How to trade Dow Jones ETF DIA using supply and demand imbalances
3rd May 2019
EURCAD Forex cross pair top down analysis supply and demand forecast
13th May 2019

This video is an update to EURUSD Forex major supply and demand analysis and forecast from last week. Price retraced to daily supply level around around 1.1838. Selling at supply levels requires protection with the stop loss being set above the supply imbalance at least 25%. Trade at daily supply level is playing out, already would have made 3%.

Shorts require new levels of supply to be created. None available right now but there is a long term short bias on EURUSD Forex.

As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and reacts strongly to those imbalances. Why is it that you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.

Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements.You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for price to pullback or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.

Alfonso Moreno
Alfonso Moreno
Full time trader, expert technical analyst and founder of Set and Forget supply and demand online trading community. Traveler, photographer and adventurer.

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