note the doji candle and range, and look at as many examples as
possible, we show charts almost every night with a support or
demand zone on it, best to look at as many as possible to calibrate
your eye
I have outlined how supply and demand zones "properly" form -
use the search function on the blog. There is a difference
between supply/demand zones (where institutions tend to act) versus
simple support and resistance. Supply and demand zones
form with a break in structure and there is an art to identifying
such zones - this not just drawing a bunch of lines at the
highs or lows which everyone can see.
How do you define your
AMD Updated
Posted by auni on 14th of Jul 2023 at 11:55 am
How do you define your supply zones?
note the doji candle and
Posted by matt on 14th of Jul 2023 at 12:00 pm
note the doji candle and range, and look at as many examples as possible, we show charts almost every night with a support or demand zone on it, best to look at as many as possible to calibrate your eye
Sorry, don't see it on
Posted by auni on 14th of Jul 2023 at 12:34 pm
Sorry, don't see it on this chart. Why not extend the range all the way over to the right of the 2 peaks?
I have outlined how supply
Posted by steve on 14th of Jul 2023 at 12:38 pm
I have outlined how supply and demand zones "properly" form - use the search function on the blog. There is a difference between supply/demand zones (where institutions tend to act) versus simple support and resistance. Supply and demand zones form with a break in structure and there is an art to identifying such zones - this not just drawing a bunch of lines at the highs or lows which everyone can see.
AMD Structure Break and Subsequent Supply Zone Shown
I did use the search
Posted by auni on 14th of Jul 2023 at 04:01 pm
I did use the search function, found nothing, which is why I asked. Could you point to your outline of supply and demand post for me?
Yes Auni - I actually
Posted by steve on 14th of Jul 2023 at 04:03 pm
Yes Auni - I actually added a link to me earlier post showing how the supply zone was formed on AMD.
Steve, Still not finding it. Is
Posted by auni on 14th of Jul 2023 at 04:12 pm
Steve,
Still not finding it. Is there any reason you can't just help a guy out and post it, I have been here for about 15 years.
Never mind I found this: https://www.tradersimon.com/2021/06/the-correct-way-to-draw-supply-demand-zones/
Have a great weekend.
Auni
tradersimon.com
How To Draw Supply & Demand Zones – The Right Way! – TraderSimon.com
Drawing Supply & Demand Zones - The Right Way! In over a decade of teaching Supply & Demand trading, I still see Supply and Demand zones drawn the wrong way. In this article, we're going to address some common mistakes and clear up the confusion of how to draw Supply & Demand zones once