Alfonso Moreno

My name is Alfonso Moreno. I am a full-time trader, expert technical analyst, and founder of the Set and Forget supply and demand online trading academy, which was established in October 2013. I have exclusively traded the financial markets using supply and demand imbalances with a proprietary strategy that I have developed over the years. This strategy helps me locate market turning points where professional and institutional traders plan their trades.

Alfonso, former dancing instructor and photographer

How can a former dance teacher and photographer teach you about trading and the financial markets? Well, why not? It’s simple. I have spent many years studying charts on my own until I developed a set of mechanical rules that have aided me in comprehending how the markets typically operate.

You do not need to have a PhD in economics or be a banker in order to become a trader. In fact, that could be a disadvantage because your mind would be clouded with unnecessary knowledge and principles that are not required for placing trades and making a living through trading in the markets.

Alfonso Moreno's trading evolution

Time and experience help us all to advance in our careers. In the years I have been a trader, I have grown and developed. My growth has helped me realize that trading on larger timeframes not only suits my personality, but it is also where the smart money is. Does this mean that smaller timeframes will not be effective? Not at all. It simply means that I now have more free time to spend with my loved ones, doing what I enjoy.

Money is important, but it is not the most important thing. Having a lot of money and a good job does not guarantee happiness. It can certainly be helpful, but why would I want to accumulate wealth, own a large house, and drive a fancy car? To impress my neighbors and friends? To boost my self-esteem? I have my ego in check; what I really need is to manage my emotions and stop feeding my ego with negative thoughts.

How was Alfonso Moreno's beginnings in trading?

In my beginnings, I used to trade on smaller timeframes such as M5 and M15. I followed someone else’s strategy that involved using MACD, Bollinger Bands, and 6/12 EMA crosses to find new trading opportunities. It worked for a few months, but I had to spend several hours each day monitoring the charts. I would wait for the London and New York market openings before making trades. My focus was solely on Forex trading, which was quite stressful. However, with more experience and consideration of my personal needs and life circumstances, I realized that something was missing. It wasn’t until I learned about supply and demand that everything fell into place.

As traders, we often forget to step back from the charts and allow our trades to develop. It is important for us to have a trading strategy that aligns with our personality and helps us manage our emotions and greed. We should feel confident in our trading plan and the time we dedicate to it. It is crucial for us to prioritize our needs and determine our motivation for becoming a trader. Is it solely for financial gain? 

That’s not enough of a reason. Everyone wants money and a good job. There must be something else. You must listen to yourself and learn why you want to become a trader first, then choose the strategy that fits your personality and gives you enough time to achieve moments of happiness by sharing quality time with your beloved ones. Time to give and receive love. That’s all there is, my friends.

In the past, I used to trade frequently and achieve returns of 4-6% per month, sometimes even higher. You may have considered 4% a month to be insignificant, but that was an unrealistic mindset. Now, I have a clear understanding of my goals and how I want to achieve them. I have created my own trading strategy based on supply and demand, which I have successfully mastered.

I do not care about or follow anyone else’s trade ideas or approach to the markets. I only focus on my own rules and trading plan, disregarding the news and fundamentals. Why? Because I developed my rules without relying on them. It would be pointless to use fundamentals now. Additionally, it is often the case that strong imbalances outweigh any positive or negative announcements. It is important to closely monitor the charts and observe how they react when news is released or a stock’s earnings are published.

Technical analysis involves interpreting the mindset of all market participants. As a result, I left my dancing job to become a market psychologist. However, this decision requires more than just a desire for money and a good job. It is important to reflect on your personal motivations for becoming a trader and select a strategy that fits your personality. This will allow you to balance your work with quality time spent with loved ones, which is ultimately what matters most. Take the time to understand yourself and prioritize giving and receiving love, my friend.

Alfonso Moreno's methodology benefits

I do not need to spend hours in front of my trading platform every day. I only need to trade for about 30 minutes every 1-2 days. I set my alerts, place my trades, and then let them run without constantly monitoring them. Some of these trades will be profitable, while others may result in losses. 

However, the profits from the successful trades will be at least two or three times greater than the losses incurred. There is nothing else I can do as I do not have the ability to manipulate market movements with my mind. I base my trading decisions exclusively on supply and demand imbalances and hope for positive outcomes in each trade. Wishing you all the best.


Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Set and Forget, its employees, or fellow members. Futures, options, and spot currency and stocks trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex and futures markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell spot Forex, cfd's, stocks or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

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