Afonso, I remember Seiden saying that if the spread widens then that's a good sign. This is because it widens to scare you out, since there is too much competition to buy at these prices.

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, Do you have a track record of the win percentage of your trades if looking for 1:1. I know you target bigger R:R, but was wondering if looking for 1:1 would give more than 50% winrate. If you don't know, maybe some people from the ...

Supply and demand in a nutshell by Alfonso Moreno

When your Daily demand zone is taken out and you are stopped out, are you sure a weekly/monthly supply level is not in control? This may be the one and only reason why a daily level doesn't work out. I have failed this way before. Check if a higher ...

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, Am I drawing this monthly demand zone correctly in the USDNOK. It seems to me that it is a valid zone since it took out previous supply zone image Thanks, Boris

Supply and demand in a nutshell by Alfonso Moreno

I would go for the red line. It's an obvious valley, so that's a good enough reason for me. Would be interesting to see what Alfonso will say about it though...

Supply and demand in a nutshell by Alfonso Moreno

Monthly supply is in control image Weekly - new lower low. I'm not sure how to interpret the weekly here since we don't have any weekly zone in control image So, overall trend is down and looking on the daily to short. Daily - we have a fresh ...

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, In the GBPCHF the overall trend is down and we hit a daily supply level yesterday. Is this a valid short actually? I can't seem to find a reason not to short at this level. Could you please comment on that? Thanks, Boris

Supply and demand in a nutshell by Alfonso Moreno

Does anyone know whether LMAX is suitable for trading news breakouts. LMAX has been suggested to me that it's pretty much one of the best choices when trading news because the spread doesn't widen too much. Since this is the most important thing ...

LMAX

Alfonso, I have an interesting question about this exact situation. Obviously our zone has been taken out. However, since we added some wiggle room to our stop loss, it was not hit. Now, once price gets back to your entry, do you close your trade? ...

Supply and demand in a nutshell by Alfonso Moreno

Weekly trend is clearly up. We have 2 consecutive higher highs and lows. So therefore it is best to wait for a fresh monthly area to short it - which comes around 1.21 The monthly supply zone that you pointed out is not supply since there was no ...

Supply and demand in a nutshell by Alfonso Moreno

This is the monthly chart (top left corner) This is how I see it...Let me know if I missed something image Thanks

Supply and demand in a nutshell by Alfonso Moreno

Thank you, Now it's clear that candle 2 is not demand I guess. Could you please point out where is the nearest monthly demand on my chart? Isn't it candle 1?

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, Could you please help me understand something here. On the USD/SGD monthly chart: Candle 2 is the one that causes the removal of the monthly supply level on the left. Candle 1 however is a 50%-candle and is below Candle 2. Which in this ...

Supply and demand in a nutshell by Alfonso Moreno

These charts are old. Are you sure you used the right ones? Price is currently within your weekly supply zone? Is that a valid supply zone actually, cuz it did not remove an opposing weekly demand zone? It only made a lower low...

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, Do you use NY closing charts? And if yes, why? Boris

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, During the webinar I couldn't find the chat window so was unable to see or ask any questions. I couldn't find a way to open any chat window. Has there been a problem with any other members with the chat before, or the problem is only ...

Supply and demand in a nutshell by Alfonso Moreno