chankl78

I think it's important to make the point that it's up to the individual what their own trading plan rules are. The core methodology of looking for supply/demand imbalance areas using the Odds Enhancers is a sound and sensible one but how each person trades them is a matter for how they most comfortably operate.
 
Some conservative swing traders will only trade with 3:1 or more of clear profit margin in line with the larger 'trend' and will then set & forget on limit orders. For shorter term trades though I've seen Sam take 1:1 RR trades with confirmation entries rather than limit orders (A confirmation entry is when price moves into a level and then a buy or sell stop is set ready to catch the price as it hopefully moves back in the desired direction).
 
Some people will constantly play with their profit targets and trail stops or move to break even, others will just enter the trade, set the stop & profit targets and then either let it win or lose. Across all the dozens of recordings and newsletter posts Sam has touched on them all as being appropriate depending on the trading plan. I guess the point is you choose your plan and then you trade it faithfully and see how it fits after a sizeable lump of trades (30 at least). Record all the trades, review them for how well the plan was traded and then analyse the results. Make conclusions and remedy where appropriate and start again.
 
I've heard Sam say he is the most boring trader in the World. He just does the same thing again and again. He's learned how he likes to trade and he just does it. Some trades are profitable and some are not - but he wins in the long run..... It all sounds so easy when you just say it like that.

ok this site is giving notes forTHE OTA XLT course & it is very useful for reading
example i found this sentence there"
•240 chart - 2 candles - Rule of thumb for time at level - go down to smaller time frame, like 60 minute chart, find base. 3-6 candles is probably the best on any time frame. The key is how did price leave the level? There must be a fast leave of the level, or I won't look at the level
 
it is informative notes deserve reading

Here goes all the post from above link in one single PDF .........
 
http://www.4shared.com/document/zKx-zqt9/MainSupllyDemand.html

thanks man
 
check this blog for more supply and demand
 
http://avidano.blogspot.com/2009/11/samseiden.html

Thanks for the link Saamy. It's a completely bizarre layout but there's some good stuff on there. The following link is a Microsoft Word Document with all the slides in it - just in case the blog disappears...
 

http://www.mediafire.com/file/oqyqamuf5ex6t75/Sam%20Seiden%20Supply%20and%20Demand%20Slideshow.doc

http://needynotshy.com/vbforum/showthread.php?t=15
 
Must really thanks Saamy... This forum is gold for Supply & Demand...
Reading the 1st few posts u will have a very good understanding on this Supply & Demand...
 
Thanks Saamy!!.. This is really a nice one...
 
Smile
Chankl78

You can read the details from below thread & I have attached the file for download as well.

http://indo-investasi.com/showthread.php/11308-Sup-Res-Lines/page5 http://www.mediafire.com/?9xi08ooic2r3nf4
 
I think there is no time shift option in the indicator...
 
Smile
Chankl78

It sure help.. Especially those lines inside the II_SupDem.....
 
Smile
Chankl78

This is the videos I like & something to share. Using Support & Resistance to trade.
 

http://www.forexpros.com/live-events/transcripts/identifying-market-turning-points-with-an-objective-set-of-rules-43486

http://www.forexpros.com/live-events/transcripts/identifying-low-risk%2520-high-reward%2520-and-high-probability-trading-opportunities-for-short-term-forex-traders%2520-part-ii---transcript-44813

http://www.fxstreet.com/webinars/sessions/session.aspx?id=8eddf5a3-2dfa-4f79-b128-5a5fa060925d

http://www.fxstreet.com/search/contributors/authors/author.aspx?id=5766b88a-1a31-4102-8221-e9bf77216d2f
 
Here is the indicator. But not created by Sam. By someone using his trading method.
 

http://www.4shared.com/file/fprbWkhK/II_SupDem.html
 
Anyone how has more videos, please shared. Thanks.
 
Smile
Chankl78

Be careful if you want to short EU..
 
http://img690.imageshack.us/img690/6552/euguess.png
 
Smile
Chankl78

http://img220.imageshack.us/img220/4007/65248231.jpg
 
Trade I took just now using this method great thread Chankl78

Uploaded to mediafire

http://www.mediafire.com/file/491iv439n8d6948/SSslides.zip

In the spirit of sharing, here is a link containing many webinar slides of Sam's webinars
 
http://r@pidshare . c0m/files/300491413/SSslides.zip

hi the following from a guy called "60minuteman"
http://needynotshy.com/vbforum/archive/index.php/t-15.html
and for me it concludes sam
 
1.http://i1222.photobucket.com/albums/dd481/ringobells/1.png
2.http://i1222.photobucket.com/albums/dd481/ringobells/2.png
RULES:
 
These aren't really rules, but if finding the strong s&d areas is vital, we need some way of determining if it is strong or weak...
 
Thankfully that is easy too...
 
1. The areas have to be : rally-base-drop or drop-base-rally
youre looking for places where price turned..... its only minor s&d if price was moving up, went sideways, then continued up.... rally-base-rally is no good!
 
By all means note these areas, but theyre not what you are looking for... look at area 2 and 1 on the chart again.... rally-base-drop
 
2. how long did price stay at this area.... a short time is good! this shows there is a big imbalance between s&d
 
3. how did price leave this area... gap is excellent... but rare.. so we are looking for a strong move away.... area 1 and 2 on the chart again...
 
4. how far did it go.... this is your profitability
area 2 dropped about 350 pips... we look for at least 3/1 profit, so a sl at area 1 of 100 pips would of been ok...
 
5. you also want to have a decent amount of time between prices visit to an area, because obviously if price is constantly hanging around the area, then its not meeting rules 2, 3 and 4.
 
ENTRIES: for entries we need to draw in our s&d zones, the conventional teaching is to draw a single line, but thats just not realistic, price isnt going to turn right on the exact pip!
 
so we draw a zone... look at chart 2
ok here i have drawn in the top and bottom lines of my supply zone..
 
you are just trying to capture the range of prices where price turned...
 
its subjective, but practice.... i am
 
 
OK, SO WHEN DO WE PULL THE TRIGGER?
 
this is the bit im always trying to find on threads i read, so ive put it in big letters for you...:)
 
there are 2 approaches... conservative and gun ho! ... im a gun ho trader, unfortunately for me.... but its upto you!
 
conservative is to wait for price to come back to the area and show some signal that it has turned.... bollinger bands, fibs, whatever you like, if it makes you feel better, do it..
 
gun ho! you just wait for price to enter the area, or even set a limit order on your line....
 
STOP LOSS
 
for your sl you use the top line (or bottom when going long) of your s&d zone
 
 
TARGET
 
upto you, i tend to take profit as price moves towards minor s/r zones,
 
Trade enhancers:
 
Selecting supply and demand zones:
 
1.Pick rally, base, drop or drop, base, rally - this looks like a sharp peak on your charts, or a deep sharp V-shape
 
2. price dropped fast from the peak.
 
3. price dropped a long way.
 
4. price was at the peak for a short time only.
 
Entries:
 
1. this is the first return to the supply or demand zone.
 
2. price rallied strongly into the supply zone, or even better, gapped into the supply zone
 
3. price has been away from the supply zone for a long time
 
Other things to look for:
 
1. make sure that you have at least 1/3 risk/reward, ideally 1/4... count the pips of the drop from the supply zone last time and divide that by your stop loss, if the result is above 3 this is a good trade.
 
2. if entering from supply on the 1hr, check that the 4hr and daily are not in demand....
 
 
The hardest thing is entering long when you see price plummeting strongly short... it feels wrong at first, but you need to remember this,
 
The forex market is just a transfer of funds from 1 set of traders to another, this is how oney is made in forex, so we are looking to take the money from the novice trader... we can find these traders easily on our charts. Novice traders make 2 mistakes over and over again.... "they buy after a sustained period of buying and into areas of supply..." and vice versa... so when you see those strong rallies or drops into our areas of supply and demand, we know it will be easy to take this money.... institutional traders know this and trade this way too

You can go to the website below for more information.

http://insanityindustries.net/viewtopic.php?f=10&t=10
 
Smile
Chankl78

thanks man for all the answers this webinar is from trading trading academy . com.
there, you will find many lessons from sam.
for example this one:
http://www.tradingacademy.com/lessons/20110315/featured_article.htm

What is the settings are you using?
I am using forceTF = 60..
For timeframe lower that 60.. it will break very easily.. Which I do not like it. So please be careful of that.
 
Also i not viewing any weak area.
When it reaches the zone... u have to be careful.. cos it will either bounce up or continue to come down...
That's y only trade reversal candle or M or W in that area.
 
The indicator does not repaint.. Once the area is failed, it will disappear...
 
Smile
Chankl78

chankl78 - They are automatically shortened links and they caught me out first time too. If you actually just click the link directly rather than cut & pasting then you'll find they work. :)

jbozman - the Probability Enhancers can be downloaded from the link below - courtesy of Hermanhess for the link. It's not a video but it outlines the desired price action location, structure and behaviours and the requisite scoring mechanism used in the XLT to achieve a valid trade setup.
 

http://www.multiupload.com/PZ45W3QDRJ

This is the videos I like & something to share. Using Support & Resistance to trade.
 

http://www.forexpros.com/live-events/transcripts/identifying-market-turning-points-with-an-objective-set-of-rules-43486

http://www.forexpros.com/live-events/transcripts/identifying-low-risk%2520-high-reward%2520-and-high-probability-trading-opportunities-for-short-term-forex-traders%2520-part-ii---transcript-44813

http://www.fxstreet.com/webinars/sessions/session.aspx?id=8eddf5a3-2dfa-4f79-b128-5a5fa060925d

http://www.fxstreet.com/search/contributors/authors/author.aspx?id=5766b88a-1a31-4102-8221-e9bf77216d2f
 
Here is the indicator. But not created by Sam. By someone using his trading method.
 

http://www.4shared.com/file/fprbWkhK/II_SupDem.html
 
Anyone how has more videos, please shared. Thanks.
 
Smile
Chankl78

This is the videos I like & something to share. Using Support & Resistance to trade.
 

http://www.forexpros.com/live-events/transcripts/identifying-market-turning-points-with-an-objective-set-of-rules-43486

http://www.forexpros.com/live-events/transcripts/identifying-low-risk%2520-high-reward%2520-and-high-probability-trading-opportunities-for-short-term-forex-traders%2520-part-ii---transcript-44813

http://www.fxstreet.com/webinars/sessions/session.aspx?id=8eddf5a3-2dfa-4f79-b128-5a5fa060925d

http://www.fxstreet.com/search/contributors/authors/author.aspx?id=5766b88a-1a31-4102-8221-e9bf77216d2f
 
Here is the indicator. But not created by Sam. By someone using his trading method.
 

http://www.4shared.com/file/fprbWkhK/II_SupDem.html
 
Anyone how has more videos, please shared. Thanks.
 
Smile
Chankl78

Here you goes....
 

http://www.filefactory.com/file/b156f1d/n/Heart_of_Forex_and_ProbMeter.zip
 
__________________________________________________
Smile
Chankl78
 
For more info in Advanced GET, Elliott Wave Videos & Books
http://indo-investasi.com/showthread.php/3410-Advanced-Get-9.01-Dashboard?p=64761&viewfull=1#post64761

This is the videos I like & something to share. Using Support & Resistance to trade.
 

http://www.forexpros.com/live-events/transcripts/identifying-market-turning-points-with-an-objective-set-of-rules-43486

http://www.forexpros.com/live-events/transcripts/identifying-low-risk%2520-high-reward%2520-and-high-probability-trading-opportunities-for-short-term-forex-traders%2520-part-ii---transcript-44813

http://www.fxstreet.com/webinars/sessions/session.aspx?id=8eddf5a3-2dfa-4f79-b128-5a5fa060925d

http://www.fxstreet.com/search/contributors/authors/author.aspx?id=5766b88a-1a31-4102-8221-e9bf77216d2f
 
Here is the indicator. But not created by Sam. By someone using his trading method.
 

http://www.4shared.com/file/fprbWkhK/II_SupDem.html
 
Anyone how has more videos, please shared. Thanks.
 
Smile
Chankl78

Any pairs. I have tested GU, EU, Echf, Gchf.. EJ, Gj.. Work perfectly.
Minimum timeframe I used is 60mins.
 
I set the parameters ForceTF = 60 in that Indicator..
And I am quite strict with my rules..
 
I will look for 1 pair that's touches that box even by 1pip... or into that box.
Then i will entered the trade upon a reversal candle.
 
Most of the time, I only trade 1 pair... Cos i do not need much.. I just need a 20pip trade to reach my daily target.
So that's y i am quite strict with my rule...
 
Smile
Chankl78

This is the videos I like & something to share. Using Support & Resistance to trade.
 

http://www.forexpros.com/live-events/transcripts/identifying-market-turning-points-with-an-objective-set-of-rules-43486

http://www.forexpros.com/live-events/transcripts/identifying-low-risk%2520-high-reward%2520-and-high-probability-trading-opportunities-for-short-term-forex-traders%2520-part-ii---transcript-44813

http://www.fxstreet.com/webinars/sessions/session.aspx?id=8eddf5a3-2dfa-4f79-b128-5a5fa060925d

http://www.fxstreet.com/search/contributors/authors/author.aspx?id=5766b88a-1a31-4102-8221-e9bf77216d2f
 
Here is the indicator. But not created by Sam. By someone using his trading method.
 

http://www.4shared.com/file/fprbWkhK/II_SupDem.html
 
Anyone how has more videos, please shared. Thanks.
 
Smile
Chankl78