Get started

Supplyanddemmand

GBP/CAD Short - 31 Oct 2022 | Hybrid Move Result +3.00%Hey traders, Yesterday the GBP/CAD short bias was shared, today I want to show you a bit behind the scenes of our trading style. First of all, everything in your trading plan should be mechanical: 1. The zones we draw are always from the same imbalance candles (our indicator) 2. The entries we take are always provided by our entry script (our indicator) 3. Stoploss & Targets are always the same by our formula (see tool on screen) These 3 things already can turn you profitable in trading, if of course you tested your strategies a thousand times like we did. --- GBP/CAD was a beautiful monthly and daily supply stack! On the 4hour we did see price tap our zone last wednesday, however it was just a spike and the entry candle did not form high enough by our mechanical rules.. not gonna share the boring details. The risk to reward we use is always 1:3 and that is exactly what we did see with this setup. Hope you like this insight! Kind regards, MNieveld
by newcapitalfx
EURGBP: WAIT !!! DON'T BUY TOO EARLY!!!. we still have a sellside inefficiency and price still need to rebalance it before finally going bullish on EURGBP. It is of no doubt that we're currently bullish on EURGBP, price is currently looking to fade into a large TF premium Arrays before finally displacing lower. Confluences : 1. we previously had a bullish displacement on the weekly TF leaving a bullish order block behind, price has been trading lower to of recent to mitigate the weekly propulsion block and that is a trend already on the daily TF. 2. On the daily TF, we had a displacement lower showing the interest of the smart money to sell into the weekly propulsion block (IPDA). 3. The banks sell at premium and buy at discount. We're currently in a discount level of the bearish displacement price swing, and before we can expect the banks to sell we must see price trade into the premium P.D-Array of the bearish displacement price swing. 4. I'm looking for price to trade into the equal highs above after the fvg, as it is going to be a draw on liquidity for the smart money to offload the buy stops they've accumulated trading higher. 5. we also have an order block above the fair value gap, we're also likely to see price trade into that before we start building a bearish bias. Conclusion: On the one hour TF, you don't want to buy too early, price is still having a sellside inefficiency to fill in and it could even go all the way down to sweep the previous week low before finally trading for higher prices. Bullish opportunities are likely to be more profitable this week than shorts on EURGBP. StefanFX
Long
by stefan143
Where is that dollar going?Hi everyone, Let's talk about the next targets for the DXY . Within our community we've been watching this one since it created monthly demand, and re-used old monthly demand from a while back. Yet, I don't really care much where it is coming from, I care about where it is going. What you can see at the chart above is that the DXY is moving towards monthly and quarterly supply, which is around the 116 to 120 mark, from here I expect the bullish montly trend to atleast pullback for a few months or consolidate. But for now, more upside is likely as long as the weekly trendline and demand zone holds. If we're not moving for the upcoming 2 weeks, but stay above these weekly catalysts, the bias remains up. That's my view in a very small summary! Kind regards, MNieveld
TVC:DXYLong
by newcapitalfx
USDCAD Long in The Demand AreaHello Guys, before the price of USDCAD had made the double bottom which the price got rejected from that area untill make the "CHOCH" (change of the charecter) based on smart money concept it is mean the price ptentially will change the direction of trend, from the bearish to bullish. The last candle in 1 h timeframe shown the red as a corrective after getting the impulse and reach made the higher high. so what next move ? guys, if we look to the awesome oscilator, its look clear that the volume is above 0 % that sign for us that we are in bullish situation right now, regarding that we can focus to take BUY position. where the entry ? The corrective structure of the price is still on going and it will continue to complete until reach the nearest supply and demand. if we look to the right side we can get the price just broke the supply and demanf area around 1.35699-1.35565 and made "CHOCH" after get the higher high then the price will pullback to that supply and demand again to retest. then we can put BUY position at that zone when it pullback.
by FarhanZidan
S&P 500 E-mini FuturesSupply and Demand Supply and Demand is one of the core strategies used in trading. It focuses on the ancient laws of supply and demand and how price moves in a free-flowing market. The foundation of this strategy is that the amount of an instrument that is available and the desire of buyers for it, drive the price. It identifies zones on the chart where demand overwhelms supply (the demand zone ), driving the price up, or where supply overwhelms demand (the supply zone ), driving the price down. Most supply and demand traders wait for the price to enter these zones, where major buying or selling activities have taken place, before entering a long or short position themselves. I MOSTLY DO DAY TRADE BASED ON THESE ZONES. THE TIME FRAME I PREFER IS 2 MIN AND 5MIN TO TRADE THESE ZONES.
CME_MINI:ES1!Short
by bilalcista
AUDJPY Sell IdeaHere are my thoughts on AUDJPY coming down from the supply zone. We can see on the 4 hr that market structure is coming down and it went into accumulation and created liquidity. I also saw the liquidity was taken above the accumulation/consolidation and tapped into the 4 hr zone. From there I dropped to the 15 minute zone and saw that once price tapped into the 4 hr zone, it created inefficiency, took out liquidity, and had a change of character. Right now, on the retracement, it is creating liquidity and I'm thinking that it will take out the liquidity on its way back up to fill the ineffi,ciency then continue with the downward market structure.
Short
by BlackDiamondFX
1