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  1. #1
    Specialist Member marc's Avatar

    Supply/Demand Zones !!!

    Anyone of you already tried using supply/demand zones for trading BO?

    Here is a link to (a massive!) explanation of this fx-strategy ... and another link to an indicator, which displays that zones automatically ...

    http://www.forexfactory.com/showthread.php?t=428204
    http://newdigital-world.com/trading-...and-zones.html

    Quite interesting in my opinion ...

  2. #2
    Veteran Member hchandra's Avatar
    Nice share, this is basic of trading, in economy price moved by change in supply and demand,
    I like the indicator, this will help to create auto supply and demand level, but personally still like to draw it manually.
    Will come back again after I get the indicators and try it.

  3. #3
    Veteran Member hchandra's Avatar
    Here is before and after chart (my zone marked by pale green color).
    I think the indicator maker really genius, can't understand the code and its suppose to be hard,
    Well we have same rules it seems to determine which supply - demand level to use.



    Last edited by hchandra; 01-26-2014 at 09:42 PM.

  4. #4
    Specialist Member marc's Avatar
    The zones seem to mark strong bounces, but I don't know, how it's done exactly ... but it follows the rules of Sam Seiden, some Guru which trades/teaches that strategy

    I think this indicator is very useful ... after I understood, that the zones can be broken(!) and will vanish/change the color then!

  5. #5
    Specialist Member marc's Avatar
    Quote Originally Posted by hchandra View Post
    ... but personally still like to draw it manually.
    How do you draw your zones manually? ... do you look for major price movements? ... S/R levels? ... at different timeframes? ... anything else, I should look for?

    And more important: do you think, that this indicators performs well, compared to your own drawings? ... that would make life a lot easier

  6. #6
    Veteran Member hchandra's Avatar
    Well, you already mentioned the person name lol,
    I follow the rules given by him, make it simple buy when price go down to bottom range, sell when price at top range. Hunt for continuation.
    Control the damage when price move outside of the range we create and always pray price shoot up as no one can predict 100%

    Personally I like the indicator for addition only because its our job to determine which one strong level or not,
    1 key, look for higher time frame because when the "Titanic" bounce from supply or demand level its unstoppable.

    Note: USD index bounced perfectly from the demand zone. Because of fed taper? or because of the zone?, no reason to know I think because if zone broken then its broken, if price bounced from the zone then it bounced. Reason come last.
    Last edited by hchandra; 01-30-2014 at 04:08 PM.

  7. #7
    Specialist Member RCox's Avatar
    People adverse to technical analysis like to disregard zones like these but the fact is that it is no different from any other market: people tend to buy things when they are cheap and sell them when they are expensive. This is all these charts tell us.

  8. #8
    Veteran Member hchandra's Avatar
    Quote Originally Posted by RCox View Post
    People adverse to technical analysis like to disregard zones like these but the fact is that it is no different from any other market: people tend to buy things when they are cheap and sell them when they are expensive. This is all these charts tell us.
    Nod Nod, remembering mistakes from the past, tried to swing around the cool tools but in the end...
    its about supply and demand where people who know cheap things and expensive things come into the market.

  9. #9
    Junior Member
    you can also use bullish/bearish engulfing patterns to draw supply and demand manually.

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