Its almost ny close so I would wait another 2 hours before taking any trades. Also check news make sure there arent any news before u take trades. I'm lazy to check sometimes. be careful.
Supply and Demand Zones 48 replies
Price movement as a function of Supply and Demand 43 replies
Supply and demand zones and EW principles 1 reply
Analysing a potential reversal point using Volume and Candles 1 reply
Demand and Supply 1 reply
DislikedIs it possible to get the supply/demand indicator as in your screen shots?Ignored
DislikedDear hibra68, Thank you for making this thread and posting the zones that you have found. I was wondering if you can please comment on why you didn't include these other zones, that by following the rules of 'price reverses within 1-4 bars from a level', these other zones can be seen. I am only trying to learn and would really appreciate your wisdom regarding these possible extra zones. Is there extra zones here below: {image} Or are these not actual zones and can be ignored? Best Regards, TzamoIgnored
Disliked{quote} You are correct, Your very top rectangle is correct but its too far away so I ingnored it for now, The middle one has been tested and broken so no go. Your last rectangle is where the current price is at so it is possible to go up now but I prefer that it went down to where I drew my zone.Ignored
Disliked{quote} Thanks, so after a break and retest, price action will move away from the zone? In your experience, is there a chance of another retest of the same broken zone and how often can it happen? It sounds so easy to just wait for a broken and retested zone to just place a trade. However, in practice a very difficult task it seems if you have not gained the experience from practice. Do you also give some zones more importance if they overlap with daily/weekly zones?Ignored