Buy and Sell Areas

Hello All,

Simple question.

How do you people determine buy and sell areas?

Obviously charts would explain a lot



Thank you.
Vip

Simple answer, wherever I feel the market is mispriced.

There is no such thing - ie there are no areas on a chart that are guaranteed to act as buy or sell areas in the future...all we have is our analysis to determine a price level's potential for such, and this may compromise one of or a combination of the following to determine which price levels may see an imbalance of demand over supply (a buy area) or an imbalance of supply over demand ( a sell area.)

1. volume at a given price level (s)
2. market depth/order book/price ladder at a given price level (s)
3. previous near-term fractal price swings on any given chart t/f (relative to that t/f) and their relationship with such on higher t/f (s) ie - whether these are co-existent as such on other higher t/f's.... these are graded as to their potential for future sup/res/sbr/rbs based on 5 main factors.
4. market profile print at a given price level (s)
5. price action at a given price level (s)

Personally I use a simple technical methodology to determine where these imbalances may occur and then wait for price action to confirm or not along with a repeating set-up (s) in a triple t/f the confluence of which can highlight hi-probability trading opportunities. Whilst I am not going to give away my edge I am happy to elaborate on the potential support/resistance methodology I use. It's mainstay is the previous fractal swing hi and lo's on the relevant t/f's to determine where there existed a near-term previous imbalance of supply over demand or demand over supply and whether such may do so again if tested in the near future (relative to the t/f) to act as support, resistance, resistance becomes support (rbs,) or support becomes resistance (sbr.) Examples of this are appended below;

G/L

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Red boxes represent origin of sellers and green squares represent origin of buyers. The circles are reactions to those buy and sell zones