth Lee

image Price is moving in our direction. Even though we have shorten our RR.. We can always adjust our position size to meet the same goal as if we are trading in the higher TF's. Now we just sit back, relax .. and let the trade happen.. That is ...

B.S. Trading with Kenneth Lee

image We are using multiple TF's to view where price should ?? go. Staying on the 30M trying to get to the next Supply level might be a bit difficult as there is a strong S/R before Supply. If we step down in TF we see that the S/R coincides with ...

B.S. Trading with Kenneth Lee

image 30M view of what is happening now. The HIGH volume candle/bars indicate where the SM's are pushing price the strongest. Creating levels. we got long with a 2:1 RR.. I will explain why in the next chart. TSD

B.S. Trading with Kenneth Lee

image Price is long.. Meandering but moving into a Daily Supply. Above is also a monthly Supply. Price showing shallow pull backs into trend line. These levels (IMHO ) in the HIGHER TF's tend to act like magnets pulling price towards them when the ...

B.S. Trading with Kenneth Lee

Hi rohule, Yep, I have 13 years trading as well .. and .. I was wondering the same thing??? " Why is travolata here? " I really dont get, why some on FF feel, the need to display such a poor attitude toward a method. And to further go out ...

Supply and demand in a nutshell by Alfonso Moreno

mmmm REWIRE TIME. If i may make a suggestion. Your statement: " Basic problem here. I am not getting enough trades " Do you want to trade or be profitable? I know.. seems like a simplitic question.. right? Answer 1: Most would say, both! ...

The Supply/Demand Zone