This principle attached does a very good job in SUPPLY/DEMAND areas because neither the OBV or CVI lag. The onething I do say about this principle is that it never lags, but you can get some early entries. Always wait for price to hit the HTF (high ...

Need help to make Cumulative Volume Index indicator for MT4

Here is another example of price continuing to go lower, but the volume continues to rise. This shows the accumulation of volume in a key SUPPLY area. BUYERs buying and sellers tryin to push price lower. But once all the sellers are dried up. Price ...

Need help to make Cumulative Volume Index indicator for MT4

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Need help to make Cumulative Volume Index indicator for MT4

The very first part is to learn about the SUPPLY/DEMAND levels on a chart, this involves learning about price action and key areas where price has found trend, reversal or consolidation. Personally I don't use Cumulative, I use OBV (on balance ...

Need help to make Cumulative Volume Index indicator for MT4

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Need help to make Cumulative Volume Index indicator for MT4

Thats exactly why I didnt include all the things you think I should include, because you could pull it up after the consolidation periods formed on your chart. Not giving a clear indication of your analysis with what you see right now. If you notice ...

Price Will Tell - Supply/Demand Price Action Trading

Hey Simond, What do you use to help confirm price breakouts or stays in the consolidation phase ? Personally use OBV, and find it helps and of course price action. But what specifically is it when you know how price will break key areas. I still ...

Price Will Tell - Supply/Demand Price Action Trading

Beauty analogy, very powerful psych aspect. Love seeing your perspective.

Twelve widely believed forex myths

this one on the new Mt4 build-788 doesnt seem to be working, Im not able to apply it to the chart any suggestions ?

ReadtheMarket - Supply and Demand with Price Action

meow

Binary Options BackTester?

agreed, working smart is the key, it doesnt come over night needs time and commitment.

Having second thoughts!?

But As a young trader yes, but the main key is to realize that the big banks don't care about setups, and unless your sitting with them you CANT expect perfect results. I have gone through many periods in my earlier days. The emotional roller ...

Having second thoughts!?

just a piece to add, now that metrader, updated mt4 to mt4- 788 it gives you the ability to download indicators for sale on the MLq marketplace and Run visual back tests on them. Could spend many hours looking for something that works over 1200 ...

A question to all you indicator traders

Quantify breakouts or fake outs ? The key would first be to identify what is it that price is breaking out from ? Are we talking ticks, to 5 min TF to Weekly TF. Watching the tick chart might show weakness in price movment, bound for reversal but ...

Quantify the market - breakout or fakeout

That sums it up, exactly. Kinda funny to add, I was just looking through some of those "trading threads" tonight when I couldnt sleep and thinking to myself 50,000+ plus replies ? Thats crazy!!If it works everyone should be a millionaire hahaha. But ...

A question to all you indicator traders

Things to look for Time of day - this occurred prior to the opening of the USD, with no major news events Price hit this area 4 times prior (only 3 times showed on the chart) On the 3rd time, price didnt make the full bounce into high DEMAND area ...

Price Will Tell - Supply/Demand Price Action Trading

where do I find these threads ?

Usefulness of On Balance Volume

Here is another example, price broke the S/D zone, tried to retrace back in but was rejected

Price Will Tell - Supply/Demand Price Action Trading

isnt that the point of this thread ? To discuss the meaning of S/D ? In the chart you provided price breaks the key area of 1.091- 1.0915-set yesterday. Broke the area and tried to retrace back in, but was rejected. Hence the continued fall

Price Will Tell - Supply/Demand Price Action Trading