Supply And Demand

Discussion in 'Systems and Methods' started by Piper, Aug 4, 2014.

  1. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    thats how simple mm can be people just fuck up thinking too much same with trading .
    i buy dips i sell rallies simple s/d trading
     
  2. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    https://www.youtube.com/watch?v=cYrnoQBZFH0 watch this guys vids when got spare half hour simple .
    add trade times asia range ,london/ny open/close give yourself a edge by trading a weak pair against a strong pair .
    map out the news for the week before your week starts watch the week unfold .
     
  3. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    step forward my good friend ,we have one golden gun here top trader ,and humble arron on twitter .
     
  4. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    https://www.youtube.com/watch?v=iLkeiDoPmNg and this is how easy it is to scalp s/d
     
  5. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    and while we are at it t/a dont give you an edge. its utter bollocks fundies first t/a curve fits later .
    just like water trade with the flow (smart money )
     
  6. outthislife

    outthislife Well-Known Member

    Joined:
    Dec 21, 2014
    Messages:
    551
    lol order blocks.

    EDIT: I liked this one a lot.

    https://www.youtube.com/watch?v=ZIf28eUY4MY

    This guys voice = 8)
     
  7. rod178

    rod178 Well-Known Member

    Joined:
    Jul 16, 2013
    Messages:
    3,134
    Just for the title
     

    Attached Files:

  8. rod178

    rod178 Well-Known Member

    Joined:
    Jul 16, 2013
    Messages:
    3,134
    Still to get around to looking at this site, which was recommended to me by another Trader.

    http://readthemarket.com/index.php/education/education-videos
     
  9. rod178

    rod178 Well-Known Member

    Joined:
    Jul 16, 2013
    Messages:
    3,134
    interesting approach to marking up multiple tf s&D zones

    https://www.youtube.com/watch?feature=player_embedded&v=76j2kJhaAlw
     
  10. outthislife

    outthislife Well-Known Member

    Joined:
    Dec 21, 2014
    Messages:
    551
    So OBs and MBs aren't unique. The main difference I see is that ICT says it's pure manipulation, and s/d seems to be more about order flow.
     
  11. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    if you read thru some of the read the markets stuff they call the manipulation (it)instsitutional traders,smart money so no same concept .
    http://traderkingdom.com/trading-futures-education-topics/market-profile-trading-education/4749-how-to-track-institutional-trading-during-day-sessions
    nice post here with some charts showing retail and it,s
     
  12. outthislife

    outthislife Well-Known Member

    Joined:
    Dec 21, 2014
    Messages:
    551
    Interesting, thanks for the link!
     
  13. sqa

    sqa Village Scribe

    Joined:
    Jan 29, 2014
    Messages:
    2,201
    ICT has pointed out a few times the difference, since people keep accusing him of stealing it. As he's pointed out, S&D levels would be the "open", "untouched" or "first-return" OBs. Which do line up. Just as two indicators might both produce a divergence at a level or a Pivot Point and Previous High/Low line up.

    Though the differences are blatantly clear for anyone that actually got through Precision Series #1 and/or followed ICT during 2014. Order Blocks are actually specific valuation levels, not Ranges. Several weekly OB levels will produce 4 or 5 trades centered around them.

    So, yes, there is overlap. No, they are not the same. This hasn't ever been hard to figure out.
     
  14. outthislife

    outthislife Well-Known Member

    Joined:
    Dec 21, 2014
    Messages:
    551
    Defensive. There are obvious "differences" but it's so minuscule it doesn't even matter.
     
  15. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    https://www.youtube.com/watch?v=_sN99xFCBro more orders blocks ,zones s/d
     
  16. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    you mean just like in here
    what this guys been trading for years
    https://www.youtube.com/user/thetradersguild1/videos
     
  17. garry

    garry the art of war

    Joined:
    May 4, 2014
    Messages:
    710
    the reason i like s/d i can trade up and down ,i believe anyone with a couple of months can follow the basics like in keysers vids and make profit .just follow price .
    just do it people think too much .
    if you want get more precision then watch lj,s daily retest ftb and false breakouts . this guy i know he did take all his vids down but looks like he put a few back up ive emailed him to see if he will release one vid from way back called traders mindset which i will post .
     
  18. rod178

    rod178 Well-Known Member

    Joined:
    Jul 16, 2013
    Messages:
    3,134

    Maybe I'm opening "Pandora's Box" (nice girl and all)

    Nevertheless, I've always found the concept of an OB (hence entry or TP) being at an 'exact' price level difficult to accept, reasoning as follows -
    1) OBs can be open to discretionary interpretation
    2) if exact then why not use a stop of spread plus a couple of pips!?
    3) Dropping to a lower TF, say m5, more often than not is not possible (too much noise - ST consolidation, doji etc, ie read range) or does not improve the entry (say missed entry although reduced risk).
    4) Obviously FX Trading is not an exact science, "Shades of Gray", even more than 50.
    5) An OB exact price is similar to the concept of the 61.8 having some special meaning. It is just an approximate retrace and an OB is the same, a zone.
    6) I can find many more OB entries that are not 'to the pip' than those that are.
     
  19. sqa

    sqa Village Scribe

    Joined:
    Jan 29, 2014
    Messages:
    2,201
    @Rod:

    If it's a H1 OB trade setup, I normally trade them on 15 pip SLs. And that's only because I don't quite trust putting them on 10 pip SLs yet, even those they would work in a lot of my trades. Though that's also dependent upon the Price Action in the area. There are messier OBs and cleaner ones, as well.

    OB levels are quite similar to S&R levels. You need some gray area as we don't have any way to knowing the amount of Orders that have stacked at the area/if someone is unloading a position there.

    @garry: I checked out a few of the videos @ https://www.youtube.com/user/thetradersguild1/videos . Credit to them for actually making an intro and being professional. I'm happy they can trade with the S&D tool (with other confirmation tools). If it works for them, it works for them. But there's still significant difference between OBs & S&D Zones. Granted, they do overlap in a number of places, which both rendering potentially profitable trades.
     
  20. rod178

    rod178 Well-Known Member

    Joined:
    Jul 16, 2013
    Messages:
    3,134
    OK, so lets assume that there has been a strong move down, say 200 pips, and just before the move there was a perfectly defined bullish candle (no wicks) of 50pips.

    Supposing timezones and higher TF etc line up. Supposing there is no defiable OB under H1, is your entry the Open of the OB (bullish 50pip candle) with a stop of 15 pips?
     

Share This Page