Supply&Demand Price Action By The5ers Prop trading Fund

Oct 09, 2018 at 13:54
8,614 zobrazení
127 Replies
Členem od Jul 24, 2018   127 příspěvků
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.


Přílohy :

We fund the top 5% forex traders
Členem od Jul 24, 2018   127 příspěvků
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 pattern
I'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.
We fund the top 5% forex traders
Členem od Jul 24, 2018   127 příspěvků
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.


Přílohy :

We fund the top 5% forex traders
forex_trader_745947
Členem od Jul 08, 2019   57 příspěvků
Dec 09, 2019 at 18:15
Look likes rocket science What's the benefit with it ?
Členem od Jul 24, 2018   127 příspěvků
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.
We fund the top 5% forex traders
Členem od Jul 24, 2018   127 příspěvků
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.


Přílohy :

We fund the top 5% forex traders
Členem od Jul 24, 2018   127 příspěvků
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/
We fund the top 5% forex traders
Členem od Jul 24, 2018   127 příspěvků
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/
We fund the top 5% forex traders
You must be connected to Myfxbook in order to leave a comment
*Komerční použití a spam nebudou tolerovány a mohou vést ke zrušení účtu.
Tip: Zveřejněním adresy URL obrázku /služby YouTube se automaticky vloží do vašeho příspěvku!
Tip: Zadejte znak @, abyste automaticky vyplnili jméno uživatele, který se účastní této diskuse.