hedgehog

All links are removed. Any new ones?

Please re-up. Thanks....

Thank you anismufa. Was looking for the complete home study manuals. No one seem to have it.

Can someone please upload the Study Manual? Thanks.

Can anyone upload the study manual? Thank you.

trader john: isn't Seiden all we are discussing here???? ;-)

Is it because the zone has been tested before?

Trade closed.

Been very quiet of late though. However, I spy an opportunity in AUDUSD. H4. Short on supply zone 1.07137 level. Currently below that after 3 bearish candles. Still looks good to me IMHO. 1st TP at 1.05800 and 2nd TP at 1.04650. This is not a trade recommendation. I am very bad at that :-) This is a matter for record and information only.

JimJamBonks, these are exactly the trades to take because everyone is selling and it feels like doomsday as per what Seiden always mention. Trades like these makes the dough. Lots of it :-)

Pretty quiet here......

Jim: This one is quite near higher time frame (H4 and D1) demand though. Am I right?

I run several charts off several brokers (diversified :-)) and most of the time they are different but almost the same. The one you highlighted for yesterday's H4 was close to the level but didn't touch.

Jim: On my charts, it didn't touch the level at all yesterday. Today's is the only time it touched that said level. Don't worry, everyone like to 'pick' on the hedgehog ;-)

Trade Set-up. Time Frame: H4 Long CADJPY 81.63. Demand zone 81.21/63 Stop Loss 45 pips. Take Profit 100/140 pips. Supply zone 83.12 Risk Reward 1:2/1:3 This is NOT a trade recommendation. This is for information and record only. "If you read one guy's opinion and do anything based solely on that, you're an idi*t!" - Cliff Assness, AQR Capital Management

Guys I noticed something. I put up both the S&D indicators, and as most said eyeballing is best, you should notice that there are levels that the indicators do not draw. You can see them easily especially with the indicator up for those who are still inexperienced. So in a nutshell, the indicators can be really helpful. Think of the training wheels on bicycle. :-D Hope this helps.

Anyone made money on GBPUSD (TF: H1) yesterday when it went down to Demand zone (1.61009)? It looked pretty scary when Sterling was being trashed, but hey, that's 60 pips plus profits. Happiness :-)

There is an interview of Seiden in a 2006 Active Trader magazine. Link here: http://www.multiupload.com/9N0NEY5PLS

Successes and failures are part and parcel of learning. Many do not get it and only want profits and not losses. You can't have one without the other. Once you get around that, you will be successful. I have read Sieden saying that on higher time frames, it would be best and supply and demand zones works best as there are less noise. Having said that, he did mention that day trading using this method can also be profitable as long as you know what you're doing.

Thanks for your great analysis and posts JimJamBonks. I would like to propose that we put up potential trades with naked charts, no lines, nothing, in order for new comers and experienced users of this method to discuss trades before they actually happen. I think with that we can equip anyone who would like to further learn this method of trading and we can only learn by doing and through constructive discussion. Please no PETTY SQUABBLES. Trading is not an exact science. The very least we can build up a great foundation here. What say you guys and gals?

whakamaru: Remember Seiden almost always say that you buy when everyone is selling and sell when everyone is buying. That's counter trend to me :-) To be successful, you have to go against the herd. If you always follow the herd (not the trend mind you), one day you'll get slaughtered!! What is important to remember is when you want to take a day trade or any trade for that matter, do refer to a higher time frame and check where bids are in relation to demand and supply zone. If it is near Daily Demand zone, you should be comfortable in taking any long trades in lower time frames and vice versa. Hope that helps.

chan: What does forced.tf do exactly? Does it force the indicator to use H1 levels for all other time frames??

M15. You can see it on the chart info bar above ...... hehehehe.

chankl78, you have been using the II_SupDem indicator to mint money right? You do any eyeballing?

But this trade would just be a 1:1 risk:reward ratio. Not a trade to be taken IMHO.