had a good talk with a good trader from this forum, thanks for that. First take away was I should look more at the context to see price action. Added a daily chart and a 4 hour chart. Made a solid trade yesterday.



bias is that price will come down to the demand zone to the right of the daily chart. From there a consolidation and most likely an upward movement of the price. This context is something that I need to take into consideration for my trades on the 10M chart.

Small loss today.



Price came came down to the demand zone on the daily chart. It missed by a few ticks and then price went up real fast breaking 2 but I think at least 3 supply zones on the 4 hour chart. I now think it will go up all the way to 47.00. On this range we have a daily supply zone and a 4 hour supply zone. When price reaches that I think the system will trade again. Let's see what happens tomorrow.

Been watching price movement today. Expect price to be rejected at the 10M supply zone around 46.09 it will then fall back to 45.77 resulting in a nice trade for the system!

well that was almost as I anticipated, makes me feel kinda cool to be honest Price went to the 10M supply zone,

The bar at 16:40 ruined the trade I was hoping for. The bar with a close of 46.15 with a high of 46.48 hitting my stop. The target would have been well reached and a nice trade. Perhaps I should have taken more risk and put the stop at the top of the yellow zone (H240 supply zone). Something to think about.. Luckily it did fall down a bit more to the 10M demand zone causing the system to buy @ 45.21 and going all the way up to 45.77 a very nice trade!



let's see what happens tomorrow, today I was almost one of the big guys!

There are different schools of thought, but I would be flat during the Wednesday EIA oil inventory report. The price will make huge spikes and is very unpredictable. If you are sticking to a higher (>1 hour) timeframe, it isn't as important, but the volatility will bust many "good trades" on a 5-10 minute timeframe.

The same advice goes for monthly job report when trading ES, GC or currencies.

r31N13r 

Thanks Robinson94 for your good feedback much appreciated Have an open trade. The target zone is marked by the diamond below. The red diamond above marks the stop/loss. Price should fall the target zone. Let's see what happens.

Hi Reinier!

I'm a supply & demand trader as well (for now only forex, but wanting to switch/add to futures in the near future) And am trying to incorporate VSA and volume as well. How do you use it?