Supply&Demand Price Action By The5ers Prop trading Fund
Dec 13, 2018 at 14:54
As we can see the GOLD is still bullish at the moment, the support level i marked on the chart is my confirmation zone, if the price will breakout this support it indicates momentum has changed to bearish and most likely the price on his way to reach the demand below, if the price will breakout the support, i’ll look for price action setup to open a sell position, my target will be the demand below which is also a great level of buy position for swing forex traders.
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Dec 17, 2018 at 12:37
First, I would like to mention that all GBP pairs are still under the impact of the Brexit issue and can be riskier than other pairs,
As we can see on the chart I attached, there is a great demand below us, this demand broke out the last high of the downtrend from the left with one fast movement, that creates a pattern called Quasimodo, usually very reliable pattern, I’ll wait for the price at this demand to open buy position and my target will be the resistance above.
As we can see on the chart I attached, there is a great demand below us, this demand broke out the last high of the downtrend from the left with one fast movement, that creates a pattern called Quasimodo, usually very reliable pattern, I’ll wait for the price at this demand to open buy position and my target will be the resistance above.
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Dec 18, 2018 at 10:55
Long-Term Price Action Analysis SPX500 28/12/2018
December 18, 2018
, The5%ers Fund
As we can see the SPX500 is bearish now for the long-term.
There are 3 scenarios that I'll wait for:
1 – The supply above is a great continuation level of sell position, if the price return to that supply I’ll sell there and my target will be 2480.00 zones.
2 – In case the price will break out the supply above I’ll look for price action setup for buy position, my first target will be the resistance above and the final target will be the supply at the top.
3 – If the price will reach the supply at the top I’ll open sell position there, this supply level can create a great risk-reward ratio since the target still be 2480.00 zones. also, if that scenario will come true, we will see the pattern Head & Shoulders creates.
December 18, 2018
, The5%ers Fund
As we can see the SPX500 is bearish now for the long-term.
There are 3 scenarios that I'll wait for:
1 – The supply above is a great continuation level of sell position, if the price return to that supply I’ll sell there and my target will be 2480.00 zones.
2 – In case the price will break out the supply above I’ll look for price action setup for buy position, my first target will be the resistance above and the final target will be the supply at the top.
3 – If the price will reach the supply at the top I’ll open sell position there, this supply level can create a great risk-reward ratio since the target still be 2480.00 zones. also, if that scenario will come true, we will see the pattern Head & Shoulders creates.
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Dec 19, 2018 at 08:53
The demand below is also the 38.2 Fibonacci level of the last uptrend, the combination of demand and Fibonacci level together is a great one, if the price will hit that demand i’ll open buy position, my target for this position will be the last high which is the 100 Fibonacci level. this position relevant for intraday forex traders.
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Dec 19, 2018 at 11:26
At the long terms, the USDCAD is bullish and seems on his way to reach 1.3620 zones, yesterday the price creates a new fresh demand that broke out The resistance zone from the past, that indicates on a strong and reliable demand level, I'll wait for the price at this demand, and if the price return that demand level I'll open buy position, my target will be 1.3620 zones. as a price action trader, I really like that setup.
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Dec 20, 2018 at 14:58
For the intraday forex traders, the EURUSD has created a great continuation demand of buy position, this demand has broken out a supply level which we can see from the left, it indicates the demand is a strong and reliable one, If the price return and hit this demand I'll buy there, my target will be about 100 pips above at - 1.1490 zones.
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Dec 24, 2018 at 15:13
USDCAD is a nice and long bullish momentum in the long term, for now, the CCI indicator is showing divergence on 4H chart, while the price creating higher high, the CCI creates a lower high which indicates that the bullish momentum is losing power, furthermore, the price is about to reach a supply level at 1.3620, the combination of CCI divergence and the supply level Is a great one, I'll open sell position when the price touch 1.3620.
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Dec 25, 2018 at 13:25
The5ers FX Fund
I am a fan of supply/demand trading as well. However, why do you blindly enter trade at zones. Why not go in with confirmation at lower timeframes, let us say 1h? That way you can probably avoid lot of losing trades. What do you think?
I am a fan of supply/demand trading as well. However, why do you blindly enter trade at zones. Why not go in with confirmation at lower timeframes, let us say 1h? That way you can probably avoid lot of losing trades. What do you think?
Dec 26, 2018 at 09:29
hsgfx posted:
The5ers FX Fund
I am a fan of supply/demand trading as well. However, why do you blindly enter trade at zones. Why not go in with confirmation at lower timeframes, let us say 1h? That way you can probably avoid lot of losing trades. What do you think?
Sometimes i'm waiting for confirmation at the lower time frame, but if i have a strong and clear level I'll act on the first touch
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Dec 27, 2018 at 07:23
The USDJPY is after a- 350 pips of a downtrend, as a forex trader I’m a big fan of Supply&Demand levels, I believe that it’s all about supply and demand, the supply above is a great Supply of sell position, it’s also a support resistance zone from the near past, and, it’s also the 61.8 Fibonacci level which makes it even stronger level for sell position, the combination Of a great supply and Fibonacci level usually very reliable one.
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Dec 31, 2018 at 07:13
As I wrote in my last post on SPX500, the long-term momentum is bearish and the supply above is a great level of sell position for swingers or long-term forex traders, as we waiting For the price to reach the supply above, the price created a new fresh demand which is a great demand for a day trade buy position, I’ll buy at this demand only if the price reach that Demand before reaching the supply above, my target for this buy position will be the supply above which is the supply for long-term sell position.
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Jan 02, 2019 at 13:32
The GBPUSD has created a new fresh supply above, this supply has broken out a demand level from the left (31/12) which make this supply even stronger one. for now, I believe the Price tends to reach the support zone below, this continuation supply above is a great level for sell position for swing forex traders, I'll wait for the price at this supply to sell, and my Target will be the support below, this supply can be also relevant for day traders,
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Jan 07, 2019 at 13:01
The support zone I marked below is my confirmation zone, if the EURUSD price will breakout that zone, it indicates the price on his way to reach the demand below, There is a 50 Pips buffer between those 2 levels, and 2 options to look for a position, the first option is to look for sell position after the price broke that support, in that case, I’ll look for price Action Setup for sell position and the demand below will be the target, the second option is to buy at the demand below on the first time the hit that demand, both options are relevant for Short-term positions.
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Jan 08, 2019 at 12:59
For the long terms, the EURJPY is at bearish momentum, just a few days ago the price created a fresh new supply above, this supply seems very strong and critical one since he broken A Significant support resistance zone, we can see that this support resistance was critical many times before, the supply above seems like a great continuation level for long-term sell Position, for the long terms I believe the price tends to reach 117.00 zones, therefore 117.00 will be my final target, I’ll sell on the first touch at the supply.
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Jan 09, 2019 at 13:39
As a price action forex trader, I trade only at supply or demand levels, those levels also function as a final target for my positions, in the picture I attached we can see the support zone Below, if the price will breakout this support it indicates the price tends to reach the demand below and maybe the demand at the bottom, if the price will break the support, I’ll look For price action setup for sell position, I’ll usually look for a new fresh supply that broke the support, and if I’ll find what I look for, I’ll sell there, my first target will be the demand Below, and the final target will the demand at the bottom which is also a great demand for buy position.
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Jan 10, 2019 at 12:44
As a price action forex trader, my trading decision based mostly on Supply & Demand, the EURUSD now is bullish, and if we look at the daily chart, we can see that the next supply is Waiting at 1.1720, therefore I believe the price will tend to reach there, in order to join this bullish momentum, I’ll wait for the price at the new fresh demand below, this demand is a Great continuation level for buy position, my target will be 1.1720 zones.
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Jan 23, 2019 at 07:27
The supply level above us is also Quasimodo level, Quasimodo consider as a very reliable pattern, usually, Quasimodo level creates a great Risk Reward ratio, the supply above has Broke out the last low of the bullish momentum that was before, the price did it in a very sharp and fast drop and in one movement which creates the Quasimodo level, I’ll wait for the Price to reach that supply, and I’ll sell there on the first touch and my long term target will be 1.6000 zones.
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Anhänge:
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Jan 24, 2019 at 08:25
As we can see, the GBPJPY is in bullish momentum for now and it looks like nothing can stop the price from reaching the supply above, the demand below seems like a great level to Join this bullish momentum, I’ll buy at this demand if the price retrace that level and my target will be the supply above which is a great supply for sell position, the long term target For this position will be 130.00 zones.
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