Sunday, September 29, 2013 1:40:32 PM
Hello SG. Been studying & working with the supply/demand stuff all morning. Been applying it with mt4 and hand drawing in TOS NU 2H chart. Watched a couple of the video's last night, and a couple more this morning. And one or 2 of them over again.
Great stuff. Makes me see some things completely differently. For example, I had been thinking that a new low touch for the NU was possible, but now clearly see that a test of the alltime low is highly unlikely. It has been touched to many times already. Starting to get a grasp on this thing.
SG, Below is a close up of my TOS NU 2H chart with supply & demand zones drawn in. Would you please review it and give me your opinion on the big yellow note (next to the arrow) and adjacent to the bar in question. I think that it is a new demand zone. And the 30 minute MT4 auto system is calling it that. What do you think??? Should it be given a demand zone label quite yet???
This chart situation brings to mind that old song "stuck in the middle with you", what it is s'not exactly clear.
Also, on my next post I will post the expanded NU 2H chart for your review. Let me know what you think.
Great stuff. Makes me see some things completely differently. For example, I had been thinking that a new low touch for the NU was possible, but now clearly see that a test of the alltime low is highly unlikely. It has been touched to many times already. Starting to get a grasp on this thing.
SG, Below is a close up of my TOS NU 2H chart with supply & demand zones drawn in. Would you please review it and give me your opinion on the big yellow note (next to the arrow) and adjacent to the bar in question. I think that it is a new demand zone. And the 30 minute MT4 auto system is calling it that. What do you think??? Should it be given a demand zone label quite yet???
This chart situation brings to mind that old song "stuck in the middle with you", what it is s'not exactly clear.
Also, on my next post I will post the expanded NU 2H chart for your review. Let me know what you think.
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