remember supply zones and demand zones are just that zones - I
don't automatically buy a demand zone or short a supply zone
without a trigger
what I look for in a trigger is some sort of reversal candle and
price action, and I zoom down to smaller charts to look for a
trigger. Again that doesn't guarantee you won't have losing trades
and get stopped out, hence that's how trading is. But I look for a
trigger of some sort because many times price won't stop at those
zones and will go through them
lsherrer -I discuss how they are created once again in Tuesday's
newsletter. Guys start listening to the newsletters.
Way to many ambiguous supply and demand zones I see
labeled.
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GDX - Matt /
Posted by dragonfly28 on 25th of May 2023 at 02:40 pm
GDX - Matt / Steve; the demand zone in the 30 area makes sense, but what's your take on that gap down at 28.00 - 28.70?
remember supply zones and demand
Posted by matt on 25th of May 2023 at 02:45 pm
remember supply zones and demand zones are just that zones - I don't automatically buy a demand zone or short a supply zone without a trigger
what I look for in a trigger is some sort of reversal candle and price action, and I zoom down to smaller charts to look for a trigger. Again that doesn't guarantee you won't have losing trades and get stopped out, hence that's how trading is. But I look for a trigger of some sort because many times price won't stop at those zones and will go through them
Matt, How do you identify
Posted by lsherrer on 25th of May 2023 at 02:54 pm
Matt, How do you identify demand and supply zones?
lsherrer -I discuss how they
Posted by steve on 25th of May 2023 at 02:56 pm
lsherrer -I discuss how they are created once again in Tuesday's newsletter. Guys start listening to the newsletters. Way to many ambiguous supply and demand zones I see labeled.