IzzoFx
Short

This is my 4HR Supply & Demand Zone Trading on the A/U.

FX:AUDUSD   Australian Dollar/U.S. Dollar
This is my 4HR Supply & Demand Zone Trading on the A/U.

Looking to go SHORT when price hit the Supply Zone TriggerLine @.9363
Daniel.Dalo
2 years ago
I'm really impressed about your ideas, very good work. Just wondering, how do you decide where to put the trigger line?
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IzzoFx PRO Daniel.Dalo
2 years ago
Thanks dd4lo. I am still trying to perfect it. Still a novice at Forex. I look for Support or Resistance within the Demand and Supply Zones.
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Daniel.Dalo IzzoFx
2 years ago
Thanks for the answer! I like Supply and Demand, but I find difficult to filter out the not so good trades for example when market is trending, because depending on the direction, supply or demand zones are taken out. I read just today a tip for this, when market is trending upwards for example, when the price reaches a supply zone in this case, if RSI indicator is above 60, don't take the trade. In the case of a bearish trend, when price reaches a demand zone and RSI is below 40, don't take the trade.

I looked real quick at this on a chart and is true that it prevents from taking some bad trades, so maybe it is helpful for you too.

Thanks!
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IzzoFx PRO Daniel.Dalo
2 years ago
Thanks dd4lo. Can you post the link so i can check it out too. Yeah, trending markets always kill this kind of trading. Traders helping Traders! Good stuff!.
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Daniel.Dalo IzzoFx
2 years ago
Here is the link, i noticed there are various articles for this, but here you can find the info, good trading!
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IzzoFx PRO
2 years ago
T/p set @ .9293 but ......there is a 1HR Demand Zone between .93100 and .9297 with a TriggerLine of .9305
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IzzoFx PRO IzzoFx
2 years ago
close the trade early at .9313 for 50pips instead of waiting for the original t/p. It took almost 2 weeks for this trade to go in my favor for 1:1. I missed the first time price fell to .9320 and then bounced back up. This trade got a little crazy when it almost hit my stop loss but finally decided to fall. And right now price is bouncing back around the 1HR Demand Zone that mentioned in my prior reply 12 days ago.
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