The5ers1's Inlägg

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 30, 2019 at 08:35

As we can see on the H1 chart, the price just creates a fresh supply above.It seems that the price now on its way to reaching the demand below.If the price will retrace the supply above I'll sell there,The target will be the demand below which is also a great level for buy position.https://www.tradingview.com/i/StyF1u3y/

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 24, 2019 at 10:03

As we can see in the H4 chart, the price creates a fresh demand below which also Quasimodo pattern.This demand has changed the bearish momentum to bullish momentum,As it seems now, the price tends to reach the supply - 1 and maybe even the Supply level - 2.If the price retraces the demand below I'll buy there,My first target will be supply level - 1 and the final target is supply level - 2.https://www.tradingview.com/i/qbPrTwiI/

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 15, 2019 at 11:04

After the UK election results, the GBP/USD has a nice rally which creates new fresh demand,This demand is a great level for a continuation buy position.I'll buy this demand and the final target will be the supply above on the Weekly chart.https://www.myfxbook.com/files/The5ers1/gbpusd_buy_opportunity.jpg

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 11, 2019 at 11:47

As we can see a few hours ago the GBP/USD price creates new supply.This supply seems like a great level for sell position.I'll sell at the supply on the first touch of the price.The first target will be the demand below and the final target will be the demand at the bottom.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 08, 2019 at 13:22

The price creates a fresh supply above which also 0.236 Fibonacci level of the last drop in the price.It is a great level to sell CAC40 Index on the first touch,The first target will be demand - 1 and the final target is demand - 2.https://www.myfxbook.com/files/The5ers1/cac40__fibonacci_levels.jpg

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 04, 2019 at 12:46

The USD/JPY price created a fresh demand below,This demand also creates a Quasimodo pattern which is a reversal patternI'll buy at this demand on the first touch of the price and the target will be the supply above which also a great level for sell position.Both options are relevant for day trading.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 04, 2019 at 09:16

As we can see in the H1 chart, the SPX500 has open the previous trading day with a huge GAP which creates fresh supply,There is also significant MACD divergence which lasts almost 2 months.The fresh supply above also change the momentum from bullish to bearish .I'll sell at the supply above on the first touch.The first target will be demand - 1, and the final target will be demand - 2.https://www.myfxbook.com/files/The5ers1/spxdivergence.jpg

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Dec 01, 2019 at 08:42

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Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Nov 26, 2019 at 13:38

On the weekly chart, we can see how the candle from 2 weeks ago has ended as a bearish engulfing candlestick.It indicates that the long term bearish momentum is still continuing.On the H1 chart, we can see a fresh supply above which is a great level to sell and join the long term bearish momentum.I'll sell at this supply and the target will be 1.0700 zones.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Nov 21, 2019 at 13:12

The price is still bearish .In the H4 chart, we can see the significant demand below which is a great level for long term buy position.The target for this buy position will be 10.000 zones.In the H1 chart, we can see a fresh supply above, as long as the price didn't touch the demand below I'll sell at the supply.The target for this sell position will be the demand below.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Nov 17, 2019 at 14:29

The SPX500 has reached a new record last week.The price has a significant divergence with the MACD indicator which indicates for a reversal opportunity.If the price will breakout the support below it will be the right signal to look for a price action setup to sell the SPX500 index.The demand at the bottom will be the target for this position.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Nov 11, 2019 at 13:04

As we can see in the D1 chart the price creating a symmetric triangle pattern .If the price will breakout toward down it indicates the price tends to reach the demand below and I'll look to sell.If the price will break toward up I'll look to buy GBP/JPY .

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Nov 03, 2019 at 13:40

USOIL price is between two critical levels which are great for day trading.The demand below seems like a great level for buy position and the supply above seems like a great level for sell position.We should be aware of the OPEC outlook released on Tuesday.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Oct 24, 2019 at 07:44

BTC/USD price is in bearish momentum.The current support is holding the price for the last three weeks.If the price will break this support I'll look for a price action setup for sell position.If the price will move up to the supply above I'll sell there at the first touch.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Oct 14, 2019 at 15:24

Combination of CCI Divergence and Fresh Demand.Monday 14/10/2019GBP/JPY has a significant rally of about 700 pips in the last few days.For the long term, it seems the GBP/JPY price has changed the momentum from bearish to bullish.The price reached a new high for the past 3 months.So for the long term forex traders, I’ll recommend looking for a buy position.In the M30 chart, we can see a fresh demand below which can be the first level to look for buy position.Also, we can how the price move down and creates a lower low while the CCI indicator creates a higher low.Between all indicators, C...

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Oct 10, 2019 at 12:52

A Confluence of Fresh Supply and Fibonacci 61.8% Level.Thursday 10/10/2019In the H1 time frame chart, the DAX index seems to be bullish.But in the higher time frame, we can see that the price has just become bearish,This means that the uptrend we see at the H1 chart is only a technical correction for the higher time frame.Among all the majors Indicies on the world stock markets, the DAX seems to be the weakest one,Therefore, I’ll look for a signal and the right level to sell the DAX index.The supply above seems like a fresh one, we can see how the price has a gap down from that level,Tha...

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Oct 08, 2019 at 11:49

On the D1 chart, we can see how the price performed a descending triangle pattern,The bottom line of this triangle has broken out two weeks ago by a new fresh supply created.this supply is a great level to sell BTC/USD as a long term continuation trade,The demand at the bottom will be the target.

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Oct 06, 2019 at 10:35

USD/CAD price performed a symmetrical triangle pattern on the Monthly chart.The price range becomes very tight, it seems that very soon the price will have to pick a direction and to break the pattern.It is very rare to find a triangle pattern on the monthly chart,If the price will break the pattern toward up I'll look for a price action setup to buy USD/CAD .If the price will break down the pattern I'll look for a price action setup to sell USD/CAD .The demand below on the monthly chart is the target for the sell position,The supply above is the target for the buy position.The demand ...

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Oct 04, 2019 at 08:07

XAU/USD – Key Levels For Swing Forex TradersFor the swingers among us, we can see the XAU/USD is bearish .For now, the price is between two Quasimodo levels.Quasimodo pattern is one of the most powerful reversal patterns.The supply above is a bearish QUASIMODO pattern and a great level for sell position.The demand below is a bullish Quasimodo pattern and a great level to buy XAU/USD .

Supply&Demand Price Action By The5ers Prop trading Fund på Erfaren Traders Sep 25, 2019 at 13:54

The price has performed a double bottom pattern on the D1 chart,Also, while the price created the double bottom the MACD created a higher low, which's called MACD divergence.The combination of double bottom and MACD divergence creates a great setup for buy position.If the price will break the resistance above I'll look for a buy signal,If the price will move down toward the demand below I'll buy at the demand,For both options, the target will be the resistance at the top

EURUSD	1.1331	GBPUSD	1.3287	AUDUSD	0.64628
USDJPY	144.276	USDCAD	1.38073	USDCHF	0.82354

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