Supply And Demand


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Piper

Guest
foreigner said:
..Let me think, oh yes thats it STOP TAKING.
..
You think(tough could probably deny that :eek:)? Usually point making with caps points otherwise... ;)

foreigner said:
BEcuase if it was just about orders stacked at reaction levels we'd all be rich right?!

Call it what you like, supply and demand is a truism, its a half truth, and youll tie yourself in knots trading this without understanding the abstract to the concept which to me are liquidity pools.
Yeayea,cause to draw some squeaky lines trade it by 18 and 9 sma crossover on daily when it confluences with fib range levels and some "hidden" lvls :eek: with by 20 50 80 00's when it confluences with an asia top/bottom knock out and apply some market profiles to rallies and drops and orderblocks is the key. Mix it up with some COT charts and bond analysis the DX,and you'll get knowledge! Sounds simple enough (if it works for you and fits you,still i'd like to emphasize that then its fine ).. 8) Can you show a few live charts before the fact with orders on? ;)
 

AusDoc

Well-Known Member
Piper said:
... Pick any ema above 40 and below 90
1. Moav(trend) up,buy supply below or on ema.
2. moav down sell demand above or on ema.
3. Ema flat (rangetrading yay) trade sup/dem below/above ema .
3. 2-3 pip s/l above supp/dem.
4. Target is next supp/dem.
5. profit
Yep, sound and simple, love that :-* principle.

Again though, like I said above, not exactly new. This is the age-old buy dips in up trends and sell rallies in down trends. The MA summarizes and describes price which is then interpreted as up, down or sideways market direction (this is not necessary since PA can be read directly, but it can be a helpful tool).

The virtue here is a simple and practical guide to implementation. Whether or not you choose to interpret PA as support and resistance, or order blocks, or supply and demand, or buy and sell zones, or any of the other various labels that are used doesn't really make much difference. At the end of the day there is nothing new under the sun, as they say. The trick is to make it work. :)
 

the golden gun

RINSE & REPEAT
I'd like to see more price moves called in advance from everyone involved in this thread.

All Bark, No Bite. Just like every other trading forum, lol
 

foreigner

Est. 12480 Hours and Counting
Piper said:
Can you show a few live charts before the fact with orders on? ;)
No but I can tell you I didnt get stopped out of this trade ;)

foreigner said:
Practicing what I preach..



Thanks to ICT for reflection pattern, Rod178 for KSRfigures, Ausdoc and Hopiplaka for inspiration and last but not least, buy stops for liquidity.
 

AusDoc

Well-Known Member
the golden gun said:
I'd like to see more price moves called in advance from everyone involved in this thread.

All Bark, No Bite. Just like every other trading forum, lol
I do hope you are joking :)

Pissing contests are for amateurs and juveniles. They quickly attract the wrong crowd like flies to an Aussie barbie. If you want bite, chew on the market. If you have something to prove, make your fortune. GLGT ;)
 

rod178

Well-Known Member
Yes, all just a twist on the same basic principles.

Sam's Supply and Demand or ICT's Order Blocks, Trading Inside the Range. The implementation is the issue, rather than the terminology.

Additionally, I've come to the conclusion that Stop Hunts usually require a liquidity catalyst, such as a News event. Consequently I'm now more inclined to place stops tight with the Order Block unless there is pending News

The Questions always remain:
Which Order Block for Entry and which for TP(s)?

Stop Hunts and missed or early TP are sometimes confused with the wrong Order Block(s) being identified.
 

foreigner

Est. 12480 Hours and Counting
AusDoc said:
I do hope you are joking :)

Pissing contests are for amateurs and juveniles. They quickly attract the wrong crowd like flies to an Aussie barbie. If you want bite, chew on the market. If you have something to prove, make your fortune. GLGT ;)
Pissing contests now theres a blast from the past lol

rod178 said:
Stop Hunts and missed or early TP are sometimes confused with the wrong Order Block(s) being identified.
What do you mean by this Rod? could you elaborate a little?

Cheers
 

the golden gun

RINSE & REPEAT
AusDoc said:
I do hope you are joking :)

Pissing contests are for amateurs and juveniles. They quickly attract the wrong crowd like flies to an Aussie barbie. If you want bite, chew on the market. If you have something to prove, make your fortune. GLGT ;)
This thread turned into a pissing contest before I even showed up. But instead of a battle of actual trading skill, it's just the egos on the frontlines, arguing about theoretical knowledge that they probably don't even put to use consistently.
 

rod178

Well-Known Member
foreigner said:
What do you mean by this Rod? could you elaborate a little?
Once upon a time, long long ago I considered pin bar wick tips good potential places for a stop hunt, say 3 pips from the wick. I then realised that looking further left there was often an order block, which was probably the true liquidity target. Consequently the Order Block is most probably the driver imho. Obviously placing a stop near a wick when there is a stop encompassing Order Block to the left is not, imho, a good idea. It is however a good place to TP. The ideal is a wick that barely enters the Order Block to its left, so higher probability that there will be a deeper breach of the Order Block the next time around.

Note that I am not referring to 'clean' extended tops or bottoms, which are often places of stop liquidity. Additionally not referring to stop hunts to take out wick tips that are facilitated via News liquidity. Often both go together.
 
P

Piper

Guest
foreigner said:
No but I can tell you I didnt get stopped out of this trade ;)
So once in a month and a half it happens. Good for you.. :p
I didn't either..Try this next time :p The order tickets included,was a nice few hundredish pip day. :thumbsup:

the golden gun said:
This thread turned into a pissing contest before I even showed up. But instead of a battle of actual trading skill, it's just the egos on the frontlines, arguing about theoretical knowledge that they probably don't even put to use consistently.
Its fun once in a while.. :D
Now about consistency..i'm Having my dips now and then... ??? But each failure is a new learning opportunity.
 

Attachments

Alpha-Bet

Well-Known Member
supply/demand zones are just another tool in the traders tool box.
confluence helps tip the probabilities to the advantage of the trader.
 
P

Piper

Guest
So, instead of pissing lets do something useful.. ;) I love the two legged clowns that not really giving value at all to anything but they are inspirational with their sheer stupidity.

Lets combine the orderblock concept and my previous system with an sst to filter signals and remove the moving average to simplify and really finetune it all!
Rules:
1 To buy ssto have to be below 50
2 to sell ssto have to be above 50
3 To sell/buy Sup/dem must be touched.
4 1st touch only, then sup/dem is no longer valid ("killed" since liquidity is absorbed pretty much)
5 sl 5 pips above/below sup/dem
6 target is next sup dem when its either overbought or oversold (above/below 50)respectively.
7 R:R must be 1:1 at least.
8 profit

Use it on any tf u want(tough would advise 5 min at least,15 even better)
I think that this is a kickass system that's better then 90%-95% of the things that you'll find out there. Time to make a new thread for the greater good :D
 

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P

Piper

Guest
Alpha-Bet said:
supply/demand zones are just another tool in the traders tool box.
confluence helps tip the probabilities to the advantage of the trader.
Couldn't summarize it better :thumbsup:
 

BigLots

Member
foreigner said:
Let me think, oh yes thats it STOP TAKING.

BEcuase if it was just about orders stacked at reaction levels we'd all be rich right?!

Call it what you like, supply and demand is a truism, its a half truth, and youll tie yourself in knots trading this without understanding the abstract to the concept which to me are liquidity pools.
I don't know what your problem is buddy, but an "it's all good" mentality is better than being combative without nothing to back up nor contribute positively. Piper gave chart examples and it clearly illustrates my point of the zones, let alone what ICT has shown us. Why are you not contributing rather than mini trolling? I thought this place was a little different...seems it's the same - a microcosm of the real (trading) world - anal paraly-cysts abounding. Perhaps you would feel at home in Darkstar's wild west chat...I shudder when I recall the types there.....all theory, no money. But plenty of talk. Whatever, to each his/her own. Hence 95%'ers I guess.
 

BigLots

Member
the golden gun said:
I'd like to see more price moves called in advance from everyone involved in this thread.

All Bark, No Bite. Just like every other trading forum, lol

"Hear, hear!" - By Jeeves, I think he's onto something!
 
P

Piper

Guest
No brainer system seems to deliver(setup saved by a pip and a half).. :D
Now Troll with reality >:D
 

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the golden gun

RINSE & REPEAT
Piper said:
Time have spoken 8)

Kickin'ass and taking names, gotta luv the style!
;D ;D ;D ;D ;D ;D ;D ;D ;D :thumbsup:
I love when 2 methodologies point to the same areas of interest.

There is more to this on the Daily chart. This is in fact a nesting OTE, and 6820 is a very obvious key level to expect demand. Of course we're going to need some volatility injected for this thing to really take off... how about a GBP rate decision?

Right price, right time!
 

Attachments

P

Piper

Guest
the golden gun said:
I love when 2 methodologies point to the same areas of interest.

There is more to this on the Daily chart. This is in fact a nesting OTE, and 6820 is a very obvious key level to expect demand. Of course we're going to need some volatility injected for this thing to really take off... how about a GBP rate decision?

Right price, right time!
Yup,when you are using a good method that doesn't mean that you will trade it alone,it means that other good methods are probably going to give out those levels too and orders will stack up ;) hence the spike. The only thing that i do care,is that i'll be in that move in the right direction ,and i'll profit from it. Not the underlying reasons or whatever that it confluences with other methods.
My mentor once told me something really true :
"Stupid ppl over complicate simple markets,so no wonder they will fail."
 

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