Advance Price Action Trading with Demand Supply & More

[AlphaT]

Thanks for the video(part 4).
Taking forward the example of hdfc mentioned, posting weekly chart with price 2TB to DZ . View attachment 38431

Just adding to your chart... Weekly picture only!

 

[sabhlok_r]

Another one

 

[sabhlok_r]

Just adding to your chart... Weekly picture only!

View attachment 38438

Thanks for the bigger picture. Still early days for me. Long way to go.

 

[AlphaT]

Thanks for the bigger picture. Still early days for me. Long way to go.

I love your learning spirit! I am there with you. Keep learning buddy!

 

[AlphaT]

For my friend @primitivetrader

The QM is already gone twice 2TB. Now the FTR and the MPL. Like you mentioned, there is always a chance that price will come below the FTR to the MPL to pick up orders from the lower stack (which is a better lower price for the insti(s) and also if there are too many SL sell orders from retail side it will become a sweet spot for them!

 

[primitivetrader]

For my friend @primitivetrader

The QM is already gone twice 2TB. Now the FTR and the MPL. Like you mentioned, there is always a chance that price will come below the FTR to the MPL to pick up orders from the lower stack (which is a better lower price for the insti(s) and also if there are too many SL sell orders from retail side it will become a sweet spot for them!

View attachment 38439

thanks a ton! got it. i think the FTB/2TB are from the swap/flip zone which is coinciding with QM zone. so either wait for MPL of QM or FTR as per trader's profile and risk tolerance.
thanks once again.

 

[AlphaT]

Perfect!

 

[AlphaT]

I just wanted to say this since I am getting many questions. This method can also be used for longer duration trades (which some might call as investing). For that, it's best to qualify investment candidates with Fundamentals and then enter at qualified DZs where insti(s) are buying. Exits can also be made basis PA which hints at reversals if fundamentals have changed.

I am not a fundamentals expert, but would love to collaborate with anyone with good fundamental knowledge here, and identify good candidates and time their entry with PA, if someone is willing.

 

[AlphaT]

One of the Powerful signs in the Market!

 

[sabhlok_r]

One of the Powerful signs in the Market!

2 scenarios playing out in bank nifty today. Is this also an example of cap out reversal ? Lets see.