SUPPLY & DEMAND!!!

[Mr. Hyde]

Finally did it. Well kinda. Maybe not, haha. But seriously. I have gotten to a point where the majority of my trading is mostly supply and demand (the kind Sam S teaches). The biggest issue for me was price never respecting my zones or respecting zones i would never expect it to. I will go over some of the stuff that have helped me get to were i am at.

This will consist of zones that i will place limit orders in advanced and what im looking for.
Quassimodo Zones (QM)
Orderblocks, S/D zones, price imbalances
Fib extensions, retracements, trendlines and even BB.
LTF zones in HTF zones.

Why do i like this style. The RR can be very high and the fact that i can just place orders and walk away from the computer is the best.

[Mr. Hyde]

Here is a quick run through on how I will mark up my charts. Ill go step by step on Monday

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gbpchf-h1-hugo-s-wayentry.png (111.86 KiB) Viewed 5993 times

[Mr. Hyde]

Live trade i did today while marking up the charts for you guys.

ethusd-h4-hugo-s-way.png (82.39 KiB) Viewed 5993 times

ethusd-m5-hugo-s-wayentry.png (64.97 KiB) Viewed 5993 times

[Mr. Hyde]

Live trade i did today while marking up the charts for you guys.

ethusd-h4-hugo-s-way.pngethusd-m5-hugo-s-wayentry.png

Always keep in mind. If there are multiple zones, that there is a good chance price will come back and wick it.
Off the orginal chart, first trade could have gotten you 3 to 1. 2nd trade would be a loser. 3rd trade on the new chart you can see profit targets.

ethusd-m5-hugo-s-way.png (75.96 KiB) Viewed 5971 times

[Mr. Hyde]

If anyone wants to follow along, lets do some homework. Lets use GU, EJ, GJ, EA, EN, GN, GA, ES, GChf, silver. Pull up a four hour chart. Place BB 50/2 for settings. Then mark off any possible SD. Then look for retracements further then 50% and look for any price extensions. See if you have any of these 3 that overlap. If so, then these will be on our watchlist. we then will look for any other confluence and we will see if price is outside the BB when it gets there. If needed, you can drop to the 1hr to refine the zone.

Also. Im going to through up the crash zone indy if i still have it. If price makes it to one of the zones on a tues or wed, there should be a good chance we can hold the trade for a few days or until the opposite of the crash zone.

[Mr. Hyde]

Example.

Retrace. Extension. Zone. Zone. Refined zone w/QM pattern. Everything with BB and trendlines.
Hope the step by step helped.

gbpaud-h1-hugo-s-way.png (88.74 KiB) Viewed 5966 times

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gbpaud-h1-hugo-s-way-5.png (107.88 KiB) Viewed 5966 times

[LeMercenaire]

If anyone wants to follow along, lets do some homework. Lets use GU, EJ, GJ, EA, EN, GN, GA, ES, GChf, silver. Pull up a four hour chart. Place BB 50/2 for settings. Then mark off any possible SD. Then look for retracements further then 50% and look for any price extensions. See if you have any of these 3 that overlap. If so, then these will be on our watchlist. we then will look for any other confluence and we will see if price is outside the BB when it gets there. If needed, you can drop to the 1hr to refine the zone.

Also. Im going to through up the crash zone indy if i still have it. If price makes it to one of the zones on a tues or wed, there should be a good chance we can hold the trade for a few days or until the opposite of the crash zone.

I've always been interested in the Crash Zone but had no clue as to how to actually use it, so this will be one for me to watch! Cheers.

[TheRumpledOne]

If anyone wants to follow along, lets do some homework. Lets use GU, EJ, GJ, EA, EN, GN, GA, ES, GChf, silver. Pull up a four hour chart. Place BB 50/2 for settings. Then mark off any possible SD. Then look for retracements further then 50% and look for any price extensions. See if you have any of these 3 that overlap. If so, then these will be on our watchlist. we then will look for any other confluence and we will see if price is outside the BB when it gets there. If needed, you can drop to the 1hr to refine the zone.

Also. Im going to through up the crash zone indy if i still have it. If price makes it to one of the zones on a tues or wed, there should be a good chance we can hold the trade for a few days or until the opposite of the crash zone.

I've always been interested in the Crash Zone but had no clue as to how to actually use it, so this will be one for me to watch! Cheers.

TRO001.png (48.36 KiB) Viewed 5885 times

[BambinoFlex]

If anyone wants to follow along, lets do some homework. Lets use GU, EJ, GJ, EA, EN, GN, GA, ES, GChf, silver. Pull up a four hour chart. Place BB 50/2 for settings. Then mark off any possible SD. Then look for retracements further then 50% and look for any price extensions. See if you have any of these 3 that overlap. If so, then these will be on our watchlist. we then will look for any other confluence and we will see if price is outside the BB when it gets there. If needed, you can drop to the 1hr to refine the zone.

Also. Im going to through up the crash zone indy if i still have it. If price makes it to one of the zones on a tues or wed, there should be a good chance we can hold the trade for a few days or until the opposite of the crash zone.

I've always been interested in the Crash Zone but had no clue as to how to actually use it, so this will be one for me to watch! Cheers.

TRO001.png

Is the crash zone split in 5 levels with every level equal to 20% of the MO range?

[TheRumpledOne]

Is the crash zone split in 5 levels with every level equal to 20% of the MO range?

From the code:

Code: Select all

   for( i=1; i<4; i++)
   {
      WHIGH[i]   = iHigh(symbol,PERIOD_W1,i);
      WLOW[i]    = iLow(symbol,PERIOD_W1,i);   
      WRANGE[i]  = WHIGH[i] - WLOW[i] ;
   }
   
   
   if(WRANGE[1] > WRANGE[2] && WRANGE[1] < WRANGE[3]) { MORANGE = WRANGE[1] ;  } else
   if(WRANGE[1] < WRANGE[2] && WRANGE[1] > WRANGE[3]) { MORANGE = WRANGE[1] ;  } else
   if(WRANGE[2] > WRANGE[3] && WRANGE[2] < WRANGE[1]) { MORANGE = WRANGE[2] ;  } else
   if(WRANGE[2] < WRANGE[3] && WRANGE[2] > WRANGE[1]) { MORANGE = WRANGE[2] ;  } else
                                                      { MORANGE = WRANGE[3] ;  }

   LTARGET1 = W1_Low + MORANGE * 0.666;
   LTARGET2 = W1_Low + MORANGE * 0.833;
   LTARGET3 = W1_Low + MORANGE  ;
   LTARGET4 = W1_Low + MORANGE * 1.166;
   LTARGET5 = W1_Low + MORANGE * 1.333;
 
   
   STARGET1 = W1_High - MORANGE * 0.666;
   STARGET2 = W1_High - MORANGE * 0.833;
   STARGET3 = W1_High - MORANGE  ;
   STARGET4 = W1_High - MORANGE * 1.166;
   STARGET5 = W1_High - MORANGE * 1.333;