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.
Sorry, don't see it on
AMD Updated
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