Saturday, February 27, 2016

Law of consumed supply and demand and Recent Trade Alerts

What is consumed supply and demand levels

Hi blog readers, Those who follow my blog regularly might have understand the concept already as I have explained it several times in my blog posts about that concept but If you still have not managed to understand it properly, then I am again putting all the puzzles of pieces again to make it work and understand by you again.

Recent S&P long Entry in S&p Tells a story about consumed supply

Those who did not read my last post where I spotted 5% moves with almost no risk and that also in two trading session must look at this post here S&P Trade And law of consumed supply levels



I watched that trade entry every day in last 10 days but it was quite hard time waiting for a single entry but when it triggered I made up mind to let that run through all the recent barriers because Strong money always eye a particular area where Supply and demand finds equlibrium and imbalance was created.

There is no hiding the fact that Its "Imbalance that always creates trends", by imbalance I means to say where buyers and sellers both want to dominate and one winner drive the price way out of reach for others and other side of the traders have to cover quickly and sit on sidelines and watch price moves against their expected direction.

Wednesday, February 24, 2016

Understanding the Price Structure and Measure Moves in Trading

Price Structure understanding and Measured moves

Hi Traders, As Promised I have again come up with further advance level of education in which I can describe the whole concept of Measure Moves which means while looking for trend entry in pullback or retracement you need to understand the whole concept and strength of recent move. Possible scalping opportunity is never far away from you but still low risk swing trade at Swing Level can proove very wealthy if You are able to read the whole structure of the price movement

How I manage to Read recent Measured Move In S&P


This video is self-explanatory in itself and Where traders have no expectation of reversing, market took a turn and never look back, high wicks at the start of session on bullish was consuming the supply and sell orders which retail traders have put when they look for pullback entry in the strong down trend and they were all caught up after and had to cover quickly.

WTI Crude Oil Chart and Technical Analysis Fxconfidence

Hi, Readers

Its quite a while since I have updated blog with the technical after I took my half of profit of my trade usd/jpy past Monday, But that was a risky choice as we were in the strong downtrend but Intraday less opportunity to pick up reversal can offer splendid opportunity once it really hit the trigger.

In my recent Post, I am about to post charts of Pound and Crude where I have mentioned How to read a price chart with session by session activity and serious participation of strong holders can easily be spotted out at the start of session or at the end of most active session through the day.

Take a look at pound Chart












Amount of time i spend in trading supply and demand and reading session activity fits exactly to that trade when We have such Neutral activity happen through a session starts to next day session, then the next move is should be watched with absolute care and timing to pull the trigger should be at the exact time and stops and targets should always be decided.

Technical pick of the Week Crude Shorts




 




These two trade went according to plan and timing and selection of trading pairs was just excellent. Later during the day I would post how to find Imbalance on daily charts and How working against support and resistance can do wonders for you and You just need to remain focus with recent Gbp/Usd crashes from the open is excellent example of why I am not a very big fan of support and resistance while looking for big profits and excellent risk rewards 

Sunday, February 21, 2016

Technical Analysis of Usd/jpy Scalping Opportunities

Here lies the opportunity to scalp usd/jpy For Intraday scalpers

Buy Usd/jpy 112.80 Stops to be placed around 112.35

1st Target 113.40
TP 1 Hit Closing the half and rest at breakeven 112.80
2nd Target  113.70

Take a look at the daily chart
Forex intraday technicals, buying usd/jpy with targets and stops











TP 1 hit 113.40

Thursday, February 18, 2016

Market Hotspots are the areas where you need to react

Market Hotspots Strong entry points

In this article, I will cover every aspect where You can have some clues where Market has to react or looking to react and that is indeed is very crucial point where You need to have conscious approach and I will cover couple of chart with recent trend in Eur/usd and Possible entry coming in Crude Oil which can prove very profitable, If it reacts from here very violently.

Strong Areas of Accumulation after false break



I will cover the chart and rest of few charts that I have during weekend and possibly tell why Support and resistance self trading prophecy is so dangerous and we need to get out of that self proclaimed success system, recommend by Gurus over decades which is the worst every trading approach a trader can apply to its trading system.