AUDCAD SHORTIf price reaches this supply level (brown), I'm guessing it will spike in and fall for a decent 1:5 RR.
Supplydemandanalytics
Daily income trade setup SHORT EURNZDI will be looking for shorts at these levels.
also follow me on:
----------------------------------------------------------------------------------
Twitter: twitter.com
Instagram: www.instagram.com
EURUSD Idea 15/1-19/1Supply & Demand trading levels
Trade 1 will be taken once price breaks out of zone.
TP to be taken when price hits supply zone at 50% breakthrough
Trade 2 to be taken if price action permits.
Importance of Volume vs Price RelationshipA lot of people dismiss the importance of volume. But the truth is, without volume, a comprehensive analysis is almost not possible. Each candle, each swing point, each supply/demand zone, each wave and each retracements volume is important not to be overlooked.
I hope this picture helps a lot of you to get some basic understanding on how I use volume to measure strength/weakness in a pair and trade accordingly. This is the reason why most of my trades go in the right direction.
GBPCHF SUPPLY ZONEI spotted a drop base drop supply zone on the 15 to 5-minute charts and thought it was a good opportunity for a trade on the 5 min. after seeing that there were more sellers than buyers on the lower time frame. Now, I don't normally go for zones in the middle of a trend. I prefer swing zones. But it looks like a textbook zone that should be considered. So, a cushiony stop loss at a considerable distance can be placed in case the zone doesn't hold up. Also, there are two target opportunities in case the supply zone is strong. If price break below the first take profit (T1.) then stick around for the second. Also, it is still in a downtrend, an added confluence.
EURCAD Supply Zone within a supply zoneI have reason to believe that if price continues to rally from here, in what is a downtrend judging from the daily chart, it will be overbought in a Supply Zone (lightly brown shaded backdrop) of the weekly (W) chart, and if it retests the hourly (1h) supply zone (grey shaded backdrop zone) then it will drop. How far? I'm guessing substantial since the supply is coming from both the weekly and the hourly. It's possible to end up with a 1:4 risk/reward if the target is reached well before a possible demand zone on the hourly.
NASDAQ in for some moves lower. Price Altitude: Middle
Daily Trend: Range
4H Trend: Down
Analysis: Daily supply is in control and it has removed a daily opposing demand. Biased towards the short side.
Prediction: Continue moving lower into daily demand.
Price Points of Interest:
4H supply inside daily @ 7432.8
4H supply @ 7399.4
4H demand inside daily @ 7217.3
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
ETHUSD in a daily range, buy low sell high. Price Altitude: High
Daily Trend: Down
4H Trend: Range
Analysis: daily supply is in control, price is ranging between two daily zones.
Prediction: continue to move lower into 4H inside daily demand.
Price Points of Interest:
4H demand @ 269.51
4H supply @ 306.40
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
BTCUSD primed for a move higher, wait to go long at good demand.Price Altitude: Middle
Daily Trend: Down/Range
4H Trend: Up
Analysis: daily demand is in control with the current downtrend turning into a range on the daily.
Prediction: continue to retrace into 4H demand inside daily.
Price Points of Interest:
4H demand inside daily @ 6086.2
4H supply inside daily @ 7001.0
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
USDCAD buy low sell high when in a range. Price Altitude: Low
Daily Trend: Range
4H Trend: Down
Analysis: Price is in an ugly range on the daily with much whipsawing. Only look to trade the extremes of the range.
Prediction: Continue ranging until one side breaks the range.
Price Points of Interest:
4h Supply @ 1.31532
4h Demand @ 1.30276
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Short USDJPY on rallies to trade with the HTF trend. Price Altitude: Middle
Daily Trend: Down
4H Trend: Range
Analysis: Price came off an old daily supply (noted in the previous post) and has moved to continue its way lower. Supply side is in control at the moment.
Prediction: Continue its way lower due to re-alignment with the daily down trend.
Price Points of Interest:
4h Supply @ 111.219
4h Supply @ 110.870
4h Demand @ 109.648
4h Demand @ 108.822
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
NZDUSD on the up and up until 4h supply realignment. Price Altitude: Middle
Daily Trend: Down
4H Trend: Up
Analysis: Price bounced off the 25% resistance line and is retracing upward into two 4h Supply zones to re-align with the higher timeframe down trend.
Prediction: Continue the retrace upward. Profit margin for longs is disappearing.
Price Points of Interest:
4h Supply @ 0.66646
4h Supply @ 0.66406
4h Demand @ 0.66079
4h Demand @ 0.65688
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
AUDUSD countertrend longs allowed after 4h supply removal. Price Altitude: Middle
Daily Trend: Down
4H Trend: Up
Analysis: Daily demand is in control with a strong retrace up yielding a 4h uptrend. Note the move up is realigning with the higher timeframe downtrend.
Prediction: Continue its way north to realign with higher timeframe supply.
Price Points of Interest:
4h Supply inside daily @ 0.74193
4h Supply @ 0.73647
4h Demand @ 0.72768
4h Demand @ 0.72325
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
GBPUSD stay away until nearest 4h supply is removed. Price Altitude: Middle
Daily Trend: Down
4H Trend: Range
Analysis: Daily demand is in control. Price bounced off and is slowly grinding its way upward. Expecting much whipsawing.
Prediction: The move higher is very choppy and slow. I expect to see a range bound environment until a break higher or lower occurs.
Price Points of Interest:
4h Supply inside Daily @ 1.2936
4h Supply @ 1.2871
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
EURUSD buy pullback into demand until HTF trend realignment. Price Altitude: Middle
Daily Trend: Down
4H Trend: Up
Analysis: Daily demand is in control. Price bounced off it and is heading upward to realign with the higher timeframe down trend.
Prediction: Continue retracing upward until there is a re-alignment with the higher timeframe downtrend.
Price Points of Interest:
4h Supply @ 1.4405
4h Supply @ 1.1515
4h Demand @ 1.1383
4h Demand @ 1.1345
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
