[VTK]

Here is a video that changed mine whole view on trading.It made a one trick pony out of me when it comes to trading
Sam is tha man when it comes to simplicity and reality of markets and i am lucky that i had chance to learn from him and other instructors.
Hope it will help some one as it have helped me!

http://www.fxstreet.com/webinars/ses...3-13d3a6771192

Regards!

[awcaball]

Very practical !! Let theory guide practice or practice guide theory?? Congruent with insight.

[Interceptor]

I really like Sam's videos.
Straight forward and uncluttered by mumbo jumbo.

[doubletop11]

Sam's videos are good for beginners. Solid basics and common sense. I wish the Fed had that much. I also wish every trader should/would watch Sam's videos. As I have traded, I have found a whole other realm of supply and demand zones. It's like 2nd generation supply and demand. It's really crazy and a little creepy how zones work out sometimes. IE:FreeStockCharts.com - Web's Best Streaming Realtime Stock Charts - Free

I've also really learned a lot about these zones from consult-fx.com and another trader by the name of Phil Newton! He's awesome too.

[Tradewinds]

In the video he gives an example of Supply and Demand on the trading floor. He states that the Supply and Demand can be seen on a chart, and you have access to the same information that the people on the floor have with the actual pieces of paper right in front of you.

[Tradewinds]

He also talks about the Bank Order Flow as being represented by a zone of consolidation. When you see that narrow band of consolidation in price on a chart, he says that it represents the Bank Order Flow.

[VTK]

Sam is great guy,simple and without any crap in his thought flow when it comes to trading.He is also a very profitable trader.After couple of years spend in XLT with Sam and Steve i can tell that for me there is no better strategy out there.Simple,straightforw ard,can be used in any and all markets,any timeframe.I was lucky to stumble upon Sam in beginning of mine education.
When i see on chart indicators,oscillators,el iot this and fibo that...i just get dizzy,like motion sickness.I feel more than comfortable putting limit orders placed on key levels of supply and demand,just naked charts.
Someone said those videos are great for beginners.I would strongly suggest to anyone to watch his videos on FXStreet.Having eye on those levels while using any other strategy can save some money.

[VTK]

Originally Posted by Tradewinds »

When you see that narrow band of consolidation in price on a chart, he says that it represents the Bank Order Flow.

Most of stuff that we see on charts is representing bank order flow as banks are running the show in FX.
Area of consolidation is where it appears that supply and demand are in balance(they never are in total balance)
When strong move happens after some consolidation that is indicating imbalance of supply/demand equation.Stronger the move-stronger the imbalance is.Usually volume on best levels is low as few orders were filled.So when price comes back it usually meet significant amount of willing buyers/sellers.Those are trades that i am looking for.
When i sell,i sell to someone who is buying after rally in price at price level where supply exceeds demand.Other way around when buying..Basically,as Sam likes to say,we are identifying novice traders and those guys are other sides of our trades.
Cheers!