I lost $15k over 2 years until I found this one strategy...
that I've been using consistently for the past 7 years as a full-time trader
And I'm giving it to you for free:
(Supply/Demand Threadπ§΅)
that I've been using consistently for the past 7 years as a full-time trader
And I'm giving it to you for free:
(Supply/Demand Threadπ§΅)
The key understanding to supply/demand is all about SPEED.
How fast price is moving.
Fast price movement = institutional activity
Slow price movement = chop
How fast price is moving.
Fast price movement = institutional activity
Slow price movement = chop
Price is always in 2 phases:
Contraction (shaded) and Expansion
Contraction (shaded) and Expansion
Contraction phases are when institutions are building positions
A "fast" move from a contraction phase is how you know where to identify supply/demand
A "fast" move from a contraction phase is how you know where to identify supply/demand
There are 2 kinds of zones
-Drop base rally
-Rally base rally
I'll explain both for demand zones
(it's the opposite for supply)
-Drop base rally
-Rally base rally
I'll explain both for demand zones
(it's the opposite for supply)
A DBR (drop base rally) zone looks like this:
A RBR (rally base rally) zone looks like this:
These "zones" are drawn by taking a box from the high/low of the "base" part and extending them
Here's what I mean:
Here's what I mean:
You trade these zones by buying the pullback to them
Here's what I mean:
Here's what I mean:
Let's take a look at some real examples.
Here's $ZM on the weekly time frame.
Showing a RBR Demand zone and bounce from it
See the consolidation before the explosive move higher?
Here's $ZM on the weekly time frame.
Showing a RBR Demand zone and bounce from it
See the consolidation before the explosive move higher?
Here's an example of a DBR zone and a supply zone on $CRM
Price went lower, based, then exploded higher leaving a demand zone
Price came back and bounced out of that demand zone
Price went lower, based, then exploded higher leaving a demand zone
Price came back and bounced out of that demand zone
So where do you actually draw these zones?
You want to find the candle right before the "explosive" move
That's where your demand/supply is at
Let's take a look:
You want to find the candle right before the "explosive" move
That's where your demand/supply is at
Let's take a look:
Here's $TTD on the weekly
A nice supply zone forms so I took the candle before and extended a zone from the low-high of the candle
Price hits the zone and immediately reverses
A nice supply zone forms so I took the candle before and extended a zone from the low-high of the candle
Price hits the zone and immediately reverses
Here's a look at $ES Futures on the 4h
Beautiful demand zone + reaction to it
Beautiful demand zone + reaction to it
Supply/Demand does get A LOT more in-depth than this
Way more than I can fit in one thread
So if you enjoyed this one and learned something...
Way more than I can fit in one thread
So if you enjoyed this one and learned something...
I made a course for FREE going over the one I use to trade full-time
I put it inside The Vault, my 9,000+ community with:
- 5+ courses
- Live trading each week
- Scanners, Tools, Templates
Join now while it's free ππ»
freedomteamtrade.com
I put it inside The Vault, my 9,000+ community with:
- 5+ courses
- Live trading each week
- Scanners, Tools, Templates
Join now while it's free ππ»
freedomteamtrade.com
Hope you found this helpful!
Follow me @FT__Trading for more threads on trading
Comment below what other kinds of threads you want
Follow me @FT__Trading for more threads on trading
Comment below what other kinds of threads you want
If you're reading this and still not making $10k+ a month...
You need to take action. Start with this free training video π
freedomteamtrade.com
You need to take action. Start with this free training video π
freedomteamtrade.com
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