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Supply and Demand

GBPUSD 08 JULY 2020 1400 hrs -identifying DIV in a channel ref.RSI as an adjunct. Preferred to look for accumulation below the median of RSI (50 level) and distribution above the median line. Volume is always primary. I am finding RSI set at 7 with oversold at 75 and overbought at 25 to be extremely useful in setting alerts into my preferred target areas. If RSI alert is triggered in the target area, further analysis must be conducted to properly identify where you are in the market cycle. If you do not know where you are located within the market cycle chances that the trade works against you elevates. Training/Practice**
Education
by dee718
Re-accumulation example (ref.)Areas to look for re-accumulation: Below support 50-61.8% fib Previous resistance turned support Chosen EMA (14/50 here/Fader technique). RSI is useful for setting alerts. RSI here is at 7. Oversold at 75/overbought at 25. Also useful for a last conformation (although not needed). You may also get a divergence below the creek on the 5 or 15 once price intersects with the other factors listed above. Ideally, you get in on the test and take it to your profit target. Take profit and wait for this to repeat itself. If you think you just so happened to buy right before its going to skyrocket like never before, think again. Always have a profit taking plan in your trading* Holding is for investors and people who don't know what they are doing. PM for TA questions. Training* Sources of education: Richard Wyckoff Tom Williams Volume spread analysis VSA/ Master the Markets Pete Faders VSA* Read the ticker dot com Wyckoff analytics Dee Nixon
Education
by dee718
1
Accumulation into demand line (positioning reference) Example of why its better to avoid selling at support or into a demand line (if using channels). Isolated example of active buying, prepping, for a counter trend position. SM will buy until the sell pressure is low enough for them to mark the price up with as little in their path as possible. Refer to Tom Williams Master the Markets for a thorough and very easy to understand explanation. Its useful to have a grasp of basic supply/demand dynamics. When there is more supply than demand price goes down and when there is more demand than siupply price goes up. Volume analysis vastly improves ones ability to recognize imbalances of the two. Training*
Education
by dee718
Hextar Global..Hidden base act as powerful areaHidden base is actually a rally base rally in Technical Analysis and always overlook by many traders. A simple way how to find this area 1. Look to the left and find most obvious support/resistant. A shadow or body is fine, both can be use as long as your line touching the candle body or shadow. 2. Find the breakout Candlestick. Go to lower time frame one by one..W> D>H4>H1>M30>M15>M5 3. In line with the S R, Mark area from high to low ( shadow to shadow) of rally base rally pattern. 4. Find decision point area. This technique have higher chance of getting High reward vs your risk. Chance of sniper entry also got higher. Price always react for the first time back/1st retest/ 1st entry. For 2nd retest/ 2nd entry, price usually react in decision point area which below from the low candlestick 1st retest
MYX:HEXTAREducation
by HafiqAiman
Market Structure with Support Resistance - #Basics #LL #LHHello Traders! I got a new education post for you. This is one of the first basics in the forex market. It is very important for you to understand. Why do we need to analyze the Structure? We do that in order to determine the trend. It is more easy to trade with the trend and not against it. Simply because you can catch more pips with one move. This is very good if you are Swing Trading but it is also great if you day trade it. Market Structure: The market creates Lower Lows (LL) and Lower Highs (LH). Also you can use Support Resistance for that. As you can see on the chart, it fits perfectly. Support became Resistance after breaking it and also there we mostly have then a LH in a Down Trend. I hope you could learn something. It is one of the basics. And if you are more advanced trader, I hope that you are reminded through this post at one of basics Thank you and we will see next time - Darius.
Education
by DariusFxTrading
GBPUSD - How to trade with Supply Demand - Fake Outs, TrendHello Traders! In this post I am going to show you how to trade Supply Demand. What is Supply Demand: Supply Demand is a strategy that works with the footprints of the banks, financial institutions, hedgefonds, ... The big players in forex. We simply follow their moves. Supply Demand Zones are zones where these institution may have their orders located. Example: I got a perfect example here on GBPUSD. We can see some nice Supply Demand Zones. Also we got Swap Zones which are Supply Demand Zones where the quantity was not given in order for the banks to drive the price up or down. Below the Zones we have Resistance Lines. They are often used for Fake Outs like we can see on the charts. Afterwards the price is pushing back down. The same steps again and again. This is how you can easily trade Supply Demand in a Down Trend by following the price from zone to zone. That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions. Thank you and we will see next time - Darius.
Education
by DariusFxTrading
6
EURGBP: Key Levels & Structure Analysis hey guys, EURGBP has broken above a key daily structure last week. Here are the key levels from where we will be looking for new trading opportunities. 0.90 - recent resistance that turned to support after a breakout 0.93 - major resistance and 2019's high 0.95 - major resistance and 2020's high just in case of the start of a selling rally here are the key supports: 0.87 - mid-term 2020's support 0.83 - major support and 2020's low the safest and the most accurate trading opportunities are always on key levels. let the market reach on of those and then look for a signal.
Education
by VasilyTrader
19
BTCUSD how to identify institutional activity (reference)Using NOV 2018 as an example, note the volume. As price was falling it was met with very large buying. Enough to prevent the price from falling below 3k ish. It took about another 6 months of absorption before the supply dried up for a clear path for mark up. But just wanted to point out what stopping action looked like. If you were to invert the chart, the inverse would apply. Look up Wyckoff price cycle/ accumulation and you will see how this particular example follows the schematics. Practice*
COINBASE:BTCUSDEducation
by dee718