General Trading Chat

[Smart_trade]

https://www.facebook.com/groups/forextradingwithrayner/

Good Facebook group having lots of trading information.

Smart_trade

 

[vivektrader]

Xray bro, what's the difference between supply-demand and resistance-support?

Regards
Vivek

 

[XRAY27]

Xray bro, what's the difference between supply-demand and resistance-support?

Regards
Vivek

Vivek ,

Supply & Demand takes into consideration of volume for deciding the Resistance and Supply which turns it into supply area and demand area , where as

resistance and support only takes into account of price as base which always fools in many times :lol:

 

[vijayanscbe]

Xray bro, what's the difference between supply-demand and resistance-support?

Regards
Vivek

Your question seems to simple , actually not.

My answer is just a hint,

"Supply/Demand: A zone, where we assume unfilled orders stacked.

Support/Resistance: A level, where price tested a few times and failed to breakthrough."

This pdf has some basics of Supply/Demand trading methods.

After learning the basics you can add , like X-RAY quantifying with volume.

 

[vivektrader]

And for how long will the marked areas remain valid? Is it one test of the level and that's it?

Regards
Vivek

 

[deba72]

And for how long will the marked areas remain valid? Is it one test of the level and that's it?

Regards
Vivek

Any support/resistance remain valid, till its broken.

 

[sherbaaz]

And for how long will the marked areas remain valid? Is it one test of the level and that's it?

Regards
Vivek

u cannot quantify such things for how long an area or zone remain valid depends on many things. and most imp is the market structure.

for me supply and demand and support and resistance are one and they same thing. how you derive the zone or s/r level depends on how you see it in mkt. it may be swing point it may be some bar it may be multiple points, it can be anything depends on trader.

s/r or s/d is an imp thing in trading but the most imp as per me is the mkt structure. we focus too much on supply demand or s/r but its the mkt structure which is the king. if mkt structure for eg is strong bullish then even in one bar price can take out the resistance and fly high/.

understanding mkt strucuture sync you with the mkt.

regds,s

 

[vivektrader]

u cannot quantify such things for how long an area or zone remain valid depends on many things. and most imp is the market structure.

for me supply and demand and support and resistance are one and they same thing. how you derive the zone or s/r level depends on how you see it in mkt. it may be swing point it may be some bar it may be multiple points, it can be anything depends on trader.

s/r or s/d is an imp thing in trading but the most imp as per me is the mkt structure. we focus too much on supply demand or s/r but its the mkt structure which is the king. if mkt structure for eg is strong bullish then even in one bar price can take out the resistance and fly high/.

understanding mkt strucuture sync you with the mkt.

regds,s

Actually I was going through some videos on supply and demand, and how to mark them, there it was being told that once a supply or demand are is tested and price bounces off them (you get a trade), after that you have to mark new areas (latest ones) to use them. That's why the question.
Thanks

Regards
Vivek

 

[sherbaaz]

Actually I was going through some videos on supply and demand, and how to mark them, there it was being told that once a supply or demand are is tested and price bounces off them (you get a trade), after that you have to mark new areas (latest ones) to use them. That's why the question.
Thanks

Regards
Vivek

i assume you might be watching sam seiden videos. If you are beginner thn what you said above is the best approach. mind it just by placing a zone does not allow you to trade it there are many other considerations which i believe you have at place.

regds,
s

 

[vivektrader]

i assume you might be watching sam seiden videos. If you are beginner thn what you said above is the best approach. mind it just by placing a zone does not allow you to trade it there are many other considerations which i believe you have at place.

regds,
s

I am not using this system as of now (no hopping ) just learning and observing, was thinking of applying it to define profit taking.

Regards
Vivek