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[withnail]

Nice trade pro. Demand level looks good I like the equal close/opens and the strong momentum out of it. Never traded NU had a look today seems to be some good clear levels lying around. A few AU trades today. For AU I look at ES for correlation and not always USDX. 2 quick short price has to go to that AU demand and ES demand. And long out of demand looking to hold for a bit longer.







Edit - Broco is 1 hour ahead of Alpari.

[withnail]

Back short AU as Es is at weekly supply.

Cheers Withnail.

[withnail]

Stopped out on last part of position. Oh well can't watch screen all the time. May have been better to target a demand level rather than 75%. If I was watching I may have fancied going long when es hit demand / zerod long breakouts.




Cheers Withanil.

[withnail]

[nicoacademia]

This log is a great read! Thanks withnail for posting it up.

[Captain Pugwash]

v. nice trading shipmate

[withnail]

Cheers guys.
Added some more shorts this morning. I am interested in that yellow line. That is what I was trying to short off a few pages back in this log.

Cheers,
Withnail

[nicoacademia]

beautiful cos it hit it a few hours ago

[nicoacademia]

anyone camping on the potential supply @ 1.0637-1.0674
from 13th november 2011?

[withnail]

anyone camping on the potential supply @ 1.0637-1.0674
from 13th november 2011?

Hi Nico,
Nice to see you taking a interest in the Supply and Demand stuff. Here is how I see the chart. I see a demand level, a move off the demand. The demand level gets broken leaving a supply level behind. There is a reaction to the supply level which creates what looks like a new supply level just underneath. Nice to see you posting regularly kreslik is getting a bit boring recently.



P.S Nico if I may ask what data supplier do you use for ninja ,, metatrader is a nightmare for somethingd. Tried to setup ninja but didn't get to far.
Cheers,
Withnail


-Update- 17/04/2012 just reading through the log as I sometimes do. Thought I would check how this is going