Supplydemandanalytics
AU200AUD Line chart analysisCheck out the line chart analysis. Maybe its something you can add to your toolkit.
Let me know what your favorite strategy is in the comments below.
Make sure to like this post so I know to keep making more videos.
USDCAD mid term short opportunityIt seems that the buying force has been around for the last few days and coming to a recent strong supply area as highlighted on chart. A very strong rejection (red candles) was shown around the supply area, this means a lot of selling orders are yet to be filled.
Aggressive traders may place limit order around this area. Alternatively you may wait for double top (No higher high), V shape confirmation and sell, both strategies has pros and con, the limit order method will give you Bigger Risk Reward Ratio (RR), and the wait until confirmation will be safer but less RR ratio.
Whenever retail traders feel its time for the buying move, it is a confirmation for sell. The logic apply both sides. In order for you to make money, retail traders has to loss money.
regards,
Steven
Xrp to test monthly supply before going lower?Hello everybody. We're about to enter September. Fresh start of the month could possibly take us to 0.30-0.31$ region before dropping hard again. Might catch a lot of bulls before going lower.
My bias stays the same - we should see 0.16-0.20$ by 2019 November/December.
Bitcoin is not looking good either, shaking out hodlers and putting them into deeper depression is now the grand plan.
This is not financial advice, just an idea. Stay tuned.
BITSTAMP:XRPUSD
CL1! SHORTOnce price reaches the Supply Zone (SZ) at 61.06, I expect a drop down to the next respectable Demand Zone (DZ) at around 57.86. I'm prepared to bail out at the first target (T1.) at 58.79. It says that price is up-trending but on the Daily it shows that it is actually down-trending.
AUDCAD SELL Daily IncomeIf the price reaches 0.93300 (sell entry), I believe there are sellers there that will push price back to a demand zone of 0.92910 (Take Profit) for a good 3:1 R:R.
AUDCAD SHORTIf price reaches this supply level (brown), I'm guessing it will spike in and fall for a decent 1:5 RR.
Daily income trade setup SHORT EURNZDI will be looking for shorts at these levels.
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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.
