This is not rocket science. This is 100% a numbers game. How much willing demand and supply at each price level is what determines price movement. To think Picasso or Van Gough should be brought into this discussion is rather amusing if you think about it. SUPPLY AND DEMANDI began my career many years ago on the floor of the Chicago Mercantile Exchange (CME), facilitating institution and bank order flow.
WhaThis article will explain some useful factors to consider when trading based on the supply and demand methodology. I will provide a brief overview of supply and demand before delving into how to identify high probability levels from which to trade.Supply and Demand OverviewThe only reason why price moves in any and all markets is because of an imbalance in supply and demand.
The greater the imbalance, the greater the move.Strong moves in price away from a level indicate that not all orders were filled. For example, at the origin of a supply level, there are not enough buy orders to fulfil the number of sell orders. This is why price moves away in such a strong fashion. When price returns to those levels, the novice traders are buying into an area where institutions have their sell orders.
Institutions and professionals sell to the novices then there are no more buy orders so price must fPrice is slightly uptrending, on higher timeframe D1 it is a downtrend. The supply zone looks very solid, strong departure, took out previous demand zones and is fresh (this is the first retrace). Because H4 and D1 trends are not aligned, I just go for a quick move before confirming the trendline.
Hi,I present you my Supply and Demand System. There is a lot of information on FF and youtube on how to find those supply demand trading forex. If you are interested supply demand trading forex me for more infos. You must understand these rules before you can start putting the pieces of the puzzle together. The book alone is useless, it contains links to videos and webinars you should watch.
You should also read the posts in this thread. There is much more to this eBook, it will get you started on supply and demand and from there you can decide if supply and demand is the way you.