Supply&Demand Price Action By The5ers Prop trading Fund

In this topic, I'll post trading ideas with key levels and analysis rely on fresh Supply&Demand for all pairs,
There will be ideas for the long terms and for short terms.

Looking forward to those

XAUUSD (GOLD) – The last rally for the gold has changed the bearish momentum to Bullish, the demand below seems like the critical level that creates that change, for now, It Seems the price tends to reach the supply above (1300.00), I’ll buy at the demand below And my target will be the supply above.
https://www.tradingview.com/i/gkB8NdqT/

Swing Key Levels USDJPY 21/10/2018
For the swingers forex traders among us, I marked the next key levels for sell position opportunity.
The USDJPY is bearish at the moment and it seems price gonna stay bearish until he will reach the support zone at the bottom. above there is a great supply for sell position as a Continuation trade, if the price will reach that level I’ll sell there, my first target will be the support below, and the final target for me is the support at the bottom.
The5ers Tradingview Channel

A New Fresh Demand In USDCHF 31/10/2018

As I predicted in my last post on USDCHF, the price still bullish and tends to reach 1.0200.
For the swingers who still hold the position from my last post, I would advise rolling the stop loss to 1.0005, the new demand that I marked below is a great fresh one for continuation Position, it’s another opportunity to join this bullish momentum, if the price will return to that level I’ll buy there and my target for this position will be also 1.0200.

Quasimodo Level For Intraday Position EURUSD 05/11/18.

As we can see, EURUSD has created Quasimodo level above us, for now, it seems the price tends to reach 1.1320 zones. i’ll wait to see if the price will return that supply above before Reaching 1.1320 zones, if that happens i’ll sell at this supply and my target will be 1.1320. it’s relevant for intraday forex traders.

For the long terms, the NZDUSD has changed the momentum to strong bullish, as it seems now the price on his way to reach 0.7000, the demand below that i marked on the chart Can be a great level of buy position as a continuation level, if the price will return to check that demand, i’ll buy there, the first target will be 0.6880 and the final target is 0.7000. this Position is relevant for long terms forex traders,

As we can see, the XAUUSD is between the supply above and the demand below, it seems the price is on his way to reach the demand below, if the price will return to the supply above Before hit the demand below, I’ll sell there and the demand will be my target, this demand is also a great level of buy position for long-term forex traders, when the price hit that Demand, I’ll buy there and for the long terms, my target will be 1290.00 zones.

Do you trade GBPUSD? I'd love to get your thoughts on it

ShamrockEire posted:
Do you trade GBPUSD? I'd love to get your thoughts on it

i'll post something about GBPUSD tomorrow

For the swing forex traders, I marked the key levels to look for a position on USDJPY, yesterday the price created a new fresh supply above us that indicates the price on his way to Reach the support below, if the price will return to that supply, it can be a great opportunity for continuation sell position, I’ll sell there and my target will be the support below.

I have the same view. My short term view on USDJPY is bearish but I missed the entry so I am waiting for the support level of 113.00 to be reached before going Long (my longer term view of USDJPY is bullish)

EURUSD – The new fresh demand that I marked below succeed to broke the supply from the 12/11, for now, it seems the price on his way to reach the resistance above, the demand Below is a great continuation level for buy position, I’ll wait for the price to buy there and my target will be the resistance above.

XAUUSD (GOLD) – The GOLD has created a new fresh demand recently, As we can see on the chart from the left, there is no reason for the price to stop until he will reach the Resistance above, if the price will return to check the demand below, I’ll buy there, in case the price will break that demand, I’ll wait for a new buy position at the demand at the bottom. in both cases, my target will be the resistance above.

For the long terms, as we can see on the daily chart , the USOIL -1.17% is in a strong bearish momentum, I marked the next fresh supply&demand as a critical key level to look for a position, Above us there is a great supply level which can be a continuation of sell position, if the price will return that level I'll sell there, my first target will be the demand below, and the Final target is the demand at the bottom. as a price action forex trader, I trade only with limit orders.

As we can see for the short terms, USDJPY is bullish, therefore I’ll prefer to look for buy position and join the bullish momentum, I took the recent bullish wave, and use the Fibonacci Series to decide where is the best price to buy, at the moment we can see the retracement of the price, and the 50% Fibonacci level looks like a great level of buy position, as a technic Analysis forex trader I always prefer to look for more indications at the price, in that case, the 50% level is also a fresh demand level, therefore, if the price will keep move down to the 50% Fibonacci level, I’ll buy there, and my target will be the 100% Fibonacci level.

As a swing trader in the forex market, I always prefer to mark the key levels supply&demand before and be ready with a limit orders, the supply above us, is a changing momentum one, this supply start the bearish momentum, I’ll wait for the price at this supply to sell, for now, the price struggling to move up, and as long as the price will keep struggling it Indicates the buyers have no power in this uptrend, and it’s safer to sell at the supply above, my first target will be the support below, and the final target is the demand at the bottom Which is also a great level for buy position.

As we can see on the 4H chart, there is a potential that the price will create a Head & Shoulders pattern, If my prediction that I marked on the chart will come true, we will see the Head & Shoulders pattern up there, the reason I’ll sell at the supply above is not the pattern, I’ll sell at this supply because it’s a level with unfilled orders waiting there for the price To come back, Also, this supply has changed the bullish momentum to bearish, this supply created after this week starts with a GAP at the price, I’ll sell high and buy low, meaning, I’ll sell at the supply and my target will be the demand below.

As a swing forex trader, I usually take Sunday to get ready for the upcoming week, I choose the USDCAD because for me, as a price action trader, the picture is very clear, The supply Above seems a strong one, the price drop from that level and even succeed to break the demand from the left, I'll wait for the price to return that supply and sell there, my target will Be the demand below which is a great level for buy position,