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thomaas replied Nov 10, 2013Someone asked me about a EUR/CHF level in my inbox. I want to share my reply with you since I think it's a common mistake. --- You have to always look back in time and see if the zone is fresh or not. In this case, you can see that the zone is not ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 9, 2013Thanks for the info, and it's a nice trade you got here! I'll spend the weekend writing new articles for url , so stay tuned! :-)
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 8, 2013Quick question: did any of you tried to play with Binary Option and S&D levels? I'm wondering if this is interesting or not.
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 7, 2013Haha, you are right! :-) Thanks! Wow, I completely missed this awesome level :/ Someone here traded it?
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 7, 2013Indeed! Do you know what news caused this?
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 7, 2013Ahah, amazing! Since I trade only the best looking level, I know that I miss a lot of opportunities. Well played! I personally don't like Skype, and don't have the time to do it. I think this thread is enough, especially since we do not use short TF. ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 6, 2013It's definitely better when we can see the charts directly in the thread ;-) About your chart, the level is too big to get a nice RRR on a 1h TF, so I'm not going to take it. But it's definitely an interesting zone.
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 6, 2013Some comments: - For the top level, you should include more candles (as you did in your later post) - And the bottom level is well drawn And to answer your question: small levels are better, because it's easier to have a nice RRR. Nice, I really ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 6, 2013Since I only trade super strong levels, they are quite rare. So I trade basically any pair. As FerruFx said: the account size doesn't matter at all, just use a good RRR. The way I do it: I find zones on a 1h TF, and sometimes zoom to smaller TF to ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 5, 2013I explained this in my previous post here: url The summary: - I made a free website that explains S&D levels really well - I think that people here might find it interesting - The only way to talk about my website was to become a commercial ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 5, 2013I like your top level! But the bottom one is a bit weird to me. Here's how I would have drawn it: image
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 5, 2013Hi everyone! As some of you may know, I'm building a small website where I explain in greater detail everything I'm teaching here. Everything is free on my website with no ads, and I'm getting lots of positive comments about it. But I can't talk ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 3, 2013No problem! But I'm not sure to understand your question. Do you mean how many candles to include in the level? This might help you: url
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 3, 2013I personally don't use this rule. The only important thing that I look at, regarding the height of the level: - The height of the level should be smaller than 1/4 of the height of the price movement. This rule is to ensure that the price has plenty ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 3, 2013FerruFx is right, there are lots of example of fresh/not fresh level in this thread. But I realised that I did not give a clear explanation about it myself. Freshness of a level Once you identified a level, you should see if it is fresh or not. How ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 2, 2013I use Oanda, and I like them so far, especially their trading platform. But it's the first and only broker that I tried, so I'm not the best one to talk about brokers.
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 2, 2013Hi, I'll try to answer some of your questions quickly (I don't have much time now) - Identifying levels is quite easy, you just have to look at strong price movement. But drawing precisely a level is harder, so it might be normal that you do not ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 1, 2013Thanks! I realised that despite the few people who don't like what I do here, I was having fun. That's why I'm back! You are right that's it's not a perfect level. But look at the price movement, this one is definitely "super strong"! The more I ...
Price Action made simple with Supply and Demand levels
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thomaas replied Nov 1, 2013And... I'm back in the thread! :-) Really nice catch, congratulation! --- What do you guys think about this new level on EUR/GBP? image (I recently switched from candlesticks to bar charts, and I really like it)
Price Action made simple with Supply and Demand levels