Get started

Proprietarytrading

Price Goes Against Compression In USDCHF 28/01/2019I have marked on the chart the Compression area in a channel, as we can see the USDCHF price now goes against that compression area from the left, Compression is a situation Where the price moves up or down easily and slowly, picks all the orders on his way, struggling to move up or down, when the price goes against Compression it usually safer, above Us, there is a great supply level, I’ll sell at this supply if the price retrace there and my target will be the demand below.
Short
by the5erstrading
Demand Level For Buy Position In XAUUSD 27/01/2019After a long stamping, the price finally broke out the resistance at 1297.00 zones and creates a new fresh demand which I marked below, it seems the price tends to reach the supply Level from the left at 1315.00 zones, we can see that on a daily chart, the demand below is a great continuation level of buy position, as long as the price didn't reach 1315.00 zones, I'll Buy at the demand below and the target will be 1315.00 zones,
FX:XAUUSDLong
by the5erstrading
Demand Level For Buy Position In XAUUSD 27/01/2019After a long stamping, the price finally broke out the resistance at 1297.00 zones and creates a new fresh demand which I marked below, it seems the price tends to reach the supply Level from the left at 1315.00 zones, we can see that on a daily chart, the demand below is a great continuation level of buy position, as long as the price didn't reach 1315.00 zones, I'll Buy at the demand below and the target will be 1315.00 zones,
FX:XAUUSDLong
by the5erstrading
Quasimodo Level On 4H Chart In GBPCAD 22/01/2019The supply level above us is also Quasimodo level, Quasimodo consider as a very reliable pattern, usually, Quasimodo level creates a great Risk Reward ratio, the supply above has Broke out the last low of the bullish momentum that was before, the price did it in a very sharp and fast drop and in one movement which creates the Quasimodo level, I'll wait for the Price to reach that supply, and I'll sell there on the first touch and my long term target will be 1.6000 zones.
Short
by the5erstrading
2
USOIL Key Levels For Swing Forex Traders 20/01/2019For the swing traders among us, I marked the next confirmation zone for USOIL which I'm waiting for the price to breakout. the first is the support zone below, if the price will break out this Support it indicates the price tends to reach the demand below, therefore, if that happens I'll look for price action setup for sell position, and my target will be the demand at the Bottom, the second scenario is if the price will break out the resistance above, if that happens it indicates the price tends to reach the supply at the top, therefore I'll look for price Action setup for buy position, and my target will be the supply at the top.
FX:USOIL
by the5erstrading
61.8 Fibonacci With Supply Level On SPX500 Index 14/01/2019The SPX500 Index has suffered like all the other indices and markets from what looks like massive sell orders which cause the price to drop down, and now it seems the price has a Technical retracement, I measured the last downtrend on a daily chart with Fibonacci and find out that 61.8 level is a great one for continuation sell position, it's 61.8 Fibonacci level, But it's also a great supply level for sell position, I believe that the last low at 2350.00 zones is not the final destination for this bearish momentum and the price tends to reach 2150.00 zones, therefore I'll sell at the supply above and my target will be 2150.00 zones.
SP:SPXShort
by the5erstrading
Long Term Destination For EURUSD Based On Supply & Demand 10/01As a price action forex trader, my trading decision based mostly on Supply & Demand, the EURUSD now is bullish, and if we look at the daily chart, we can see that the next supply is Waiting at 1.1720, therefore I believe the price will tend to reach there, in order to join this bullish momentum, I'll wait for the price at the new fresh demand below, this demand is a Great continuation level for buy position, my target will be 1.1720 zones.
Long
by the5erstrading
2
Price Action Key Levels For XAUUSD 09/01/2019As a price action forex trader, I trade only at supply or demand levels, those levels also function as a final target for my positions, in the picture I attached we can see the support zone Below, if the price will breakout this support it indicates the price tends to reach the demand below and maybe the demand at the bottom, if the price will break the support, I'll look For price action setup for sell position, I'll usually look for a new fresh supply that broke the support, and if I'll find what I look for, I'll sell there, my first target will be the demand Below, and the final target will the demand at the bottom which is also a great demand for buy position.
FX:XAUUSDShort
by the5erstrading
CCI Divergence 1D Chart On USOIL 04/12/2018As we can see, the CCI indicator shows a clear divergence between the price lows and the indicator lows, as the price create a lower low the CCI shows higher low, this kind of Divergence indicates this bearish momentum is losing power and there is a good chance the momentum will change to bullish, we can see the divergence by the trend line I marked on The CCI and the price. I always prefer to integrate between indicators and price action, especially with Supply & Demand, therefore, I'll wait for the price to return the demand below, if that happens, I'll buy at this demand and my target will be 64.00 zones.
TVC:USOILLong
by the5erstrading
Head & Shoulders 4H Chart USDCAD 03/12/2018As we can see on the 4H chart, there is a potential that the price will create a Head & Shoulders pattern, If my prediction that I marked on the chart will come true, we will see the Head & Shoulders pattern up there, the reason I'll sell at the supply above is not the pattern, I'll sell at this supply because it's a level with unfilled orders waiting there for the price To come back, Also, this supply has changed the bullish momentum to bearish, this supply created after this week starts with a GAP at the price, I'll sell high and buy low, meaning, I'll sell at the supply and my target will be the demand below.
Short
by the5erstrading
Quasimodo Pattern For Sell Position On USDJPY 30/11/2018As a price action forex trader, Quasimodo pattern is one of my favorites, it's a very reliable pattern, and usually, this pattern opportunity create a great risk-reward ratio position, in That case, the supply above is a great Quasimodo level, the price changed the momentum from bullish to bearish with a one strong down movement, if the price retrace to that Supply, I'll sell there and my target will be the demand below which is also a great level of buy position.
Short
by the5erstrading
Short Term Key Levels For GBPUSD 29/11/2018As a price action forex trader, I trade only Supply&Demand, sell at supply and buy at demand, I marked those supply&demand key levels as a short-term opportunity, the demand below is a great level of buy position and the target for this trade will be the supply above, and the opposite, the supply above is a great level of sell position and the target will be the demand below, I'll act only at the level that the price will reach first,
by the5erstrading
1
Swing Supply&Demand For USDCHF 28/11/2018As a swing trader in the forex market, I always prefer to mark the key levels supply&demand before and be ready with a limit orders, the supply above us, is a changing momentum one, this supply start the bearish momentum, I'll wait for the price at this supply to sell, for now, the price struggling to move up, and as long as the price will keep struggling it Indicates the buyers have no power in this uptrend, and it's safer to sell at the supply above, my first target will be the support below, and the final target is the demand at the bottom Which is also a great level for buy position.
Short
by the5erstrading