Supply and Demand with Momo

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Mon Apr 30, 2012 9:46 pm

I also shorted AU for about 20 pips as well. I won't bother posting the charts for that one

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Wed May 02, 2012 9:41 pm

A few more trades to post here.

The first one was a short on the EURNZD. I have never traded this before but I saw the supply level after reading Withnails log and it looked ripe for the shorting. I saw my setup so took it.

I also shorted GU.

USDX level was key. Noting where price is on the USDX adds confluence, which I like.

EN

D1

Image

H4

Image

H1

Image

15m

Image

GU

D1

Image

H4

Image

H1

Image

30m

Image

15m

Image

USDX

Image

User avatar
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 0
Gender: None specified

Postby bettlebox » Mon May 14, 2012 9:30 am

Hi Pro-trader and withnails

looking at your post you seem to have good grasp of 50%. Im trying to get grips with the concept with 50%. Wondering if you be kind enough to have look at post i put on my log thread here is the link to it:-

Maybe offer some advice that i can start exploring this concept

Thanks in advance
BB
link to my post:-
http://kreslik.com/forums/viewtopic.php?p=62718#62718
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

User avatar
withnail
rank: 150+ posts
rank: 150+ posts
Posts: 163
Joined: Thu Sep 08, 2011 11:46 pm
Reputation: 0
Location: Amsterdam
Gender: None specified

Postby withnail » Tue May 15, 2012 1:57 pm

Sorry BB I don't use it. Hopefully Pro can help you.
Cheers Withnail.
1. Big loss, 2. Small Loss, 3. Big Win, 4. Small Win --- just prevent 1.

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Tue May 15, 2012 9:27 pm

Hey all

My trading has changed slightly. I'm still trading supply and demand with momo, just in a different way. Trading off SR levels too.

I was reading Ajaymeins thread again and a few things stuck out for me that I didn't before.

This comment below mainly:

"It just goes from level to level... once levels start getting engulfed and opposing levels are respected simultaneously, you know which direction to trade in.

Another way to put it is once momo bars and ZLs get engulfed and fresh ones are made in the opposite direction, that is which direction to trade in."

http://kreslik.com/forums/viewtopic.php ... &start=240[highlight=red]

The trades which follow are based on my understanding of this along with my existing knowledge of supply and demand

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Tue May 15, 2012 9:37 pm

NU

H1

Image

5m

Image

UC

H1

Image

5m

Image


AU

H1

Image

5m

Image


EJ

H1

Image

5m

Image

NU

H1

Image

5m

Image

Happy Trading

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Tue May 15, 2012 9:43 pm

20 pip max sl with this or no trade.

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Wed May 16, 2012 8:30 pm

EU

H1

Image

5m

Image

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Thu May 17, 2012 8:13 pm

H1

Image

5m

Image

Pro Trader
rank: 150+ posts
rank: 150+ posts
Posts: 225
Joined: Fri Jan 29, 2010 11:13 am
Reputation: 0
Gender: Male

Postby Pro Trader » Sat May 19, 2012 10:21 pm

GU

H1

Image

5m

Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”