Thanks so much for that, I’ve only been recognising NS’s and ND’s on peaks and troughs, might be a bit safer since they indicate a pullback, but now I have a better understanding of ND and NS positioning from your video and will be able to make better use.
(Newbies - remember now that you’ve just watched this video not to concentrate only on ND’s and NS’s, remember there’s the whole background 1hr phase and more to take into account)
Great Video Pete, thanks.
See guys what he comes up with when you engage in the discussions, you’d find it hard to pay for stuff as good as this.
This is my current take on the 1HR
I have been using you template on the 15min T/F for the last few weeks and I really like it. I have found it very helpful.
Thanks PPF
Hi Pete,
Just a quick comment to say thank you very much for the NS/ND Video today. That is so helpful, a pleasure to watch. It`s almost worth cracking a beer for the occasion, but then there would not be much analysis happening. On Ya!
Regards
Stephen
pls can any body tell us what to look for now…cos 1hr is confusing me presently?..pls helpppppp
I`ll give it a shot.
The 1hr has been ranging between the blue lines. For the last hour and a bit the price bounced off 1.3578 where supply has come into the market. Note the high volume in that area. If anything I would have been looking for a short entry on the 5 minute T/F but I havent seen a No Demand area with conformation to enter. Please, anyone correct me if Im wrong.
totally rite my friend i see same now but dere is no demand presently but am not taking it i guess its too risky now…lol
Interesting spot at the moment people. We have just hit the 50 fib on the EU from the weeks peak (Monday open). Interesting to see if it either pushes through on average volume (may look at a long) or fully rejects off the fib line (short opportunity). No trading for me today, but will be watching with interest 
This looks like the beginnings of a markup, so short pullbacks and longs?
Just to comment on Pete’s last video, I can see where I was going wrong(ish), the devil is in the detail!
But heck, looks like there’s is even more profit in this than I thought.
Am I picking up a situation correctly? Is this a case where we would not sell into critical Fibonacci area?
[QUOTE=pandras82;294511]Am I picking up a situation correctly? Is this a case where we would not sell into critical Fibonacci area?
I believe you are correct there. As you can see, it bounced of the 50 twice already, and I just had another look and it’s just dropped below the 61.8 and struggling to break back into that fib zone. Probably wait to see a low volume ND candle and a subsequent confirmation for a possible short. May go down to 1.35167 (30 pips from current price), however if confirmation does not show int he next 10 pips, the profit compared to risk may not be worth it??
Just my opinion - that of a novice still 
Yes you are correct, but I think Pete said that about the 1Hr, it’s a little different on the 5m, if you are in a markdown phase on the one hour, you may well want to short into the 61.8 on the 5 min off a double top maybe, yes?
Excellent! About fib, I’m not going to say you CAN’T take a trade into fib zone, but that it does affect the probability.
To expand more on your chart…7 candles back from your ND is another ND, further from fib. That entry was about 14 pips from 50 fib so you could enter and lock BE if the fib zone is tested and shows demand. (high vol reaction)
By the time your ND showed up, 50 fib had already been tested and did not show demand/stopping volume. If you’re unsure about taking a trade around the fib, watch the reaction.
Thank you very much for your answers.
Have a very good weekend.
Best Regards
So this is one of the situations where it hasn’t had the next bar close lower than the low of the no demand bar but is still a no demand. This one is the true definition of a no demand, but the no demand bar 7 candles previously did match Pete’s criteria of closing lower on the next candle. I guess the one closing lower gives more credence to the validity of the 2nd one?
awsome vedio Pete, help me a lot in understanding deeply about ND and NS…
Learnt so much yesterday, but the icing was that ND never showed up and it went short, I was long off the 61.8, making the assumption that the ND would turn up, it never did, nuts, so anyway it’s still Demand/Supply, Demand/Supply, Demand/Supply, and again a few times maybe on the 1 hour.
So we can still make good profits in a rangey (for want of a word) market, onwards and upwards!!!
Hey guys, I hope you are all ready for the new week!
Pete, I have a question for you. In one of your videos you were talking about setting TP to fill your R:R. Did I get it right? I know you close trades once you see some high volume reaction to fib zone and you like to close half and cancel out your risk. But what about your R:R? Is it some kind of rigid number? Like 2:1?
Thanks for any answer. I appreciate that.