How to determain supply and demand??

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PINKPANTHER5
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How to determain supply and demand??

Postby PINKPANTHER5 » Tue Nov 03, 2009 6:09 pm

How do you determain supply and demand?? What exactly is it?

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PTG
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Postby PTG » Tue Nov 03, 2009 9:12 pm

You would have to watch the Sam Seiden video's and look at the sheets that are in a downloadable zipfile.

You can find the links to those files in a recent thread here.
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pablo101
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Postby pablo101 » Wed Nov 04, 2009 1:40 am

What line? The line that tells you which way you are trading! - MO

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dragon33
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Re: How to determain supply and demand??

Postby dragon33 » Wed Nov 04, 2009 2:25 pm

PINKPANTHER5 wrote:How do you determain supply and demand?? What exactly is it?


When price is rallying that means there is a big imbalance between buyers and sellers. If price is running up you have a lot of buyers in the market and vice versa.

When price is making a high or low and stays in that area for a while by several up and down candles then price is creating a supply or demand zone.
This is the place where buyers and sellers are almost in agreement. Price can't travel in a directions. But when price is leaving that area you will see fast movements in the market running to the next supply or demand zone!
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PINKPANTHER5
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Postby PINKPANTHER5 » Wed Nov 04, 2009 6:28 pm

Thank you Dragon :D

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