None at all for those of us prepared to get stuck in on the M1 chart (yes the M1 chart!). We can see responsive buyers stepping in and liquidity building below and 13+ so pips with nice momentum candles on the pullback into demand. image

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Its also worth checking to see where Dollar Index is in relation to major, supply and demand zones, before trading GU, AU, EU etc. USDCHF can also be used as a kind of proxy for the Dollar Index (and mirror of EU).

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By the way is half term in much of UK at the moment, so London session could be quieter. Also FOMC tomorrow (wednesday)

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Wonder if phx62 captured this move on Euro Aussie. I didn't was asleep! image Where are players likely to have their stops? Either side of high volume nodes. When price is gradually rising, liquidity will be build in the form of stops to the ...

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Was recently comparing spread bet charts on the 1 minute, with the 'real market.' Was amazed how spiky and volatile the spread bet market was. So just staying off the short time frames will give you an edge, as Big E pointed out

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Yes some people are. Others have added their own special tweaks to give them an edge, whether it be supply and demand, or channels, or studying candlestick patterns. TMS works very well in trending markets, not so well in range bound markets. Also ...

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Its the fundamental market structure, and its participants that create these patterns, which I'm more interested in.

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Yes here is EURAUD M15 and I have a lime green line which has been acting as a floor on EURAUD over the past few days excepting a few false breaks below it (simply no volume below - no buyers or sellers). My feeling is that institutions will be ...

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Well I'm not an expert on MP by any means. Hopefully another tool in the armoury, but there is a correlation between low volume area's of the chart and supply and demand which will 'frame' the market in the short term, obviously as price reaches an ...

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You were basically trading into supply above. Your bias on these areas of the charts needs to be short. Also from a market profile aspect, the orange area would represent a 'low volume node.' What I've started doing is start projecting low volume ...

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Worked a treat, thanks!

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Great trade as always omonisha On the short time frame chart that is the pullback into demand I mentioned a few posts backs. Wait for 'fresh' demand and then the pullback. image

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What EA or range indicator are you using for range bars Bizzzle? Never had much success getting them to work on MT4

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Squeezes on one minute FTSE can be fun (but intense). Watch the liquidity above build , and boom, the floor gives way (especially if there is a relative vacuum below). image As long as people understand its not all about candlesticks and fibs etc ...

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Good to see you back Bizzzle!

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Another great trade with liquidity just above

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That I likey. Nice pull back to supply.

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Good trading Omonisha. GBPAUD looks as though its in an accumulation phase. The problem with accumulation is that we don't really know whether its buy or sell contracts being accumulated. So its appropriate to move onto lower timescale (M30 I ...

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Just to note that the indicators don't always draw correct supply and demand areas. However they do a good job at 'simulating' supply and demand. For example, a pivot high or low is not supply and demand which the indicator will high light, however ...

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Hehe, great places to get long. Also notice the pullbacks below the MBL.

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