Romant

Hello. On the attached image there is the daily chart of futures contract on Gazprom, one of the most liquid, or even the most liquid one on the Russian market. I've marked with the lines the supply\demad zone.And marked with the pointer a price movement that is strange for me. In the marked place the price could reach the level if it've gone a hundred points higher into selected S\D zone. But it didn't and then droped down. So there are some questions: 1.Did the S\D zone was selected correctly? 2.Why did the price droped down so hard, but didn't touch the level? 3.If the S\D zone was marked correctly, will it continue to move down? 4.If the price goes up for several weeks and suddenly starts to go down as huge as in the area with the pointer, but without touching the level, what makes you change the view of the market and makes you sell short instead of buy long in such situations?? Thank you for the answers!!!

You know, the strategy, we are talking about could be understood in different ways. For ex., Sam Seiden in his webinars sometimes marks the S\D zones in the middle of the moves.But I fully agree with you and consider, that the real "turn-around" zones are at highs and lows. In the middle of the moves price pulls back very rarely.

Oh, it will be really great! Thank you very much. P.S. As we know, Sam in his webinars and articles explaines much, but not everithing, so it will be very helpful for me(and not for me only, I'm sure) if you could explain the details.

Hello. English is not my native language, so sorry if something is hardly to understand or written incorrectly. I started trading about 4-5 monts ago and I've seen Seiden's webinar for the first time about 2 months ago, really liked his understanding of market. When I tried to trade with his strategy, it went really well. The profit was about 100% in two weeks, but then something has gone wrong. In the last week of September (when it was huge down-trending market), I began to lose and since then had NO profitable week. I tried to understand where were my mistakes,but couldn't. I'd be pleasant if someone could answer some questions from me on Seiden's strategy. May be your answers will be pleasant for somebody else. First of all, is the trend really important for trading with S\D zones? Or it doesn't matter, market will return on the correctly defined S\D zones? If you've got a stop-loss, you'll take the trade in the opposite side or will be waitng for the next zone to trade the same way? P.S. Could someone post an order of analysing a probable trade? (ex.: 1.Look for the Daily S\D zones. 2. Swith to 1H and search for smaller S\D zones... )It'll be very good for newbies like me. Thank you very much!