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How to determain supply and demand??

Posted: Tue Nov 03, 2009 6:09 pm
by PINKPANTHER5
How do you determain supply and demand?? What exactly is it?

Posted: Tue Nov 03, 2009 9:12 pm
by PTG
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.

Posted: Wed Nov 04, 2009 1:40 am
by pablo101

Re: How to determain supply and demand??

Posted: Wed Nov 04, 2009 2:25 pm
by dragon33
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!

Posted: Wed Nov 04, 2009 6:28 pm
by PINKPANTHER5
Thank you Dragon :D