all zones still valid for next week
DislikedThe key as with most any trading idea is to start at the higher time frames working your way down to lower time frames looking for trades that compliment the trends on the longer time frame charts. in other words don't try to go long if your sitting at or near the bottom of a supply zone wait for a short chances. If you can't see one clearly one your preferred trading chart maybe scan other time frames. With a little practice this becomes easier.
Dislikedhey guys i am new to this forum and i am interested in supply and demand however i have been struggling to get them in the right place can somebody please help me with this problem. i will highly appreciate the help
my email is [email protected]
skype name tahir.hussain21Ignored
Dislikedblue for s/d.
yellow for crystal ball sweet spots.
1. last month's low. when zoomed out to daily you'll see 3 horizontal bottoms and 3 declining tops. a break of last months low would open the zones near 2870 and 2620.
2. stacked demand. 2 zones almost on top of eachother. both could trigger a bounce.
3. the latest of the 3 declining tops. clear imbalance to keep in mind.
4. the test and farewell of last months close. big selling => another imbalance.
5. NFP and the rejection @ supply. will there be a 3rd rejection?...Ignored
Strength of the Move
Strength of the move (max 2): How did prices leave the level: strong fashion, or a more gradual move away from the level. Gives clues to supply and demand imbalance at the level. Strongest turn in price level is where supply and demand is most out of balance. So our quest is to look for price levels where supply and demand is most out of balance. The biggest clue in how in balance or out of balance prices are at a level, is how quickly they leave. The more quickly they move, the more out...Ignored
Dislikedi have noticed the strongest reversals and quickest time price leaves demand or supply is when its forming a V shape pattern on my mt4 platform i have a supply and demand indicator that i just found and it plots them on the places that u have mentioned the indicator is from someone who trades with big risks and aims for 10 pips daily. if anyone wants the indicator let me know add me on skype or email me on [email protected].