The5ers1's Posts - Page 4

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Apr 11, 2019 at 10:40

The key levels that marked on the chart are the next fresh supply and demand for now, each one of those levels seems to hold unfilled orders, and each one of them is a great level for Position on the first touch, I'll buy if the price hit the demand below, and sell if the price hit the supply above, that's the meaning of "buy low and sell high", for both position the target Will be the opposite level, the target for the buy position will be the supply above and vise verse,

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Apr 09, 2019 at 05:50

Usually, when the price is in bullish momentum, the only thing that can stop this momentum is a strong supply level with a massive amount of unfilled orders, on a daily chart on USDJPY, we can see that the next fresh supply is only at 113.00 zones, therefore, I believe that in the long terms the price tends to reach there and for that reason I'll look for a Continuation level to join this momentum, the demand below seems like a great demand for buy position as a continuation trade, it is also 0.382 Fibonacci level, the combination of These two reasons creates a great opportunity for buy po...

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Apr 08, 2019 at 06:25

It seems the bearish trend in the 1Hour chart has ended, the price now start to creates Head & Shoulders pattern, which is usually a reversal pattern, for now, the pattern is almost Completed, if the price will breakout the confirmation zone which is also the neckline of the pattern, it indicates the price tends to reach the supply above, in case the price will break The resistance above I’ll look for price action setup for buy position, the target will be the supply at the top which is also a great supply of sell position,

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Apr 05, 2019 at 06:03

First, SPX500 just arrived into supply level, Last time the price reach that level was in October 2018, that level is the record for SPX500 and the price drop from that level, also, we can see a very clear divergence between the MACD indicator and the price, by the time the price creates higher high, the MACD shows lower high, that divergence indicates that this Recent uptrend is powerless, in one of my previous post on SPX500 this level seems also like a Quasimodo level on a weekly chart, bottom line – it’s a great level to sell SPX500 as a Long term position.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Apr 02, 2019 at 07:29

A gap in the price can indicate sometimes on supply or demand levels, usually, the price tends to close gaps, for the long terms the DAX index seems to be in bearish momentum, both Levels, the supply above and the demand below start with a gap, and both are great levels to look for position, I’ll sell at the supply and I’ll buy the demand, that’s the meaning of sell high and buy low, my target for the buy position will be the supply above, and the target for the sell position will be 11040.00 zones.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Mar 21, 2019 at 07:00

In 15 minutes chart on the DAX index, we can see a possibility of Head & Shoulders pattern to be created, if the price won’t break out the neckline which is Where the price now, and start to move up toward the supply above I’ll sell at this supply, I’ll sell there particularly because it’s a supply with sell orders Waiting there, but also because it can complete the right shoulder of the Head & Shoulders pattern,BTW- if the price will break out the supply above I’ll sell again at the supply at the top.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Mar 13, 2019 at 07:14

For the long term traders and the swingers among us, the EURUSD is bearish at the moment, which means, I’ll prefer to look for sell opportunity, It seems the Price on his way to reach 1.0900 zones, the supply above seems like a great continuation level for sell position, for now, it looks like the price compress Toward this supply, I’ll sell at this supply on the first touch and my target will be 1.0900 zones.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Feb 21, 2019 at 10:50

Those are the next levels to look for a position on USDCHF , the supply above is a great level for sell position, if we look carefully, we can see that is the price Will move up toward the supply now, it might create the right shoulder of Head and Shoulders pattern. the target for the sell position will be the demand Below, which is a great demand for buy position.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Feb 15, 2019 at 13:02

As we can see, the demand below has changed the BTCUSD momentum from bearish to bullish , the price broke out the last high of the bearish momentum, as The price compressing down toward the fresh demand below, I'll sit and wait for the price at the demand below, if the price reach that demand I'll buy there. My target will be the supply above which is also a great level for sell position.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Feb 10, 2019 at 07:56

As we can see in the attached picture, the DAX index drop down from the last high and create a lower low in one movement, that drop created a new fresh supply above which is the Quasimodo level, I’ll wait for the price to return back that supply and I’ll sell there, my target for this swing position will be the demand below,

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Feb 04, 2019 at 08:20

The BTCUSD price is just about to hit a great demand soon, I'll buy in the first touch in this demand, and the target for this position will be the supply above which is a great supply For sell position, both levels are relevant for swing traders,

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Jan 31, 2019 at 15:19

As we can see, the supply level I marked on the USDJPY chart is a new fresh one, the price drop from that level which indicates on unfilled orders still waiting there, Therefore, if the price will That supply I'll sell there, my final target will be at 105.50 zones,

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Jan 29, 2019 at 07:24

I have marked on the chart the Compression area in a channel, as we can see the USDCHF price now goes against that compression area from the left, Compression is a situation Where the price moves up or down easily and slowly, picks all the orders on his way, struggling to move up or down, when the price goes against Compression it usually safer, above Us, there is a great supply level, I'll sell at this supply if the price retrace there and my target will be the demand below.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders Jan 27, 2019 at 14:50

After a long stamping, the XAUUSD price finally broke out the resistance at 1297.00 zones and creates a new fresh demand which I marked below, it seems the price tends to reach the supply Level from the left at 1315.00 zones, we can see that on a daily chart, the demand below is a great continuation level of buy position, as long as the price didn’t reach 1315.00 zones, I’ll Buy at the demand below and the target will be 1315.00 zones,

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders 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.The5ers Tradingview Channel

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders 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.The5ers Tradingview Channel

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders 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.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders 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, a...

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders 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.

Supply&Demand Price Action By The5ers Prop trading Fund in Experienced Traders 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.

EURUSD	1.08525	GBPUSD	1.27085	AUDUSD	0.66638
USDJPY	156.155	USDCAD	1.364	USDCHF	0.9106

Posts by The5ers1