DislikedI was wondering if anybody here can point me to a simple guide for identifying supply and demand zones? I've tried doing it but just end up drawing support and resistenceIgnored
Easy! Next time you label your chart with 'support' and 'resistance', change those labels to 'supply' and 'demand' (doesnt matter which, they can be used interchangeably in a long/short market - but if you were trading futures or equities, you would want to use 'supply' for resistance and 'demand' for 'support').
Congrats! You now sound 12% more pro.
When you have to shoot, shoot. Dont talk.