Thread: Price Will Tell - Supply/Demand Price Action Trading

Hey man, what's your opinion on AUDUSD? The dollar. I am having my doubts although I had been thinking it would go up. We have some high impact news coming.

Originally Posted by ;

Hey guy, what's your opinion on AUDUSD? The dollar. I am having my doubts now although I had been thinking it would go up. We have some high effect news coming.

Depends which TF one is looking at. From H1 standpoint it down - potentially a ways down.



Similar situation with M5 but if it begins breaking north and pulling back there may be an opportunity to buy it intra-day.

Originally Posted by ;

quote Depends which TF you are considering. From standpoint it down - potentially a ways down. picture Similar position with M5 but if it starts breaking north and pulling back there can be an opportunity to buy it intra-day. picture

Hello Simond2002,

Thanks for the very valuable information. You can tell, that here a lot of experience and knowledge come together. That motivates me a lot.

Greetings Michael

Originally Posted by ;

quote Hi Simond2002, Thank you for the very valuable information. You can inform, that here a lot of wisdom and experience come together. That pushes me a lot. Greetings Michael

Hi Michael,

Thanks for your article, I'm glad there's some things in here that is of use. Please don't hesitate to
post/discuss any charts either here or within this thread.

Cheers

Originally Posted by ;

quote Hi Michael, Thank you for your article, I am glad there's some stuff in here that's of use. Please don't hesitate to post/discuss any charts within this particular thread or either here. Cheers

Hello simond2002,

Thank you for your invitation, I'll gladly take this opportunity.

Many Thanks

best regards

Originally Posted by ;

quote Depends which TF one is considering. From standpoint it's obviously down - potentially quite a way down. picture Similar situation with M5 but when it begins breaking pulling and north back there can be a chance to buy it intra-day. picture

Hello Simond,

I'm not really certain why from the very first picture, there is a SD area, market in blue. Normally what I look for is a movement and then sudden drop/raise, but this does not look like it. At precisely the same time, my SD understanding is quite basic and I am still learning.

Cheers,
Ray

Originally Posted by ;

quote Hi Simond, I'm not really sure why from the very first picture, there is a SD place, market in blue. Normally what I look for is a slim movement and then drop/raise that is unexpected, but that does not look like it. At precisely the same time, my SD understanding is quite basic and I am still learning. Cheers, Ray

Hi Ray,

A lot of it is going to depend on how the trader derives the zones. There is always going to be the top and bottom major swing points in any particular time-frame but in between there are zones of which supply zone was one. The point of interest for me was that price had tested that zone and continued selling away, suggesting that the H1 down move had some life left to operate.

Originally Posted by ;

it is dependent on price action in the zone when price gets there.

That point is key - it is very much about what PA does once it gets there.

GBPJPY

Been keeping an eye on this pair for a short time. Ascending channel still intact. Waiting to see if the H4 will snare some fresh air and create supply at or approximately 155.00, which is approximately 300 pips north west.



M15 is sitting in new demand. May look for a buy, let us see.

Originally Posted by ;

May look for a buy, let's see. picture

Scrub that for obvious reasons. However not interested to market it. Can revert to H4 and come back to the pair weekly.